Business

Presidents Day 2018: Open, closed, schedule changes, more in Northern Utah

Travel National Park Preservation Votes

Presidents Day is observed on Monday, Feb. 19, this year. Here’s a look at what’s open...

Business

As Amazon competition heats up, Washington mayor heads west to talk tech

(c) 2018, The Washington Post. SAN FRANCISCO - Stretched for talent, big tech firms are looking outside of Silicon Valley to expand, and increasingly one of the beneficiaries has been the Washington area. The region has long been home to information technology contractors specializing in federal...


Business

Oil bumps above $62 amid producer promises to support markets

(c) 2018, Bloomberg. Crude climbed above $62 a barrel for the first time in more than a week as an alliance of some of the world’s largest oil producers signaled further cooperation to tighten supplies through the end of the year. Futures added as much as 1.4 percent in New York after advancing 4.2...


Business

JPMorgan Says Inflation, Rising Wages Actually Good for Stocks

(c) 2018, Bloomberg. Investors rattled by the recent bout of equity selling take heart: the fears about rising inflation and wage growth crimping corporate profits are way overblown, according to JPMorgan Securities Plc strategists. Mislav Matejka, global equity strategist with the firm, argues it...


Business

Hedge funds turn short on tech just as stock rally takes off

(c) 2018, Bloomberg. A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, according to weekly data compiled by the Commodity Futures Trading...


World

'A nightmare': Banker tells tale of Latvian corruption

Europe Latvia Corruption

LONDON (AP) — Latvia’s top banking official explained the “rules of the game” for successful banking in the small European country. His sidekick sat the owner of Norvik bank down, scribbling the sum on a piece of paper: 100,000 euros ($125,000) a month. An international complaint filed by Latvian...


State

Turmoil shakes up agency in charge of vast US lands

Interior Department-Tumultuous Year

BILLINGS, Mont. (AP) — A year of upheaval at the U.S. Interior Department has seen dozens of senior staff members reassigned and key leadership positions left unfilled, rules considered burdensome to industry shelved, and a sweeping reorganization proposed for its 70,000 employees. The evolving...


Local

By the time it's built out, BDO employee population will grow by 70 percent

BZ 031815 BDO 04-3

By the time the Business Depot Ogden is built out — a milestone officials say should occur within the next 15 years — the number of employees working at the business park will grow by about 70 percent.


Business

Cities pitching diversity in efforts to lure businesses

Cities Selling Diversity

Some cities and regions are highlighting racial diversity along with positive business climates, competitive tax rates and available land in pitches to lure tech companies and high-paying jobs to town. Places such as Pittsburgh, Philadelphia and Detroit are touting their populations of people of...


Business

'Black Panther' blows away box office with $192M weekend

Film Box Office

NEW YORK (AP) — A wave of feverish anticipation, fawning critical acclaim and groundbreaking cultural meaning pushed “Black Panther” to a record-setting $192 million debut in U.S. and Canada theaters, firmly establishing the superhero sensation as a box-office landmark. The Marvel film from the...


Business

Dealmaking accelerates as federal contractors jockey for spending

(c) 2018, The Washington Post. For the first time in a while, investors are betting big on “big government.” The federal services market has experienced a jolt of dealmaking activity in recent months as companies position themselves to capture new government spending, breathing life into a sector...


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