Business

Weber Co. leaders unveil long-awaited plan, aiming to energize the economy

Weber County economic development

The economic development effort aims to bring in high-paying jobs, boost the median income and more.

Business

GE stands by profit forecast, brushing off Wall Street's worries

(c) 2018, Bloomberg. General Electric Co. maintained its 2018 profit forecast, defying Wall Street expectations of a cut, sending shares higher. Strength in aviation and health care are shoring up confidence in the outlook for adjusted earnings of $1 to $1.07 a share, GE said in a statement Friday,...


Business

U.S. weighs emergency powers to curb China tech investments

(c) 2018, Bloomberg. The Treasury Department is considering using an emergency law to curb Chinese investments in sensitive technologies, as the Trump administration looks to punish China for what it sees as violations of American intellectual-property rights. The U.S. government is reviewing the...


Business

Once deemed 'unsafe' by Facebook, Diamond and Silk are now coming to Capitol Hill

(c) 2018, The Washington Post. WASHINGTON - House Republicans have invited “Diamond and Silk,” two conservative video bloggers who were deemed “unsafe” by Facebook after becoming online sensations, to testify next week about allegations of conservative bias online. The hearing, set for Thursday...


Business

EPA head showed penchant for travel, drivers even before DC

EPA Pruitt Oklahoma

OKLAHOMA CITY (AP) — Scott Pruitt’s penchant for travel and concerns about security were notable even before he became head of the Environmental Protection Agency. Newly obtained records show that as Oklahoma’s attorney general, Pruitt frequently traveled out-of-state for appearances before...


Business

2 black men arrested at Starbucks get an apology from police

Starbucks Black Men Arrested

PHILADELPHIA (AP) — Rashon Nelson initially brushed it off when the Starbucks manager told him he couldn’t use the restroom because he wasn’t a paying customer. He thought nothing of it when he and his childhood friend and business partner, Donte Robinson, were approached at their table and were...


Business

Asian shares fall back on trade worries, tech outlook

South Korea Financial Markets-8

SEOUL, South Korea (AP) — Shares are lower in Asia after a major supplier to Apple forecast continued weak demand for mobile devices. A warning by the head of the IMF over the potential for trade tensions to harm global growth also weighed on sentiment. KEEPING SCORE: Japan’s Nikkei 225 edged 0.1...


Business

Snowbasin gets new general manager, Davy Ratchford

INVERSION SKIING

Davy Ratchford will replace retiring General Manager John Loomis, who has been at the resort for six years, the company said in a press release Thursday, April 19.


Business

Southwest Airlines sought more time for engine inspections

Southwest Airlines Emergency Landing

DALLAS (AP) — Southwest Airlines sought more time last year to inspect jet-engine fan blades like the one that snapped off during one of its flights Tuesday in an accident that left a passenger dead. The airline opposed a recommendation by the engine manufacturer to require ultrasonic inspections...


Business

US to fine Wells Fargo $1 billion - the most aggressive bank penalty of the Trump era

(c) 2018, The Washington Post. WASHINGTON - Federal regulators are preparing to fine megabank Wells Fargo about $1 billion for misbehavior in its auto and mortgage businesses, according to two people familiar with the negotiations. The settlement, which could be announced as soon as Friday, would...


Business

Texas deputy stumbles upon suspect in Vegas picnic shooting

Shooting Casino Company Picnic

LAS VEGAS (AP) — A disgruntled casino employee accused of shooting two executives at a company picnic in Las Vegas planned an escape and spent days on the run before a sheriff’s deputy happened upon him sleeping in a car Thursday near a small Texas Panhandle town, authorities said. A deputy on...


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