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Top News & Analysis Utah

  • Houston oilfield services company Baker Hughes Inc. said Friday that 602 rigs sought oil and 151 explored for natural gas this week. Alaska and Louisiana each lost two rigs and North Dakota declined by one. Arkansas, California, Colorado, Kansas, New Mexico, Ohio, Oklahoma, Pennsylvania, Utah and West Virginia were all unchanged.

  • DES MOINES, Iowa— Republican governors from seven states are calling for dramatic changes to Medicaid, which provides insurance to more than 70 million low-income Americans, as they nervously watch President Donald Trump and GOP congressional leaders move to repeal and replace the Obama-era health law. According to a draft of the proposal obtained by The...

  • HOUSTON, Feb 24- Refiners and pipeline shippers in the Salt Lake City area are facing new delays obtaining crude oil after a pipeline outage last week was followed by snow on Friday that made it difficult to deliver much-needed oil by truck. The 16- inch Wahsatch pipeline can carry roughly 100,000 barrels per day of crude from locations near Evanston, Wyoming, to...

  • Feb 22- A judge has crushed the hopes of a group of investors in Ultra Petroleum Inc, a bankrupt natural gas company, who had sought to collect a $300 million windfall because a clerk entered a court order on the wrong date. Bankruptcy Judge Marvin Isgur approved on Feb. 13 the disclosures for Ultra's plan to emerge from Chapter 11, although his order was not put on the...

  • SALT LAKE CITY _ Extra Space Storage Inc. on Tuesday reported a key measure of profitability in its fourth quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 97 cents per share. Five analysts surveyed by Zacks expected $258.7 million.

  • SOUTH JORDAN, Utah _ Merit Medical Systems Inc. on Tuesday reported fourth-quarter earnings of $7.5 million. Merit Medical expects full-year earnings in the range of $1.15 to $1.20 per share, with revenue in the range of $713 million to $723 million. Merit Medical shares have risen 8 percent since the beginning of the year.

  • SALT LAKE CITY— Sales double twice a year at the Toasters sandwich shop in downtown Salt Lake City when tens of thousands of plaid-shirted outdoor retailer representatives arrive in town for a massive industry trade show. But Toasters owners Enes and Mubera Huskic and Laser owner Adam Swillinger won't get that business anymore after the show announced last...

  • DENVER— Instrument-laden aircraft are surveying the Colorado high country this month as scientists search for better ways to measure how much water is locked up in the world's mountain snows— water that sustains a substantial share of the global population. A NASA- led experiment called SnowEx is using five aircraft to test 10 sensors that might one day be used...

  • BOSTON— Native Americans hope President Donald Trump doesn't forget America's first inhabitants as he promises to put "America first." Five large tribes in Oklahoma— the Cherokee, Chickasaw, Choctaw, Muscogee Creek and Seminoles— have requested a meeting with the New York billionaire during his first 100 days in office so they can talk about ways to advance their...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 597 rigs sought oil and 153 explored for natural gas this week. Louisiana lost three rigs, New Mexico declined by two and Alaska, North Dakota and Oklahoma each lost one. Arkansas, California, Colorado, Kansas, Ohio, Pennsylvania, West Virginia and Wyoming were all unchanged.

  • WASHINGTON/ SALT LAKE CITY, Utah, Feb 17- When Republican Congressman Jason Chaffetz of Utah introduced legislation last month to transfer about 3 million acres of federally-held public land to state control, he was bombarded by thousands of angry phone calls, letters and social media posts urging him to back off. Such areas include national forests, parks and...

  • WASHINGTON/ SALT LAKE CITY, Utah, Feb 17- When Republican Congressman Jason Chaffetz of Utah introduced legislation last month to transfer about 3 million acres of federally-held public land to state control, he was bombarded by thousands of angry phone calls, letters and social media posts urging him to back off. Such areas include national forests, parks and...

  • PROVO, Utah _ Nu Skin Enterprises Inc. on Thursday reported fourth-quarter net income of $38.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. For the current quarter ending in April, Nu Skin said it expects revenue in the range of $480 million to $500 million.

  • SALT LAKE CITY— A lucrative outdoor trade show that's been staged in Utah for two decades appears one step closer to leaving after a Thursday conference call intended to smooth discord over public lands issues between industry leaders and Gov. The hunt for a new host city for the Outdoor Retailer show— which brings an estimated $45 million in annual direct...

  • Copper inventories tied to China's Shanghai Futures Exchange have surged 61 percent since the week of Jan. 20 to 277,659 tonnes, the most since May 2016, the latest data shows. Stockpiles held in bonded warehouses in China have edged above 500,000 tonnes, from around 450,000 tonnes in November, according to consultants CRU Group. "In China's bonded market there is...

  • Copper inventories tied to China's Shanghai Futures Exchange have surged 61 percent since the week of Jan. 20 to 277,659 tonnes, the most since May 2016, the latest data shows. Stockpiles held in bonded warehouses in China have edged above 500,000 tonnes, from around 450,000 tonnes in November, according to consultants CRU Group. "In China's bonded market there is...

  • SALT LAKE CITY— A coalition of major outdoor companies on Tuesday ramped up a threat to get a lucrative outdoor trade show to leave Utah unless the governor and elected officials back away from policies they say threaten public lands. Gary Herbert that says Utah leaders are threatening the outdoor industry by pushing back against federal land control and...

  • ATLANTA— They are the stuff of legend, wielded by hit men and by James Bond. Now, emboldened by the election of Donald Trump as president, the industry has renewed a push in Congress to ease those restrictions, arguing that it'll help preserve the hearing of gun users. We look at it as a health issue, "said Erich Pratt, executive director of Gun Owners of America.

  • WASHINGTON— A bitterly divided Senate on Monday confirmed Steven Mnuchin as treasury secretary despite strong objections by Democrats that the former banker ran a "foreclosure machine" when he headed OneWest Bank. Orrin Hatch, R- Utah, chairman of the Finance Committee. Votes on Trump's Cabinet picks have exposed deep partisan divisions in the...

  • Feb 10- Wall Street's main stock indexes rose to fresh all-time closing highs as a spike in oil prices supported energy shares and investors renewed their optimism about President Donald Trump's economic agenda. The benchmark S&P 500 has surged 8.3 percent since Trump's Nov. 8 election, fueled by expectations he will lower corporate taxes, reduce regulations...