News

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...


Government

Fed officials: Stronger economy boosts chance for rate hikes

WASHINGTON (AP) — Federal Reserve officials at their January meeting believed that improving global economic prospects and the effects of recently passed tax cuts had raised the prospect for solid economic growth and for continued interest rate increases in 2018. The minutes of the Fed’s Jan. 30-31...


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...


Local

North Ogden residents file suit to halt Barker Park amphitheater construction

DM 020418 Barker Park Amphitheater 01-1

Construction started last November, but a group of residents who fear the facility will be disruptive started lobbying in January against the project.


State

Plan to repeal death penalty in Utah passes first vote

SALT LAKE CITY (AP) — A Republican state lawmaker’s plan to repeal the death penalty in deep-red Utah has cleared its first test. A legislative committee approved the bill Wednesday despite concerns from some lawmakers that the discussion was rushed and family members of victims weren’t given...


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...


Government

The Latest: Trump administration cautioned on bump stock ban

School Shooting Florida

WASHINGTON (AP) — The Latest on President Donald Trump and guns (all times local): 1:23 p.m. California Sen. Dianne Feinstein says the Trump administration lacks authority under current law to ban bump stocks, as President Donald Trump has urged. Feinstein, the top Democrat on the Senate Judiciary...


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...


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