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Last Updated Jun 23, 2017 08:12AM

Oil is back in a bear market and investors remain unmoved by last month’s agreement to prolong supply cuts, leaving OPEC and its allies with few remaining tools to boost prices. As Saudi Arabia, Russi...

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  • Airbnb said to ready a premium tier to compete more with hotels
    Airbnb is close to launching a new service that will match guests with quality-inspected home and apartment rentals. The product is intended to attrac...
    Updated Jun 23 2017 08:09 am   |     |   Share
  • Madoff clients fighting for fortunes get help - from the con man
    Dozens of Bernard Madoff’s early investors are getting help from an unlikely source in a fight to keep their profits: the con man himself. From his fe...
    Updated Jun 23 2017 08:03 am   |     |   Share
  • FILE - This undated file photo released by the National Oceanic and Atmospheric Administration shows deep-sea spiral coral during a dive on the New England Seamount chain in the North Atlantic Ocean. A federal panel is considering new protections Thursday, June 22, 2017, for deep-sea corals in the Atlantic Ocean that would impact commercial fishing interests off New England. Environmental organizations have come out in support of one of the proposed options, while fishing groups have opposed it, citing a host of regulations they already face. (NOAA Office of Ocean Exploration and Research via AP, File) Group to protect some Atlantic corals, not others
    Portland, Maine • A federal panel voted on Thursday to offer new protections to some deep-sea corals in the Atlantic Ocean but held off on protecting ...
    Updated Jun 22 2017 05:39 pm   |     |   Share
  • This photo provided by Genentech, the Roche Group’s biologic drug unit, shows vials of Rituxan Hycela. On Thursday, June 22, 2017, the Food and Drug Administration approved Rituxan Hycela, a more convenient version of a blockbuster drug for treating three common blood cancers. (Genentech via AP) FDA approves quicker drug for blood cancers
    U.S. regulators have approved a more convenient version of a blockbuster drug for treating three common blood cancers. The Roche Group’s Rituxan, on t...
    Updated Jun 22 2017 05:30 pm   |     |   Share



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  • Facebook CEO Mark Zuckerberg, right, speaks with panelists at the Facebook Communities Summit, Thursday, June 22, 2017, in Chicago. Zuckerberg announced a new Facebook initiative designed to spur people to form more meaningful communities with Facebook’s groups feature. From left are Lola Omolola, Erin Schatteman and Janet Sanchez, who run popular Facebook groups. (AP Photo/Teresa Crawford) Facebook nudging you into ‘meaningful’ online groups
    San Francisco • At Facebook, mere “sharing” is getting old. Finding deeper meaning in online communities is the next big thing. CEO Mark Zuckerberg is...
    Updated Jun 22 2017 05:27 pm   |     |   Share
  • FILE - In this June 6, 2017, file photo, U.S. Energy Secretary Rick Perry speaks during the carbon capture, utilization and storage event, on the sidelines of the clean energy conference held at the China National Convention Center in Beijing. Republicans and Democrats are denouncing President Donald Trump’s proposed energy budget, and even Perry is distancing himself from the plan.  As senators condemned the budget at a hearing June 22, Perry made it clear he did not have a say on the request submitted to Congress. Perry told the Senate energy panel that the $28 billon proposal “was written before I got here,’’ adding: “My job is to defend it.’’  (AP Photo/Andy Wong, File) EPA sets rules to regulate toxic chemicals
    Washington • The Environmental Protection Agency issued new rules and other documents Thursday outlining how it will regulate toxic chemicals under a ...
    Updated Jun 22 2017 05:24 pm   |     |   Share
  • FILE - In this Jan. 15, 2015, file photo, a new Qatar Airways Airbus A350 approaches the gate at the airport in Frankfurt, Germany. Qatar Airways is attempting to buy a 10 percent stake in American Airlines, triggering U.S. antitrust oversight over deals of such size. American said in a regulatory filing Thursday, June 22, 2017, that the bid was unsolicited, but that there have been conversations between the CEOs of both airlines. (AP Photo/Michael Probst, File) Qatar Airways interest in American is ‘puzzling’
    Dallas • Qatar Airways wants to buy 10 percent of American Airlines, a move cloaked so heavily in international trade and politics that American’s CEO...
