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WASHINGTON -- The U.S. economy shed jobs at a faster pace in June than in May, suggesting that the turnaround in the economy may take longer than expected. Nonfarm payrolls shrank by 467,000 in June, higher than the 325,000 decline expected by economists surveyed by MarketWatch and the 322,000 jobs lost in May.
Views: 96 | Fri, Jul 3 2009• business headlines
Increased June job loss suggests economic turnaround may take longer than thought
WASHINGTON -- The U.S. economy shed jobs at a faster pace in June than in May, suggesting that the turnaround in the economy may take longer than expected. Nonfarm payrolls shrank by 467,000 in June, higher than the 325,000 decline expected by economists surveyed by MarketWatch and the 322,000 jobs lost in May.
Fourth of July travel preview / West is ready to hit the road
A poor economy and rising gas prices may inhibit holiday travel across most of the country, but not in Utah. Research from the American Automobile Association found the Mountain West region is the only area of the country expecting an increase in the number of people expected to travel over the July Fourth holiday weekend.
Rocky Mountain Power asks for $67 million rate increase
SALT LAKE CITY -- Rocky Mountain Power has notified state regulators that it wants to increase its electricity rates by $67 million beginning in February 2010.
Utah bar crawl to mark end of liquor restrictions
SALT LAKE CITY -- Bartenders in Utah threw open their doors Wednesday as the state ditched a 40-year-old requirement that customers fill out an application, pay a fee and become a member of a private club before setting foot in a bar.
Tart cherry crop expected to jump about a third
WAUSAU, Wis. -- What a difference a year makes for growing cherries. After an almost total crop loss last year, Wisconsin -- one of the nation's largest tart cherry growers -- is expected to produce more than 8 million pounds of cherries this year.
Not space junk yet, Mars rovers carry on despite age
WASHINGTON -- In one of the most remarkable engineering feats of our time, the aging Mars rovers Spirit and Opportunity are still taking orders and sending home pictures more than five years after they were supposed to turn into slabs of space junk.Opportunity is still rolling along, but Spirit is hung up on a rock and may be reaching the end of its travels. The rovers' masters at NASA's Jet Propulsion Laboratory in Pasadena, Calif., hope they can nurse either or both of them through another harsh Martian winter.
Ares-Orion development to be part of NASA review
As NASA prepares to return to the moon, the head of a panel asked by President Obama to review the space agency's future said Friday that he plans to call upon the expertise of the astronaut and engineering community in coming up with recommendations about whether it is on the right track."We're going to take a fresh look and go where the facts are," said Norman Augustine, who will head up the 10-member panel. Augustine, the former chief executive of one of NASA's biggest contractors, Lockheed Martin Corp., said the panel's meetings will be open to the public. The White House asked for its final report by August.
Recalled meat reaches Utah stores
A relatively small amount of meat subject to a recent recall apparently made it to Utah, grocery officials said Friday.JBS Swift Beef Co., of Greeley, Colo., on Wednesday recalled 41,000 pounds of its beef products due to possible E. coli contamination."About 50 pounds of the Swift product was distributed with the 16,000 pounds of meat we shipped out that week," said Marsha L. Gilford, vice president of public affairs with Smith's Food & Drug Stores.
Big hats off / Maj. Gen. Kathleen Close receives community leader award.
OGDEN -- The first female commander of the Ogden Air Logistics Center at Hill Air Force Base is the newest inductee into a 60-year-old tradition of recognizing exceptional community leaders.
Roy working for businesses / Council hoping to move quickly on new ordinances, rewrites
ROY -- The mayor and city council are working to bring business into Roy and clean up the businesses already there.
JBS Swift recalls 41,000 pounds of beef
GREELEY, Colo. -- JBS Swift Beef Co. of Greeley has recalled about 41,000 of its beef products because of possible E. coli contamination.
Davis leader dies / Rowe owned New England Submarine Sandwiches
CLEARFIELD -- The small-business community has lost an ally and a watchdog of city government.
Ogden clinic expands / Now seeing patients in Roy
ROY -- Residents can now enjoy a new Ogden Clinic almost double in size and closer to home.
