Business

Business

US rig count drops by 1 this week to 935

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. fell by one this week to 935. That’s still up from the 511 rigs that were active a year ago. Houston oilfield services company Baker Hughes said Friday that 744 rigs sought oil and 190 explored for natural gas this week....


Business

The Latest: US: NKorea bomb test would draw tough response

APTOPIX Trump

NEW YORK (AP) — The Latest on President Donald Trump and North Korea (all times local): 2:40 p.m. A senior U.S. diplomat says a North Korean hydrogen bomb test in the Pacific would be an “unprecedented act of aggression” by the communist nation. Susan Thornton is acting assistant secretary of state...


Business

New Ross Dress for Less opening soon in Ogden

New Ross.JPG

A new Ross Dress for Less is opening at the Commons, a shopping center at the intersection of 12th Street and Wall Avenue in Ogden. 


Business

Instagram-famous cookie shop sued for allegedly bad dough

(c) 2017, Bloomberg. Instagram’s most beloved cookie dough confectioner is facing a proposed class-action suit alleging the not-baked goods cause food-borne illness. Cookie Do, which boasts over 180,000 followers on the social media destination, sells cookie dough made from pasteurized egg product...


Business

How electric cars can create the biggest disruption since iPhone

(c) 2017, Bloomberg. It’s 10 years since Apple unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil. The rise of Tesla and its rivals could be turbo-...


Business

How electric cars can create the biggest disruption since iPhone

(c) 2017, Bloomberg. It’s 10 years since Apple unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil. The rise of Tesla and its rivals could be turbo-...


Business

After the breach, Equifax now faces the lawsuits

(c) 2017, The Washington Post. Since it announced a massive data breach earlier this month, Equifax has been hit with dozens of lawsuits from shareholders, consumers and now one filed by a small Wisconsin credit union that represents what could be the first by a financial institution attempting to...


Business

Mnuchin's incomplete Treasury staff could be a risk in crisis

(c) 2017, Bloomberg. The Treasury Department still lacks permanent officials in half of its highest-ranking political jobs more than eight months into Donald Trump’s presidency, leaving Secretary Steven Mnuchin shorthanded as he tries to carry out the administration’s ambitious economic agenda....


Business

U.S. tariffs on solar imports may hinge on free-trade deals

(c) 2017, Bloomberg. U.S. free-trade deals with South Korea, Mexico and others may soften the impact of tariffs on imported solar panels now that Suniva Inc. has convinced the government it was hobbled by foreign competition. The U.S. International Trade Commission voted 4-0 Friday in favor of a...


Business

Abenomics has a new weapon to pry money from bank accounts

(c) 2017, Bloomberg. An outspoken regulator has unleashed an unusual tactic to shake up Japan’s asset-management industry. Nobuchika Mori, the head of the Financial Services Agency, has publicly criticized the country’s money managers for what he sees as failing to offer products that suit their...


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