PRIVATE - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/PRIVATE News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) Geneva banks break 200-year silence, post earnings http://www.sltrib.com/sltrib/money/58325536-79/banks-lombard-odier-pictet.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58325536-79/banks-lombard-odier-pictet.html.csp">Geneva banks break 200-year silence, post earnings</a></h4> <span class="author vcard"><span class="fn">By Giles Broom</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-08-22T11:11:01.994-06:00">Updated Aug 22, 2014 11:11AM MDT</span></h5> <div class ="entry-content">Geneva • Switzerland’s two largest closely held banks are poised to publish their earnings after two centuries of secrecy. Cie. Lombard, Odier SCA, the Geneva-based bank established in 1796, is due to publish its financial statement on Thursday, according to a company official who asked not to be named in line with the bank’s policy. Pictet & Cie. Group SCA, the third- biggest Swiss wealth and asset manager after UBS AG and Credit Suisse Group, is also poised to report this month. Under pressure...</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 This material may not be published, broadcast, rewritten or redistributed.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> 58325536@www.sltrib.com Fri, 22 Aug 2014 11:11:01 MDT Trib Talk: Ben McAdams on preschools, annexations, bike safety http://www.sltrib.com/sltrib/blogstribtalk/58313758-231/tribtalk-sltrib-county-com.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/blogstribtalk/58313758-231/tribtalk-sltrib-county-com.html.csp">Trib Talk: Ben McAdams on preschools, annexations, bike safety</a></h4> <span class="author vcard"><span class="fn">By Jennifer Napier-Pearce</span></span> <span class="author vcard"><span class="fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-08-20T12:45:49.094-06:00">Updated Aug 20, 2014 12:45PM MDT</span></h5> <div class ="entry-content">Consider this scenario: Government chips in with a group of private investors to fund a privately run social program, such as a school counseling center or a health clinic. If the program succeeds, government pays back the investors. If it fails, it’s like any risky proposition and they lose their investment. This new approach to public-private partnerships, called the “pay for success” model, has governments across the country — including Salt Lake County — experimenting with it, with promis...</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> 58313758@www.sltrib.com Wed, 20 Aug 2014 12:45:49 MDT Op-ed: Why we didn’t list beardtongues as endangered plants http://www.sltrib.com/sltrib/opinion/58293647-82/utah-conservation-esa-lands.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58293647-82/utah-conservation-esa-lands.html.csp">Op-ed: Why we didn’t list beardtongues as endangered plants</a></h4> <span class="author vcard"><span class="fn">By Michael Thabault</span></span> <h5><span class="updated" title="2014-08-15T16:23:02.504-06:00">Updated Aug 15, 2014 04:23PM MDT</span></h5> <div class ="entry-content">Last week, the U.S. Fish and Wildlife Service, with support from the states of Utah and Colorado, the Bureau of Land Management (BLM) and many others, withdrew a proposal to list Graham’s beardtongue and White River beardtongue wildflowers under the Endangered Species Act (ESA). Although an ESA listing provides protections to plants that are in danger of or threatened with extinction, in some cases the best conservation occurs when multiple partners work together to protect a species on federal,...</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> 58293647@www.sltrib.com Fri, 15 Aug 2014 16:23:02 MDT Letter: Don’t think of UTOPIA as a utility http://www.sltrib.com/sltrib/opinion/58297538-82/utopia-utility-fee-brigham.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58297538-82/utopia-utility-fee-brigham.html.csp">Letter: Don’t think of UTOPIA as a utility</a></h4> <h5><span class="updated" title="2014-08-15T16:28:06.079-06:00">Updated Aug 15, 2014 04:28PM MDT</span></h5> <div class ="entry-content">It is a horrible mistake to think of UTOPIA as a “utility.” Brigham City is considering a “utility tax/fee” to help stabilize the UTOPIA fiasco. Why? Because, as I have said before, it is a disaster from the start. I work for a real utility. We have strict regulations, set pricing, set fees and intense oversight. Private companies, not so much, to say the least. UTOPIA is a private business. I work with a man who has 100Mb service from UTOPIA in West Valley for $65 per month, grand total! That i...