Business

Stocks slide at the open as Greek deal is held up

NEW YORK -- U.S. stocks are opening lower after Greece's bailout deal was put on hold, a day after it seemed that the country had pacified its creditors.

The 10 worst cars ever sold in America

Americans are buying cars at the fastest pace in years and automakers are bringing out new vehicles that get rave reviews for safety and fuel economy.

Some analysts say the post-recession period may represent a new age for the industry, and that's made us a touch nostalgic for the days when the Detroit Three made more cars than they could sell and overseas companies thought American consumers were suckers for anything with a European name and styling.

In that vein, the Los Angeles Times asked the editors at auto information company Edmunds.com to put together a list of the 10 worst cars ever sold in America. The Times also asked David Champion, senior director of Consumer Reports' automotive test center, to weigh in. And then we gave our online readers a chance to vote on a vehicle to add to the worst 10 list. That vehicle replaces a 1917 Chevrolet that only the folks at Edmunds seem to remember.

ASHLEY FRANSCELL/Special to the Standard-Examiner
Wax molds are filled Wednesday at Candle Warmers Etc. in Woods Cross. The company sells hand-poured wicked and wickless candles under the “Jamie Clair” brand.

Candle Warmers' growth started with unexpected gift

WOODS CROSS -- When Bart Kennington received a mug warmer as a gift nearly 12 years ago, he was a little bit confused.

Digital biz: Word of mouth is your best friend and your worst enemy

In the world of marketing, word of mouth is still king.

It can make or break your business. This is especially true with the advent of social media sites like Facebook and Twitter, where people can instantly share their thoughts and feelings with hundreds and sometimes thousands of friends.

Oil and gas drilling recovers, but state collects little tax

A new report says Utah's oil and gas drilling activity has made a strong recovery since hitting a recession-induced low in 2009, but the state isn't collecting enough tax from the industry.

The report was prepared by Headwaters Economics, a nonprofit, independent research group based in Montana that aims to improve community development and land-management decisions in the West.

According to the report, natural gas production in Utah is at pre¬­-recession highs, and oil production in the state is at its highest point in 20 years.

Cruise ships banned from releasing sewage along Calif. coast

LOS ANGELES -- Cruise ships and large commercial vessels will be barred from releasing sewage within three miles of the California coast under a rule signed Thursday by the U.S. Environmental Protection Agency.

Music industry lauds Utah anti-piracy efforts

SALT LAKE CITY -- The Recording Industry Association of America is honoring Utah's aggressive campaign to stop music piracy.

Federal officials say Union Pacific Railroad has agreed to a $1.5 million settlement involving alleged oil and coal spills in Colorado, Wyoming and Utah.

Union Pacific will pay $1.5M for spills in Utah, other states

DENVER -- Federal officials say Union Pacific Railroad has agreed to a $1.5 million settlement involving alleged oil and coal spills in Colorado, Wyoming and Utah.

Utah takes $171M in national mortgage settlement

SALT LAKE CITY — The money Utah will receive from a national settlement with big mortgage lenders might not be enough to pay every homeowner entitled to receive a share, state lawyers said Thursday.

Bryce Canyon National Park Superintendent Jeff Bradybaugh looks out at the hoodoos of Bryce. The battle over a proposed coal mine expansion on the edge of the park reflects the politics of coal. (Kate Linthicum/Los Angeles Times/MCT)

Proposed Utah mine expansion reflects the politics of coal

PANGUITCH -- It was the simple beauty of the sagebrush hills and the first-rate fishing that drew Vince Salvato here 15 years ago. "All I wanted was a quiet, pristine place with clean air," he said, sipping sarsaparilla inside Bronco Bobbi's curio shop in this tiny town in southern Utah. "That's why I came here."

But the tranquility has been broken by the day-and-night rumble of trucks ferrying coal from a strip mine near Bryce Canyon National Park to a power plant three hours to the north.

The gritty fuel helps satisfy the huge appetite for power more than 500 miles away in Los Angeles. But it is now stoking controversy at both ends of the transmission lines over energy policy, environmental damage and how much consumers should pay to kick the coal habit.

Workers are dwarfed by the lower third of the power tower structure under construction at BrightSource Energy's Ivanpah solar power plant site in the Mojave Desert near the Nevada state line, August 30, 2011. When completed, the project will utilize a 3,500 acre footprint with three power towers, each standing some 450-feet tall encircled by a field of more than 175,00 mirrors, reflecting the power of sunlight to heat the steam generators. (Mark Boster/Los Angeles Times/MCT)

Sacrificing the desert for solar energy

IVANPAH VALLEY, Calif. -- Construction cranes rise like storks 40 stories above the Mojave Desert. In their midst, the "power tower" emerges, wrapped in scaffolding and looking like a multistage rocket.

Clustered nearby are hangar-sized assembly buildings, looming berms of sand and a chain mail of fencing that will enclose more than 3,500 acres of public land. Moorings for 173,500 mirrors -- each the size of a garage door -- are spiked into the desert floor. Before the end of the year, they will become six square miles of gleaming reflectors, sweeping from Interstate 15 to the Clark Mountains along California's eastern border.

BrightSource Energy's Ivanpah solar power project will soon be a humming city with 24-hour lighting, a wastewater processing facility and a gas-fired power plant. To make room, BrightSource has mowed down a swath of desert plants, displaced dozens of animal species and relocated scores of imperiled desert tortoises, a move that some experts say could kill up to a third of them.

Former Governor Jon Huntsman Jr. talks about the economy during an interview at the Standard-Examiner office in Ogden. (2008) (ROBERT JOHNSON/Standard-Exami...

Huntsman named a Ford company director

DETROIT -- Two top Ford executives who helped lead the company's comeback from financial disaster are retiring.

Lewis Booth, chief financial officer, and Derrick Kuzak, product development chief, will retire on April 1. Both were once leading candidates to replace CEO Alan Mulally, 66, who said Thursday he has no plans to retire.

Also Thursday, Ford's board appointed former Republican presidential candidate Jon Huntsman Jr. as a company director.

In this Jan. 5, 2012 photo, a Kodak Easyshare digital camera is displayed at B&H Photo & Video, in New York. Eastman Kodak Co. said Thursday, Feb. 9, 2012, it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on its more profitable businesses. (AP Photo/Mark Lennihan)

Kodak to stop making cameras

ROCHESTER, N.Y. -- Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago.

Traders prepare for the day before the opening bell on the floor of the New York Stock Exchange Thursday, Feb. 9, 2012. U.S. stocks opened higher Thursday after Greek leaders agreed to cost-cutting measures that should prevent the country from defaulting on its debt next month. Stocks fell later in the morning. (AP Photo/Craig Ruttle)

Stock rise as Greek leaders agree to cuts

NEW YORK -- U.S. stocks are opening higher, after Greek leaders agreed to cost-cutting measures aimed at preventing the country from defaulting on its debt next month.

In this Jan. 12, 2012 photo, people wait in line to enter a job fair employer hiring event for Safeway, in Portland, Ore. (AP Photo/Rick Bowmer)

Study shows economy toughest on young adults

As the nation climbs slowly out of the Great Recession, young adults appear to be having the toughest time of any age group gaining a foothold in the recovering economy. Those difficulties, in turn, are shaping their decisions about careers, schooling, marriage and parenthood, according to a new report.

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