COMPANY - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/COMPANY News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) BP warns of impact of Russia sanctions on profits http://www.sltrib.com/sltrib/money/58236850-79/company-rosneft-sanctions-russia.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58236850-79/company-rosneft-sanctions-russia.html.csp">BP warns of impact of Russia sanctions on profits</a></h4> <span class="author vcard"><span class="fn">By DANICA KIRKA</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-29T09:42:01.916-06:00">Updated Jul 29, 2014 09:42AM MDT</span></h5> <div class ="entry-content">London • Energy company BP warned Tuesday that further international sanctions on Russia could hurt its profits because of its stake in the country’s oil giant, Rosneft. The company said any erosion of its relationship with Rosneft — which is majority controlled by the Russian state, with BP holding a 19.75 percent stake — could also adversely impact its reputation. The U.S. has already put sanctions on Rosneft’s president and prohibited the company from tapping U.S. markets to raise money. The ...</div> <h5><a rel="item-license" href="#license-582368502014-07-29T09:42:01.916-06:00" id="#license-2014-07-29T09:42:01.916-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58236850@www.sltrib.com Tue, 29 Jul 2014 09:42:01 MDT McDonald’s Japan to strengthen checks on chicken http://www.sltrib.com/sltrib/money/58236848-79/mcdonald-chicken-japan-checks.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58236848-79/mcdonald-chicken-japan-checks.html.csp">McDonald’s Japan to strengthen checks on chicken</a></h4> <span class="author vcard"><span class="fn">By YURI KAGEYAMA</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-29T09:38:01.939-06:00">Updated Jul 29, 2014 09:38AM MDT</span></h5> <div class ="entry-content">Tokyo • McDonald’s in Japan is increasing its checks on chicken from vendors in China and Thailand after allegations a Chinese supplier sold expired chicken. It says the scare will hurt its earnings. The U.S. fast-food chain’s Japan unit on Tuesday withdrew this year’s earnings and sales forecasts, citing uncertainties from the food scandal. The Chinese food safety agency is investigating allegations Shanghai Husi Food Co., a McDonald’s supplier, sold expired meat. McDonald’s Japan has stopped u...</div> <h5><a rel="item-license" href="#license-582368482014-07-29T09:38:01.939-06:00" id="#license-2014-07-29T09:38:01.939-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58236848@www.sltrib.com Tue, 29 Jul 2014 09:38:01 MDT Reynolds American’s quarterly profit climbs 6.7% http://www.sltrib.com/sltrib/money/58236794-79/percent-share-tobacco-cigarettes.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58236794-79/percent-share-tobacco-cigarettes.html.csp">Reynolds American’s quarterly profit climbs 6.7%</a></h4> <span class="author vcard"><span class="fn">By MICHAEL FELBERBAUM</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-29T09:17:02.533-06:00">Updated Jul 29, 2014 09:17AM MDT</span></h5> <div class ="entry-content">Richmond, Va. • Reynolds American Inc. said Tuesday that its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold. The Winston Salem, N.C.-based company said it earned $492 million, or 92 cents per share, in the period ended June 30, up from $461 million, or 84 cents per share, a year ago. Adjusted earnings were 89 cents per share, topping analyst estimates of 87 cents per share, according...</div> <h5><a rel="item-license" href="#license-582367942014-07-29T09:17:02.533-06:00" id="#license-2014-07-29T09:17:02.533-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58236794@www.sltrib.com Tue, 29 Jul 2014 09:17:02 MDT Crayola to open family attraction in Orlando http://www.sltrib.com/sltrib/world/58236772-68/crayola-orlando-company-attraction.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58236772-68/crayola-orlando-company-attraction.html.csp">Crayola to open family attraction in Orlando</a></h4> <span class="author vcard"><span class="fn">By MICHAEL RUBINKAM</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-29T09:08:02.334-06:00">Updated Jul 29, 2014 09:08AM MDT</span></h5> <div class ="entry-content">Easton, Pa. • Crayon manufacturer Crayola is building a family attraction in Florida, similar to the one it operates in its home state of Pennsylvania, and more could be on the way around the country. The company said Tuesday that Crayola Experience Orlando will open next summer at The Florida Mall. Crayola Experience Orlando will feature 25 hands-on activities in 70,000 square feet of space. One attraction will let children create their own unique crayon with a personalized wrapper. Another wil...