</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> 58297538@www.sltrib.com Fri, 15 Aug 2014 16:28:06 MDT Mexico: State firm gets 83 percent of oil reserves http://www.sltrib.com/sltrib/money/58294050-79/pemex-oil-mexico-percent.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58294050-79/pemex-oil-mexico-percent.html.csp">Mexico: State firm gets 83 percent of oil reserves</a></h4> <span class="author vcard"><span class="fn">By OLGA R. RODRIGUEZ</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-14T12:30:02.912-06:00">Updated Aug 14, 2014 12:30PM MDT</span></h5> <div class ="entry-content">Mexico City • Mexico’s state-owned oil company will retain rights to exploit 83 percent of the country’s proven and probable reserves under the newly enacted opening of the energy business, although the company will form alliances with private firms in some of those fields, the government announced Wednesday. The allocation given to Petroleos Mexicanos, or Pemex, will equal about 2.5 million barrels of oil a day for 20.5 years, Energy Secretary Pedro Joaquin Coldwell said. “This guarantees that ...</div> <h5><a rel="item-license" href="#license-582940502014-08-14T12:30:02.912-06:00" id="#license-2014-08-14T12:30:02.912-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58294050@www.sltrib.com Thu, 14 Aug 2014 12:30:02 MDT Bloomberg Op-ed: Small town in Maine saves the Internet http://www.sltrib.com/sltrib/opinion/58296837-82/rockport-town-network-maine.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58296837-82/rockport-town-network-maine.html.csp">Bloomberg Op-ed: Small town in Maine saves the Internet</a></h4> <span class="author vcard"><span class="fn">By Susan Crawford</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg View</span></span> <h5><span class="updated" title="2014-08-14T17:32:31.476-06:00">Updated Aug 14, 2014 05:32PM MDT</span></h5> <div class ="entry-content">Rockport, Maine, population 3,321, is trying to solve the existential dilemma of small-town America: How do you get people like Meg Weston’s students to stick around? Weston is the president of Maine Media Workshops + College, one of Rockport’s primary economic drivers. When she took office in 2012, she saw that the college couldn’t survive without a better Internet connection. Her students needed to upload and download enormous digital files using three or more devices each; she says the school...</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> 58296837@www.sltrib.com Thu, 14 Aug 2014 17:32:31 MDT Talks to end Argentina default apparently collapse http://www.sltrib.com/sltrib/money/58296771-79/argentina-default-aurelius-talks.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58296771-79/argentina-default-aurelius-talks.html.csp">Talks to end Argentina default apparently collapse</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-08-14T11:49:38.746-06:00">Updated Aug 14, 2014 11:49AM MDT</span></h5> <div class ="entry-content">Buenos Aires, Argentina • Negotiations have apparently ended without success on a private-sector deal to end the legal battle that forced Argentina into default last month for the second time in 13 years. Aurelius Capital Management LP said it had been in talks with private parties to sell its Argentine bonds at the heart of the dispute, but the offered payments were not even “remotely acceptable,” to the U.S.-based investment fund. “That engagement has convinced us that there is no realistic pr...</div> <h5><a rel="item-license" href="#license-582967712014-08-14T11:49:38.746-06:00" id="#license-2014-08-14T11:49:38.746-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58296771@www.sltrib.com Thu, 14 Aug 2014 11:49:38 MDT RC Willey owner Warren Buffett’s Berkshire cash passes $50 billion http://www.sltrib.com/sltrib/money/58258788-79/billion-berkshire-buffett-cash.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58258788-79/billion-berkshire-buffett-cash.html.csp">RC Willey owner Warren Buffett’s Berkshire cash passes $50 billion</a></h4> <span class="author vcard"><span class="fn">By Noah Buhayar</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-08-04T09:44:32.918-06:00">Updated Aug 4, 2014 09:44AM MDT</span></h5> <div class ="entry-content">New York • Warren Buffett has never had so much money to spend. Cash at his Omaha, Nebraska-based Berkshire Hathaway Inc., whose holdings include furniture giant RC Willey, rose past $50 billion at the end of June, the first time it finished a quarter above that level since he became chairman and chief executive officer more than four decades ago. The stock market hasn’t helped an investor who has said he likes to wait for the “fat pitch,” an opportunity to buy a company at a price promising fav...