Royal Caribbean acquires stake in resort operator Sandals for $3 billion

Royal Caribbean Group said on Wednesday it had agreed to acquire a 50% ​stake in Caribbean resorts operator Sandals Resorts International for $3 billion, expanding the cruise company's presence in land-based vacation experiences.

H&M founding family builds stake as turnaround struggles to gain traction

The billionaire family behind H&M is quietly increasing its stake, fuelling speculation it ​could take the fast-fashion retailer private as CEO Daniel Erver's turnaround efforts have so far failed to boost the shares or lift sales significantly.

Eagle Mountain rezoning for possible data center draws little opposition

While proposed data centers have sparked heated debates in communities across Utah and the country, a public hearing in Eagle Mountain drew little public interest Tuesday night.

What's the price tag — in dollars and missile interceptor stockpiles — of the Iran War?

The U.S. military's ongoing conflict with Iran is exacting a heavy cost in both cash and weaponry, according to an analysis released this week by the Congressional Budget Office.

Lowe's employees give back to their community on Red Vest Day

Lowe's associates volunteered time and energy on Tuesday to LifeStart Village in Midvale completing improvement projects to support single-parent families who are rebuilding after homelessness.

Sandy among Utah communities set to celebrate 'Dolly Day'

As multiple cities and businesses plan to celebrate "Dolly Day," Sandy said it was planning to host a free outdoor showing of the movie "Steel Magnolias" to honor the late country star.

Utah Youth Sports Giving Day close to $4 million in overall donations

The Utah Youth Sports Giving Day campaign has collected close to $4 million in overall donations since it began earlier this month.

More than 100 riders now allege brain injuries from Six Flags roller coaster following CNN investigation

More than 100 people say they suffered brain injuries from a Six Flags roller coaster in the last two years alone, following a CNN investigation last month that linked the ride to life-altering injuries and deaths.

Trump administration to remove 760,000 Affordable Care Act enrollees over fraud claims

Vice President JD Vance and White House officials are announcing plans to remove 760,000 Affordable Care Act enrollees from public healthcare exchanges.

Apollo private credit fund redemption requests ease in third quarter

Asset manager Apollo Global Management recorded lower withdrawal requests at its flagship private ​credit fund in the third-quarter tender offer, suggesting redemption queues are beginning to clear.

Meta, Utah Valley University partnering to build observatory in Eagle Mountain

Tech giant Meta continues to expand its ties in the Beehive State, with its latest move coming through a $450,000 gift to Utah Valley University for the construction of the Walden Park Observatory in Eagle Mountain.

Anthropic unveils Claude Opus 5.5

Anthropic on Tuesday launched Claude Opus 5.5, a new AI ​model that it says delivers performance comparable to its top-tier Fable 5.1 while costing 40% less to ‌run than its predecessor.

Exclusive-Meta testing a 'human concierge' for its new personal AI agent, Muse

Meta has been testing a "human concierge" for its new personal AI assistant, Muse, which entails having human contractors quietly handle some of the phone calls placed via the digital agent, according to internal company ​posts seen by Reuters.

DoorDash to pay $131M for underpaying delivery workers in New York City

DoorDash will pay $131.5 million to settle claims that it underpaid delivery workers in New York City, Mayor Zohran Mamdani announced Tuesday.

New York airport operations resume after disruptions across Northeast due to technical problems

Flights are taking off and landing at New York City-area airports with some delays and cancellations after technicians repaired data lines at a key regional air traffic control center in Philadelphia.

Nasdaq hits intraday record high as tech stocks regain footing

The Nasdaq Composite touched an intraday record high on Tuesday for the first time since ​early June as technology stocks clawed back lost ground and retreating oil prices boosted risk appetite.

Palo Alto Networks unveils AI-powered cybersecurity service using Claude, GPT models

Palo Alto Networks said on Tuesday it ​would launch a new cybersecurity service for businesses, using advanced AI models ‌from Anthropic and OpenAI to help identify security vulnerabilities ⁠across corporate systems.

Goldman appoints Simon Lyons UK investment banking co-head

Goldman Sachs has appointed Simon Lyons as co-head of UK investment banking, ​a spokesperson for the US bank confirmed. Lyons will join as a partner alongside co-head Nimesh Khiroya.

Wall Street expects Meta's AI agent to shape into a new revenue engine

Wall Street has turned bullish on Meta Platforms, betting that its new AI agent Muse could open a new revenue stream for the social ​media giant and reshape the company's AI monetization prospects.

CD&R and Warburg Pincus in joint bid for Canaccord Wealth, sources say

Private equity groups CD&R and Warburg ​Pincus are in talks to buy Canaccord Genuity's British wealth arm, Canaccord Wealth, two people familiar ‌with the matter said.

Binance buys $100 million stake in Circle, expands partnership

Circle said on Tuesday that Binance has purchased a $100 ​million stake in the stablecoin issuer, deepening the crypto exchange's ties with the company behind ‌USDC, a major dollar-pegged token.

AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO

Accelevation is targeting a valuation of up to $5.37 billion in its ​US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand ‌for AI-linked stocks.

Corporate bond buyers get picky with flood of AI debt

The market for highly rated corporate credit has split in two: bonds issued by AI-related firms are being met with caution, while those sold by so-called traditional issuers such as financial and industrial ​firms are prompting spirited bidding.

IELTS English-language exam co-owner IDP spurns Blackstone's sweetened bid

IDP Education on Tuesday rejected a roughly A$694.7 ​million ($493.93 million) takeover proposal from Blackstone, saying the sweetened bid was "highly opportunistic" and substantially undervalued the business.