Money - The Salt Lake Tribune

On the Job: Learn how to avoid procrastination

Sat, 25 May 2013 01:01:06 MDT

On the Job: Learn how to avoid procrastination

by Anita Bruzzese Gannett

Published May 25, 2013 01:01AM MDT

Everyone has tasks they hate and put off for as long as they can, whether it’s cleaning out the garage or tackling expense reports at work. But what happens when that procrastination builds to the point your performance suffers on the job or you start to fall behind on your career plans? Procrastination often results when the task we are putting off evokes sadness, anger or fear, says Jude Bijou, a psychotherapist and author of Attitude Reconstruction. “Procrastination has been around forever,”...

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Small Talk: Made in the USA back in style for small businesses

Sat, 25 May 2013 01:01:06 MDT

Small Talk: Made in the USA back in style for small businesses

by Joyce M. Rosenberg The Associated Press

Published May 25, 2013 01:01AM MDT

When Martin Rawls-Meehan started making adjustable beds in 2004, it was a foregone conclusion that key parts would be made overseas. It was cheaper to manufacture in Taiwan than in the U.S. And from Taiwan it was easier to ship to customers in Asia. But this year, his company, Reverie, began making some of its beds entirely in a factory in New York. Shipping costs from Taiwan have soared between 50 percent and 60 percent since the company was founded. “Shipping costs are tremendous,” he says. “...

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Utah video game makers stay ahead by going mobile

Fri, 24 May 2013 21:36:42 MDT

Utah video game makers stay ahead by going mobile

by Vince Horiuchi The Salt Lake Tribune

Published May 24, 2013 09:36PM MDT

Scott Campbell, the president and CEO of Salt Lake City video game studio Eat Sleep Play, saw where the future of gaming was heading. For nearly two decades, Campbell had been designing games for consoles, from the original PlayStation in 1994 to the PlayStation 3 last year. But of late, the industry was clearly in transition — it was moving from the living-room boxes such as Nintendo Wii and Xbox 360, to tiny screens on mobile phones and computer tablets. Gaming-on-the-go is now king. “The deci...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Does Costco save you money?

Fri, 24 May 2013 21:36:42 MDT

Does Costco save you money?

by Jennifer Napier-pearce The Salt Lake Tribune

Published May 24, 2013 09:36PM MDT

Think about your last visit to a Costco or Sam’s Club, their brightly-lit stockrooms with aisles wide enough for a small flatbed, near the variety of a Middle Eastern bazaar without the haggling, and enough free samples to cover lunch on a Saturday. The charms of the warehouse experience tempt even the most ardent ‘local first’ consumers. But the question vexing cost-conscious shoppers remains, are you saving money? For the uninitiated, warehouse companies embrace a “stack ‘em deep and sell ‘em...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business news briefs

Fri, 24 May 2013 17:17:02 MDT

Business news briefs

staff And News Services

Published May 24, 2013 05:17PM MDT

Dreamliner flights to resume in May Japan’s All Nippon Airways, the launch customer for Boeing’s 787 “Dreamliner,” will resume commercial flights of the aircraft on Sunday, just over four months after the jets were grounded due to smoldering batteries. ANA said in a statement that it will run five commercial 787 flights in May, before regular, scheduled services begin on June 1. News Corp. OKs split in businesses News Corp. has approved plans to split its entertainment and publishing busine...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

EnergySolutions: Acquisition by ECP completed

Fri, 24 May 2013 17:16:02 MDT

EnergySolutions: Acquisition by ECP completed

by Steven Oberbeck The Salt Lake Tribune

Published May 24, 2013 05:16PM MDT

EnergySolutions Inc., the Salt Lake City-based nuclear waste company, said its acquisition by the private equity firm Energy Capital Partners was completed Friday. As a result, EnergySolutions said it notified the New York Stock Exchange it was withdrawing its common stock from listing. In a letter to the company’s employees, CEO David Lockwood said EnergySolutions was fortunate to have found a strong financial partner to help grow its business in the years ahead. “In addition to purchasing all ...