</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> 58258788@www.sltrib.com Mon, 04 Aug 2014 09:44:32 MDT California commission moves against billionaire in beach dispute http://www.sltrib.com/sltrib/world/58222275-68/beach-commission-khosla-access.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58222275-68/beach-commission-khosla-access.html.csp">California commission moves against billionaire in beach dispute</a></h4> <span class="author vcard"><span class="fn">By Paul Rogers</span></span> <span class="source-org vcard"><span class="org fn"> San Jose Mercury News</span></span> <h5><span class="updated" title="2014-07-25T08:42:37.339-06:00">Updated Jul 25, 2014 08:42AM MDT</span></h5> <div class ="entry-content">San Jose, Calif. • Ratcheting up pressure on Silicon Valley billionaire Vinod Khosla over his decision to block public access to a San Mateo County beach, the California Coastal Commission on Thursday announced it is creating a website to ask people to document their historic uses of the beach. The action, while seemingly bureaucratic and innocuous, is an important first step in establishing historic uses of the private road to the beach, which is often a key issue in legal battles over propert...</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> 58222275@www.sltrib.com Fri, 25 Jul 2014 08:42:37 MDT Bloomberg View: World Bank reform proposals worthy but don’t go far enough http://www.sltrib.com/sltrib/opinion/58210794-82/bank-kim-billion-private.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58210794-82/bank-kim-billion-private.html.csp">Bloomberg View: World Bank reform proposals worthy but don’t go far enough</a></h4> <span class="author source-org vcard"><span class="org fn">Bloomberg View</span></span> <h5><span class="updated" title="2014-07-22T15:44:38.42-06:00">Updated Jul 22, 2014 03:44PM MDT</span></h5> <div class ="entry-content">There will always be a need for a World Bank, which celebrated a birthday of sorts Tuesday. There is no need for a World Bank with more than 10,000 employees. President Jim Yong Kim is trying to reform the bank, one of the global financial institutions that emerged from the historic Bretton Woods agreement signed on July 22, 1944. He is getting strong resistance from a rank and file protective of its parking subsidies, business-class travel and generous meal allowances. The greater danger for Ki...</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> 58210794@www.sltrib.com Tue, 22 Jul 2014 15:44:38 MDT Op-ed: Penstemon agreement saves more flowers than Endangered Species Act would http://www.sltrib.com/sltrib/opinion/58170870-82/agreement-species-state-plants.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58170870-82/agreement-species-state-plants.html.csp">Op-ed: Penstemon agreement saves more flowers than Endangered Species Act would</a></h4> <span class="author vcard"><span class="fn">By Mike McKee, Mark Raymond and Darlene Burns</span></span> <h5><span class="updated" title="2014-07-11T17:20:02.535-06:00">Updated Jul 11, 2014 05:20PM MDT</span></h5> <div class ="entry-content">When faced with the prospect of yet another endangered species listing in the Uintah Basin, many would expect that as elected officials tasked with protecting our local community we would take off the proverbial gloves and begin to fight. In the case of the Graham’s beardtongue and White River beardtongue (penstemon species) in Eastern Utah, we along with other stakeholders met this challenge with a proposed conservation agreement that goes above and beyond the protections afforded these floweri...</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> 58170870@www.sltrib.com Fri, 11 Jul 2014 17:20:02 MDT Letter: UTOPIA gets my chimney smoking http://www.sltrib.com/sltrib/opinion/58167064-82/utopia-cities-chimney-fee.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/opinion/58167064-82/utopia-cities-chimney-fee.html.csp">Letter: UTOPIA gets my chimney smoking</a></h4> <h5><span class="updated" title="2014-07-10T17:04:02.105-06:00">Updated Jul 10, 2014 05:04PM MDT</span></h5> <div class ="entry-content">UTOPIA is a private company that has gone broke on taxpayers’ money, and now the cities that have invested poorly into UTOPIA with taxpayer funds want their residents to pay another private owner billions to try and recoup the millions they’ve already lost? They don’t want to call it a tax because then it would go to the vote of the people. Most don’t even know what UTOPIA is, and, if they did, they would never agree to pay for it out of their own pockets! West Valley City and the other cities w...</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> 58167064@www.sltrib.com Thu, 10 Jul 2014 17:04:02 MDT Cardiff Fork compromise appears to be working http://www.sltrib.com/sltrib/politics/58149928-90/buxton-canyon-cardiff-fork.