Business

Farmington's Haugen Auto closes, land sold; 'McMansions' will take its place

Haugen Body & Repair

Larry Haugen finally sold his land to Symphony Homes for new residential development in Farmington....

Business

The Finance 202: Business leaders not sacrificing much by dumping Trump

(c) 2017, The Washington Post. Don’t go lining up the Profile in Courage awards for American CEOs just yet. Those who quit President Donald Trump’s business councils last week to protest his handling of the Charlottesville horror have enjoyed heaps of praise. The resignations caused the collapse of...


Business

Stocks rise again, put shaky few weeks further behind them

Financial Markets Wall Street

NEW YORK (AP) — Stocks around the world pushed higher Tuesday, as markets continued to gain strength following a shaky run the last couple of weeks. Shares of retailers and metals companies helped lead the way in the United States. With less nervousness in the market, prices for Treasury bonds,...


Business

Commuter train crash injures dozens, none critically

Train Accident

UPPER DARBY, Pa. (AP) — A commuter train crashed into a parked train at a suburban Philadelphia terminal early Tuesday morning, injuring dozens of passengers and the train’s operator, a transit spokeswoman said. None of the 42 people hurt in the crash suffered life-threatening injuries, said...


Business

Coal CEO expected Trump help, but administration said no

Trump Coal Plants

WASHINGTON (AP) — The Trump administration has rejected a coal industry push to win a rarely used emergency order protecting coal-fired power plants, a decision contrary to what one coal executive said the president personally promised him. The Energy Department says it considered issuing the order...


Business

Ivory Coast in talks with China's Sinohydro for more dams

(c) 2017, Bloomberg. China’s Sinohydro Corp. may build three additional hydroelectric plants in Ivory Coast after completing what will be the nation’s biggest dam by October, according to a government official. The combined capacity of the three plants may be as much as 500 megawatts, adding to the...


Business

South Korea rejects U.S. call to revise `horrible' trade deal

(c) 2017, Bloomberg. South Korea rejected a U.S. proposal to revise a five-year-old bilateral trade deal that President Donald Trump has called a “job killer.” “The U.S. asked for resolution of its trade imbalance, full implementation of the existing FTA, and modification and amendment of the...


Business

Asian stocks mixed after Wall Street gains

Financial Markets Wall Street

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street gained as investors looked ahead to this week’s gathering of central bankers in Jackson Hole, Wyoming. KEEPING SCORE: Hong Kong’s Hang Seng index gained 1 percent to 27,421.58 points and Seoul’s Kospi added 0.3 percent to 2,362....


Business

Record $417M award in lawsuit linking baby powder to cancer

Talcum Powder Cancer Lawsuit

LOS ANGELES (AP) — A Los Angeles jury on Monday ordered Johnson & Johnson to pay a record $417 million to a hospitalized woman who claimed in a lawsuit that the talc in the company’s iconic baby powder causes ovarian cancer when applied regularly for feminine hygiene. The verdict in the lawsuit...


Business

Boeing, Northrop get contracts for nuclear missile work

WASHINGTON (AP) — The Air Force said Monday it has awarded contracts to Boeing Co. and Northrop Grumman Corp. for work that could lead to replacement of the nation’s intercontinental ballistic missiles. The contracts are part of a planned overhaul of the U.S. nuclear arsenal that will cost tens of...


Business

Can GE's former chief executive turn Uber around?

(c) 2017, The Washington Post. As an embattled Uber searches for a new chief executive to replace Travis Kalanick, one person has emerged as a front-runner, according to Recode: General Electric Chairman Jeff Immelt. After a 16-year run as GE’s chairman and CEO, Immelt brings to Uber a high-profile...


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