Financial

Bristol-Myers takes $1.8 billion charge on hepatitis C drug

SAN FRANCISCO - Bristol-Myers Squibb Co. has abandoned an experimental hepatitis C pill it bought for $2.5 billion earlier this year after one patient died and others were hospitalized while taking the drug in a study.

Bristol-Myers will take a charge of $1.8 billion in the third quarter related to research and development of the therapy, the New York-based company said in a regulatory filing Friday. The drugmaker suspended testing the medicine, known as BMS-986094, on Aug. 1 after a patient developed heart failure.

Davis County homeowners to save a dollar a year from refinancing of bonds

FARMINGTON -- It's kind of like a rebate -- about enough to buy one item on a fast-food dollar menu.

Syracuse recognized for financial report

SYRACUSE -- Syracuse City has been awarded the Certificate of Achievement for Excellence in Financial Reporting by a nationally recognized government association.

Lt. Gov. Greg Bell discusses illegals, housing and gasoline prices

I enjoyed hearing Lt. Gov. Greg Bell talk last week to a Bank of Utah gathering about Utah’s improving economy. Because there’s always more in such a talk than can fit into a news story, I thought I’d ponder a few leftovers:

• Someone asked if illegal immigration is costing Utah taxpayers a lot of money for schools. It is illegal for schools to ask for a child’s documentation, Bell said, adding that illegals are only about 4 percent of Utah’s population.

Republican presidential candidate, former Massachusetts Gov. Mitt Romney campaigns at Pancakes Eggcetera, Friday, March 16, 2012, in Rosemont, Ill. (AP Photo/Robert Ray)

Romney campaign shows financial strains

SAN JUAN, Puerto Rico — The long and increasingly messy Republican presidential contest is starting to hit Mitt Romney where it hurts most: his wallet.

Orrin Hatch

Hatch, Bishop announce state's plan to take over federal publc lands

SALT LAKE CITY -- Sen. Orrin Hatch and Congressman Rob Bishop, along with state and education leaders, announced the state's plan to take over federal public lands in Utah.

City council wants to keep closer eye on Kaysville City Power

KAYSVILLE -- The city council wants to keep a closer eye on the finances of Kaysville City Power.

Weber School Board presents $65 million bond proposal to voters

OGDEN -- The Weber School Board will ask voters to approve a $65 million bond to build five new schools and update two existing buildings.

North Davis Sewer District refinances bond

SYRACUSE -- A timely decision will save the North Davis Sewer District millions of dollars.

A cinema burns in Athens, Sunday, Feb. 12, 2012. Riots engulfed central Athens and at least 10 buildings went up in flames in mass protests late Sunday as lawmakers prepared for a historic parliamentary vote on harsh austerity measures demanded to keep the country solvent and within the eurozone. (AP Photo/Kostas Tsironis)

Greece surveys riot damage after austerity vote

ATHENS, Greece -- Firefighters doused smoldering buildings and cleanup crews swept rubble from the streets of central Athens on Monday following a night of rioting during which lawmakers approved harsh new austerity measures demanded by bailout creditors to save the nation from bankruptcy.

Protesters pass by a burning cinema in Athens, Sunday, Feb. 12, 2012. Riots engulfed central Athens and at least 10 buildings went up in flames in mass protests late Sunday as lawmakers prepared for a historic parliamentary vote on harsh austerity measures demanded to keep the country solvent and within the eurozone. (AP Photo/Kostas Tsironis)

Riots rage in Greece

ATHENS, Greece -- Greece's Parliament passed an austerity and debt-relief bill on Monday as rioters in Athens looted shops and set buildings on fire.

Bountiful readies its 2012-13 budget early

BOUNTIFUL -- City leaders are putting the final touches on a budget for the next fiscal year early.

Campaign finance ordinance revised

CENTERVILLE -- Issues with the filing of campaign finance statements in the last election has prompted city officials to revise its ordinance.

Clinton audit comes up clean

CLINTON -- The city is financially healthy and well-managed, according to an audit report by Ryan Child of Wood, Richards & Associates.

Fund doesn't cover storm costs

BOUNTIFUL -- The bills from a violent wind storm that blew through this community Dec. 1 continue to mount.

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