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Oil-gas industry
helps charities
The Utah Petroleum Association, a trade organization of the oil and gas industry, raised $30,000 for local charities by bringing together members of the energy industry during its second annual Charity Golf Classic at Mountain Dell Golf Course.
Outside honors
Utah's Goal Zero
Goal Zero, a developer of portable solar power systems, was named to Outside magazine's annual Best Places to Work list. The Utah company was selected for enabling employees to pursue an active work-life balance, while fostering an environment of innovation and collaboration.
Best Buy, founder
reach agreement
Best Buy and founder Richard Schulze reached a deal that allows Schulze access to confidential financial statements and other information he needs to put together a bid to buy the nation's largest consumer electronics chain.
Hertz buying
Dollar Thrifty
Hertz is one-step closer to its long-awaited prize. More than two years after an initial bid, it agreed Sunday to buy Dollar Thrifty Automotive Group for $2.3 billion, giving it more ways to attract travelers and expand. Hertz is offering $87.50 for each Dollar Thrifty share.
Tiffany: Wealthy
are cutting back
Tiffany & Co. lowered its outlook for the year as the wealthy cut back on buying baubles in an uncertain economy. The upscale retailer earned $91.8 million, or 72 cents per share, for the period ended July 31, up 2 percent from $90 million, or 69 cents per share, a year earlier. Revenue rose 2 percent, to $886.6 million. Analysts had expected higher earnings and revenue.