Utah & U.S. Business & Finance News
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Xi tells Trump that mishandling of Taiwan could spark conflict
Trevor Hunnicutt and Mei Mei Chu, Reuters | Posted May 14 - 7:28 a.m. | Save Story
China's Xi Jinping said that trade talks were making progress at the start of a two-day summit on Thursday, but cautioned that disagreement over Taiwan could send relations down a dangerous path.
Trump Mobile starts shipping US-assembled T1 phones after months-long delay
Akash Sriram, Reuters | Posted May 13 - 10:25 p.m. | Save Story
Trump Mobile said on Wednesday it has begun shipping its long-delayed $499 T1 smartphones to customers, several months after the device was originally slated for release in August.
Allegiant Air and Sun Country complete merger, creating larger budget airline for travelers
Rio Yamat, Associated Press | Updated May 13 - 10:06 p.m. | Save Story
Allegiant Air said Wednesday it has completed its purchase of Sun Country Airlines, finalizing a deal that combines two low-cost carriers at a turbulent time for the budget airline industry.
More shoppers using short-term loans for essentials: Here's how to keep them in check
Matt Gephardt and Sloan Schrage, KSL | Posted May 13 - 9:36 p.m. | Save Story
To keep short-term loans in check, don't use them for staples. Paying for next week's groceries becomes even harder when you're still paying for last week's groceries.
Amid intense Box Elder County data center debate, another energy plan quietly edges ahead
Tim Vandenack, KSL | Posted May 13 - 7:11 p.m. | Save Story
Amid the intense debate surrounding a proposed data center and power-production project in Box Elder County a nuclear energy plant plan is quietly edging forward.
Meta launches WhatsApp 'incognito' mode to address privacy concerns for AI chats
Kelvin Chan, Associated Press | Updated May 13 - 6:03 p.m. | Save Story
Meta Platforms said Wednesday it's rolling out an "incognito" mode for WhatsApp users to have private conversations with its AI chatbot.
Warsh clinches Senate approval to be Fed's next chair as inflation intensifies
Nolan D. McCaskill and Ann Saphir, Reuters | Updated May 13 - 4:36 p.m. | Save Story
The Senate on Wednesday approved Kevin Warsh as chair of the Federal Reserve, putting the 56-year-old at the helm as the central bank grapples with intensifying inflation.
Operator of hantavirus-hit ship will say by week's end when the vessel will resume cruises
Elena Becatoros and Devi Shastri, Associated Press | Updated May 13 - 1:30 p.m. | Save Story
The operator of the cruise ship at the center of a hantavirus outbreak said that it expects to know by the end of the week if the vessel will keep to its schedule for the coming months.
Trump lands in China for Xi summit with Nvidia CEO in tow
Laurie Chen, Trevor Hunnicutt and Heejin Kim, Reuters | Updated May 13 - 8:20 a.m. | Save Story
President Donald Trump landed in Beijing accompanied by an entourage that included Nvidia's Jensen Huang and Elon Musk on Wednesday.
Box Elder County data center debate intensifies as foes, supporters trade barbs
Tim Vandenack, KSL | Posted May 13 - 6:15 a.m. | Save Story
The debate over a proposed Box Elder County data center is intensifying, with foes and supporters trading barbs and redoubling their efforts.
Bureau of Land Management just rescinded this public lands rule
Kevin Lind, Deseret News | Posted May 12 - 9:33 p.m. | Save Story
On Monday, the Bureau of Land Management issued a new rule "fully rescinding" the Conservation and Landscape Health Rule of May 2024.
Riverton business owner 'shocked' after alleged thief caught on camera
Dan Rascon, KSL | Posted May 12 - 8:39 p.m. | Save Story
A Riverton small business owner said she is frustrated and shaken after a woman allegedly stole hundreds of dollars' worth of merchandise right in front of her employee.
Waymo recalls 3,800 robotaxis over risk of entering flooded roads
David Shepardson, Reuters | Updated May 12 - 2:00 p.m. | Save Story
Waymo said on Tuesday it is recalling about 3,800 robotaxis in the United States after identifying a risk that vehicles could enter flooded roads with higher speed limits, raising safety concerns.
Most Big 12 schools not taking RedBird's $30M line of credit
Dennis Romboy, Deseret News | Posted May 12 - 11:00 a.m. | Save Story
A new deal with RedBird Capital Partners and Weatherford Capital offers each Big 12 school up to a $30 million line of credit. Most of the schools aren't taking it.
Ship operator and employee charged in deadly collapse of Baltimore bridge
Michael Kunzelman and Ed White, Associated Press | Posted May 12 - 10:54 a.m. | Save Story
Prosecutors have filed criminal charges against the operator of the ship that crashed into Baltimore's Francis Scott Key Bridge leading to the deaths of six construction workers in March 2024.
SLC Airport construction could cause delays, officials say
Tyrese Boone, KSL | Posted May 12 - 9:30 a.m. | Save Story
Drivers leaving Salt Lake City International Airport may experience delays starting Monday as crews begin a major repaving project on Terminal Drive.
Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle
Reuters | Updated May 12 - 8:20 a.m. | Save Story
Online fast-fashion platform Shein accused Temu of copyright infringement "on an industrial scale," while Temu countered that Shein is using litigation to stifle competition.
Federal judge rejects challenge to Utah's new kratom regulation law
Caitlin Keith, Deseret News | Posted May 12 - 8:05 a.m. | Save Story
A federal court in Utah last week stopped an attempt from a kratom manufacturer to block the state's new kratom regulation law.
