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

Sales of existing U.S. homes fall unexpectedly in January

(c) 2018, Bloomberg. Sales of previously owned U.S. homes unexpectedly fell in January to a four-month low, indicating a shortage of available properties is increasingly hindering the real-estate industry, a National Association of Realtors report showed Wednesday. --Contract closings fell 3.2% m/m...


Business

Spotify's founders aren't giving up control any time soon

(c) 2018, Bloomberg. Spotify’s co-founders are taking a page from the Google-Facebook playbook, with plans to maintain control over the music service after its stock listing by holding shares with super voting power, according to three people with knowledge of the matter. Chief Executive Officer...


Business

A Louisiana sheriff just denied a tax exemption for a local small business. Can he do

Special To The Washington Post. Shreveport-based Inferno Manufacturing is a 21-person maker of high pressure valves and gaskets used in the oil industry. In 2016, the company bought a $480,000 piece of machinery that it says will increase its production capabilities and also add three employees. As...


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, placing the market on track to recoup some of its losses from a day earlier. Real estate companies lagged the most. Newly released minutes from the Federal Reserve’s most recent meeting of policymakers bolstered...


Business

Small-business sentiment is no help to investors

(c) 2018, Bloomberg View. President Donald Trump took a brief break from tweeting about Russian electoral interference (” No Collusion!”), #MeToo ( Fake News!) and gun violence ( Very Sad!) to tweet about small-business optimism. This is an issue near and dear to me, involving actual business...


Business

Soybeans could dethrone corn as U.S. crop king after 35 years

(c) 2018, Bloomberg. For the first time in 35 years, soybeans are poised to steal the crown of U.S. crop king from corn. American farmers are set to increase their soy plantings to a record 90.69 million acres, according to the average estimate in a Bloomberg survey of 21 trading firms and analysts....


Business

Tahoe ski resort develops plan to adapt to low-snow seasons

RENO, Nev. (AP) — A Lake Tahoe ski resort is developing a plan to improve skiing during low-snow seasons by removing boulders and trees from several runs. Heavenly Mountain Resort’s plan calls for widening a dozen trails and removing potentially hundreds or even thousands off trees. The hope is to...


Business

With Google and Amazon at $1,000, a market fixture goes hungry

(c) 2017, Bloomberg. What’s more important, being in the Dow Jones Industrial Average, or showing the world you’re too cool for conventions like splitting your shares? It’s a question that many are asking as the century-old benchmark tries to stay relevant in today’s tech-driven economy. At the...


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...


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