Business

Business

Utah unemployment rate dips to 3.1 percent in December

SALT LAKE CITY (AP) — Utah’s unemployment rate remains at historic lows. The state Department of Workforce Services said Friday unemployment dropped one-tenth of a percent from November to a December rate of 3.1 percent. Meanwhile, Utah’s nonfarm payroll employment for December grew by an estimated...


Business

Super 8 cameras, BlackBerrys among retro gadgets made modern

(c) 2018, Bloomberg. Even as we flirt with “Jetsons"-style bathrooms hooked up to digital assistants, breakneck races of flying “cars” and ever-improving technology, one thing remains clear: Our nostalgic minds remain glued to the rear-view mirror. Kodak made that abundantly clear when it revealed...


National

Correction: Uber-Autonomous Vehicles story

DETROIT (AP) — In a story Jan. 17 about autonomous vehicles, The Associated Press, relying on incorrect information from Uber, reported erroneously that the company has test vehicles carrying passengers with human backup drivers in Toronto and San Francisco. The company is testing autonomous...


National

Good dog, bad dog ... Delta wants to know before you board

Animals on Planes

DALLAS (AP) — Delta Air Lines will soon require owners of service and support animals to provide more information before their animal can fly in the passenger cabin, including an assurance that it’s trained to behave itself. The airline says complaints about animals biting or urinating or...


Business

Coca-Cola CEO urges U.S. to avoid 'deconstructing global trade'

(c) 2018, Bloomberg. As NAFTA negotiations drag on, Coca-Cola Chief Executive James Quincey is adding his voice to the chorus of leaders urging the U.S. to preserve free trade. Though the agreement can and should be improved, throwing up barriers between nations again isn’t the answer, Quincey said...


Business

Schlumberger rediscovers the American (oil) dream

(c) 2018, Bloomberg. What a difference three months, and $10, make for Schlumberger Ltd. The world’s biggest oilfield services company kicked off earnings season for the industry on Friday morning. Three months ago, unveiling third-quarter figures, it had this to say on the outlook for North...


Business

BofA judge says 'no dice' to request to vacate scathing ruling

(c) 2018, Bloomberg. A bankruptcy judge who slammed Bank of America for its treatment of a California couple over a foreclosure declined a request to tear up the scathing opinion, saying it was important “to name and to shame” the company in order to shed light on practices that affect consumers. U....


Business

GE slides toward worst week since recession on capital fears

(c) 2018, Bloomberg. General Electric plummeted again as a report from Deutsche Bank questioned whether the manufacturing behemoth’s latest problems will force it to raise capital by selling shares or further cutting its dividend. The company is facing a “cash squeeze” and growing debt pressures,...


Business

US rig count down by 3 to 936; Wyoming adds 3

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by three this week to 936. That exceeds the 694 rigs that were active this time a year ago. Houston oilfield services company Baker Hughes reported on Friday that 747 rigs were drilling for oil and 189 for...


Business

Trump warned new bill in Mexico would lure more jobs south

(c) 2018, Bloomberg. The largest labor federation in the U.S. said new legislation in Mexico would encourage more jobs to flee south of the border and could throw a spanner into the works of North American trade talks next week. The AFL-CIO said the legislation would undermine the negotiating...


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