</div> <h5><a rel="item-license" href="#license-582367722014-07-29T09:08:02.334-06:00" id="#license-2014-07-29T09:08:02.334-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58236772@www.sltrib.com Tue, 29 Jul 2014 09:08:02 MDT Darden CEO quitting amid Olive Garden troubles http://www.sltrib.com/sltrib/money/58234146-79/darden-ceo-company-starboard.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58234146-79/darden-ceo-company-starboard.html.csp">Darden CEO quitting amid Olive Garden troubles</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T16:49:02.409-06:00">Updated Jul 28, 2014 04:49PM MDT</span></h5> <div class ="entry-content">New York • Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain following its contested sale of Red Lobster. Based in Orlando, the company also said Monday that it’s changing its corporate policies to split the chairman and CEO roles. It appointed current lead independent director, Charles Ledsinger, Jr., as independent non-executive chairman, effective immediately. Darden shares rose $2.03, or 4.5 percent, to $46.95 in a...</div> <h5><a rel="item-license" href="#license-582341462014-07-28T16:49:02.409-06:00" id="#license-2014-07-28T16:49:02.409-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58234146@www.sltrib.com Mon, 28 Jul 2014 16:49:02 MDT Smith & Wesson paying $2M to settle SEC charges http://www.sltrib.com/sltrib/money/58233603-79/company-smith-wesson-sec.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58233603-79/company-smith-wesson-sec.html.csp">Smith & Wesson paying $2M to settle SEC charges</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T15:19:30.773-06:00">Updated Jul 28, 2014 03:19PM MDT</span></h5> <div class ="entry-content">Washington • Smith & Wesson has agreed to pay $2 million to settle civil charges of bribing government officials in Pakistan, Indonesia and other countries to win military and police business. The Securities and Exchange Commission announced the settlement Monday with the firearms maker, which fired its entire international sales staff after the alleged violations came to light. Smith & Wesson Holding Corp., based in Springfield, Massachusetts, neither admitted nor denied wrongdoing. As the comp...</div> <h5><a rel="item-license" href="#license-582336032014-07-28T15:19:30.773-06:00" id="#license-2014-07-28T15:19:30.773-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58233603@www.sltrib.com Mon, 28 Jul 2014 15:19:30 MDT U.S. companies fishing for growth overseas http://www.sltrib.com/sltrib/money/58232692-79/companies-growth-company-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58232692-79/companies-growth-company-percent.html.csp">U.S. companies fishing for growth overseas</a></h4> <span class="author vcard"><span class="fn">By MICHAEL LIEDTKE</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T12:28:01.983-06:00">Updated Jul 28, 2014 12:28PM MDT</span></h5> <div class ="entry-content">San Francisco • Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home. Technology trendsetters Apple Inc., Google Inc., Facebook Inc. and Netflix Inc. all mined foreign countries to produce earnings or revenue that exceeded analysts’ projections in their latest quarters. Prodded by the steadily rising demand for Internet access and online services in developing countries, these technology companies will likely be wading even deeper into o...</div> <h5><a rel="item-license" href="#license-582326922014-07-28T12:28:01.983-06:00" id="#license-2014-07-28T12:28:01.983-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58232692@www.sltrib.com Mon, 28 Jul 2014 12:28:01 MDT Virgin America airline submits plans for an IPO http://www.sltrib.com/sltrib/money/58232855-79/virgin-america-airlines-company.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58232855-79/virgin-america-airlines-company.html.csp">Virgin America airline submits plans for an IPO</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T10:31:02.592-06:00">Updated Jul 28, 2014 10:31AM MDT</span></h5> <div class ="entry-content">New York • Virgin America’s next destination is Wall Street. The California-based airline filed on Monday for an initial public offering of shares. Virgin America Inc., which operates out of Los Angeles and San Francisco, flies to 22 airports in the United States and Mexico and has a fleet of 53 planes. It is known for offering a variety of perks on its jets, including live TV, movies, leather seats and purple mood lighting. But it’s still a small player. Virgin America carried 6.3 million passe...