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/politics/58149928-90/buxton-canyon-cardiff-fork.html.csp">Cardiff Fork compromise appears to be working</a></h4> <span class="author vcard"><span class="fn">By Mike Gorrell</span></span> <span class="source-org vcard"><span class="org fn"> The Salt Lake Tribune</span></span> <h5><span class="updated" title="2014-07-07T17:26:30.545-06:00">Updated Jul 7, 2014 05:26PM MDT</span></h5> <div class ="entry-content">It’s not like everything has been hunky-dory since the U.S. Forest Service negotiated a three-year agreement to improve public access to Cardiff Fork, a popular offshoot of Big Cottonwood Canyon. But all in all there have been fewer confrontations than before the 2012 truce, a disparate group of Cardiff Fork users agreed last week. After years of friction, a special-use permit was signed in 2012 allowing summer and winter recreationists to use a dirt road to cross through private lands while hik...</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> 58149928@www.sltrib.com Mon, 07 Jul 2014 17:26:30 MDT Unions for government workers gaining ground http://www.sltrib.com/sltrib/money/58149710-79/workers-sector-union-government.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58149710-79/workers-sector-union-government.html.csp">Unions for government workers gaining ground</a></h4> <span class="author vcard"><span class="fn">By TOM RAUM</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-04T13:07:01.977-06:00">Updated Jul 4, 2014 01:07PM MDT</span></h5> <div class ="entry-content">Washington • Unions representing government workers are expanding while organized labor has been shedding private sector members over the past half-century. A majority of union members today now have ties to a government entity — at the federal, state or local levels. Roughly 1-in-3 public sector workers is a union member, compared with about 1-in-15 for the private sector workforce last year. That’s according to the Bureau of Labor Statistics. Overall, 11.3 percent of U.S. wage and salary worke...</div> <h5><a rel="item-license" href="#license-581497102014-07-04T13:07:01.977-06:00" id="#license-2014-07-04T13:07:01.977-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58149710@www.sltrib.com Fri, 04 Jul 2014 13:07:01 MDT Survey: U.S. companies added 281,000 jobs in June http://www.sltrib.com/sltrib/money/58142141-79/jobs-adp-281000-added.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58142141-79/jobs-adp-281000-added.html.csp">Survey: U.S. companies added 281,000 jobs in June</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-02T09:05:01.517-06:00">Updated Jul 2, 2014 09:05AM MDT</span></h5> <div class ="entry-content">Washington • A private survey shows U.S. business hiring surged in June, a sign of stronger economic growth. Payroll processer ADP says private employers added 281,000 jobs last month, up from 179,000 in the previous month. The figure suggests the government’s jobs report, to be released Thursday, could also show a significant gain from May’s tally of 217,000 jobs. But the ADP numbers cover only private businesses and often diverge from the government’s more comprehensive report. The improvement...</div> <h5><a rel="item-license" href="#license-581421412014-07-02T09:05:01.517-06:00" id="#license-2014-07-02T09:05:01.517-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58142141@www.sltrib.com Wed, 02 Jul 2014 09:05:01 MDT In dry California, water fetching record prices http://www.sltrib.com/sltrib/world/58139766-68/state-district-california-drought.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/world/58139766-68/state-district-california-drought.html.csp">In dry California, water fetching record prices</a></h4> <span class="author vcard"><span class="fn">By GARANCE BURKE</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-07-02T10:27:50.446-06:00">Updated Jul 2, 2014 10:27AM MDT</span></h5> <div class ="entry-content">San Francisco • Throughout California’s desperately dry Central Valley, those with water to spare are cashing in. As a third parched summer forces farmers to fallow fields and lay off workers, two water districts and a pair of landowners in the heart of the state’s farmland are making millions of dollars by auctioning off their private caches. Nearly 40 others also are seeking to sell their surplus water this year, according to state and federal records. Economists say it’s been decades since t...</div> <h5><a rel="item-license" href="#license-581397662014-07-02T10:27:50.446-06:00" id="#license-2014-07-02T10:27:50.446-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58139766@www.sltrib.com Wed, 02 Jul 2014 10:27:50 MDT