Justice Dept. sues to stop AT&T's $85B Time Warner deal

Justice AT&T

The Justice Department is suing AT&T to stop its $85 billion purchase of Time Warner, setting...


Small Business Saturday 2017: Deals and discounts in and around Ogden

Small Business Saturday 017-3

Local artisans and retailers will offer special discounts the day after Black Friday to encourage holiday shoppers to support small businesses.


US stocks mostly slip away from their latest record highs

Financial Markets Wall Street

NEW YORK (AP) — U.S. stocks mostly slipped away from their latest record highs Wednesday as the two former halves of Hewlett-Packard both tumbled, while falling interest rates helped phone companies but hurt banks. The price of oil jumped on reports OPEC and a group of other countries might extend...


Tax loophole led to huge CEO pay packages. Eliminating it isn't likely to rein them in.

(c) 2017, The Washington Post. Twenty-five years ago, Bill Clinton campaigned on an idea for limiting excessive pay for American CEOs: Cap the tax deductibility of top executives’ compensation at $1 million, and companies, not wanting bigger tax bills, might reel in their pay. In his 1993 budget,...


Forest Service weighs changes to protections for sage grouse

Sage Grouse Forest Service

BOISE, Idaho (AP) — The U.S. Forest Service is rethinking protection plans for sage grouse in six Western states after a U.S. court agreed with mining companies and others that the agency illegally created some safeguards in Nevada. The agency announced Tuesday that it’s working with the U.S....


Dollar drops, stocks mixed as minutes tilt dovish

(c) 2017, Bloomberg. The dollar added to losses that reached the steepest level in almost 11 weeks, while U.S. equities were little changed after minutes from the latest Federal Reserve meeting indicated officials expect inflation to remain persistently low even as support for an interest-rate...


Bitcoin drawing some of the world's fastest traders

(c) 2017, Bloomberg. Electronic-trading firms that have already transformed markets from stocks to foreign exchange to futures are diving into bitcoin and other cryptocurrencies. Five of the biggest electronic traders in the world are already trading bitcoin. Jump Trading, Tower Research Capital...


Deere signals tractor market turnaround with sales recovery

(c) 2017, Bloomberg. Agricultural markets can stay depressed longer than farmers can keep their old tractors rolling -- at least that’s if Deere & Co. is any guide. Deere on Wednesday reported its first increase in annual sales in four years, the latest sign that the company is finally climbing out...


Black Friday retail-sales forecasts are always off the mark

(c) 2017, Bloomberg View. It’s that time of year when we all gather to give thanks for our blessings, overindulge in various foodstuffs, and, of course, go shopping. Shopmas is also the time of the year when I call out the National Retail Federation for their bogus retail forecasts; they return the...


Goldman says `Fragile Five' a misnomer as catchphrases can burn

(c) 2017, Bloomberg. Wall Street got it wrong on BRICs and PIGS. Now, some of the world’s largest money managers say the newly minted members of the “Fragile Five” are actually fairly sturdy. Goldman Sachs Asset Management, T. Rowe Price Group and BlackRock Inc. are among investors buying bonds...


Samsung, LG investors unfazed by US trade move on washers

(c) 2017, Bloomberg. Shares of South Korean appliance makers rose as investors shrugged off a recommendation by U.S. trade officials that President Donald Trump impose tariffs on foreign-made washing machines they say are undercutting domestic manufacturers. Commissioners from the U.S....

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