</div> <h5><a rel="item-license" href="#license-582328552014-07-28T10:31:02.592-06:00" id="#license-2014-07-28T10:31:02.592-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58232855@www.sltrib.com Mon, 28 Jul 2014 10:31:02 MDT Russia ordered to pay $50 billion over Yukos http://www.sltrib.com/sltrib/money/58232793-79/russia-yukos-billion-company.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58232793-79/russia-yukos-billion-company.html.csp">Russia ordered to pay $50 billion over Yukos</a></h4> <span class="author vcard"><span class="fn">By DANICA KIRKA</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T10:07:02.028-06:00">Updated Jul 28, 2014 10:07AM MDT</span></h5> <div class ="entry-content">London • An international court on Monday ordered Russia to pay over $50 billion in compensation to the former majority shareholder of now-defunct oil producer Yukos over the expropriation of the company more than 10 years ago. In one of the largest arbitration cases ever, a subsidiary for GML Ltd., once the biggest shareholder in Yukos Oil Co., had sought $103.5 billion from Russia. The Russian government under President Vladimir Putin in 2003 leveled massive tax claims against Yukos, then Russ...</div> <h5><a rel="item-license" href="#license-582327932014-07-28T10:07:02.028-06:00" id="#license-2014-07-28T10:07:02.028-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58232793@www.sltrib.com Mon, 28 Jul 2014 10:07:02 MDT Meat supplier: China unit fell short of standards http://www.sltrib.com/sltrib/money/58232752-79/mcdonald-husi-meat-company.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58232752-79/mcdonald-husi-meat-company.html.csp">Meat supplier: China unit fell short of standards</a></h4> <span class="author vcard"><span class="fn">By JOE McDONALD</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T09:57:02.491-06:00">Updated Jul 28, 2014 09:57AM MDT</span></h5> <div class ="entry-content">Beijing • A U.S. meat supplier said Monday a Chinese subsidiary embroiled in a safety scandal fell short of its requirements for maintaining high standards. The president of OSI Group, David G. McDonald, declined to give details of what the company has found at Shanghai Husi Food Co. A Shanghai TV station reported last week that Husi sold expired beef and chicken to restaurants including McDonald’s and KFC. The Chinese food safety agency said last week its investigators found unspecified illegal...</div> <h5><a rel="item-license" href="#license-582327522014-07-28T09:57:02.491-06:00" id="#license-2014-07-28T09:57:02.491-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58232752@www.sltrib.com Mon, 28 Jul 2014 09:57:02 MDT Zillow buying Trulia to create real estate titan http://www.sltrib.com/sltrib/money/58232648-79/zillow-trulia-estate-real.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58232648-79/zillow-trulia-estate-real.html.csp">Zillow buying Trulia to create real estate titan</a></h4> <span class="author vcard"><span class="fn">By MAE ANDERSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-28T12:48:15.205-06:00">Updated Jul 28, 2014 12:48PM MDT</span></h5> <div class ="entry-content">New York • Real estate website operator Zillow is buying rival Trulia in a $3.5 billion deal that would make the biggest player in the online real estate market. Zillow would also become the king of real estate listings available on smartphones. “It’s a very sound business move by Zillow. They wiped out their closest competitor,” said Benchmark analyst Daniel Kurnos. According to Benchmark estimates Zillow and Trulia are No. 1 and 2 in the online real estate market, followed by No. 3 Move Inc. I...</div> <h5><a rel="item-license" href="#license-582326482014-07-28T12:48:15.205-06:00" id="#license-2014-07-28T12:48:15.205-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58232648@www.sltrib.com Mon, 28 Jul 2014 12:48:15 MDT FedEx charges raise online pharmacy issues http://www.sltrib.com/sltrib/world/58227207-68/pharmacies-online-company-fedex.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58227207-68/pharmacies-online-company-fedex.html.csp">FedEx charges raise online pharmacy issues</a></h4> <span class="author vcard"><span class="fn">By PAUL ELIAS</span></span> <span class="source-org vcard"><span class="org fn"> Associated Press</span></span> <h5><span class="updated" title="2014-07-26T11:39:02.02-06:00">Updated Jul 26, 2014 11:39AM MDT</span></h5> <div class ="entry-content">San Francisco • FedEx Corp., the latest company accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions. The company says it would have to invade the privacy of customers to stop such deliveries. By contrast, UPS Inc. paid $40 million last year to resolve similar allegations and vowed to overhaul its procedures and work with investigators to detect suspicious activity. The contrasting re...