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June 1, 2023

Business

Article

GOP directs culture war fury toward green investing trend

May 26, 2022 Sam Metz, Associated Press

SALT LAKE CITY — Republicans are coming out swinging against Wall Street’s growing efforts to consider factors like long-term environmental risk in investment decisions, the latest indication that the GOP is willing to damage its […]

Article

Boeing will move its headquarters to DC area from Chicago

May 6, 2022 David Koenig and Sarah Rankin, Associated Press

Boeing Co. said Thursday it will move its headquarters from Chicago to the Washington, D.C., area, where company executives would be closer to key federal government officials. The company said it will use its campus […]

Article

Once a retail giant, Kmart nears extinction after closure

April 14, 2022 David Porter, Associated Press

AVENEL, N.J. — The familiar sights and sounds are still there: the scuffed and faded floor tiles, the relentless beige-on-beige color scheme, the toddlers’ clothes and refrigerators and pretty much everything in between. There’s even […]

Article

Etsy sellers protest fees by halting their sales for a week

April 13, 2022 Associated Press

NEW YORK — Some vendors on Etsy say they are halting sales of their items on the site for a week to protest a hike in the fees the crafts e-commerce marketplace charges them.  Starting […]

Article

Outdoor Retailer show moving to Utah despite boycott threats

March 31, 2022 Thomas Peipert and James Anderson, Associated Press

DENVER — The Outdoor Retailer trade show is moving back to Salt Lake City from Denver next year despite threats from an environmental group and big-name recreation companies of a boycott, the event’s organizer announced […]

Article

Samsung unveils new phones as premium market share shrinks

February 11, 2022 Michael Liedtke, Associated Press

SAN RAMON, Calif. — Samsung is trying to reclaim lost ground in the coveted high end of the smartphone market with a new lineup of Galaxy S models designed to appeal to consumers who are […]

Article

AmEx to offer debit card that will accrue rewards points

February 8, 2022 Ken Sweet, Associated Press

NEW YORK — American Express on Tuesday launched a checking account that comes with a debit card that will allow its customers to accrue its popular Membership Rewards points the same way they do on […]

Article

Frontier Airlines buying Spirit in $3B low-cost carrier deal

February 7, 2022 Michelle Chapman, Associated Press

Frontier is buying Spirit Airlines in a $2.9 billion cash-and-stock deal that will create the nation’s fifth largest carrier. The tie-up is valued at $6.6 billion when accounting for the assumption of debt and other […]

Article

Kohl’s: buyout offers undermine value of business

February 4, 2022 Anne D'Innocenzio, Associated Press

NEW YORK — Kohl’s says that recent offers to purchase the department store chain undervalue its business and said it’s adopting a shareholder rights plan to head off any hostile takeovers. The shareholder rights plan, […]

Article

Major NC employer Citrix sold in private $16.5B deal

February 3, 2022 Emily Roberson

FORT LAUDERDALE, Fla. — Citrix Systems, Inc. announced Monday that it has entered into a definitive agreement with a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses to be acquired […]

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