Business

Box Elder tax increment program for biofuels company is on hold

Washakie Renewable Energy expansion

Box Elder County made ready to help a biofuels company’s expansion plans. But four years...

National Business

Mobile carriers cut off flow of location data to brokers

Verizon Wireless Tracking

Verizon, AT&T, Sprint and T-Mobile have pledged to stop providing information on U.S. phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. The data has apparently allowed outside companies to pinpoint the location of...


Business

Fox News Channel faces backlash from Hollywood creators

TV Modern Family Levitan

NEW YORK (AP) — Fox News Channel faces a growing backlash among Hollywood creators that intensified Tuesday following Laura Ingraham’s description of “zero tolerance” detention facilities for children separated from their parents as “essentially summer camps.” “Modern Family” co-creator Steve...


National

Google, Facebook, others speak out against child separation

Immigration Businesses

Some business leaders are condemning the Trump administration’s decision to separate children from parents who are accused of crossing the border illegally, but it’s unclear what impact — if any — they will have. Facebook CEO Mark Zuckerberg said he was donating money to groups that help immigrant...


Business

AP Top Business News at 11:39 p.m. EDT

GE to end more than 100-year run on Dow; Walgreens added Fox News Channel faces backlash from Hollywood creators Mobile carriers cut off flow of location data to brokers After query, Ross shorted stock in Kremlin-tied firm: report South Korean crypto exchange loses $31 million from hack Survey:...


Business

Asian stocks take breather from trade tension; markets mixed

APTOPIX Financial Markets Wall Street-2

SINGAPORE (AP) — Asian markets were mixed on Wednesday as traders sidelined tariffs that the U.S. and China have threatened to impose on one another, focusing on positive housing data instead. KEEPING SCORE: Japan’s benchmark Nikkei 225 index rose less than 0.1 percent to 22,287.42 and South...


Business

After query, Ross shorted stock in Kremlin-tied firm: report

Commerce Secretary Russian Company

WASHINGTON (AP) — Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company. Ross reported on a government...


Business

GE to end more than 100-year run on Dow; Walgreens added

GE-Leaving the Dow

LOS ANGELES (AP) — General Electric will be dropped from the Dow Jones industrial average next week, ending the conglomerate’s more than 100-year run in the 30-company blue chip index. S&P Dow Jones Indices said Tuesday that GE will be removed from the index before the open of trading next Tuesday....


Business

Trump raises risk of economically harmful US-China trade war

Trump

WASHINGTON (AP) — The United States and China edged closer Tuesday to triggering the riskiest trade war in decades, a fight that could weaken the world’s two largest economies, unsettle relations between Beijing and Washington and crimp global growth. The collateral damage could be widespread. If...


Business

The Latest: Trump renews trade criticisms of Mexico, Canada

Trump

WASHINGTON (AP) — The Latest on U.S.-China trade tensions (all times local): 1:30 p.m. President Donald Trump is taking on Mexico and Canada at a time when the United States is engaged in talks with them on the future of the North American Free Trade Agreement. Trump says in a speech before a small...


Business

FedEx profit rises on increase in volume, shipping rates

Higher rates, tax benefits and steady business fueled by economic growth helped FedEx Corp. boost its fourth-quarter profit 10 percent to $1.13 billion. Chairman and CEO Fred Smith said Tuesday that he is optimistic that the package-delivery company will increase its earnings and profit margins. On...


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