Business

Maggots, mold and dirt reported in Weber jail food

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Health inspectors looked into reports of maggots, mold, and dirt in jail food, and labels...

Business

Weber County economic development head out as officials rework approach

Doug Larsen

Douglas Larsen stepped down Jan. 11 as head of the Weber Economic Development Partnership after 5 1/2 years in the post and more than 20 years in county government in all.


Business

BlackRock lets its hair down by offering unlimited time off

(c) 2018, Bloomberg. BlackRock Inc., taking a page from Silicon Valley where ping-pong tables and on-site gyms are common perks, is offering unlimited time off. The world’s largest asset manager began rolling out the perk earlier this month, confirmed Brian Beades, a BlackRock spokesman. The New...


Business

Markets Right Now: Dow has first close above 26,000 points

The latest on developments in financial markets (All times local): 4 p.m. Stocks are closing higher on Wall Street, sending the Dow Jones industrial average to its first close above 26,000 points. The Dow had traded above that level on Tuesday but wound up closing lower that day. The Dow’s surge on...


Business

Apple to build 2nd campus, hire 20,000 in $350B pledge

Apple-Investments

SAN FRANCISCO (AP) — Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country’s new tax law. The pledge announced Wednesday comes...


Business

Cellphone jamming system tested at Maryland prison

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COLUMBIA, S.C. (AP) — Federal prisons officials on Wednesday tested a jamming technology inside the walls of a federal prison, a rare move that authorities said they hope will help combat the danger posed by inmates with cellphones. The test was conducted over several hours Wednesday morning at a...


Business

Tech, health care companies help lift US stocks higher

Financial Markets Wall Street-1

U.S. stocks moved broadly higher in late-afternoon trading Wednesday as the market bounced back from modest losses a day earlier. The rally drove the Dow Jones industrial average back above 26,000 points and had the Standard & Poor’s 500 index on course for a record high close. Technology and...


Business

OPEC discipline arrests crude oil's fall from three-year high

(c) 2018, Bloomberg. Crude edged higher as OPEC showed increased determination to curb production. Futures rose as much as 0.7 percent in New York. Strict adherence by OPEC, Russia and other major producers to self-imposed supply limits has been counterbalanced by concern that hedge fund managers...


Business

Kuroda has good chance for BOJ reappointment, LDP official says

(c) 2018, Bloomberg. Haruhiko Kuroda has a “good chance” to be reappointed for a second term as Bank of Japan governor, according to a senior official of Prime Minister Shinzo Abe’s ruling party. “There shouldn’t be big changes in monetary policy, especially when financial markets have been very...


Business

Wells Fargo risk officer Loughlin to depart after bank scandals

(c) 2018, Bloomberg. Michael Loughlin, who has been Wells Fargo’s chief risk officer through its recent spate of scandals, is retiring. Loughlin, 62, who joined the San Francisco-based lender in 1986, will remain in the job for a few months until a successor is named, Wells Fargo said Wednesday in...


Business

Why Nestle sold its U.S. candy business - and bought a vitamin company

(c) 2018, The Washington Post. Analysts are calling it a $2.8-billion testament to Americans’ changing tastes in food: On Tuesday, Nestle - the maker of Butterfinger, Baby Ruth and Raisinets - agreed to sell its U.S. candy brands to Nutella-maker Ferrero. The deal is the latest in a torrent of food...


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