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Business news briefs

Published June 5, 2013 6:52 pm

This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Trampoline arena

opens in Layton

A grand opening is set from 10 a.m. to 11 p.m. Saturday for SkyWalker Haven trampoline arena in Layton. There will be free prizes for first 100 people through the door. The 25,000-square-foot facility includes a zip line, two slam-dunk basketball hoops, kangaroo jumper, dodgeball arena, free wi-fi lounge and more.

China lashes out

at EU solar duties

China said it is launching an probe of European wine in the same statement that expressed "resolute opposition" to punitive European tariffs on its solar products because they allegedly were being sold well below costs. The European Union this week announced duties averaging 47 percent on Chinese-made solar panels, cells and wafers.

Treasury to sell

more GM shares

The U.S. government plans to sell another 30 million shares of General Motors stock in a public offering as it speeds up efforts to divest itself from a stake in the auto giant that it acquired in a bailout four years ago. GM hopes the sale will help it shed the derisive nickname "Government Motors," as well as attract customers who have shunned its cars because it took federal money.

Eurozone recovery

proves elusive

Economic data from the 17 EU countries that use the euro show there's no sign of a recovery from recession. Eurostat, the European Union's statistics office, confirmed that the eurozone's economy shrank 0.2 percent in the first three months of the year, with most sectors declining.

Microsoft to expand

its use of Outlook

Microsoft is adding its popular Outlook email program to the applications on its Surface tablet and other devices. Outlook 2013 will be part of a free update called Windows 8.1 coming later this year. Windows 8.1 is a response to customer complaints about the confusing changes ushered in by the release of Windows 8 last October.

IKEA founder steps

toward the exit

Ikea's 87-year-old founder is slowly letting go of the reins at his company as his youngest son steps into a major board position. Ingvar Kamprad, who launched IKEA 70 years ago, is stepping down from the board of Inter Ikea Group, a key entity within Ikea's corporate structure. His son, Mathias, will become board chairman.

Spirit to serve

wine in cans

Spirit Airlines is thinking outside of the bottle. The low-cost carrier known for extra fees and cheeky ads is pouring wine out of aluminum cans. Spirit likes the cans because they are easier to stack and store on airplanes with limited storage space. They also weigh less, and airlines are obsessed with making planes lighter to save on fuel.