Business

Business

China criticizes US moves on intellectual property, telecoms

China US Fake Goods

BEIJING (AP) — China on Thursday criticized recent moves by the U.S. targeting the sale of fake goods and Chinese telecoms equipment, saying Washington lacks “objectivity” in its approach to Chinese businesses. Separately, the foreign ministry sought to deflect accusations that China is requiring...


Business

Walmart to provide drug disposal powder in hopes of thwarting painkiller abuse

(c) 2018, The Washington Post. In an effort to help fight the nation’s opioid epidemic, Walmart is giving its pharmacy customers a free drug disposal product to help customers safely discard of painkillers they don’t want or need. A small packet of DisposeRX powder will be automatically handed to...


Business

Google, Twitter face more questions in Washington over Russian interference

(c) 2018, The Washington Post. WASHINGTON - Twitter is planning to notify users who may have been exposed to Russian propaganda during the 2016 presidential election, the company’s head of public policy told a Senate panel Wednesday. The initiative follows Facebook’s move, announced last year, to...


Business

Weber County economic development head out as officials rework approach

Doug Larsen

Douglas Larsen stepped down Jan. 11 as head of the Weber Economic Development Partnership after 5 1/2 years in the post and more than 20 years in county government in all.


Government

'Very strong' Democratic sentiment to oppose GOP budget bill

Budget Battle-1

WASHINGTON (AP) — Top Senate Democrat Chuck Schumer said Wednesday there’s “very, very strong” sentiment among Democrats in the chamber to oppose GOP-drafted legislation to keep the government’s doors open, comments that could indicate the chances are increasing that the government could shut down...


Business

Asian shares advance after Wall Street rally; eyes on China

Japan Financial Markets-8

Shares were broadly higher in Asia on Thursday after a rally on Wall Street that took the Dow Jones industrial average to its first close above 26,000. Traders are awaiting the release of Chinese GDP figures later Thursday. KEEPING SCORE: Japan’s benchmark Nikkei 225 jumped 0.7 percent to 24,050.53...


Business

Apple banks on tax break to build 2nd campus, hire 20,000

Apple-Investments

SAN FRANCISCO (AP) — Apple is planning to build a new corporate campus and hire 20,000 U.S. workers in an expansion driven in part by a tax cut that will enable the iPhone maker to bring an estimated $245 billion back to its home country. The pledge announced Wednesday comes less than a month after...


Business

Apple pledges to spend $350 billion, bring 20,000 jobs to US within next five years

(c) 2018, The Washington Post. Apple, the world’s most valuable company, said Wednesday it will spend $350 billion in development and create 20,000 jobs in the United States in the next five years, outlining for the first time how it will invest in the U.S. economy following the new tax law passed...


Business

Financial Markets Glance

Dow Jones Industrials High: 26,130.45 Low: 25,865.02 Close: 26,115.65 Change: +322.79 Other Indexes Standard&Poors 500 Index: 2802.56 +26.14 NYSE Index: 13,352.39 +105.53 Nasdaq Composite Index: 7298.28 +74.59 NYSE Amer Composite: 2714.93 +15.44 Russell 2000 Index: 1586.66 +13.69 Wilshire 5000...


Business

Stocks soar to records on earnings enthusiasm

(c) 2018, Bloomberg. U.S. stocks rose to fresh highs as companies continued to indicate the tax overhaul will boost earnings this year. Treasuries fell with gold and the dollar climbed on speculation Congress will avert a government shutdown. The S&P 500 index posted its biggest gain since November,...


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