Business

Prosecutors: Phony letter to judge sought leniency for Bountiful fraud convict

Daniel Scott Frischknecht WEB ONLY

A fired Bountiful bank manager who stole $565,000 and bought a house with the loot is now charged...

Business

Pro-EU protesters march in London, demand new vote on Brexit

Britain EU Brexit

LONDON (AP) — Tens of thousands of anti-Brexit protesters marched Saturday in London to demand a new referendum on leaving the European Union, as a divided Britain marked the second anniversary of its vote to quit the bloc. Leading Brexit supporters, meanwhile, warned the British government not to...


Business

AP Top Business News at 10:46 a.m. EDT

OPEC and allies agree to share oil production increase Xiaomi seeks to raise up to $6 billion in Hong Kong IPO Pro-EU protesters march in London, demand new vote on Brexit Police: Backup driver in fatal Uber crash was distracted Car dealers gear up for Saudi women to hit the roads The Latest: Auto...


Business

Xiaomi seeks to raise up to $6 billion in Hong Kong IPO

Hong Kong Xiaomi IPO-9

SEOUL, South Korea (AP) — Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide hardware-and-services brand alongside Apple, Google and Amazon. The initial public offering in Hong Kong...


National Business

OPEC and allies agree to share oil production increase

Austria OPEC Meeting

VIENNA (AP) — OPEC nations and oil-producing countries not in the cartel say they have agreed to share increased oil production a day after OPEC announced it would pump more crude oil — a move that should help contain the recent rise in global energy prices. Russia and other oil-producing allies...


Business

Florida gets high marks for handing of state finances

TALLAHASSEE, Fla. (AP) — Florida is getting high marks from a major ratings agency for a “sustained” and “robust” recovery from the Great Recession. Moody’s Investors Services upgraded the state’s bond rating to AAA. That’s the highest rating the agency awards and means Florida will pay lower...


Business

Online sellers consider how to comply with sales tax ruling

Supreme Court Sales Tax Small Businesses

NEW YORK (AP) — While a Supreme Court ruling on sales taxes will create more obligations and expenses for many small online retailers, owners are already thinking about how they’ll comply. The decision allows states to require out-of-state businesses to collect sales tax from customers in other...


Business

Oklahoma City pays marketing costs for some nonstop flights

OKLAHOMA CITY (AP) — Will Rogers World Airport in Oklahoma City has provided about $1.2 million in incentives over the past five years to airlines that provide nonstop flights to new destinations. The Oklahoman reports airlines that provide new nonstop flights on unserved routes can receive up to...


Business

Company plans Tulsa to Oklahoma City passenger rail service

TULSA, Okla. (AP) — A Kansas-based company is seeking proposals from private rail carriers to provide passenger service between Tulsa and Oklahoma City. The request for proposals by WATCO Companies of Pittsburg, Kansas, would create passenger rail service from downtown Tulsa through the cities of...


Business

A ghost army of the not-very-employed haunts Gulf rulers

(c) 2018, Bloomberg. Show up, swipe in. The routine is familiar to office workers everywhere. In Kuwait, it proved too much to ask. The government was trying to trim a wage bill that eats up more than half its budget -- an outlandish share even by Gulf standards. Last year, it required public...


Business

Google is training machines to predict when a patient will die

(c) 2018, Bloomberg. A woman with late-stage breast cancer came to a city hospital, fluids already flooding her lungs. She saw two doctors and got a radiology scan. The hospital’s computers read her vital signs and estimated a 9.3 percent chance she would die during her stay. Then came Google’s...


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