Business

Understanding the basis of rental property

Taxes

When you change property held for personal use to rental use (for example, you rent your former home), the basis for depreciation will be the lesser of fair market value or adjusted basis on the date...

Business

Employers fear Obama's overtime plan may go too far

WASHINGTON — Don Fox considers himself a good employer. The chief executive of a 896-location sandwich chain called Firehouse Subs gave his employees health-...


Business

Solid hiring, lower unemployment rate, but wages flat

WASHINGTON — U.S. employers added jobs at a solid pace in June, and the unemployment rate fell to 5.3 percent, a seven-year low. But wages failed to budge,...


Business

Arizona copper mine stirs debate pitting profits vs religion

SUPERIOR, Ariz. — Outside of an aging mining town in the mountains east of Phoenix, a copper company has burrowed a shaft 1.3 miles into the high desert...


Business

US probes possible collusion among airlines to keep fares up

WASHINGTON (AP) — The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a...


Business

Macy's dumps Trump clothing line in response to comments

NEW YORK — Macy’s is the latest company to end its relationship with Donald Trump as the fallout from the real estate mogul’s remarks about...




Business

'Independents' Week' honors buy-local businesses

OGDEN — As part of the “buy local” movement in Utah, a number of Weber County mayors have issued proclamations declaring July 1-7 as...


Business

Smith's breaks ground in West Point

WEST POINT — About $528,000 in new revenue annually will flow into West Point City coffers as a result of the new Smith’s Marketplace development....


Business

Archaeologists: Protect NM canyon from drilling

ALBUQUERQUE, N.M. — Tucked away among northwestern New Mexico's sandstone cliffs and buttes are the remnants of an ancient civilization whose monumental...


Business

Water concerns propel protests against tar sands mine

SALT LAKE CITY — Opponents of Utah’s first tar sands mine called on state officials Tuesday to withhold approvals for the project because new evidence...


Business

What Greece's debt crisis means for average investors

Greece caught many investors off guard this weekend. It closed its banks for the week, it announced a referendum that could dictate its future in the euro zone and...


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