Business

Many converged at Convergys, now closing its Ogden call center

Ogden's longtime call center will soon shut down

A March 21 email from Convergys Corporate Communications Director Ed Loyd said that up to 209...

Business

BC-ID--Intermountain Grain & Livestock, ID

POCATELLO, Idaho (AP) — Idaho Farm Bureau Intermountain Grain and Livestock Report Tuesday, March 28, 2017. Bids subject to change. BLACKFOOT __soft white 3.35; hard red winter 3.95; DNS 5.10; hard white 4.05; BURLEY __ soft white 3.38, up 4; hard red winter 3.15, up 3; DNS 5.01, up 2; barley 5.00,...


Government

Trump tosses Obama's 'clean' energy plan, embraces coal

Trump Climate Plan

WASHINGTON (AP) — Declaring “the start of a new era” in energy production, President Donald Trump signed an executive order Tuesday that he said would revive the coal industry and create jobs. The move makes good on his campaign pledge to unravel former President Barack Obama’s plan to curb global...


National

States push to protect birth control despite failed GOP bill

Health Overhaul Birth Control

CARSON CITY, Nev. (AP) — Even with the Republican failure to repeal Barack Obama’s health care law, Democratic lawmakers in some states are pressing ahead with efforts to protect birth control access, Planned Parenthood funding and abortion coverage in case they are jeopardized in the future....


Business

US stock indexes close higher as consumer confidence gains

Financial Markets Wall Street

Banks and other financial companies led U.S. stock indexes sharply higher Tuesday, snapping an eight-day losing streak for the Dow Jones industrial average. The rally was broad, with materials and industrial companies among the biggest gainers. Energy stocks notched a big gain as crude oil prices...


Business

Shadow banking is getting bigger, not better

(c) 2017, Bloomberg View. Taxi companies that compete with Uber and media companies that are up against Facebook know it: In a rivalry between regulated and unregulated firms, the latter have an unfair advantage. It also applies to banks, which spent the past 10 years losing market share to...


Business

Unreachable Huishan executive exposes China debt, bank risks

(c) 2017, Bloomberg. An unreachable corporate treasurer. An emergency meeting with creditors. A $4.1 billion stock collapse. And a vindicated short seller. All that and more converged in a remarkable week for China Huishan Dairy Holdings Co., a milk producer with outsized ambitions that may turn...


Business

Uber finally releases data on employee diversity, and the results aren't pretty

(c) 2017, The Washington Post. Uber employs a relative dearth of women and racial minorities, particularly in technical roles, the company said Tuesday -- another example of the lack of diversity that persists across the technology industry. The ride-hailing company, which made public its data on...


Business

Budweiser's brewer won't burn coal Trump vows to revive

(c) 2017, Bloomberg. Anheuser-Busch InBev, the world’s biggest beer maker, plans to get all of its electricity from renewable sources by 2025. The move will require shifting 6 terawatt-hours of electricity from fossil-fuel plants to wind, solar and other renewable sources, the Leuven, Belgium-based...


Business

A look at how Trump's moves on coal will affect the industry

AP Explains Trump Coal

BILLINGS, Mont. (AP) — President Donald Trump’s move to roll back Obama-era regulations aimed at curbing climate change comes as the coal industry is reeling from job losses, bankruptcies, pollution restrictions and growing competition from natural gas, wind and solar. Trump on Tuesday ordered a...


Business

Musk wins Tencent backing as 5 percent stake boosts Tesla's cash

(c) 2017, Bloomberg. Tesla won a vote of confidence from Chinese internet giant Tencent Holdings, whose purchase of a 5 percent stake boosts Elon Musk’s ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about $1.8 billion for shares bought on the open market...


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