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Top News & Analysis Utah

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  • LAS VEGAS— President Barack Obama on Monday accused fossil fuel interests and other critics of his energy policies of trying to restrict consumers from accessing solar, wind and other renewable sources in order to protect the status quo. "That's not the American way," Obama said in a speech at a green energy conference in Las Vegas. He singled out billionaire...

  • SALT LAKE CITY— The world's largest outdoor retail show considered moving to other cities with more lodging and convention space but chose to stay in Utah after attendees revealed an overwhelming desire to keep the expo at the foot of the mountains in Salt Lake City, officials said Monday. The Outdoor Retailer Show— which is staged twice a year and brings the...

  • EPA knew of 'blowout' risk for tainted water at gold mine Saturday, 22 Aug 2015 | 12:42 AM ET

    The EPA released the documents late Friday following weeks of prodding from The Associated Press and other media organizations. The plan was produced by Environmental Restoration LLC, a private contractor working for the EPA. EPA spokeswoman Melissa Harrison said Saturday she could not immediately answer questions about the matter.

  • President Barack Obama signed a federal declaration of emergency for Washington state on Friday, authorizing the U.S. Department of Homeland Security and the Federal Emergency Management Agency to coordinate relief efforts in 11 counties and several Indian reservations hard hit by wildfires. The Okanogan Complex includes the so-called Twisp River fire,...

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. this week increased by one to 885.. Among major oil- and gas-producing states, North Dakota and Oklahoma each gained three rigs and Alaska, California, Kansas and Wyoming each gained one. Texas lost six rigs, Pennsylvania declined by two and...

  • BOOK CLIFFS, Utah— On a remote Utah ridge covered in sagebrush, pines and wild grasses, a Canadian company is about to embark on something never before done commercially in the United States: digging sticky, black, tar-soaked sand from the ground and extracting the petroleum. Across the rolling green hills of the Book Cliffs of eastern Utah, about 165 miles from Salt...

  • The Nebraska Labor Department said the preliminary July rate was six-tenths of a point under the July 2014 rate of 3.3 percent. U.S. Labor Department figures said Nebraska was trailed by North Dakota at 3 percent and Utah and Vermont at 3.6 percent. The Omaha rate remained unchanged at 3.2 percent but was down seven-tenths of a point from July 2014.

  • PHOENIX— The tiny seedling was brought over from Eastern Europe and parts of Asia nearly 200 years ago and planted along riverbanks across the United States, mostly in the Southwest, to prevent erosion. It was brought to the U.S. as a method to prevent erosion along bodies of water like the Colorado River. The invasive plant is difficult to eradicate because of its...

  • Instructure, based in Salt Lake City, has hired Morgan Stanley and Goldman Sachs to help prepare for the IPO, which has been filed confidentially, the people said. Instructure, Morgan Stanley and Goldman Sachs did not immediately respond to requests for comment. The company's learning management systems are used by 18 million students and teachers from more...

  • In his home state of Utah, the Overstock.com Inc chairman is preparing a 2016 bid to replace a popular governor. In Washington DC, his online retailer has emerged as the only company to back both of two competing proposals in Congress for the best way to tax online sales. But on the issue of Internet sales taxes, Johson notes that the Constitution expressly grants...

  • Dairy farmers milk politics of Pacific trade pact Sunday, 9 Aug 2015 | 9:00 AM ET

    A deadlock over dairy has emerged as one of the chief impediments to completing the 12- nation, $300 billion Trans-Pacific Partnership, with Canada and Japan reluctant to open protected markets, the United States unwilling to move before Canada does, and New Zealand refusing to back down from demands for more access to U.S., Japanese and Canadian markets.

  • BOSTON, Aug 6- Some of the U.S. state and county-run investment pools that oversee more than $200 billion in local government cash are loading up on riskier corporate debt to produce yields that outpace the industry average by many times over, according to a Reuters analysis of their financial disclosures. "I don't want to call it the Wild Wild West, but it sure seems...

  • NEW YORK, July 29- Danielle Faust, 33, is six weeks into wearing braces to fix her crooked teeth and is pretty happy about the process, but not the price. While the $5,000 for Invisalign clear aligners in South Florida where she is a freelance writer is $1,000 less than a friend is paying in New York, she is kicking herself because she missed out on a Groupon that would...

  • July 24- Anthem Inc said on Friday it would buy Cigna Corp for about $54.2 billion, creating the largest U.S. health insurer by membership and accelerating the industry's consolidation from five national players to three. The proposed acquisition, the health insurance industry's largest, comes three weeks after Aetna Inc agreed to buy Humana Inc for $37...

  • NEW YORK, July 21- U.S. charter schools are defaulting on bonds at a rate of 3.3 percent, a level higher than that recorded three years ago but still not one which should concern investors, according to the co-publisher of a report made available on Tuesday. Of the $10.4 billion issued by charter schools, $346.9 million, or 3.3 percent, has defaulted, according to the...

  • 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...