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58227207@www.sltrib.com Sat, 26 Jul 2014 11:39:02 MDT Wal-Mart’s chief faces bare shelves, surly shoppers http://www.sltrib.com/sltrib/money/58224788-79/mart-wal-stores-company.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224788-79/mart-wal-stores-company.html.csp">Wal-Mart’s chief faces bare shelves, surly shoppers</a></h4> <span class="author vcard"><span class="fn">By Renee Dudley</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-07-25T18:07:02.139-06:00">Updated Jul 25, 2014 06:07PM MDT</span></h5> <div class ="entry-content">New York • Empty shelves, grumpy customers, long lines at the register: These are just some of the challenges facing Wal-Mart Stores Inc.’s new U.S. chief. Greg Foran, who takes charge Aug. 9, inherits a chain wedded to an outdated big-box model, struggling to increase sales in its stores and online, and losing customers because it can’t keep stores adequately stocked. The sluggish U.S. performance contributed to lower-than-projected sales and profit in the quarter that ended April 30. Wal-Mart’...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224788@www.sltrib.com Fri, 25 Jul 2014 18:07:02 MDT L’Oreal highlights digital push with Makeup Genius http://www.sltrib.com/sltrib/money/58224773-79/makeup-oreal-cosmetics-digital.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224773-79/makeup-oreal-cosmetics-digital.html.csp">L’Oreal highlights digital push with Makeup Genius</a></h4> <span class="author vcard"><span class="fn">By Andrew Roberts</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-07-25T17:57:01-06:00">Updated Jul 25, 2014 05:57PM MDT</span></h5> <div class ="entry-content">Paris • When Jean-Paul Agon put on makeup at a L’Oreal board meeting last month, the biggest surprise wasn’t how the French company’s chairman looked in its lipstick, blush and eyeshadow. It was how easy it was to take it off. Agon, 58, used L’Oreal’s Makeup Genius app on his iPhone to virtually don the cosmetics maker’s wares. The free software turns a mobile device into digital mirror, giving users a sense of what various products will look like on their faces. Women -- and men -- can try on c...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224773@www.sltrib.com Fri, 25 Jul 2014 17:57:01 MDT Tyson Foods is closing plants in three states http://www.sltrib.com/sltrib/money/58225327-79/tyson-plants-company-buffalo.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58225327-79/tyson-plants-company-buffalo.html.csp">Tyson Foods is closing plants in three states</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-25T17:50:01.614-06:00">Updated Jul 25, 2014 05:50PM MDT</span></h5> <div class ="entry-content">Springdale, Ark. • Tyson Foods Inc. says it’s closing three U.S. plants, employing a total 950 workers, which have struggled financially as the company’s product needs have changed. Tyson, the biggest U.S. meat processor, announced Friday the planned closures of the plants in Cherokee, Iowa; Buffalo, New York; and Santa Teresa, New Mexico. The company said the action will enable it to move some of the operations and equipment at the plants to other, more cost-efficient Tyson plants. The Cherokee...</div> <h5><a rel="item-license" href="#license-582253272014-07-25T17:50:01.614-06:00" id="#license-2014-07-25T17:50:01.614-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58225327@www.sltrib.com Fri, 25 Jul 2014 17:50:01 MDT Russia: McDonald’s food has ‘too many calories’ http://www.sltrib.com/sltrib/money/58224734-79/mcdonald-agency-russia-calories.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224734-79/mcdonald-agency-russia-calories.html.csp">Russia: McDonald’s food has ‘too many calories’</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-25T14:47:01.779-06:00">Updated Jul 25, 2014 02:47PM MDT</span></h5> <div class ="entry-content">Moscow • Russia’s consumer protection agency has filed a suit against McDonald’s for allegedly selling food that does not meet legal standards. The case was announced Friday on the website of the agency, Rospotrebnadzor, which said it comes in the wake of inspections of two of the company’s restaurants in Novgorod. According to the statement, some food was found with microbial contamination and several items had caloric values two to three times higher than allowed by national regulations. The s...