Daily Archives: July 1, 2016

As desire to acquire mounts, so does risk of losses

Thanks to a wave in corporate deals over the past few years, the amount of goodwill sitting on balance sheets of companies in the Standard and Poor’s 500 index has ballooned to $2.5 trillion. That’s 50 percent more than at the end of the last deal boom in 2007, according to FactSet, a data provider. Goodwill now accounts for 8 percent of all assets in those companies, a percentage point more than in 2007.

As desire to acquire mounts, so does risk of losses

Advertisements

US income gap widened last year as top 1 percent gained most

Income for the richest sliver rose twice as fast as it did for the remaining 99 percent of households, according to an updated analysis of tax data by Emmanuel Saez, an economics professor at the University of California, Berkeley.

US income gap widened last year as top 1 percent gained most

Sale of customer data raises privacy questions

The customer data could help Dick’s land Sports Authority customers looking for a new place to shop. “It’s extremely valuable data for companies to identify customers who are looking for a new home,” said Hemu Nigam, chief executive of SSP Blue and a cybersecurity expert.

Sale of customer data raises privacy questions

Puerto Rico enters new financial era

The government paid roughly half of $2 billion in due debt, but said it did not have the money to pay $779 million worth of general obligation bonds that are given top priority by the island’s constitution. Gov. Alejandro Garcia Padilla signed an executive order Thursday declaring a moratorium on a portion of that debt.

Puerto Rico enters new financial era

Dickey’s sues chemical company in 2014 toxic tea incident

SALT LAKE CITY — A Dickey’s Barbecue restaurant in Utah that mistakenly served toxic iced tea to a woman two years ago is suing the manufacturer and distributor of a chemical product that an employee put in the tea mix…

Dickey’s sues chemical company in 2014 toxic tea incident

300K visitors, 15 marching bands, 20-plus floats: all part of the 2016 Grand Parade

The Stadium of Fire may be the signature event of America’s Freedom Festival, but the Grand Parade attracts a lot more people. The parade also is one of Freedom Festival Executive Director Paul Warner’s top four favorite events (along with…

300K visitors, 15 marching bands, 20-plus floats: all part of the 2016 Grand Parade

Police: Suspected dealer arrested in Spanish Fork with more than $2,000 in meth

A Spanish Fork man was arrested Thursday afternoon after he reportedly led police on a chase through southern Utah County before tossing distribution quantities of meth out the window.

Police: Suspected dealer arrested in Spanish Fork with more than $2,000 in meth

UVU students dominate SkillsUSA; BYU professor makes nanomagnetism discovery

Brigham Young University

UVU students dominate SkillsUSA; BYU professor makes nanomagnetism discovery

BYU’s Living Legends performers visit 16,500 Pacific Islanders

Brigham Young University’s performing group Living Legends recently returned from a three-week tour in the Pacific Islands where they dazzled appreciative audiences with their show “Seasons” and built lasting friendships through service rendered at schools, hospitals, care centers and other…

BYU’s Living Legends performers visit 16,500 Pacific Islanders