Business

Box Elder tax increment program for biofuels company is on hold

Washakie Renewable Energy expansion

Box Elder County made ready to help a biofuels company’s expansion plans. But four years...

Business

California lawmakers move closer to regional electric grid

Western Electric Grid

SACRAMENTO, Calif. (AP) — A contentious proposal to link oversight of California’s electric grid with other states in the U.S. West narrowly cleared a legislative hurdle Tuesday, keeping alive a proposal that has divided environmentalists over the best way to expand renewable energy. The proposal,...


National

Google, Facebook, others speak out against child separation

Immigration Businesses

Some business leaders are condemning the Trump administration’s decision to separate children from parents who are accused of crossing the border illegally, but it’s unclear what impact — if any — they will have. Facebook CEO Mark Zuckerberg said he was donating money to groups that help immigrant...


Business

Fox News Channel faces backlash from Hollywood creators

TV Modern Family Levitan

NEW YORK (AP) — Fox News Channel faces a growing backlash among Hollywood creators that intensified Tuesday following Laura Ingraham’s description of “zero tolerance” detention facilities for children separated from their parents as “essentially summer camps.” “Modern Family” co-creator Steve...


Business

At least 3 withdraw from Business Council of Alabama

MONTGOMERY, Ala. (AP) — A day after Alabama’s largest electrical utility quit a business group that tries to influence policy and politics in Montgomery, two other companies confirmed they’ve also departed. Regions Bank and PowerSouth Energy Cooperative announced they’ve also exited the Business...


Business

FedEx profit rises on increase in volume, shipping rates

Higher rates, tax benefits and steady business fueled by economic growth helped FedEx Corp. boost its fourth-quarter profit 10 percent to $1.13 billion. Chairman and CEO Fred Smith said Tuesday that he is optimistic that the package-delivery company will increase its earnings and profit margins. On...


Business

AP Top Business News at 8:05 p.m. EDT

Dow posts 6th loss in row on trade spat; small cos. rally Trump raises risk of economically harmful US-China trade war The Latest: Trump renews trade criticisms of Mexico, Canada GE to end more than 100-year run on Dow; Walgreens added Mobile carriers cut off flow of location data to brokers Google,...


Business

After query, Ross shorted stock in Kremlin-tied firm: report

WASHINGTON (AP) — Commerce Secretary Wilbur Ross made a trade betting that the stock in a shipping company with Russian-government ties would fall, a transaction coming just days after he learned of a possible negative news story about his investment in the company. Ross reported on a government...


Business

GE to end more than 100-year run on Dow; Walgreens added

GE-Leaving the Dow

LOS ANGELES (AP) — General Electric will be dropped from the Dow Jones industrial average next week, ending the conglomerate’s more than 100-year run in the 30-company blue chip index. S&P Dow Jones Indices said Tuesday that GE will be removed from the index before the open of trading next Tuesday....


National Business

Mobile carriers cut off flow of location data to brokers

Verizon Wireless Tracking

Verizon, AT&T, Sprint and T-Mobile have pledged to stop providing information on U.S. phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. The data has apparently allowed outside companies to pinpoint the location of...


Business

Dow posts 6th loss in row on trade spat; small cos. rally

Financial Markets Wall Street

NEW YORK (AP) — Big industrial and technology companies skidded Tuesday as the trade dispute between the U.S. and China threatened to come to a boil. Smaller companies less focused on overseas trade fared better, as did dividend-paying stocks. The Dow Jones industrial average fell for the sixth day...


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