    Updated Jun 22 2017 05:24 pm   |     |   Share
  • FILE - This Sept. 13, 2014, file photo, shows the Chase bank logo in New York. On Thursday, June 22, 2017, the Federal Reserve said all of the 34 largest U.S. banks are fortified enough to withstand a severe U.S. and global recession and continue lending. The banks undergoing the seventh annual check-up included JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo and Co., which are the four biggest U.S. banks by assets. (AP Photo/Frank Franklin II, File) Fed: Biggest U.S. banks can withstand recession
    Washington • All of the 34 largest U.S. banks are fortified enough to withstand a severe U.S. and global recession and continue lending, the Federal R...
    Updated Jun 22 2017 08:46 pm   |     |   Share
  • American Airlines gains; Steelcase, Accenture fall
    New York • Stocks that moved substantially or traded heavily Thursday: • American Airlines Group Inc., up 54 cents to $48.97 The company said Qatar ...
    Updated Jun 22 2017 05:09 pm   |     |   Share
  • Traders Andrew Silverman, left, and James Lamb work on the floor of the New York Stock Exchange, Thursday, June 22, 2017. (AP Photo/Richard Drew) U.S. stocks hold steady as oil’s dismal week eases
    New York • U.S. stock indexes held steady Thursday after the price of oil halted its slide, at least for now. Energy stocks fell again, but not by nea...
    Updated Jun 22 2017 05:09 pm   |     |   Share
  • Sorenson ventures into financing early-stage companies
    Lehi-based private equity firm Sorenson Capital has formed a new offshoot to focus on early-stage enterprise software and security investments — and b...
    Updated Jun 22 2017 04:18 pm   |     |   Share
  • First-of-Its-kind clean coal plant may not burn coal at all
    A first-of-its-kind “clean coal” power plant that utility owner Southern Co. has spent years constructing in Mississippi may end up burning no coal at...
    Updated Jun 22 2017 01:23 pm   |     |   Share
  • A new platform for Whole Foods? How deal could upend grocery
    New York • Seeing Whole Foods products first in Amazon searches? Breezing through the grocer’s stores with an app that scans affordable fruits and sea...
    Updated Jun 22 2017 09:21 am   |     |   Share
  • In this Monday, June 19, 2017, photo, a person works on a laptop in North Andover, Mass. Telecommuting has become synonymous with convenience, flexible schedules and, yes, pajamas. You don’t have to commute, spend money on transportation or dress up. But despite the appeal and laid-back reputation, there are challenges. (AP Photo/Elise Amendola) Are you cut out for a work-from-home job?
    Telecommuting has become synonymous with convenience, flexible schedules and, yes, pajamas. You don’t have to commute, spend money on transportation o...
    Updated Jun 22 2017 08:42 am   |     |   Share
  • (Tribune file photo)   | Al Hartmann   Gov. Gary Herbert, right, chatted with Nathan Rose and Tammy Pyferin mid-March when he launched the application process for $2.1 million in ’Talent Ready Utah’ grants, funding that has been awarded to a dozen partnerships around the state. One Utah idea to train workers of the future: Kids as tech support in their own schools
    Utah kids need tech skills. Utah school districts need tech support. In a match funded by the state, the Millard School District will create a way for...
    Updated Jun 22 2017 07:25 pm   |     |   Share
  • This image provided by the National Eye Institute shows a microscopic image of a retina being damaged by the so-called “dry” form of age-related macular degeneration. An experimental drug is showing promise against an eye disease that blinds older adults. Age-related macular degeneration gradually erodes seniors’ central vision, making it difficult to read or see faces. (National Eye Institute via AP) Drug shows promise against vision-robbing disease in seniors
    Washington • An experimental drug is showing promise against an untreatable eye disease that blinds older adults — and intriguingly, it seems to work ...
