Business

By the time it's built out, BDO employee population will grow by 70 percent

BZ 031815 BDO 04-3

By the time the Business Depot Ogden is built out — a milestone officials say should occur...

Business

Investors abandon trapped Canada oil as pipeline woes deepen

(c) 2018, Bloomberg. Canada’s energy companies can’t get any love, even from many Canadians. With pipeline, regulatory and political frustrations reaching new heights, the nation’s energy stocks slumped to their lowest level in almost two years this month. The iShares S&P/TSX Capped Energy Index...


Business

Analysis: Mark Zuckerberg says he wants to fix Facebook. His employees keep getting in

(c) 2018, The Washington Post. SAN FRANCISCO -- Mark Zuckerberg has mandated wholesale change at Facebook after a year during which the company was rocked by Russian meddling, fake news, and controversies over its role in a democracy. But there’s an apparent gap between what the big boss wants and...


Business

Technology companies, banks lead gains for US stocks

Financial Markets Wall Street

Gains in technology, banks and industrial companies drove U.S. stocks higher Wednesday as investors sized up the latest company earnings news. Consumer goods companies lagged the most. The latest gains put the market on track to recoup some of its losses from a day earlier. KEEPING SCORE: The...


Business

Tahoe ski resort plans changes to adapt to climate change

RENO, Nev. (AP) — A Lake Tahoe ski resort is developing plans to remove boulders and trees from several runs that make skiing more difficult during low-snow seasons, which are expected to become more common due to climate change. Heavenly Mountain Resort’s plans currently under review by the Forest...


Business

Little-known startup hits $30 billion valuation

(c) 2017, Bloomberg View. China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30 billion valuation that puts it ahead of high-fliers like Airbnb and Space X. Never heard of Meituan? You’re not alone. The Beijing-based company, led by Wang Xing, is almost...


Business

Expedia's new CEO aims to become household name around globe

(c) 2017, Bloomberg. Travel booking giant Expedia has websites in more than 35 languages, makes at least 40 percent of its revenue outside the U.S. and has offices in 30 different countries. Still, that’s not global enough for new Chief Executive Officer Mark Okerstrom. Okerstrom, who took over at...


Business

Pratt reins in latest threat to $10 billion jet-engine program

(c) 2018, Bloomberg. Pratt & Whitney succeeded in tamping down the latest crisis to threaten its $10 billion next-generation jet-engine program, with a temporary fix that will keep Airbus planes flying until a permanent solution is found. Pratt, a unit of United Technologies, scrapped a newly...


Business

White House wants to create a commercial space czar to oversee SpaceX and others

(c) 2018, The Washington Post. WASHINGTON - The National Space Council on Wednesday, headed by Vice President Mike Pence, announced a recommendation to consolidate space commerce responsibilities under the Commerce Department, while creating a sort of space czar - an undersecretary of space...


Business

Conservative Twitter users lash out after followers vanish

(c) 2018, Bloomberg. Some conservative Twitter users are accusing the company of unfairly targeting their followers as it steps up efforts to get rid of fake accounts. Prominent conservative pundits and activists said Wednesday that thousands of their followers had been deleted overnight. Other...


Business

Vancouver's hot housing market gets tougher for wealthy Chinese

(c) 2018, Bloomberg. Vancouver, one of the hottest housing markets in North America, is getting a little tougher for wealthy Chinese buyers. British Columbia Finance Minister Carole James announced measures targeting foreign buyers and speculators in the first budget since her government was...


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