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Disney and Comcast seek advisor to resolve Hulu valuation, sources say
Anirban Sen and Dawn Chmielewski, Reuters | Posted May 6 - 2:45 p.m. | Save Story
Walt Disney and Comcast are seeking to hire a financial adviser to resolve a dispute over how to value the 33% stake in streaming platform Hulu that the former will acquire from the latter, according to people familiar with the matter.
Fewer low-income Americans took out mortgages in 2023, study says
Kannaki Deka, Reuters | Updated May 6 - 10:12 a.m. | Save Story
Fewer low-income Americans took out mortgage loans last year than 2020, real estate broker Redfin said in a report on Monday, as steep interest rates make buying a home less affordable.
Ryan Smith emerging as new power broker in the sports industry
Dennis Romboy, Deseret News | Posted May 6 - 6:20 a.m. | Save Story
Experts say Ryan Smith is on the path to become a power broker in the sports industry after buying multiple teams, with the Arizona Coyotes being the latest.
Delegation that visited Utah visited the French Alps. Will France host 2030 Winter Games?
Lisa Riley Roche, Deseret News | Posted May 5 - 10:34 p.m. | Save Story
Even though questions remain about a 2030 Winter Games in the French Alps, France's bid team seemed assured after a visit by the same International Olympic Committee delegation that came to Utah last month.
How bird flu could threaten cow cuddling. Yes, it is a thing
P.J. Huffstutter, Reuters | Posted May 5 - 7:04 p.m. | Save Story
Cuddling dairy or beef cattle can be therapeutic, or simply an adventure for city dwellers looking for good old country fun. But this practice of opening the barn door to the public is facing a new risk, as the U.S. Department of Agriculture confirmed bird flu in dairy herds in nine states.
Americans have tipping fatigue. Domino's thinks it has the answer
Nathaniel Meyersohn, CNN | Posted May 5 - 11:34 a.m. | Save Story
Pizza chain Domino's aims to tap into the exasperation with tipping. Not by eliminating tips, however. Instead, Domino's is encouraging tipping even more.
NHL looking to hire people to work Utah hockey club games
Dennis Romboy, Deseret News | Posted May 5 - 8:29 a.m. | Save Story
While the players will be working on the ice, the National Hockey League is looking for people to work off the ice during the Utah hockey club's upcoming season in Salt Lake City.
An AI-controlled fighter jet took the Air Force leader for a historic ride. What that means for war
Tara Copp, Associated Press | Posted May 4 - 4:50 p.m. | Save Story
An experimental F-16 fighter jet has taken Air Force Secretary Frank Kendall on a history-making flight controlled by artificial intelligence and not a human pilot.
How Salt Lake's newest development turned 'blight into great beauty'
Carter Williams, KSL.com | Posted May 4 - 4:05 p.m. | Save Story
The Post District in Salt Lake City is now complete after six years of planning and construction. Its developers say they hope it sets up a blueprint for the city's growth.
NetChoice files updated complaint against Utah social media law
Hanna Seariac, Deseret News | Posted May 4 - 11:01 a.m. | Save Story
Utah changed its social media law that is scheduled to go into effect on Oct. 1. It may face more challenges in the courts.
8 tons of ground beef sold at Walmart locations recalled for possible E. coli
Samantha Delouya, CNN | Posted May 3 - 7:32 p.m. | Save Story
More than 16,000 pounds of raw ground beef products were recalled by the U.S. Department of Agriculture on Wednesday on concerns the meat may be contaminated with E. coli.
Maui sues cell carriers over wildfire warning alerts that were never received during service outages
Jennifer Sinco Kelleher, Associated Press | Updated May 3 - 5:43 p.m. | Save Story
Maui County is suing major cellular carriers for failing to properly inform police of widespread service outages during the height of last summer's deadly wildfire. The county is suing Verizon Wireless, T-Mobile USA, Spectrum Mobile and AT&T.
Rue21 files for bankruptcy and will close all of its stores, including 5 in Utah
Jordan Valinsky, CNN | Posted May 3 - 1:35 p.m. | Save Story
Rue21, a mall staple for teen apparel, is going out of business and closing all 540 of its stores within the coming weeks.
Largest US health insurer says a third of Americans exposed in massive data hack
Art Raymond, Deseret News | Posted May 3 - 1:07 p.m. | Save Story
UnitedHealth Group CEO Andrew Witty told a congressional committee Wednesday that hackers breached a subsidiary of his company, the country's largest health insurer, by stealing a password and gaining access through a system that lacked multifactor authentication.
Major US newspapers sue Microsoft, OpenAI over alleged copyright violations
Art Raymond, Deseret News | Posted May 3 - 9:37 a.m. | Save Story
A group of eight U.S. newspaper publishers filed a lawsuit in New York federal court on Tuesday, claiming Microsoft and artificial intelligence developer OpenAI broke copyright law by using the newspapers' online content to develop AI tools.
US employers scaled back hiring in April but still added 175,000 jobs in the face of higher rates
Paul Wiseman, Associated Press | Posted May 3 - 8:18 a.m. | Save Story
The nation's employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market.
Sony Pictures and private equity firm interested in buying Paramount for $26B
Matt Ott and Paul Harloff, Associated Press | Posted May 3 - 6:56 a.m. | Save Story
Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, a source says.
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
Fatima Hussein, Associated Press | Updated May 2 - 9:33 p.m. | Save Story
The IRS says it's taken steps to address a wide disparity in audit rates between Black taxpayers and others filers. And the agency is more closely examining the returns of larger numbers of wealthy people and major companies.
