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

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...


Business

Utah's Deer Valley sold in ski industry consolidation

SALT LAKE CITY (AP) — Utah’s Deer Valley Resort announced Monday it has been purchased by a new company that has brought 13 ski areas from Quebec to Colorado under one umbrella, marking the latest deal in an industry that is becoming more consolidated. Deer Valley becomes group’s first ski area in...


Business

Google's newest Android operating system gets its official name: Oreo

(c) 2017, The Washington Post. At the height of the day’s solar eclipse in New York, Google finally revealed the name of its latest Android operating system - in honor of another dark disc: the Oreo. The company turned the beloved cookie into a superhero based on the familiar Android robot logo....


Business

Your car is now worth less than you think

(c) 2017, Bloomberg. Car sales in the U.S. have been rising for seven consecutive years now, and it’s denting the value of whatever is currently parked in your garage or driveway. With so many new cars rolling out of dealerships lots and instantly becoming used cars, the secondary market is glutted...


Business

Chinese SUV manufacturer confirms interest in Jeep acquisition

(c) 2017, The Washington Post. Chinese SUV manufacturer Great Wall Motors announced its interest in purchasing American car company Jeep, in an attempt by the foreign competitor to expand globally. A company spokesperson confirmed the bid interest on Monday, though a formal offer has not been made,...


Business

AP Sources: GE's Immelt among finalists in Uber CEO search

DETROIT (AP) — Former General Electric CEO Jeffrey Immelt is among the finalists being considered to run ride-hailing company Uber, but there’s no clear consensus among its board about a front-runner, two people briefed on the search said Monday. The people, who asked not to be identified because...


Business

Financial Markets Glance

Dow Jones Industrials High: 21,718.74 Low: 21,600.34 Close: 21,703.75 Change: +29.24 Other Indexes Standard&Poors 500 Index: 2428.37 +2.82 NYSE Index: 11,719.27 +19.44 Nasdaq Composite Index: 6213.13 —3.40 NYSE MKT Composite: 2474.80 —19.21 Russell 2000 Index: 1356.90 —0.89 Wilshire 5000 TotalMkt:...


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