Pipeline to move in Roy
ROY -- Chevron will be moving its pipeline that runs through Roy so it will be adjacent to commuter rail. At a recent city council meeting, a conditional-use permit for the relocation was granted.
Teens find work in stimulus package
COMMERCE CITY, Colo. -- You know the economy's bad when teens can't get summer jobs at fast-food restaurants or movie theaters.
Madoff lawyer seeks 12-year sentence for client
NEW YORK -- Bernard Madoff's lawyer has told a judge scheduled to sentence the disgraced financier next week that 12 years in prison will be sufficient punishment for the man who swindled tens of billions of investor's dollars in one of history's biggest frauds.
Energy Dept. to lend $8B to Ford, Nissan, Tesla
DEARBORN, Mich. -- The Energy Department said Tuesday it would lend $5.9 billion to Ford Motor Co. and provide about $2.1 billion in loans to Nissan Motor Co. and Tesla Motors Inc., making the three automakers the first beneficiaries of a $25 billion fund to develop fuel-efficient vehicles.
MySpace to cut 300 international positions
LOS ANGELES -- Social-networking site MySpace said Tuesday that it will cut 300 international positions and close at least four offices outside the U.S. as it looks to cut costs and narrow its territory coverage.
Boeing again delays initial 787 test flight
Boeing Co. said Tuesday it has again delayed the first test flight of its long-awaited 787 jetliner, citing a need to reinforce part of the aircraft.
Stocks waver as investors await Fed statement
NEW YORK -- A rise in existing home sales couldn't stoke the stock market ahead of the Federal Reserve's decision on interest rates.
Redbox vs. Netflix
BELLEVUE, Wash. -- With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix CEO Reed Hastings still has something to worry about: an even cheaper DVD rental service run by one of his former lieutenants.
W. Bountiful considers new blended-use zone
WEST BOUNTIFUL -- A recent proposal to add a blended-use zone to city ordinances was the subject of debate at a recent city council meeting.
The last supper / Eatery popular for prom dates, anniversaries, engagements closes after 45 years in Ogden
OGDEN -- A dining institution in the city for 45 years has closed its doors for good after it was unable to obtain financing to build a new restaurant.
Utah jobless numbers slowing
OGDEN -- The trends of accelerated job losses and rising unemployment in Utah continued in May, new figures show, but a leading state economist says there are signs of improvement ahead.
Utah's 2008-09 ski season takes fourth
OGDEN -- Utah's five-year streak of record-breaking ski seasons is over, but the most recent season was still the fourth-best on record, according to figures released Wednesday.
Utah unemployment rate at 5.4 percent in May
SALT LAKE CITY -- New figures from the U.S. Bureau of Labor Statistics say Utah's unemployment rate rose slightly in May to 5.4 percent, up from 5.2 percent in March and April.
Wal-Mart reaches for new look, feel / Perry, Layton, Clinton, Riverdale add lower shelves, bright colors
PERRY -- After 12 weeks, the local Wal-Mart is showing off its new look.
Microsoft to bring 100 jobs to Utah
LEHI -- Microsoft Corp. has announced that it plans to bring around 100 jobs to Utah and rent an office building at Thanksgiving Point in Lehi for a software development operation.
Wind developers eye northeastern Utah
SALT LAKE CITY -- A closely held company is snapping up rights to thousands of acres of private land for a wind farm near Manila in northeastern Utah, promising royalties to the local ranchers.
Report: Sundance had $92.1 million economic impact
SALT LAKE CITY -- A University of Utah report says the 2009 Sundance Film Festival had an economic impact of $92.1 million and supported nearly 2,000 jobs.
Skier visits to Utah down 6.5 percent this year
SALT LAKE CITY -- There were 3.9 million visits to Utah's ski slopes in the past winter, a 6.5 percent decline from the record 4.2 million visits the year before.
P&G's new CEO expected to focus on overseas markets and lower-tier products
CINCINNATI -- Procter & Gamble Co., its sales down and growth below targets during the global recession, faces its biggest challenges under new leadership since A.G. Lafley took over as CEO nine years ago.