    Updated Jun 21 2017 05:33 pm   |     |   Share
  • Ruling on Dakota pipeline months away
    Bismarck, N.D. • A federal judge won’t decide until later this year whether to shut down the disputed Dakota Access oil pipeline while federal officia...
    Updated Jun 21 2017 05:12 pm   |     |   Share
  • House GOP reviving privatizing air traffic control
    New York • With a boost from President Donald Trump, House Republicans are reviving efforts to shift responsibility for the nation’s air traffic contr...
    Updated Jun 21 2017 05:06 pm   |     |   Share
  • FILE - In this Friday, Sept. 16, 2016 file photo, a woman receives a flu vaccine shot at a community fair in Brownsville, Texas. On Wednesday, June 21, 2017, U.S. health officials released new estimates showing the previous winter’s flu vaccine was ineffective in protecting older Americans against the illness, even though the vaccine was well-matched to the flu bugs going around. (Jason Hoekema/The Brownsville Herald via AP) Flu vaccine ineffective for people 65+ last winter
    New York • The flu vaccine did a poor job protecting older Americans against the illness last winter, even though the vaccine was well-matched to the ...
    Updated Jun 21 2017 05:06 pm   |     |   Share
  • Traders Sal Suarino, left, and Patrick Casey work on the floor of the New York Stock Exchange, Wednesday, June 21, 2017. Stocks are opening slightly higher on Wall Street, led by gains in health care and technology companies. (AP Photo/Richard Drew) Energy stocks dive anew, offset technology gains
    New York • Energy stocks dove again on Wednesday as oil dropped to its lowest price since last summer, extending their dismal start to the year. Gains...
    Updated Jun 21 2017 03:39 pm   |     |   Share
  • Adobe, FedEx gain; Actuant, Whirlpool fall
    New York • Stocks that moved substantially or traded heavily Wednesday: • FedEx Corp., up $3.35 to $212.30 The package delivery service reported qua...
    Updated Jun 21 2017 03:39 pm   |     |   Share
  • Briefs: CoreLife, hearing, Diamonds, Domo, Fresenius, Summit Vista
    CoreLife Eatery to host Huntsman Cancer Institute benefit CoreLife Eatery, a Utah County fast food restaurant that says it focuses on healthy and af...
    Updated Jun 21 2017 02:50 pm   |     |   Share
  • Al Hartmann  |  The Salt LakeTribune Linda McMahon, administrator of the U.S. Small Business Administration and member of the presidentís cabinet, tours Manuelís Fine Foods in Woods Cross with Paul Torres, one of the owners.  The company  started in 1938, Manuelís Fine Foods and is a multi-generational Latino-owned business that manufactures tortillas and tortilla chips that are sold nationally under the private labels Don Julio and Clover Club. Paul Torres, is a grandchild of the original founders.  One of the reasons the administrator selected Salt Lake City for a visit is because of the cityís outstanding small business environment. Trump is 'unbelievably supportive of small businesses,' federal official tells Utahns
    President Donald Trump is “unbelievably supportive of small businesses” and is committed to helping them succeed through tax reform, rolling back gove...
    Updated Jun 21 2017 10:22 pm   |     |   Share
  • FILE - In this Sunday, Feb. 26, 2017, file photo, Uber CEO Travis Kalanick arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Kalanick resigned under pressure from investors at a pivotal time for Uber. Uber’s board confirmed the move early Wednesday, June 21, saying in a statement that Kalanick is taking time to heal from the death of his mother in a boating accident ’while giving the company room to fully embrace this new chapter in Uber’s history.’ (Photo by Evan Agostini/Invision/AP, File) Uber CEO pushed out as company tries to clean up act
    Under Travis Kalanick’s leadership, Uber’s “Animal House”-style business plan was to grow as quickly as possible, steamrolling regulators while flouti...
    Updated Jun 21 2017 05:54 pm   |     |   Share