Business news briefs
Envision Utah gets
The Utah chapter of the American Planning Association honored Envision Utah with two awards at its annual fall conference in Provo. Envisions Wasatch Canyons Tomorrow process received the "Outstanding Achievement Award." The chapter also was honored with the "Special Recognition Award" for past and continuing contributions to planning in the state.
minus sock, sold
The remnants of former Boston Red Sox pitcher Curt Schilling's defunct video game company from graphics animation equipment to model airplanes he is said to have made and kept in his office were auctioned off Tuesday at the company's former Rhode Island headquarters. The famous World Series bloody sock, though, wasn't included in the sale.
gets IT recognition
The Intermountain Medical Center's Homer Warner Center for Informatics Research has been named the best hospital information technology department to work for in the nation by Healthcare IT News, a national journal. The honor was based upon data collected from large hospitals throughout the country.
Wait and see?
Six weeks ago, the Federal Reserve unveiled its latest plan to invigorate the U.S. economy. This week, the Fed probably will send a simple message give the plan time to work. No big announcements are expected when the Fed's latest two-day policy meeting ends Wednesday. Instead, it's expected to affirm its plan to buy mortgage bonds until hiring picks up.
Yes, lap dances
are taxable in N.Y.
Lap dances are taxable because they don't promote culture in a community the way ballet or other artistic endeavors do, New York's highest court concluded in a sharply divided ruling. The court split 4-3, with the dissenting judges saying there's no distinction in state law between "highbrow dance and lowbrow dance."
Target selling off
credit card business
Target has reached a deal to sell its entire consumer credit card business for about $6 billion to TD Bank Group. Under the deal, TD Bank will decide issues such as which applications are accepted and what interest rates are charged to customers, while Target will still handle bill processing and customer service issues.
Netflix cut its prediction of how many video streaming subscribers it would add this year after its third-quarter additions of 1.2 million came in at the low end of its forecast. It had estimated it would add 1 million to 1.8 million subscribers in the July-through-September period. Netflix earned $7.7 million, or 13 cents per share, for the quarter. Revenue rose 10 percent, to $905.1 million.
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