Business

Ogden newspaper to be sold to a family newspaper company

Standard Examiner entrance

Ogden Newspapers will acquire the Standard-Examiner and standard.net website, as well as the...

Business

Hormel said to mull bid for $600 million Chinese wasabi maker

(c) 2018, Bloomberg. Hormel Foods Corp., the maker of Spam canned meat and Skippy peanut butter, is among suitors studying potential bids for Chinese condiment producer Jiahao Foods, people with knowledge of the matter said. Chinese buyout firm Citic Capital is also weighing an offer for Jiahao...


Business

Anger over banks' gun policies snags $600M road plan

BATON ROUGE, La. (AP) — Louisiana’s plans to finance about $600 million in interstate projects got tangled up Thursday in a dispute over moves by two banking giants to restrict gun sales by their business customers. The State Bond Commission, which regulates the roadwork financing plans, disagreed...


Business

1st-quarter U.S. GDP pothole seen as less deep than recent years

(c) 2018, Bloomberg. The U.S. economy probably hit its usual first-quarter pothole, and we’re about to find out how deep it was this time. Gross domestic product grew at a 2 percent annualized rate over the past three months, a step down after three straight quarters exceeding or near a 3 percent...


Business

Facebook and other big tech stocks rally as US indexes climb

Hong Kong Financial Markets

NEW YORK (AP) — U.S. stocks are rising Thursday as Facebook leads a big rally for technology companies. The social media platform jumped after its recent data privacy scandal didn’t appear to affect business in the first quarter. Other big technology companies also moved higher, as did retailers....


Business

The Latest: MGM, Wynn tamp down Boston casino intrigue

Massachusetts Gambling MGM

BOSTON (AP) — The Latest on MGM’s plans to open a casino in Massachusetts (all times local): 1 p.m. Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn’s Boston-area casino. MGM Resorts International CEO Jim Murren said Thursday it would have to be...


Business

Why all your favorite apps are serving you new privacy prompts

(c) 2018, The Washington Post. Users of Facebook, Google and other popular technology platforms are likely to benefit from stricter privacy regulations that, beginning next month, will require new disclosures, new forms of consent and new power to limit how personal data is stored and utilized. The...


Business

US lawmakers assail EPA chief over ethical missteps

EPA Pruitt-2

WASHINGTON (AP) — Lawmakers assailed Environmental Protection Agency chief Scott Pruitt on Thursday for the ethics and spending scandals that have prompted bipartisan calls for his ouster. On the defensive, the EPA chief said “half-truths” and “twisted” allegations were an effort to undermine the...


Business

Chipotle rises most since 2006 as investors warm to new CEO

(c) 2018, Bloomberg. It’s a new day for Chipotle Mexican Grill, and ideas that the company previously spurned -- such as drive-throughs and new menu items -- are now on the table. Shareholders are energized by these new potential ingredients in the burrito chain’s business mix, sending the stock up...


Business

Ford has been synonymous with cars for more than a century. That's about to change.

(c) 2018, The Washington Post. Say goodbye to the Ford Taurus. The family-friendly sedan - which has graced American roadways since the mid 1980s - is being phased out in North America alongside the Fiesta subcompact, Fusion midsize sedan, Taurus large sedan and the C-Max van, according to Ford’s...


Business

The next 9 days will teach us a lot about the U.S. economy

(c) 2018, Bloomberg. The Federal Reserve has spent the past decade coaxing a recession-torn U.S. economy back to health. It’s had resounding success in slashing unemployment, yet wage growth and inflation have remained stubbornly slow - keeping victory at bay. The week ahead could finally clinch it....


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