Business

Officials say I-84 interchange in Mountain Green needs to be replaced — and soon

MT. GREEN INTERCHANGE.JPG

The present configuration of one of Interstate 84's busiest Utah interchanges isn't cutting the...

Business

Union leader in $15 wage effort resigns during sexual misconduct investigation

(c) 2017, Bloomberg. An architect of the “Fight For 15,” organized labor’s sweeping drive to raise wages in the U.S. fast-food industry, has resigned from his post at the Service Employees International Union after being suspended last week during an investigation into his relationship with a...


Business

NFL's $205 million man is hated by everyone but those who matter

(c) 2017, Bloomberg. If you’re going to sign your outfit’s top executive to a long-term compensation deal worth tens of millions of dollars, you want to be absolutely confident he can handle any crisis, shut down the pitchforks, snuff out the torches and restore order. Roger Goodell, the National...


Business

China vows no return for shuttered steelmakers as curbs bite

(c) 2017, Bloomberg. China will prevent shuttered or illegal steel plants from returning to the market, according to an official at the nation’s lead economic planning body, signaling a commitment to a campaign by the world’s top producer that has helped to raise prices. The nation will stick to...


Business

Venezuela's behind on its debt and facing two huge payments

(c) 2017, Bloomberg. Ever since the price of oil collapsed in mid-2014, there’s been a broad consensus among the bond-market crowd that Venezuela was going to default. Not immediately, they said, but at some point down the road. Three years on, that time may have arrived. On Friday, the government-...


Business

Halliburton gives up gains on disappointing oil fracking margins

(c) 2017, Bloomberg. Halliburton Co. investors’ initial euphoria over outsized quarterly profits soured as rising demand for fracking failed to swell margins in the company’s biggest business line as much as analysts expected. Even as the world’s third-largest provider of oilfield services...


Business

Trump tweets that 401(k) tax incentives 'safe' in tax plan

Trump

WASHINGTON (AP) — President Donald Trump promised Monday there will be “no change” to tax incentives for the popular 401(k) retirement programs. “This has always been a great and popular middle class tax break that works, and it stays!” Trump tweeted. The president appeared to be responding to a...


Business

Cisco buys software maker BroadSoft for about $1.9 billion

(c) 2017, Bloomberg. Cisco Systems agreed to buy BroadSoft for about $1.9 billion to expand further into software and cloud services. The $55-a-share cash offer announced Monday is a 28 percent premium over BroadSoft’s closing price on Aug. 29, a day before Reuters reported that the Gaithersburg,...


Business

Americans are retiring later, dying sooner and sicker in-between

(c) 2017, Bloomberg. The U.S. retirement age is rising, as the government pushes it higher and workers stay in careers longer. But lifespans aren’t necessarily extending to offer equal time on the beach. Data released last week suggest Americans’ health is declining and millions of middle-age...


Business

Ryanair pilots step up pressure with demand to double pay rise

(c) 2017, Bloomberg. Ryanair Holdings’s pilot uprising shows little signs of abating, with an ad-hoc group demanding that a wage increase turned down by London Stansted crews be doubled and extended across the budget airline’s European bases. The unofficial European Employee Representative Council...


Business

The Finance 202: Trump wants a tax plan in a hurry

(c) 2017, The Washington Post. WASHINGTON - President Donald Trump opened the congressional sprint toward a tax overhaul with what could be his closing argument. It’s also one well known to Republican lawmakers: Get this done now or face the wrath of voters soon. The president made the case on a...


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