Vail Resorts on Thursday agreed to buy out Park City Mountain Resort for $182.5 million in cash.» Read More
Vivint, which is controlled by Blackstone Group LP, and SolarCity allow homeowners to lease solar systems rather than buying them outright, helping fuel the growth. SolarCity controls more than a third of the U.S. residential solar market, with Vivint trailing with a 15 percent share.
Oct 1- Shares of Vivint Solar Inc, the second-largest installer of residential solar panels in the United States, rose as much as 9 percent in their market debut on the New York Stock Exchange, valuing the company at about $1.84 billion.
Sept 30- Residential solar panel installer Vivint Solar Inc priced its initial public offering at $16 per share, valuing the Blackstone Group LP- backed company at $1.68 billion.
JACKSON, Miss.— Some of the most dangerous prisoners have been removed from the privately-run Walnut Grove Correctional Facility following a July 10 riot, as the Mississippi Department of Corrections faces renewed legal claims that the prison's guards are too poorly trained to control such inmates.
Hunters, campers, fishermen and others spent more than $623 million directly within 50 miles of Bureau of Land Management property in sagebrush ecosystems across more than 61 million acres, said the report by ECONorthwest, an economic consulting firm founded in Oregon in 1974..
NEW YORK— Card data of Supervalu and Albertsons shoppers may be at risk in another hack, the two supermarket companies said Monday. Supervalu said the malware was installed on a network that processes card transactions at several chains, but it believes data was only taken from certain checkout lanes at four Cub Foods stores in Minnesota.
SALT LAKE CITY— A federal agency is accusing Papa John's Pizza of breaking the law when they fired a Utah employee with Down syndrome. Representatives for Papa John's did not immediately respond to a message seeking comment. But when an operating partner visited the store and saw Bonn working with the coach, the partner allegedly order Papa John's to fire Bonn.
SALT LAKE CITY— Utah's reputation as a mecca for outdoor recreation helped to deliver more than $1 billion in tourist-generated tax revenue last year, according to the state tourism director. "It's like Utah is being discovered."
DENVER— Colorado on Friday approved a $5 million incentive package to lure production of the upcoming Quentin Tarantino film "The Hateful Eight." The Oscar-winning screenwriter's movie could be filmed on a 900- acre ranch west of the ski town of Telluride, depending on local permit approval, The Denver Post reported.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. was unchanged this week, holding at 1,931.. Of the major oil- and gas-producing states, Wyoming gained three rigs, New Mexico increased by two and Alaska, Colorado and West Virginia each gained one.
SALT LAKE CITY— No charges will be filed in a case involving a woman who nearly died after unknowingly drinking iced tea mixed with chemicals at a suburban Salt Lake City restaurant, prosecutors said Friday.
SALT LAKE CITY— Prosecutor: No charges in case of chemical-laced tea that nearly killed woman at Utah eatery.
The usual autumn decline of the price of gasoline is getting an assist from lower global oil prices. Up to 30 states could see an average price below $3 a gallon by the end of the year. Source: AAA, OPIS and Wright Express.
SALT LAKE CITY— Vail Resorts Inc. is planning to begin building lifts next summer to connect Canyons Resort and its newest acquisition, Park City Mountain Resort.
SALT LAKE CITY— A proposed $1.5 billion energy storage site in rural Utah that is part of a larger, ambitious clean energy initiative would be an economic boon to the state and could potentially make the area a hub for similar projects, state officials said Wednesday.
SALT LAKE CITY— Utah's attorney general has decided to appeal a ruling that struck down parts of the state's anti-polygamy law in what marked a significant victory for the family on the reality TV show "Sister Wives" and polygamous families living in Utah.
FLAGSTAFF, Ariz.— The Navajo Nation is poised to receive $554 million from the federal government over mismanagement of tribal resources in the largest settlement of its kind for an American Indian tribe.
CHEYENNE, Wyo.— A proposal to export twice as much Wyoming wind power to Los Angeles as the amount of electricity generated by the Hoover Dam includes an engineering feat even more massive than that famous structure: Four chambers, each approaching the size of the Empire State Building, would be carved from an underground salt deposit to hold huge volumes of compressed air.
The accord, resolving claims that date back as far as 50 years and marking the biggest U.S. legal settlement with a single tribe, will be formally signed at a ceremony on Friday in Window Rock, Arizona, the capital of the sprawling Navajo reservation.
Sept 24- The U.S. Food and Drug Administration issued warning letters to three privately held companies marketing treatments that claim to prevent or treat Ebola. The letters were sent to Newton, New Jersey- based Natural Solutions Foundation, Utah- based dTERRA International LLC and Utah- based Young Living.