Utah & U.S. Business & Finance News
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Trump seeks additional $11 billion in farm aid
Leah Douglas, Reuters | Posted June 24 - 4:00 p.m. | Save Story
President Donald Trump on Wednesday asked Congress to approve more than $11 billion in additional aid for farmers facing high fuel and fertilizer costs since the Iran war.
Utah's largest solar, battery farm now online in Emery County
Logan Stefanich, KSL | Posted June 24 - 3:00 p.m. | Save Story
Utah on Monday became home to one of the largest solar power and energy storage projects in the nation when Salt Lake City-based rPlus Energies kicked off operations in Emery County.
Camp Mystic in Texas files for bankruptcy after catastrophic floods killed 28 people
Kathy Mccormack, Associated Press | Updated June 24 - 11:39 a.m. | Save Story
Camp Mystic filed for Chapter 11 bankruptcy reorganization on Wednesday, nearly a year after floods killed 25 girls and two teenage counselors at the all-girls Christian camp in Texas.
Celebration of IOC's Olympic Day includes a workout for Salt Lake kids
Lisa Riley Roche, Deseret News | Updated June 24 - 10:56 a.m. | Save Story
Nine-year-old Eevie Sayana shyly acknowledged how much fun it was to win a round of Simon Says played with a pair of Olympians Tuesday to mark the internationally celebrated Olympic Day.
Appeals court says presidents aren't beyond review in monument disputes
Emma Pitts, Deseret News | Posted June 24 - 8:09 a.m. | Save Story
The U.S. Court of Appeals for the Tenth Circuit reversed a lower court ruling on monument designations by reviving a thrown-out case against the federal government on Tuesday.
Rio Tinto sees lithium as fastest-growing division, executive says
Ernest Scheyder, Reuters | Posted June 24 - 6:35 a.m. | Save Story
Rio Tinto. expects its lithium business to grow faster than its copper, iron ore and other divisions as it works to triple production by 2028 for the electric vehicle and battery storage markets.
Car crashes into American Fork shop, forcing closure on Father's Day
Debbie Worthen, KSL | Posted June 23 - 8:00 p.m. | Save Story
A small Utah County business is closed until further notice after a car slammed through its storefront on Father's Day.
House passes affordable housing bill, sending it to Trump for enactment
Richard Cowan, Reuters | Posted June 23 - 7:29 p.m. | Save Story
The House of Representatives passed bipartisan legislation on Tuesday that aims to speed the construction and availability of more affordable housing, sending it to President Donald Trump to be signed into law.
Salt Lake City to begin requiring business licenses for short-term rentals
Carter Williams, KSL | Posted June 23 - 7:04 p.m. | Save Story
Utah's capital city is now cracking down on recent short-term rental challenges through an ordinance that will require business licenses to operate them.
SoFi deepens AI-powered trading ambitions with Composer deal
Manya Saini, Reuters | Updated June 23 - 12:50 p.m. | Save Story
Financial services firm SoFi said on Tuesday it has bought Composer, an AI startup that helps retail investors build and execute sophisticated trading strategies that have long been the preserve of Wall Street firms.
Meta launches cheaper range of AI smart glasses starting at $299
Zaheer Kachwala, Reuters | Posted June 23 - 10:17 a.m. | Save Story
Meta Platforms and EssilorLuxottica on Tuesday announced a new range of lower-cost AI smart glasses, building on the success of their Ray-Ban wearable devices.
Blackstone plans $30 billion investment in Japan AI data centres, Nikkei reports
Reuters | Updated June 23 - 10:09 a.m. | Save Story
Blackstone is planning to invest $30 billion in Japan's artificial intelligence data centers over the next three to five years, its president and chief operating officer Jonathan Gray told Nikkei in a recent interview, the business daily reported on Tuesday.
Does the Vesper Amphitheater follow Provo's hillsides and canyons preservation guidelines?
Cassidy Wixom, KSL | Posted June 23 - 10:01 a.m. | Save Story
Opponents of the proposed Vesper Amphitheater project claim the proposal violates the city's "Hillsides and Canyons Plan" but the project owners say it actually fulfills the city's goals.
Supplement company asks questions despite its 'no questions asked' return policy
Matt Gephardt and Sloan Schrage, KSL | Posted June 22 - 10:20 p.m. | Save Story
If a company promises you a "no questions asked" return policy — be sure to save any mentions of that promise: ads, emails, take screenshots and keep receipts.
Fireworks sales begin Wednesday amid widespread fire restrictions, active wildfire season
Brenna Donnelly, KSL | Posted June 22 - 9:50 p.m. | Save Story
Firework sales begin Wednesday in Utah, but state and local officials are urging residents to think twice before lighting them, as dry conditions fuel one of the state's most active wildfire seasons.
Here's how Utah develops Olympic athletes
Lisa Riley Roche, Deseret News | Posted June 22 - 8:40 p.m. | Save Story
The Sports Tourism Symposium at America First Field was held in Sandy on Wednesday. Casey Dawson credited his success to the opportunity to try a wide range of sports while growing up in Park City.
Top auto regulator opens probe after a Tesla slams into a Texas home, killing a 76-year-old
Bernard Condon, Associated Press | Posted June 22 - 7:55 p.m. | Save Story
The top U.S. auto regulator opened an investigation Monday after a Tesla using an automated driving feature slammed into a Texas home at high speed and killed a 76-year-old woman standing inside.
The 'gatekeepers' are gone: What that means for Utah musicians
Eric Cabrera, KSL | Posted June 22 - 6:00 p.m. | Save Story
For decades, breaking into the music business meant convincing a handful of powerful gatekeepers that your song deserved to be heard.
