TSMC's third-quarter revenue surges to record, beating market forecast

TSMC, the world's largest contract chipmaker, reported on Thursday record third-quarter revenue ​of T$1.49 trillion ($46.71 billion), beating the market forecast and rising 50% from the year-earlier period due to surging demand for AI ‌applications.

Warriors Over the Wasatch air show to return in 2027 after cancellation

The Warriors Over the Wasatch air show will return in 2027 after it was canceled last April so that resources at Hill Air Force Base could support ongoing operations.

Public input requested on Grand Canyon North Rim plans

The National Park Service announced it was seeking public input on potential plans to redevelop the Grand Canyon National Park's North Rim as businesses continue to navigate challenges.

Ryan Smith launches survey in search for 'strong local vibe' at SLC entertainment district

With two-thirds of the Delta Center's renovation now complete, the owner of the Utah Jazz and Mammoth is now shifting his attention to a planned district east of it.

Some guardrails on ChatGPT for Teens don't work as promised, watchdog group says

Some of the guardrails that OpenAI included in ChatGPT for Teens product don't work as intended, and the chatbot poses an "unacceptable risk" to children, according to a report.

Department of Energy awards funding to Utah geothermal projects

The U.S. Department of Energy awarded $99 million to 21 geothermal projects nationwide, including five projects in Utah focused on testing technology and exploring geothermal resources.

US government, Google join Zuckerberg-backed Biohub in $1.8 billion push for AI biology data

The U.S. government and tech heavyweights Meta Platforms and Google parent Alphabet are joining nonprofit Biohub to build open ​datasets to train AI models for biological research.

Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company

Samsung Electronics on Thursday projected its quarterly profit would top 100 trillion won, a world first for a technology company, ​estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.

Home price cuts hit September record

The share of U.S. home sellers cutting prices just hit a new high for September.

Some Utah ski resorts adding new terrain this winter

As skiers and snowboarders dream about the possibilities a Super El Niño could bring, resorts are gearing up with upgraded lifts, expanded terrain and enhanced amenities.

Utah consumer sentiment falls to lowest level since May amid soaring gas prices, mortgage rates

Utah's consumer sentiment dropped 4.6% in September to its lowest level since May.

Pharma lobby sues Trump administration over Medicare drug price cuts

The pharmaceutical industry's top lobby group on Wednesday sued to invalidate the Trump administration's efforts to benchmark U.S. drug prices ​to lower costs overseas in the Medicare health insurance program, arguing that it is an illegal government overreach.

UPS to cut holiday hiring for second straight year

United Parcel Service on Wednesday said it ​would hire 100,000 seasonal employees across the U.S. ahead of the holiday season, ‌about 9% fewer than 2025 and marking the second straight ⁠year of reduced ​recruitment.

Bezos quip, Ive design shaped Ferrari's Luce EV, Elkann says

When John Elkann first started thinking seriously about an electric Ferrari a decade ago, the prompt came ​from an unlikely source: a walk with Amazon founder Jeff Bezos, the Ferrari chairman said on Wednesday.

Kalshi is launching prediction apps with Native American tribes. That's dividing Indian country

Tribal communities are increasingly divided over prediction markets, with some tribes partnering with Kalshi for revenue while others fear the platforms could undermine tribal casino gaming.

Historic Salt Lake City chapel restoration project moves forward

A project to restore the historic Fifth Ward meetinghouse showed visible signs of progress Tuesday, as the owner said he hoped to have work completed in a year.

At Paris Fashion Week, longer, hotter summers pose new challenge

Longer, hotter summers are disrupting fashion's seasonal calendar, forcing luxury brands to adapt designs and threatening sales of ​higher-margin winter clothing.

Life sciences firm Danaher to launch AI-powered autonomous research lab in 2027

Life sciences company Danaher said on Wednesday ​it plans to launch its first AI-powered autonomous research lab early next ‌year to make drug discovery and development faster and more ⁠efficient.

UPS to hire 100,000 temporary workers for holiday season

United Parcel Service on Wednesday said ​it would hire 100,000 seasonal employees across the US, as it prepares ‌for a spike in parcel volumes for the ⁠upcoming holiday season.

AI companies run virtual drug trials, aim to improve success of human studies

Novartis' experimental del-desiran for a rare type of muscular dystrophy was expected to be a winner, with the Swiss company's CEO predicting annual peak sales of $5 billion. When a late-stage trial missed its goal last month, shares fell 11%, erasing $30 billion in market ​value.

Nomura Asset counting on Japanese market enthusiasm to expand global business

(Corrects AUM in paragraph 7 to 128 trillion yen for Nomura Asset Management, not 156 trillion yen for ​Nomura's investment management division)

German industrial output rises more than expected in August

German industrial production rose more than expected in August despite disruptions to ​Rhine shipping caused by low water levels, driven by stronger activity in construction and machinery production, official data showed on Wednesday.