Saved once by fed help, Salt Lake business owner hopes new PPP can get her across pandemic finish line

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Pandemic-driven need for internet leads Utah's UTOPIA Fiber to record year

Pandemic-driven need for internet leads Utah's UTOPIA Fiber to record year

Lauren Bennett, KSL.com  |  Posted Jan 15th - 7:11pm

As more people transitioned this year to working from and remote school, the need for at-home access to faster internet rose — that's where UTOPIA Fiber stepped in to help.
Wall Street closes lower as banks, energy shares tumble

Wall Street closes lower as banks, energy shares tumble

Echo Wang, Reuters  |  Updated Jan 15th - 2:45pm

Wall Street's main indexes finished lower on Friday, weighed down by big U.S. banks after their earnings reports, while the energy fell sharply due to a regulatory probe into Exxon Mobil Corp.
U.S. shale producers lock in future sales as oil prices rise to one-year high

U.S. shale producers lock in future sales as oil prices rise to one-year high

Devika Krishna Kumar and Jennifer Hiller, Reuters  |  Updated Jan 15th - 2:34pm

U.S. shale producers are taking advantage of the oil market's rally to levels not seen in nearly a year by locking in prices for future sales, sources familiar with the matter said.
Dollar finishes week stronger as U.S. data hurts risk appetite

Dollar finishes week stronger as U.S. data hurts risk appetite

Saqib Iqbal Ahmed, Reuters  |  Updated Jan 15th - 2:03pm

The U.S. dollar rose across the board to hit a four-week high against a basket of currencies on Friday, as data showing the COVID-19 pandemic's continuing toll on the economy boosted demand for the safe-haven currency.
Dating app Bumble reveals steady revenue growth, losses in IPO filing

Dating app Bumble reveals steady revenue growth, losses in IPO filing

Reuters  |  Updated Jan 15th - 1:36pm

Dating app Bumble, which is backed by private equity firm Blackstone Group, on Friday made public its regulatory filing for an initial public offering, revealing steady revenue growth and higher operating costs that resulted in a loss.
Fed to stick to super-easy policy amid economic 'lull'

Fed to stick to super-easy policy amid economic 'lull'

Reuters  |  Updated Jan 15th - 1:20pm

The Federal Reserve has no plans to dial back its super-easy policy even as the incoming Biden administration lobbies for a new and massive round of stimulus that sets the economy up for faster growth once vaccines are fully rolled out.
Retail group: Holiday sales up 8.3% amid big spending shift

Retail group: Holiday sales up 8.3% amid big spending shift

Anne D'Innocenzio, Associated Press  |  Posted Jan 15th - 10:32am

The nation's largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores.
Huntsman Mental Health Institute at University of Utah dedicated

Huntsman Mental Health Institute at University of Utah dedicated

Lisa Riley Roche, Deseret News  |  Posted Jan 15th - 6:29am

The Huntsman Mental Health Institute at the University of Utah was dedicated during the coronavirus pandemic that has made the need for mental health care more urgent than ever.
Biden unveiling $1.9T plan to stem virus and steady economy

Biden unveiling $1.9T plan to stem virus and steady economy

Ricardo Alonso-zaldivar and Bill Barrow, Associated Press  |  Updated Jan 14th - 10:38pm

President-elect Joe Biden is unveiling a $1.9 trillion coronavirus plan Thursday to turn the tide on the pandemic, speeding up the vaccine rollout and providing financial help to individuals, states and local governments and businesses struggling with the prolonged economic fallout.
Disneyland ends annual passes 10 months after virus closure

Disneyland ends annual passes 10 months after virus closure

The Associated Press  |  Posted Jan 14th - 6:26pm

Disneyland is ending its annual pass program 10 months after the theme park shut down because of the coronavirus pandemic, the theme park said Thursday.
IMF urges continued strong fiscal, monetary support given uncertainty

IMF urges continued strong fiscal, monetary support given uncertainty

Andrea Shalal, Reuters  |  Posted Jan 14th - 4:31pm

The International Monetary Fund is urging countries to continue strong fiscal and monetary efforts to support their economies given continued uncertainty about the risks posed by a resurgence in COVID-19 cases and new variants.
Airlines step up precautions ahead of U.S. presidential inauguration

Airlines step up precautions ahead of U.S. presidential inauguration

David Shepardson and Tracy Rucinski, Reuters  |  Posted Jan 14th - 12:45pm

Major U.S. airlines are stepping up security measures ahead of next week's presidential inauguration after supporters of President Donald Trump disrupted some flights following violence at the U.S. Capitol last week.
Companies offer incentives to push workers to get COVID-19 vaccine

Companies offer incentives to push workers to get COVID-19 vaccine

Alexandra Olson and Dee-ann Durbin, Associated Press  |  Posted Jan 14th - 12:14pm

As COVID-19 vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots.
Toyota settles U.S. probe into delayed emissions defect reports for $180 million

Toyota settles U.S. probe into delayed emissions defect reports for $180 million

David Shepardson, Reuters  |  Posted Jan 14th - 11:26am

Toyota settled a lengthy Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, the government said on Thursday.
US weekly jobless claims increase more than expected

US weekly jobless claims increase more than expected

Reuters  |  Posted Jan 14th - 7:01am

The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor market conditions as a worsening COVID-19 pandemic disrupts operations at restaurants and other businesses.
Environmentalists move toward lawsuit over fuel break plan

Environmentalists move toward lawsuit over fuel break plan

Scott Sonner, Associated Press  |  Posted Jan 13th - 10:41pm

Environmentalists have filed a notice of intent to sue to block plans to build up to 11,000 miles of fuel breaks they contend would violate the Endangered Species Act in a misguided effort to slow the advance of wildfires in six Western states, including Utah.
Small businesses prepare to apply for second round of PPP loans

Small businesses prepare to apply for second round of PPP loans

Matt Rascon, KSL TV  |  Posted Jan 13th - 10:20pm

Small businesses were preparing to apply for the second round of PPP loans Tuesday, hours ahead of when the U.S. Small Business Administration will begin accepting applications.
California expands eligibility for coronavirus vaccine

California expands eligibility for coronavirus vaccine

Adam Beam and Amy Taxin, Associated Press  |  Updated Jan 13th - 6:51pm

California made another 4 million people eligible for the coronavirus vaccine on Wednesday, intensifying a competition among the state's biggest counties as they race to acquire enough doses to inoculate their populations while the state endures another surge in new cases and deaths.
Google rolls out fix for issues with Android contact tracing apps

Google rolls out fix for issues with Android contact tracing apps

Reuters  |  Posted Jan 13th - 6:50pm

Alphabet Inc's Google said on Wednesday it has rolled out a fix for issues with some Android apps developed using the company's Exposure Notifications System that helps in COVID-19 contact tracing.