Business

Utah sees top job growth in June as unemployment rate rises

jobs weekly post 1

Utah is creating jobs at a higher rate than any state in the U.S., causing more people to re-enter...

Business

Recent deaths of kids in hot cars prompt pleas to parents

Hot Car Deaths

DALLAS (AP) — The deaths of four children in hot cars in recent days has brought the number across the U.S. this year to at least 23, nearly matching the total for all of last year and prompting experts to plead for vigilance and warn parents that it can happen to anyone. “It just breaks your heart,...


Business

As iPhone sale sag, Apple touts apps and services instead

Earns Apple

SAN FRANCISCO (AP) — You can expect to hear a lot more from Apple about the virtues of mobile apps and online services in coming months. And for good reason: They’re just about the only part of Apple’s business that’s growing right now. Apps and services have always been key to the appeal of Apple...


Business

Revenue down, but Apple edges past expectations

(c) 2016, The Washington Post. Despite doubts about Apple’s iPhone business, the company scored a win Tuesday by surprising analysts with the smartphone’s continuing appeal. The tech giant reported $42.4 billion in revenue for its third quarter. While that is a drop of 14.6 percent from the same...


Business

Trump friend is out of D.C. hotel plan

(c) 2016, The Washington Post. WASHINGTON - Donald Trump’s longtime friend Thomas J. Barrack Jr. spoke glowingly about the Republican presidential nominee last week in Cleveland. A California private-equity executive and founder of Colony Capital who has known the candidate for 35 years, Barrack...


Business

Financial Markets Glance

Dow Jones Industrials High: 18,522.47 Low: 18,387.22 Close: 18,473.75 Change: —19.31 Other Indexes Standard&Poors 500 Index: 2169.18 +0.70 NYSE Index: 10,772.98 +20.55 Nasdaq Composite Index: 5110.05 +12.42 NYSE MKT Composite: 2381.71 —2.51 Russell 2000 Index: 1216.86 +7.04 Wilshire 5000 TotalMkt:...


Business

US stocks little changed as oil drops, Fed meets; yen gains

(c) 2016, Bloomberg News. Earnings from McDonald’s to Caterpillar tugged U.S. stocks in opposite directions, leaving benchmark indexes little changed as investors turned attention to Wednesday’s Federal Reserve interest rate decision. The yen rallied on scaled back expectations for fresh fiscal...


Business

Gold gains as official sees BOE stimulus, dollar sags before Fed

(c) 2016, Bloomberg. 26 July 2016 (Bloomberg) -- Spot gold headed for the first gain in three sessions on the outlook for interest rates to stay low as U.S. policy makers gathered for a two-day meeting and a Bank of England official indicated he favors immediate economic stimulus. The BOE’s Martin...


Business

Apple orders Carpool Karaoke show from CBS for music service

(c) 2016, Bloomberg. CBS Corp. will produce a TV series based on its popular late-night Carpool Karaoke skit for Apple Inc.‘s online music service, the latest sign of technology giant’s growing appetite for original video. The series will consist of 16 episodes, each with a celebrity riding along...


Business

Cole said to approach ex-Goldman colleagues to start venture

(c) 2016, Bloomberg. Chris Cole, the former co-chairman of investment banking at Goldman Sachs Group Inc., has begun a new venture to advise companies on mergers and acquisitions, according to people familiar with his plan. Cole, 57, has approached former Goldman Sachs colleagues to work with his...


Business

Stocks close flat as investors monitor company earnings

Financial Markets Wall Street

NEW YORK (AP) — Stocks had a muddled session on Tuesday, as investors worked through a large batch of corporate earnings from a range of companies including Gilead Sciences, McDonald’s and Texas Instruments. McDonald’s shares had their biggest one-day percentage decline since the financial crisis,...


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