opens in Draper
A Dickey's barbeque restaurant opened Tuesday in Draper at 163 E. 13800 South and Bangerter Highway near the Harmons grocery store. It will be open from 11 a.m. to 9 p.m. daily. This is the second Dickey's opened by franchisee Jason Huang. His first was in Taylorsville.
Two Utah women
tops in their fields
Bethany Oglesby, floral specialist for Smith's Food & Drug Stores, and Marsha Gilford, vice president of the chain's public affairs department, were selected as "Top Women in Grocery" for 2012 by Progressive Grocer magazine. Oglesby oversees floral sales in all Smith's stores. Gilford oversees media, community and government relations, as well as Smith's philanthropy programs.
Boeing expects to
sell 34,000 planes
Boeing is predicting that the world's airlines will buy 34,000 new airplanes over the next 20 years, driven by strong growth in China, India and other emerging markets. That growth would double the size of the world's airline fleet. The company, which operates a plant in Salt Lake City that makes vertical tail-fin assemblies for the new 787 Dreamliner, predicted that $4.5 trillion worth of planes will be sold.
Duke Energy Corp. and Progress Energy Inc. have completed their merger now valued at $32 billion to form the nation's largest electric company. The two won federal approval for the merger on June 8, with North Carolina and South Carolina subsequently giving their approval.
Fiat to raise
Fiat plans to boost its stake in Chrysler Group to 61.8 percent, taking it a step closer to a full merger with the American carmaker. Fiat said it intends to exercise an option in the coming weeks to buy an additional 3.3 percent of Chrysler Group from the United Auto Workers' retiree health-care trust.
GM eyes return
General Motors Co. is discussing reauthorizing paid Facebook advertising. GM abandoned Facebook ads this spring in a highly public blow to the social network days before its IPO. The automaker kept its free brand pages on the site but said its $10 million Facebook budget wasn't delivering adequate returns.
Microsoft Corp. is taking a $6.2 billion writedown for almost the entire amount it paid for Internet-advertising company AQuantive Inc. in 2007, signaling that its online division will perform worse than the company projected. The non-cash charge means Microsoft will probably post a loss for the quarter, which ended in June.