Business

Work hard, then work harder: Entrepreneur Latinos, immigrants in Ogden

Lead BZ 102017 MIguel Hernandez 01

Figures show that the number of Latino-owned businesses in Utah, though a small percentage of the...

Business

Shadow lending growing as Canadians chase housing dream

(c) 2017, Bloomberg. Mortgage broker Samantha Brookes is trying to figure out how to get one of her clients out of a housing-fueled debt hole. The couple, a 59-year-old Toronto city worker and her husband, 58, have so much debt that they stopped making payments on the C$410,000 ($318,000) mortgage...


Business

T-Mobile agrees to buy Layer3 in preparation for TV service

(c) 2017, Bloomberg. T-Mobile US Inc. agreed to acquire closely held Layer3 TV Inc. as the wireless carrier prepares to enter the crowded field of online television service next year. With the purchase, T-Mobile joins its larger peers AT&T Inc. and Verizon Communications Inc. in a strategic shift...


Business

As Elon Musk's SpaceX eyes another historic first, Jeff Bezos' Blue Origin returns to

(c) 2017, The Washington Post. Jeffrey P. Bezos’ Blue Origin got a step closer to flying tourists to space Tuesday when it launched a life-size dummy the company named “Mannequin Skywalker” from its remote West Texas facility. The updated booster and crew capsule, which the company hopes to use to...


Business

US stocks edge higher ahead of expected Fed rate hike

U.S. stocks edged higher in early trading Wednesday ahead of an expected interest rate hike from the Federal Reserve. Technology stocks accounted for much of the market’s gains. Health care companies also rose. Banks lagged the most. U.S. crude oil prices were climbing. KEEPING SCORE: The Standard...


Business

OPEC boosts forecast for rival supply, sees balance in late 2018

(c) 2017, Bloomberg. OPEC predicted that global oil markets won’t rebalance until late next year after boosting forecasts for supplies from the U.S. and other rivals. The Organization of Petroleum Exporting Countries’ monthly report raised its outlook for non-OPEC supply in 2018 by 300,000 barrels...


Business

Saudi Aramco said to seek pitches for IPO coordinator roles

(c) 2017, Bloomberg. Saudi Arabian Oil Co. is asking banks to pitch for roles as coordinators and bookrunners on its initial public offering, people familiar with the matter said, as the state-owned crude producer pushes ahead with plans for the world’s biggest share sale. The company sent out the...


Business

Inflation picks up on energy costs; core gauge slows

(c) 2017, Bloomberg. U.S. inflation picked up in November thanks to a jump in energy prices yet unexpectedly cooled when excluding food and fuel costs, which could factor into Federal Reserve discussions this week on how fast to raise interest rates. The consumer price index rose 0.4 percent from...


Business

AP PHOTOS: Drugs rule Skid Row area of downtown Los Angeles

Homeless Crisis on the Coast Photo Gallery

LOS ANGELES (AP) — The Skid Row area of downtown Los Angeles is home to thousands of chronically homeless people. No one shares the same story on how they ended up in this center of abject poverty, where drugs rule the streets 24/7. “It’s miserable quitting, or trying — trying anything,” 33-year-...


Business

The Finance 202: Doug Jones victory will likely speed up Republican tax train

(c) 2017, The Washington Post. WASHINGTON - Don’t look for the Alabama earthquake to knock the tax train off its tracks in Washington. Even as Democrat Doug Jones notched a once-unthinkable victory in the reddest of states Tuesday, Congressional Republicans continued to chug toward a breakthrough...


Business

Indonesia politician's graft trial delayed by stomach woes

Indonesia Corruption

JAKARTA, Indonesia (AP) — A top Indonesian politician accused of involvement in one of the country’s biggest corruption scandals told a court on the first day of his trial that he was suffering a stomach complaint, forcing a postponement while his medical condition was checked. Lawyers for Setya...


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