Business

Sheet going over area furniture stores

OGDEN — Two large and reasonably priced furniture providers will close their doors as Knight’s Mattress & Furniture and Crown Elite Bedrooms enter their final weeks in business. Both stores are scheduled to close Tuesday.

Holiday travel increases price of gasoline

OGDEN — With Memorial Day approaching, gas prices have increased a nickle from last month.

Clean up crews try to stop the flow of diesel fuel in Willard Bay State Park in March after a Chevron pipeline leaked. (Standard-Examiner file photo)

Chevron sells pipeline that leaked into Willard Bay

OGDEN — It appears the March 18 diesel fuel spill near Willard Bay will not result in the loss of life to six rescued beavers.

But the cost to Chevron in its sale of the pipeline that leaked appears to be $45 million.

Tesoro Logistics LP said Monday it will acquire Chevron Pipe Line Co.’s northwest products system for less than previously expected, citing the March diesel fuel spill involving the system. Tesoro said it now plans to pay $355 million, down from its originally planned $400 million.

Fireworks company pops in BDO

OGDEN — Citizens in Ogden and Farr West were treated to firework shows Friday and Saturday night from a company hoping to dazzle night skies in the area for years to come.

Problems with IRS? Be mindful of furlough days

The Internal Revenue Service will be closed on the following days: May 24, June 14, July 4, July 22, and Aug. 30. This will include the shutdown of all toll-free hotlines, the taxpayer advocate service and nearly 400 of the agency’s taxpayer assistance centers nationwide. These closures mean that if you are working to resolve problems with the IRS, keep these dates in mind when submitting paperwork. No tax returns will be processed and compliance-related activities will not take place. The IRS will not be able to acknowledge receipt of any e-filed returns on any of these furlough dates.

Business start-up seminar offered

ROY — Weber State’s Small Business Development Center on Tuesday will offer a Start Smart business start-up seminar.

SLC drawing up plans for $2 billion airport makeover by 2024

SALT LAKE CITY -- Salt Lake City officials are drawing up plans for a $2 billion total remake of the city's airport.

Rep. Brad Wilson, R-Kaysville

Governor still vetting his nominations for prison relocation committee

SALT LAKE CITY — Gov. Gary Herbert may have to pick up the pace if a proposal to consider potential relocation of the state prison is to meet a legislatively set deadline.

After weeks of debate, state lawmakers approved legislation this year calling for the establishment of a new prison relocation and development authority (PRADA) and for that group to meet by June 15.

The makeup of the board was a sticking point for legislators. The board is to be made up of 11 members, six of whom will be appointed by the governor. To date, the governor has not appointed anyone to the board.

Facebook founder, chairman and CEO Mark Zuckerberg (center) rings the opening bell of the Nasdaq stock market, from Facebook headquarters in Menlo Park, Calif., to celebrate the company’s initial public offer on May 18, 2012. One year later, much has changed at Facebook, including the addition of mobile advertisements, the launch of a search feature and the unveiling of a branded smartphone. (Associated Press file photo)

Facebook aims to be ad colossus

NEW YORK — It was supposed to be our IPO, the people’s public offering.

Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald’s, bigger than Coca-Cola. And it was all made possible by our friendships, photos and family ties.

Then came the IPO, and it flopped. Facebook’s stock finished its first day of trading just 23 cents higher than its $38 IPO price. It hasn’t been that high since.

Pew Charitable Trusts/The Washington Post

Report: Retirees at risk for downward mobility

The retirement prospects of Americans are slipping for the first time in generations, according to a report released Thursday, adding a new voice to those warning that future retirees face the risk of downward mobility when they leave the workforce.

The report by the Pew Charitable Trusts said that Americans born after 1955 are carrying more debt than the generations that came before them, putting them in danger of not having enough savings to maintain their standard of living in retirement.

Bountiful council denies rezone for multi-family housing

BOUNTIFUL — Complaints by neighboring residents convinced the city council to deny a rezone that would have allowed more multi-family housing to be constructed on Orchard Drive.

The council voted 4-1 to deny a bid by Sharm Smoot of Wilson Properties to have .32 acres rezoned from general commercial to RM-19 at 2110 S. Orchard Drive.

Utah unemployment down slightly in April

SALT LAKE CITY — Utah’s unemployment rate improved slightly last month by falling two-tenths of a percent, and Gov. Gary Herbert has declared Utah is free from the recession.

The state’s newest labor statistics show 64,000 people, or 4.7 percent of the workforce, was jobless in April.

Interest payments are a never-sleeping, ever-hungry beast

I sat down and started writing this column at 3:30 a.m. Sleep had escaped me. Maybe it was because I had procrastinated writing and was feeling the pressure of a deadline. Maybe the heavy schedule at work had me a little stressed. Maybe I should avoid caffeine after 7 p.m. Whatever the reason, I was awake in a silent house listening to the one mechanical clock that remains ticking in the silence before dawn. It was very peaceful.

And then I started thinking about my mortgage.

Standard-Examiner file photo

Zions Bank a semifinalist for DoD award

The Employer Support of the Guard and Reserve, an operational committee for the Department of Defense, selected Zions Bank as a semifinalist for the 2013 Secretary of Defense Employer Support Freedom Award.

Zions is one of 138 semifinalists chosen from among 2,899 employers nominated by a National Guard or Reserve employee.

FILE - In this March 18, 2008 file photo, eight co-workers in the Monongalia County Tax Office claim their $276 million Powerball prize in Charleston, W.Va. Work pools for big jackpots are often fraught with controversy, resulting in lawsuits, broken friendships and worse: delayed payouts. (AP Photo/Bob Bird, File)

Know the rules for Powerball office pools

DES MOINES, Iowa — In workplaces across the nation, Americans are inviting their colleagues to chip in $2 for a Powerball ticket and a shared daydream.

The office lottery pool is a way to improve your odds and have a little fun with co-workers. And besides, who wants to be the only person at work the next day when everyone quits?

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