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Zions’ chairman defeats challenge to his leadership

Fri, 24 May 2013 17:10:03 MDT

Zions’ chairman defeats challenge to his leadership

by Paul Beebe The Salt Lake Tribune

Published May 24, 2013 05:10PM MDT

Zions Bancorp’s Harris Simmons on Friday easily beat another proposal to strip the role of chairman from him, when shareholders voted by a margin of two to one to reject the idea. Just 34 percent of the votes cast during the regional bank’s annual shareholder meeting favored activist shareholder Gerald Armstrong’s second proposal in three years to cleave the role from Simmons’ other duties of president and chief executive officer. Armstrong first proposed splitting the roles at Zions’ 2010 annua...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business events in Utah this week

Fri, 24 May 2013 16:25:02 MDT

Business events in Utah this week

the Salt Lake Tribune

Published May 24, 2013 04:25PM MDT

Convention Calendar Sunday Conduit 2013 Science Fiction & Fantasy Convention Radisson Hotel Salt Lake City downtown Attendance • 350 Runs through • Monday Tuesday Congress for the New Urbanism 2013 New Urbanism Congress The Grand America Attendance • 1,500 Runs through • June 3 Economic Calendar New economic numbers to be released this week include: Monday U.S. stock and bond markets • Closed for Memorial Day Tuesday S&P/Case-Shiller • Index of home prices for March and first ...

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Television ratings: KUTV-Channel 2 wins big in late news — again

Fri, 24 May 2013 15:21:59 MDT

Television ratings: KUTV-Channel 2 wins big in late news — again

by Scott D. Pierce The Salt Lake Tribune

Published May 24, 2013 03:21PM MDT

The headline for the local TV news ratings is beginning to look familiar — KUTV scores a big victory in the late-news ratings during the May sweeps. That’s 10 undisputed victories in a row for Channel 2 — it’s 11 if you count November 2010, when KUTV and KSL finished in a virtual tie. And, again, it wasn’t close. KUTV scored an 11.3 rating/22 share; KSL a 6.9/14; KSTU-Channel 13 a 5.4/10; and KTVX-Channel 4 a 3.4/7. The scores are based on live numbers as well as same-day DVR viewing for the Mon...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Tavaci rezoning application filed with Salt Lake County

Thu, 23 May 2013 22:22:49 MDT

Tavaci rezoning application filed with Salt Lake County

by Mike Gorrell The Salt Lake Tribune

Published May 23, 2013 10:22PM MDT

Tavaci is back. Developer Terry Diehl’s controversial proposal to transform the mouth of Big Cottonwood Canyon with a high-density project — which at one time included a hotel, commercial operations and perhaps 300 condominiums — has been revived in Salt Lake County’s planning and development process. Diehl’s company, Cottonwood Estates Development, has filed an application to rezone 47 acres on the northern flank of the canyon mouth from FR.5, which requires minimum half-acre lots, to “FM-10 F...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The do’s and don’ts of mortgages and refinancing

Thu, 23 May 2013 22:22:49 MDT

The do’s and don’ts of mortgages and refinancing

by Paul Beebe The Salt Lake Tribune

Published May 23, 2013 10:22PM MDT

With Utah’s recovery from the recession outpacing the nation, would-be homebuyers returning to the housing market are stepping into the best interest rate environment in memory. Rates for 30-year fixed mortgages in Utah have stayed mostly below 3.5 percent since last summer, while 15-year rates have drifted downward to around 2.8 percent, according to Bankrate.com. Here is a refresher course to help buyers and owners avoid making the wrong decision about a mortgage or refinancing. There are goo...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

At quiet Salt Lake shareholder meeting, Goldman works on its image

Thu, 23 May 2013 22:22:49 MDT

At quiet Salt Lake shareholder meeting, Goldman works on its image

by Paul Beebe The Salt Lake Tribune

Published May 23, 2013 10:22PM MDT

In an otherwise routine shareholder meeting in Salt Lake City, Goldman Sachs on Thursday released a report detailing actions the Wall Street firm has taken to improve its business practices after a series of embarrassing missteps that stained its reputation in the aftermath of the financial crisis. CEO Lloyd Blankfein announced publication of the report, which makes 39 recommendations for change, covering client service, financial products it sells and employee incentives. The changes were impl...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Kennecott announces first wave of layoffs

Thu, 23 May 2013 19:21:33 MDT

Kennecott announces first wave of layoffs

by Paul Beebe The Salt Lake Tribune

Published May 23, 2013 07:21PM MDT

Kennecott Utah Copper laid off an unspecified number of salaried employees on Thursday, blaming the unprecedented landslide inside Bingham Canyon Mine last month. “In order to make our business financially sustainable moving forward, we have to look at all costs, and unfortunately that also means people costs. The actions that we are taking today are a direct result of the slide on April 10,” said Kennecott spokesman Kyle Bennett. Bennett said he could not reveal the number of layoffs until all...

