Business

Weber Co. leaders unveil long-awaited plan, aiming to energize the economy

Weber County economic development

The economic development effort aims to bring in high-paying jobs, boost the median income and more.

Business

Once deemed 'unsafe' by Facebook, Diamond and Silk are now coming to Capitol Hill

(c) 2018, The Washington Post. WASHINGTON - House Republicans have invited “Diamond and Silk,” two conservative video bloggers who were deemed “unsafe” by Facebook after becoming online sensations, to testify next week about allegations of conservative bias online. The hearing, set for Thursday...


Business

U.S. weighs emergency powers to curb China tech investments

(c) 2018, Bloomberg. The Treasury Department is considering using an emergency law to curb Chinese investments in sensitive technologies, as the Trump administration looks to punish China for what it sees as violations of American intellectual-property rights. The U.S. government is reviewing the...


Business

GE stands by profit forecast, brushing off Wall Street's worries

(c) 2018, Bloomberg. General Electric Co. maintained its 2018 profit forecast, defying Wall Street expectations of a cut, sending shares higher. Strength in aviation and health care are shoring up confidence in the outlook for adjusted earnings of $1 to $1.07 a share, GE said in a statement Friday,...


Business

The unspoken factor in Amazon's search for a new home: Jeff Bezos's support for gay

(c) 2018, The Washington Post. When Amazon executives recently toured the Dallas-Fort Worth area, one of 20 finalists for a second company headquarters, local officials touted its growing workforce and low taxes as perfectly suited to accommodate 50,000 planned Amazon jobs. But the local team also...


Business

GE jumps most in 3 years as `excited' CEO gets investors' buy-in

(c) 2018, Bloomberg. General Electric stuck with its 2018 profit forecast, powering shares to the biggest gain in three years as the beleaguered manufacturer defied expectations of a cut. Strength in aviation and health care is shoring up confidence in the outlook for adjusted earnings of $1 to $1....


Business

Wells Fargo fined $1 billion for 'reckless unsafe or unsound practices

(c) 2018, The Washington Post. Federal regulators on Friday fined megabank Wells Fargo $1 billion for misbehavior in its auto and mortgage businesses. The settlement is among the most aggressive moves by regulators during the Trump administration to punish a big bank. It also escalates problems at...


Business

U.S. oil rush spurs `triangle' trade as output, exports soar

(c) 2018, Bloomberg. Rapid increases in U.S. oil output and exports over the past two years are forcing some traders and producers to try alternative ways of pricing crude. While the market benchmark remains West Test Intermediate crude delivered in Cushing, Oklahoma, there has been a surge in...


Business

Steinhoff pleas for investor support to save `burning building'

(c) 2018, Bloomberg. Steinhoff International Holdings’s chairwoman likened the retailer to a burning building when the accounting scandal broke four months ago, appealing for shareholder support for an ongoing investigation into the smoldering wreckage. The owner of Conforama in France and Pep...


Business

What happens when a plane ruptures

(c) 2018, Bloomberg. When even a small hole suddenly opens in a jetliner flying miles above the Earth, it unleashes hurricane-like forces. Everything that’s not strapped down flies toward the opening. The wind can easily lift a person up and out of the plane. These terrifying episodes are rare but...


Business

From 4K video to in-store merchandise, here's how AT&T plans to buy your loyalty after

(c) 2018, The Washington Post. For weeks, officials defending the AT&T-Time Warner merger have spoken in broad terms about how the deal could lower TV subscription prices for consumers and spur “innovation.” But it wasn’t until this week that top company executives laid out specifics about their...


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