Business

Ogden company settles with feds over alleged discrimination law violations

Setpoint 004-5

Setpoint Systems, an engineering company located at 2835 Commerce Way, only hired U.S. citizens and...

Business

AP Top Business News at 5:34 a.m. EDT

OPEC agrees to pump more oil but crude prices jump anyway Xiaomi seeks to raise up to $6.1 billion in Hong Kong IPO Police: Backup driver in fatal Uber crash was distracted Car dealers gear up for Saudi women to hit the roads Johnson urges clean Brexit, 2 years after UK vote to quit EU The Latest:...


Business

Johnson urges clean Brexit, 2 years after UK vote to quit EU

Britain Brexit Two Tribes

LONDON (AP) — Leading Brexit supporters are talking tough, and opponents are taking to the streets, on the second anniversary of Britain’s vote to leave the European Union. Saturday marks two years since a June 23, 2016 referendum resulted in a decision to quit the 28-nation EU. Britain is due to...


Business

Xiaomi seeks to raise up to $6.1 billion in Hong Kong IPO

Hong Kong Xiaomi IPO-9

SEOUL, South Korea (AP) — Xiaomi Corp. plans to raise up to $6.1 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide brand alongside Apple, Google and Amazon. The initial public offering in Hong Kong would value the Beijing-based company at as...


National Business

Chicago Cubs owners in talks to purchase AC Milan

MILAN (AP) — The Ricketts family that owns the Chicago Cubs says it is negotiating to purchase the debt-ridden AC Milan soccer team. The Milan office of the Edelman public relations firm, which has been hired to represent the Ricketts, says the entire family is interested in Milan for “a medium- to...


Business

2 years on, Brexit vote has taken a toll on UK economy

Britain Brexit Two Tribes

LONDON (AP) — While it’s still unclear what Brexit will look like when it happens next year, the decision to leave has already had a clear effect on the economy: households are poorer, companies are more cautious about investing, and the property market has cooled. In the two years since the vote...


Business

Facebook's battle against fake news now extends to Mexico

(c) 2018, The Washington Post. MEXICO CITY - This spring, a doctored image claiming that the wife of the leading Mexican presidential candidate was the granddaughter of a Nazi ricocheted across Facebook and its messaging service, WhatsApp. The post, shared 8,000 times before it was disproved, was...


Business

BLM agrees to pay energy company $1.5M for canceled leases

GRAND JUNCTION, Colo. (AP) — The Bureau of Land Management has agreed to pay SG Interests $1.5 million after the energy company sued over the cancellation of 18 oil and gas leases covering more than 30 square miles (78 square kilometers) in the Thompson Divide area in western Colorado. The...


Police & Fire

Prosecutors: Phony letter to judge sought leniency for Bountiful fraud convict

Daniel Scott Frischknecht WEB ONLY

A fired Bountiful bank manager who stole $565,000 and bought a house with the loot is now charged with writing a fake letter from his new employer urging lenience at his fraud sentencing.


Business

Car dealers gear up for Saudi women to hit the roads

Saudi Arabia

RIYADH, Saudi Arabia (AP) — Cradling her four-month-old daughter, Nour Obeid scans the car showroom and heads to the mid-sized SUVs. In the past, a woman looking to buy a car in Saudi Arabia would focus on the features in the back, but Obeid is checking out the driver’s seat, picturing herself...


Business

Airbus threatens to leave Britain in case of no-deal Brexit

Britain Airbus

LONDON (AP) — Aviation giant Airbus is threatening to leave Britain if the country exits the European Union without an agreement on trade relations, underscoring the concerns of business leaders who say the government is moving too slowly. Airbus, which employs about 14,000 people at 25 sites in...


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