</div> <h5><a rel="item-license" href="#license-582247342014-07-25T14:47:01.779-06:00" id="#license-2014-07-25T14:47:01.779-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224734@www.sltrib.com Fri, 25 Jul 2014 14:47:01 MDT Century-old tile business being auctioned off http://www.sltrib.com/sltrib/money/58224333-79/tile-assets-auction-auctioned.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224333-79/tile-assets-auction-auctioned.html.csp">Century-old tile business being auctioned off</a></h4> <span class="author source-org vcard"><span class="org fn">The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-07-25T13:15:02.287-06:00">Updated Jul 25, 2014 01:15PM MDT</span></h5> <div class ="entry-content">An auction will be held Tuesday to sell off the assets of Caffall Tile & Marble, a South Salt Lake company in existence of 103 years. Erkelens & Olson Auctioneers will conduct the 10 a.m. auction at the company’s offices, 3650 S. 300 West. Items include trucks, forklifts, saws, pieces of granite, marble and tile, tools and office equipment. Assets will be available for review from 10 a.m. to 4 p.m. Monday at Caffall Tile. Photographs and terms of the sale are available at www.salesandauction.com...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224333@www.sltrib.com Fri, 25 Jul 2014 13:15:02 MDT U.S. to evaluate Impala air bag performance http://www.sltrib.com/sltrib/money/58224406-79/nhtsa-friedman-agency-bag.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224406-79/nhtsa-friedman-agency-bag.html.csp">U.S. to evaluate Impala air bag performance</a></h4> <span class="author vcard"><span class="fn">By TOM KRISHER</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-25T17:35:52.058-06:00">Updated Jul 25, 2014 05:35PM MDT</span></h5> <div class ="entry-content">Detroit • The U.S. government’s highway safety agency has opened a formal investigation into air bag failures in some Chevrolet Impala full-size cars made by General Motors. The National Highway Traffic Safety Administration said Friday it began the probe after receiving a petition from Donald Friedman of Xprts LLC, a Santa Barbara, California, company that examines crashes. Friedman examined an April 2011 car crash in Hidalgo County, Texas, that severely injured an elderly man named Roberto Mar...</div> <h5><a rel="item-license" href="#license-582244062014-07-25T17:35:52.058-06:00" id="#license-2014-07-25T17:35:52.058-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224406@www.sltrib.com Fri, 25 Jul 2014 17:35:52 MDT Overstock.com’s income falls, revenues higher http://www.sltrib.com/sltrib/money/58224090-79/com-income-overstock-company.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224090-79/com-income-overstock-company.html.csp">Overstock.com’s income falls, revenues higher</a></h4> <span class="author source-org vcard"><span class="org fn">The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-07-25T13:01:01.584-06:00">Updated Jul 25, 2014 01:01PM MDT</span></h5> <div class ="entry-content">Overstock.com’s net income fell by almost 50 percent in the quarter ending June 30, but the Salt Lake City-based company still posted a profit for the 10th straight quarter. Company CEO Patrick Byrne said Thursday that net quarterly income was $1.9 million, or 8 cents per share, down from $3.7 million, or 15 cents a share, in the same quarter in 2013. Revenues were a bright spot for the online sales company, jumping 13 percent year-over-year to $332.5 million. “Our increases in technology spendi...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224090@www.sltrib.com Fri, 25 Jul 2014 13:01:01 MDT Molson Coors Brewing CEO to retire at year’s end http://www.sltrib.com/sltrib/money/58224276-79/ceo-coors-molson-brewing.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58224276-79/ceo-coors-molson-brewing.html.csp">Molson Coors Brewing CEO to retire at year’s end</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-25T12:32:02.198-06:00">Updated Jul 25, 2014 12:32PM MDT</span></h5> <div class ="entry-content">Denver • Molson Coors Brewing President and CEO Peter S. Swinburn will retire at the end of the year. The brewing company said Friday that Swinburn will be succeeded in the posts by Mark R. Hunter, who currently serves as CEO and president of Molson Coors Europe. The 61-year-old Swinburn has served as CEO since 2008. Hunter, 51, has served as CEO and president of the company’s European business since January 2013. Swinburn will continue to lead the company until he retires and will help with the...</div> <h5><a rel="item-license" href="#license-582242762014-07-25T12:32:02.198-06:00" id="#license-2014-07-25T12:32:02.198-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58224276@www.sltrib.com Fri, 25 Jul 2014 12:32:02 MDT