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Business news briefs

Thu, 23 May 2013 18:51:03 MDT

Business news briefs

staff And News Services

Published May 23, 2013 06:51PM MDT

Gap’s 1st-quarter profits up 43% After years of struggling, Gap is back in style. Gap Inc., which owns the Gap, Old Navy and Banana Republic clothing chains, reported a 43 percent increase in its fiscal first-quarter net income, as the company continues to reap benefits from the turnaround plan that it began early last year. The Gap also reiterated its full-year earnings outlook. Japan gyrations show vulnerability Japan’s financial markets fluctuated wildly Thursday, underscoring the shakin...

Newest Utah H&M store draws a crowd

Thu, 23 May 2013 18:30:03 MDT

Newest Utah H&M store draws a crowd

the Salt Lake Tribune

Published May 23, 2013 06:30PM MDT

Hundreds of shoppers descended Thursday on Farmington’s Station Park shopping center for the opening of northern Utah’s first H&M store. This is the third location in the state for the popular Swedish fashion chain, which marked the occasion with giveaways and free refreshments for the scores of people who stood in line for hours for the noon opening. Hennes & Mauritz, as it is formally known, also operates stores at Fashion Place Mall in Murray and at City Creek Center in downtown Salt Lake Ci...

Trump prevails in civil case over woman, 87

Thu, 23 May 2013 18:29:03 MDT

Trump prevails in civil case over woman, 87

by Michael Tarm The Associated Press

Published May 23, 2013 06:29PM MDT

Chicago • An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday — she lost. Jurors sided with the real estate mogul-turned-TV showman in a weeklong civil trial focused on Jacqueline Goldberg’s claim that Trump cheated her in a condo bait-and-switch scheme in a Chicago skyscraper he built. The federal jury in Chicago returned with a finding in Trump’s favor after deliberating for more than five hours over two days. Goldberg, of Evanston, had sought damages totaling around ...

Utah is tops for 2013 economic outlook, ALEC says

Thu, 23 May 2013 12:22:15 MDT

Utah is tops for 2013 economic outlook, ALEC says

the Salt Lake Tribune

Published May 23, 2013 12:22PM MDT

Utah holds the No. 1 spot for states with the best economic outlook in 2013, according to a report released Thursday by the conservative American Legislative Exchange Council. “Utah’s economic policies have remained strong, and because of [its] firm commitment to economic growth and competitiveness, [the state has] ranked first in all [five previous] editions of our report,” said Jonathan Williams, director of ALEC’s Center for State Fiscal Reform and co-author of “Rich States, Poor States: ALEC...

Oh My Tech!: Searching the galaxy for the perfect universal remote

Thu, 23 May 2013 11:10:06 MDT

Oh My Tech!: Searching the galaxy for the perfect universal remote

by Vince Horiuchi The Salt Lake Tribune

Published May 23, 2013 11:10AM MDT

I am now the proud owner of a fantastic new sound system for my big-screen television, and it’s wonderful, but also a little intimidating. There are remotes everywhere, and I’m pretty sure they’re breeding at night because every time I look there seems to be more of them. I’ve heard about universal remotes, but in reading the reviews, it looks like they are even more complicated than all those reproducing remotes. Do you have a recommendation for a little old retired librarian who wants to be bl...

Google to add Galapagos Islands to Street View

Thu, 23 May 2013 10:10:02 MDT

Google to add Galapagos Islands to Street View

by Jason Dearen The Associated Press

Published May 23, 2013 10:10AM MDT

SAN FRANCISCO • Few have explored the remote volcanic islands of the Galapagos archipelago, an otherworldly landscape inhabited by the world’s largest tortoises and other fantastical creatures that inspired Charles Darwin’s theory of evolution. Soon it will take only the click of a mouse or finger swipe on a tablet to explore some of the Galapagos Islands’ most remote areas, surrounding waters and unique creatures. Mountain View, Calif.,-based Google sent hikers to the Galapagos with Street View...

New home sales up 2.3 percent in April

Thu, 23 May 2013 10:07:02 MDT

New home sales up 2.3 percent in April

by Martin Crutsinger The Associated Press

Published May 23, 2013 10:07AM MDT

WASHINGTON • Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering. New-home sales rose to a seasonally adjusted annual rate of 454,000 in April, the Commerce Department said Thursday. That was up 2.3 percent from March and just slightly below January’s 458,000. Both January and April had the fastest sales rates since July 2008. The median price of a home sold in Apri...