Business

Business

Las Vegas millionaire plans to build orbiting space station for the moon

(c) 2017, The Washington Post. The moon - that cold, gray outpost that NASA last visited 45 years ago - is hot again. The vice president says so. So do Elon Musk and Jeffrey P. Bezos. And as the Trump administration sets its sights on the lunar surface, a growing number of companies say they are...


Business

Gulf of Mexico oil spill may be largest since BP disaster

(c) 2017, Bloomberg. An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP’s Macondo well that sank the Deepwater Horizon rig and killed 11 people. LLOG Exploration reported about 7,950 to 9,350 barrels of oil were released Oct. 11 to Oct. 12 from...


Business

Facebook acquires TBH, an anonymous teen compliment app

(c) 2017, The Washington Post. TBH, a mobile app that lets high school and college students compliment one another anonymously has been acquired by Facebook, the company announced Monday. The app, which is available on iOS devices, has been around only since August, in some states, but its...


Business

GM president dismisses hype about $30 billion tech-unit spinoff

(c) 2017, Bloomberg. General Motors shot down speculation that it’ll spin off its business units working on self-driving vehicles and car-sharing, which one analyst has estimated could be worth as much as $30 billion. “All of our focus right now is on moving as fast as we can to get to commercial...


Business

Trump says his Fed chair pick will be one of five already named

(c) 2017, Bloomberg. President Donald Trump said he plans to choose from among five finalists to be the next Federal Reserve Chairman and will make his decision soon. Trump is working with a shortlist of five names to lead the central bank: former Fed Governor Kevin Warsh, Stanford University...


Business

Key takeaways from Wall Street's third-quarter earnings

(c) 2017, Bloomberg. As earnings season for the biggest banks drew to a close, Morgan Stanley and Goldman Sachs joined other major U.S. lenders in showing the advantages and drawbacks of calm markets. Like JPMorgan Chase and Citigroup, the firms that reported Tuesday showed a decline in fixed-...


Business

Goldman's equity investments lift profit as trading slumps

(c) 2017, Bloomberg. Rising stock markets have been kind to Goldman Sachs, but investors aren’t giving the firm much credit for that. Gains from investing in other companies rose 51 percent in the third quarter to the highest in almost four years as share indexes touched records. While Goldman...


Business

FCC chair on Trump's NBC tweet: 'I believe in the First Amendment'

(c) 2017, The Washington Post. WASHINGTON - The Federal Communications Commission doesn’t have the power to revoke any NBC station’s broadcast license over the content it produces, FCC Chairman Ajit Pai said Tuesday, putting a damper on recent suggestions by President Donald Trump that NBC should...


Business

Gulf of Mexico oil spill may be largest since BP disaster

(c) 2017, Bloomberg. An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP’s Macondo well that sank the Deepwater Horizon rig and killed 11 people. The Delta House floating production facility about 40 miles (64 kilometers) southeast of Venice,...


Local

New Dollar General store opens its doors on Washington Boulevard in Ogden

Dollar General sign WEB ONLY

Dollar General, located at 3161 Washington Blvd., will celebrate its grand opening at 8 a.m. Oct. 21 with free prizes and special deals.


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