Business

Yahoo takes big leap with $1.1B deal for Tumblr

Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. Read more »

May 20, 2013

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Airport TRAX ridership remains strong weeks after official opening

The number of people using the Utah Transit Authority’s newest light-rail extension to Salt Lake City International Airport has held steady since it began taking passengers last month. Read more »

May 19, 2013

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Writers offer personal finance advice to Obama

With the release of President Obama’s financial disclosures on May 15, the nation got a glimpse of the president’s money life. Read more »

May 18, 2013

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Utah added 43,000 more jobs in April 2013 compared to April 2012

The Utah Department of Workforce Services reported Friday that Utah’s employment rate for April 2013 grew by an estimated 3.5 percent, adding 43,100 jobs to the economy compared to April 2012. Read more »

May 18, 2013

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Buybacks are a big factor behind stock market boom

Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. economy may be strengthening, central banks flooding... Read more »

May 18, 2013

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Congress gets mixed advice on regulating drones

The growing use of unmanned surveillance "eyes in the sky" aircraft raises a thicket of privacy concerns, but Congress is getting mixed advice on what, if anything, to do about it. Read more »

May 18, 2013

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Former middle-class moms choose new identity label: 'Hard-working class'

Of women from households bringing in less than $50,000 per year, 77 percent no longer identify with the middle class, according to a recently released consumer study. Read more »

May 18, 2013

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IRS probe ignored most influential groups on right and left, targeted 'the little guy'

There's an irony in the Internal Revenue Service's crackdown on conservative groups. Read more »

May 18, 2013

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A year after IPO, Facebook aims to be ad colossus

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. Read more »

May 17, 2013

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Pew survey questions Gen X, baby boomer savings; uncertain retirements await?

A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the... Read more »

May 17, 2013

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CBO: Obama budget cuts deficits $1.1T by 2023

President Barack Obama's budget would trim projected federal deficits by $1.1 trillion over the coming decade, using nearly $6 in higher revenues for every $1 in reduced spending to achieve it,... Read more »

May 17, 2013

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Report: Yahoo nearing $1.1B acquisition of Tumblr

Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website... Read more »

May 17, 2013

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Falling yen to make Japan's goods more affordable

Attention, bargain-hunters around the world: Japanese goods — from cars to televisions — are going on sale. Read more »

May 17, 2013

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Obama: 'Our focus cannot drift' from jobs, economy

Trying to reset the agenda amid scandal in Washington, President Barack Obama turned his attention Friday to the economy and said lawmakers should spend every day resolute on how to help it grow... Read more »

May 17, 2013

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New NFL initiative aimed toward involving women

From pink baseball bats, cleats and wristbands on Mother's Day to pink caps, gloves and even penalty flags throughout October, professional sports organizations have recognized women for years by... Read more »

May 17, 2013

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Gauge of US economy's future health up in April

A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. Read more »

May 17, 2013

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Unemployment falls in 40 US states, rises in 3

Solid hiring helped push down unemployment rates in 40 U.S. states last month, the most since November. The declines show job markets are improving in most areas of the country. Read more »

May 17, 2013

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Obama focusing on job creation in Baltimore visit

President Barack Obama is leaving behind scandal-focused Washington to focus on the country's slowly improving jobs picture. Read more »

May 17, 2013

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West Davis Corridor project unveiled amid criticism

The Utah Department of Transportation has completed the environment study for the controversial West Davis Corridor project. On Thursday, the agency released the Environmental Impact Study for a... Read more »

May 17, 2013

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Tea party tax returns show small budgets, rare displays of overtly partisan activities

Dozens of tea party groups and other conservative organizations of the kind subjected to improper scrutiny by the Internal Revenue Service operated with small budgets and rarely displayed overt... Read more »

May 17, 2013

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Senior budget official picked to run troubled IRS

President Barack Obama picked a senior White House budget official to become the acting head of the Internal Revenue Service on Thursday, the same day another top official announced plans to leave the agency amid the controversy over... Read more »

May 16, 2013

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Wal-Mart's 1Q profit, sales disappoint

The world's largest retailer reported Thursday that its first-quarter profit edged up just slightly, and the company struggled with a sales slump in its namesake business during the three-month... Read more »

May 16, 2013

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New rules for fracking companies

Companies that drill for oil and natural gas on federal lands will be required to disclose publicly the chemicals used in hydraulic fracturing operations, the Obama administration said Thursday.... Read more »

May 16, 2013

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Congress divided over domestic food aid

The House and Senate Agriculture Committees have laid the groundwork this week for reducing the size of the federal food stamp program, approving farm bills that would shrink the food aid and alter... Read more »

May 16, 2013

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Is the Wii U already becoming outdated?

Some next-gen graphics engines will not support Nintendo's struggling Wii U, according to developers at this year's GDC. Is the brand new console already being outpaced by its competitors? Read more »

May 16, 2013

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