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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
Older stories can be found in the story archives
Mistake or miracle: New evidence on the effects of microcredit
For nearly ten years microfinance, the practice of making small loans to poor people to start businesses, has been lauded as a silver bullet for eradicating poverty in the developing world. Read more »
Utah ranks No. 1 for economic outlook for sixth year in a row
For the sixth year in a row, Utah's economic outlook ranks No. 1 in the nation. Read more »
Can't catch a break: America lags behind on paid vacations
According to a report by the Center for Economic and Policy Research, the average worker in the private sector in the United States receives about 10 days of paid vacation and six paid holidays per... Read more »
Low US energy prices make Euro leaders see green
EU leaders met in Brussels this week to discuss energy policy, and the chart that had everyone buzzing had three jagged lines. It showed EU electricity prices since 2005 skyrocketing, while Japan's... Read more »
Classically trained chef opens diner in Uintah County's oilfield
Signs are common in the oilfields of the Uintah Basin. Some point the way to drilling rigs or natural gas compressor stations. Others warn about the potential presence of hydrogen sulfide gas. A... Read more »
Delta ups ante in battle for N.Y.
Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like following. Read more »
US companies challenging contraception mandate
Hobby Lobby Stores Inc. is challenging the part of the federal health care law that requires for-profit companies to offer employees health coverage that includes products the business owners find... Read more »
UDOT to install new drainage system in Parleys Canyon
At the mouth of Parleys Canyon on I-80, UDOT will replace a two-mile section of massive metal pipe 8 feet in diameter that carries Parleys Creek under the interstate. The old pipe is failing, UDOT... Read more »
Kennecott lays off roughly 100 workers Thursday
Kennecott Utah Copper laid off an unspecified number of employees Thursday as a result of a massive landslide that crippled the mine last month. Read more »
S.L. draws up airport plans
Mountain views, faster takeoffs and workout equipment are a few things Salt Lake City officials are considering as they draw up plans for a nearly $2 billion remake of the city's airport. Read more »
Couples registry gets preliminary nod from Salt Lake County Council
The Salt Lake County Council gave preliminary approval to the creation of a mutual commitment registry, which would grant official recognition to unmarried and committed partnerships. Read more »
Salt Lake County hires new economic development director
Salt Lake County Mayor Ben McAdams has announced the hiring of Christina Oliver as the county’s next economic development director. Oliver replaces Dale Carpenter, who recently retired. Read more »
Republican student loan bill passes US House
A republican proposal to tie interest rates on students loans to the governments cost of borrowing passed the U.S. House of Representatives but faces opposition in the Senate. Read more »
XanGo seeks ouster of co-founder in new lawsuit
A XanGo co-founder who sued his partners last week is now the subject of a lawsuit seeking his ouster from the company. Read more »
'Mantiques' could be a ticket to more cash
With warmer weather comes de-junking, de-cluttering, and spring-cleaning. Monica Zoltanski, owner of the Capital City Antique Mall said now is the time to cash in on your “mantiques.” Read more »
The future of food? 3D printing moves beyond guns and artwork
The new world of 3D printing is on its way to revolutionizing personal weapons after the successful test of the first entirely 3D printed gun in early May, but mechanical engineer Anjan Contractor... Read more »
Some unions angry about health care law
Some labor unions that enthusiastically backed President Barack Obama's health care overhaul are now frustrated and angry, fearful it will jeopardize benefits for millions of members. Read more »
Stocks barely budge; market ends week with loss
Major stock indexes closed out their first weekly loss in a month in quiet trading Friday. Read more »
AIG CEO tells college graduates facing economic uncertainty: 'Don’t cry about it. Deal with it.'
Robert Benmosche, CEO of AIG, advised college graduates to accept the hand they have been dealt in life and accept any job opportunity that comes their way, even as employment prospects for recent... Read more »
Models receiving coveted H-1B visas
Fashion models are included in the H-1B visa category, which is leaving fewer of these visas for the highly educated and skilled workers who make up the majority of applicants and H-1B visa... Read more »
Tesoro to buy Chevron pipeline near Willard Bay for reduced price
Tesoro has announced it is buying the Chevron pipeline for reduced price of $355 million — down from $400 million — a discount due to the March 18 leak of diesel fuel near Willard Bay. Read more »
Summer travel forecast: Better but no record-breaker
This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds. Read more »
US durable goods orders rise 3.3 percent in April
U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this... Read more »
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 »
Obama threatens veto of Republican student loan plan
President Barack Obama is threatening to veto House Republicans' student loan bill. Read more »
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