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...

Business

As Tesla races to meet Model 3 deadline, factory pressures and suspicions grow

(c) 2018, The Washington Post. Tesla chief Elon Musk said last week that the company’s layoffs of 9 percent of its workforce wouldn’t affect production as the all-electric automaker races to build thousands of new Model 3 sedans a week. But documents the company filed days later with the state of...


Business

Unionized MGM workers in Las Vegas voting to ratify contract

Las Vegas Casinos Contracts

LAS VEGAS (AP) — Thousands of unionized workers at Las Vegas casino-resorts operated by MGM Resorts International, including Bellagio, Aria and Mandalay Bay, were casting ballots Tuesday to decide whether to approve a new five-year contract. The contract includes wage increases, new paid...


Business

Montana court allows mining ballot initiative to proceed

HELENA, Mont. (AP) — The Montana Supreme Court said Tuesday that it won’t block a proposed ballot initiative meant to keep mines from polluting the state but which industry leaders say would threaten the future of mining. That means the sponsors who collected more than the 25,468 voter signatures...


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

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...


Business

AP Top Business News at 7:39 p.m. EDT

Dow posts 6th loss in row on trade spat; small cos. rally Trump raises risk of economically harmful US-China trade war The Latest: Trump renews trade criticisms of Mexico, Canada GE to end more than 100-year run on Dow; Walgreens added Mobile carriers cut off flow of location data to brokers Google,...


Business

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

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....


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...


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