GO
Loading...

Utah

More

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 21 this week to 1,048 amid falling oil prices. Houston- based Baker Hughes said Friday 813 rigs were seeking oil and 233 exploring for natural gas. Among major oil- and gas-producing states, Alaska, Louisiana, Oklahoma and Texas each...

  • LINCOLN, Neb.— Nebraska's preliminary unemployment rate of 2.7 percent last month was the lowest in the country, a state report showed Friday. The Nebraska Labor Department report said the February rate was seven-tenths of a point under the February 2014 rate of 3.4 percent and remained well under the new national average rate of 5.5 percent.

  • Superior Drilling Products posts 4Q loss Friday, 27 Mar 2015 | 7:39 AM ET

    VERNAL, Utah _ Superior Drilling Products Inc. on Friday reported a fourth-quarter loss of $150,000, after reporting a profit in the same period a year earlier. The Vernal, Utah- based company said it had a loss of 1 cent per share. Keywords: Superior Drilling Products, Earnings Report.

  • House Roll Call: Republicans approve conservative budget Wednesday, 25 Mar 2015 | 7:19 PM ET

    The 228-199 roll call Wednesday by which the House passed a conservative budget that relies on nearly $5 trillion in cuts to eliminate deficits over the next decade, calls for repealing the health care law and envisions transformations of the tax code and Medicare. Republicans— Aderholt, Y; Brooks, Y; Byrne, Y; Palmer, Y; Roby, Y; Rogers, Y. Republicans— Crawford, N; Hill, Y;...

  • Critics worry firing squad law will tarnish Utah's image Wednesday, 25 Mar 2015 | 2:44 AM ET

    SALT LAKE CITY— Utah lawmakers say they took a pragmatic approach in approving the firing squad as a form of execution if lethal-injection drugs aren't available. But critics say bringing back the firing squad in Utah— the only state to use the method in the past 40 years— could tarnish the state's image with visitors. Tourism is big business in Utah, home to...

  • HealthEquity tops Street 4Q forecasts Tuesday, 24 Mar 2015 | 4:21 PM ET

    DRAPER, Utah _ HealthEquity Inc. on Tuesday reported fiscal fourth-quarter profit of $1.4 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. HealthEquity expects full-year earnings in the range of 28 cents to 30 cents per share, with revenue in the range of $117 million to $121 million.

  • WASHINGTON— Federal workers and retirees owed more than $3.5 billion in unpaid taxes last year, a $200 million increase over the previous year, the IRS said Tuesday. The IRS compiles data each year on unpaid taxes by federal workers. Tax compliance at the IRS is generally better than at other federal agencies in part because the IRS cannot share information about...

  • SALT LAKE CITY— Salt Lake City will soon join a handful of U.S. cities in offering high-speed internet service through Google Fiber. He said they don't yet have a definitive pricing structure, but expect to offer service similar to what currently exists in Provo. He said Google chose the city because it has a "thriving tech community" and is a natural extension from...

  • Stericycle Inc. is proposing to burn 18,000 tons of medical waste per year at a future site in Tooele County— up from 7,000 tons per year at the current site, according to details state environmental regulators posted online Monday. In December, Stericycle agreed to pay Utah a $2.3 million fine and move its facility. Stericycle would only pay half of the fine if it...

  • Some on Wall Street are even talking about an earnings recession. Wall Street analysts currently estimate earnings growth of 1.3 percent for 2015, down from a forecast of 8.1 percent at the beginning of the year, according to Thomson Reuters data. Nearly one-fifth of S&P 500 companies have warned on earnings for the first quarter, with at least 49 companies...

  • About 55 percent of Earned Income Tax Credit recipients reported using a paid tax preparer last year.

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. tumbled by 56 this week to 1,069 amid slumping oil prices. Houston- based Baker Hughes said Friday 825 rigs were seeking oil and 242 exploring for natural gas. Among major oil- and gas-producing states, Texas lost 36 rigs and Louisiana 18. New...

  • Google exec says immigration changes would help economy Wednesday, 18 Mar 2015 | 5:28 PM ET

    WASHINGTON— The executive chairman at Google urged Congress on Wednesday to increase the number of high-skilled work visas made available to foreigners and to deal with other immigration issues later on. Eric Schmidt spoke Wednesday at the American Enterprise Institute, a conservative think tank. Orrin Hatch of Utah would expand the current annual cap on...

  • INDIANAPOLIS— Indiana could ban powdered alcohol before it even has a chance to hit store shelves, as a House committee voted unanimously Wednesday not to allow the new product's sale, purchase or even possession in the state. Alcohol and Tobacco Tax and Trade Bureau, earlier this month approved the sale of the powdered alcohol product, Palcohol.

  • RAYMONDVILLE, Texas— A private company that operated a South Texas prison where an inmate riot left the facility uninhabitable says its contract with the U.S. Bureau of Prisons has been canceled. Utah- based Management& Training Corp. ran Willacy County Correctional Center, the site of last month's uprising. A Bureau of Prisons spokesman couldn't immediately...

  • NEW YORK, March 12- Raising the minimum age to purchase tobacco products to 21 or 25 years old would significantly reduce their use and tobacco-related illnesses in the United States, a study published Thursday found, suggesting that states and local authorities should consider passing such laws. Four states- Alabama, Alaska, New Jersey and Utah- have increased...

  • CAPE CANAVERAL, Fla., March 11- A beefed-up space shuttle solid rocket motor passed a two-minute test firing in Utah on Wednesday, a key milestone toward the debut flight of NASA's deep-space launcher in 2018, the U.S. space agency said. Anchored horizontally to a test stand in the desert in Promontory, Utah, the five-segment motor, built by Orbital ATK, ignited at...

  • WASHINGTON, March 10- Unions plan to make lawmakers' support for trade deals and legislation to streamline the passage of trade agreements through Congress an issue in next year's U.S. elections, the head of the country's largest labor federation said on Tuesday. AFL-CIO President Richard Trumka said unions would keep a tally of how lawmakers voted on upcoming...

  • Senator Marco Rubio, a likely Republican presidential candidate in 2016, on Wednesday unveiled a plan to reduce taxes for multinational corporations and parents, but it would widen federal budget deficits without cuts to popular health and retirement programs. The Florida senator's tax plan, introduced with Utah Republican Senator Mike Lee, would close...

  • WASHINGTON, March 4- Republican Senators Marco Rubio and Mike Lee proposed a tax reform plan on Wednesday they said would help drive long-term growth by reducing the top corporate rate and simplifying rates for other taxpayers. Writing in the Wall Street Journal, the two conservative lawmakers said their plan would lower the maximum tax rate for companies to...