Avon, Mary Kay direct sales numbers benefit from need for second income
NASHVILLE, Tenn. -- Armies of new Avon ladies, Mary Kay reps and Tupperware sellers are advancing on living rooms across the country, their ranks full of professionals forced to take a second job amid the recession.
The time has come / Many U.S. TVs will go blank today; transition to digital moves forward
SAN JOSE, Calif. -- When broadcasters turn off their old analog transmissions today, millions of Americans will lose access to television signals.
New P&G leader to streamline, seek growth overseas
CINCINNATI -- New Procter & Gamble Co. chief Bob McDonald sees a brighter future for the 172-year-old company through selling more diapers, detergent and shampoo in places like India and Africa.
Billboard battle in council's hands
WEST BOUNTIFUL -- The planning commission's recent rejection of two billboard building permit requests is under appeal by the applicants.
Dodge deal done / Hinckley dealership now in it for used cars
OGDEN -- The inventory of new vehicles is nearly gone at what was commonly considered the oldest continuously operating Dodge dealership in the world.
Ogden Retail Challenge 2 begins
OGDEN -- For the second year in a row, the city will pay out $20,000 for the three best business plans for new retail establishments downtown.
New scoops
HARRISVILLE -- When Eric Dahlin moved to Ogden from California about a year ago, he saw a place with a lot of potential -- and an unfilled niche.
Haphazard rezoning proves problematic
MORGAN -- Recent staffing changes and reductions in the planning and development services department have led to a lengthy and haphazard rezoning process for at least two area developers. Although both staff and Morgan County Council members have vowed to get their ducks back in a row and avoid such delays in the future, there seems to be a new way of looking at development procedures in Morgan County.
'Warm mix' a more environmentally friendly road choice
OGDEN -- A one-block stretch of road downtown became an experimental ground Thursday for a new kind of pavement that's more environmentally friendly, worker-friendly, and may last longer -- all without costing more.
Business, commission face off / Zoning at heart of issue
WEST BOUNTIFUL -- Representatives from a local auto auction operation and the city's planning and zoning commission faced off in a public hearing recently.
The great outdoors / Group: Utah parks a big benefit to local economies
SALT LAKE CITY -- Visitors to national parks such as Arches and Canyonlands pump millions of dollars into local economies and provide a steadying influence in tumultuous times, according to a new analysis released Wednesday.
Incentives: Part $$ / Little evidence that sweet deals to Hollywood help taxpayers
BALTIMORE -- Many states that are cutting spending on schools, roads and other basics have been lavishing hundreds of millions of dollars in incentives on Hollywood studios to lure TV and movie productions -- this, despite scant evidence that taxpayers come out ahead on such deals.
Falcon Hill details take shape
KAYSVILLE -- With construction expected to begin on the Falcon Hill Research Park sometime this month, officials have revealed details of how land on the project will likely be used.
Autoliv keeps eye on GM
OGDEN -- The Top of Utah's largest supplier to General Motors Corp. says it will be keeping a close eye on the world's largest automaker as it moves through the bankruptcy process, but doesn't expect Monday's filing by GM to have a major impact on its 4,000 local employees.
Tagging / Some ranchers like radio I.D. tags on cattle; most resist making it mandatory
CORINNE -- Take a drive with John Ferry on his 12,000 acre ranch and feed yard to see his 800 cows and he can tell you which calf belongs to which cow.
Indian reservation invites tourists back, mentions immense change due to floods
FLAGSTAFF, Ariz. -- An American Indian reservation deep in the Grand Canyon has long been known for its towering blue-green waterfalls, but returning tourists will be greeted by an altered landscape.
Grocery store opens in Terrace
WASHINGTON TERRACE -- The first grocery store in decades in this growing city hopes to attract customers with a combination of competitive prices on staple foods and gourmet meals prepared on-site.
More Utah homes still for sale, for less
OGDEN -- In the up-and-down trends of the real estate market, Utah typically lags behind the nation as a whole, and the current situation is no different.
