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Top News & Analysis Utah

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  • Zions beats 2Q profit forecasts Monday, 20 Jul 2015 | 4:31 PM ET

    SALT LAKE CITY _ Zions Bancorp on Monday reported second-quarter profit of $14 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Eight analysts surveyed by Zacks expected $555 million.

  • SALT LAKE CITY— Utah state officials have given the go-ahead for a tar sands mine under construction on the eastern flank of the state. Utah Division of Oil, Gas and Mining director John Baza said Monday that his decision addresses concerns raised by opposition while acknowledging that U.S. Oil Sands Inc., the Canadian company building the mine, has complied with...

  • July 16- Goldman Sachs Group Inc has begun staffing up again after years of cutting back, to build up its investment management business and comply with new regulations. The workers it is hiring are mainly in lower-cost places like Salt Lake City and Bangalore, Chief Financial Officer Harvey Schwartz said Thursday on the bank's second quarter earnings call.

  • Goldman Sachs pads bottom line with frugal hiring Thursday, 16 Jul 2015 | 12:58 PM ET

    July 16- Goldman Sachs Group Inc is hiring like crazy to expand its investment management business, but because many of its new workers are based in low-cost cities, its costs are still going down. Its workforce of 34,900 employees at June 30 was up 8 percent over a year and up 1 percent since March 31. The bank shifted parts of its workforce that handle tasks, ranging...

  • TRENTON, N.D., July 10- One of the largest facilities in North Dakota that loads oil onto railcars laid off 10 percent of its staff this week as it pares operations in an environment of lower oil prices, a source familiar with the company's operations said. Savage Services Corp laid off 12 full-time employees at its 373- acre transloading and pipe logistics...

  • "Walmart and others were a fundamental force in getting many companies to go the way of the dodo," he said. Avgoustis was among some 2,000 executives from U.S. manufacturing companies who journeyed to Wal-Mart Stores Inc headquarters here on July 7 to huddle in tiny conference rooms with Walmart buyers and present products made in the U.S. They would also get...

  • YOUR MONEY-5 ways road-tripping families can save money Wednesday, 1 Jul 2015 | 9:29 AM ET

    NEW YORK, July 1- With four kids between the ages of 1 and 12, Loralee Leavitt is a cost-savings ninja when she hits the road. Leavitt, who hails from Kirkland, Washington, estimates that she has gone on more than 30 road trips with her growing family, logging over 60,000 miles, to places like Utah, Colorado, Arizona and California. Their piece de resistance: A trip to...

  • America's top 10 states for business in 2015 Wednesday, 24 Jun 2015 | 4:30 PM ET
    Minneapolis, Minnesota.

    Here are the states that get the highest marks for access to capital, skilled labor and the best incentives for businesses of all sizes.

  • 3. Utah Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015: Utah

    The economy is abuzz in the Beehive State—the strongest in the nation. But weakness in education hurts the state’s workers.

  • Shocker: The state funding the biggest start-ups Wednesday, 24 Jun 2015 | 6:53 AM ET
    Utah Gov. Gary Herbert

    Utah start-ups receive more money on average than Silicon Valley deals, one reason Gov. Gary Herbert says it's a top state for business.

  • June 23- A U.S. judge in Wyoming on Tuesday granted a request by four states and several energy industry groups to temporarily stop new federal rules on hydraulic fracturing on public lands from taking effect on Wednesday. IPAA and the Western Energy Alliance were joined by Colorado, Wyoming, North Dakota and Utah in seeking to stop the new rules from taking...

  • NEW YORK, June 10- Significantly more Americans are using electronic-cigarettes and other vaporizing devices than a year ago, but most of those consumers are also smoking conventional cigarettes, according to a new Reuters/ Ipsos poll. The findings support evidence that smokers are using both traditional tobacco products and e-cigarettes to deliver...

  • NEW YORK, June 10- Significantly more Americans are using electronic-cigarettes and other vaporizing devices than a year ago, but most of those consumers are also smoking conventional cigarettes, according to a new Reuters/ Ipsos poll. The findings support evidence that smokers are using both traditional tobacco products and e-cigarettes to deliver...

  • SAN FRANCISCO, June 9- Following up on its earlier pledge to spend $300 million over the next five years to improve diversity, Intel Corp promised more on Tuesday, this time to back companies with women and minorities in leadership roles. Some of that sum will overlap with the previously announced $300 million, Intel said. Like all the companies backed by the fund,...

  • How much money people are dropping on weddings Wednesday, 3 Jun 2015 | 12:07 PM ET
    Wedding couple bride groom

    With wedding prices rising, location and timing can become even bigger factors on how much that fairy tale wedding will cost you.

  • June 3- Stock Building Supply Holdings Inc and fellow construction materials supplier Building Materials Holding Corp said they would combine to expand in the fast-growing south and west regions in the United States. BMC's shareholders will receive 0.5231 new shares of Stock Building Supply for each share held and own about 60 percent of the merged entity,...

  • Surveillance powers lapse with no deal in Senate Monday, 1 Jun 2015 | 12:56 AM ET
    Construction trailers sit in front of the new National Security Agency (NSA) data center June 10, 2013 in Bluffdale, Utah.

    The NSA lost its authority at midnight to collect Americans' phone records in bulk, after Senator Rand Paul stood in the way of the program.

  • Only high-income households have managed to build significant savings, and the Center for Retirement Research at Boston College says 52 percent of today's working-age households face the shock of declining living standards in retirement. "If you have a dollar to spend on retirement security, it's much better to spend it on Social Security than by spreading...

  • Genealogy site Ancestry.com explores sale: Sources Thursday, 21 May 2015 | 8:17 AM ET
    A detail from the ancestry.com home page

    Ancestry.com is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt.

  • May 20- Ancestry.com LLC, the world's largest family history website helping users trace their heritage is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt, according to people familiar with the matter. Permira Advisers LLC, the buyout firm that owns most of privately held Ancestry, has hired investment banks to run an...