Browse by Day Archive

Lassonde Family Foundation gifts $25M to University of Utah entrepreneurship institute

05/02/2025 7:11pm
The Lassonde Family Foundation on Friday gifted the Lassonde Entrepreneur Institute $25 million to continue its mission, bringing the foundation's total contributions to $50 million.

Grantsville Marketplace, arising in wake of Redwood Swap Meet's closure, to launch on Sunday

05/02/2025 4:04pm
Grantsville Marketplace, arising in the wake of last year's closure of the Redwood Swap Meet in West Valley City, is set to launch operations on Sunday.

Tesla chair denies plans to look for new CEO to replace Musk

05/02/2025 2:47pm
Tesla chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement for CEO Elon Musk.

Homebuilders offer bigger incentives to lure buyers

05/02/2025 2:05pm
With the number of unsold newly built homes hitting the highest level since 2009, builders are trying to lure buyers by buying down mortgage rates, cutting prices, and upgrading features, The Wall Street Journal reported.

Kohl's fires new CEO for personal relationship with a vendor

05/02/2025 10:57am
Kohl's said on Thursday it had fired CEO Ashley Buchanan after an investigation found he had pushed for deals with a vendor with whom he had a personal relationship, after little more than 100 days in the CEO job.

Trump signs order that aims to cut funding to NPR, PBS

05/02/2025 9:45am
President Donald Trump signed an executive order that aims to cut funding to news outlets NPR and PBS, the White House said, marking the president's latest attempt to use federal funding as leverage against institutions he does not view favorably.

Amazon sellers are stocking up in the face of tariffs, but it's a short-term fix

05/02/2025 8:26am
Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration's tariffs on its e-commerce business, but the company may have few options left to ensure small third-party sellers stay put in the face of crushing levies.