Utah & U.S. Business & Finance News
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Spirit Airlines files for bankruptcy again but vows to keep flying
Rio Yamat, Associated Press | Posted Aug. 30 - 1:52 p.m. | Save Story
Budget carrier Spirit Airlines said Friday that it has filed for fresh bankruptcy protection months after emerging from a Chapter 11 reorganization.
Meta created flirty chatbots of Taylor Swift, other celebrities without permission
Jeff Horwitz, Reuters | Posted Aug. 30 - 10:54 a.m. | Save Story
Meta has appropriated the names and likenesses of celebrities – including Taylor Swift, Scarlett Johansson, Anne Hathaway and Selena Gomez – to create dozens of flirty social-media chatbots without their permission, Reuters has found.
US low-value package tariff exemption ends, raising costs for shippers, consumers
David Lawder and Andrea Shalal, Reuters | Updated Aug. 29 - 5:46 p.m. | Save Story
The U.S. tariff exemption for package shipments valued under $800 ended on Friday, raising costs and disrupting supply chain models for e-commerce companies, small businesses using online marketplaces and consumers alike.
Utah drivers may avoid rising gas prices this Labor Day, but delays are expected
Carter Williams, KSL.com | Posted Aug. 29 - 12:05 p.m. | Save Story
Utah drivers might avoid issues at the pump this Labor Day weekend. Traffic might be a different story in some areas.
Trump escalates spending fight with Congress, says he will cancel $5 billion
Nolan D. McCaskill and Bo Erickson, Reuters | Posted Aug. 29 - 11:17 a.m. | Save Story
President Donald Trump has moved to unilaterally cancel $4.9 billion in federal funding authorized by Congress, escalating the fight over who controls the nation's spending.
780,000 pressure washers under recall after explosion reports
Associated Press | Updated Aug. 28 - 9:44 p.m. | Save Story
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada due to a projectile hazard that has resulted in fractures and other injuries.
Will mortgage rates keep falling?
Lisa Riley Roche, Deseret News | Posted Aug. 28 - 7:46 p.m. | Save Story
Mortgage rates headed down this week, reaching a 10-month low, but a Zions Bank mortgage manager said Thursday the best time to buy might be now.
Ford recalls nearly 500,000 vehicles over brake fluid leak
Reuters | Posted Aug. 28 - 10:31 a.m. | Save Story
Ford Motor is recalling nearly 500,000 vehicles in the U.S over a brake fluid leak issue, the National Highway Traffic Safety Administration said on Thursday.
Fed Governor Cook sues Trump after he attempted to fire her
Daniel Wiessner, Reuters | Updated Aug. 28 - 9:30 a.m. | Save Story
Federal Reserve Governor Lisa Cook filed a lawsuit on Thursday claiming President Donald Trump has no power to remove her from office, setting up a legal battle.
Fighter jets, lake preservation, law enforcement earmarked by Utah's congressional delegation
Cami Mondeaux, Deseret News | Posted Aug. 28 - 7:40 a.m. | Save Story
Investments for Air Force repairs, various water projects, and law enforcement offices are only some of the funding requests submitted by Utah lawmakers for next year's congressional budget.
Nvidia's AI chip sales surged again in latest quarter, but worries about a tech bubble persist
Michael Liedtke, Associated Press | Posted Aug. 27 - 10:34 p.m. | Save Story
Nvidia's sales of its artificial intelligence chipsets remained high last quarter, but the demand wasn't quite feverish enough to ease recent worries that the AI craze may be fading.
As Sundance leaves Utah, Ogden will serve as new US home of Raindance Film Festival
Tim Vandenack, KSL.com | Posted Aug. 27 - 9:05 p.m. | Save Story
With Sundance to leave Utah next year, Ogden will serve as the new U.S. home of the London-based Raindance Film Festival starting in 2027.
India hit by US doubling of tariffs, plans to cushion blow
David Lawder and Manoj Kumar, Reuters | Updated Aug. 27 - 7:50 a.m. | Save Story
President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, dealing a serious blow to ties between the two countries.
Judge rebuffs Ogden Valley boosters' push to temper Weber County's land-use authority
Tim Vandenack, KSL.com | Posted Aug. 27 - 6:15 a.m. | Save Story
A judge has rejected a request for a court injunction tempering Weber County leaders' land-use authority in the Ogden Valley ahead of the area's incorporation.
SpaceX's Starship passes development rut, deploys first mock satellites
Joey Roulette, Reuters | Posted Aug. 26 - 10:25 p.m. | Save Story
SpaceX's Starship rocket on Tuesday deployed its first batch of mock Starlink satellites in space and tested new heat shield tiles, clinching development milestones held up by previous failures.
Cracker Barrel sticks to old logo after social media backlash
Juveria Tabassum, Bhargav Acharya, Susan Heavey and Rhea Rose Abraham, Reuters | Updated Aug. 26 - 9:46 p.m. | Save Story
Cracker Barrel said on Tuesday that it will stick with its decades-old logo, scrapping plans for a new one following social media backlash, including from President Donald Trump.
How families can save money this back-to-school season
Gordon Ebanks, CNN | Posted Aug. 26 - 7:33 p.m. | Save Story
With back-to-school season in full swing, families across the country are continuing to feel the sting of high prices.
Fed Gov. Cook will sue Trump to keep her job, lawyer says
Howard Schneider, Ann Saphir and Trevor Hunnicutt, Reuters | Updated Aug. 26 - 4:25 p.m. | Save Story
Federal Reserve Gov. Lisa Cook will file a lawsuit to prevent President Donald Trump from firing her, her lawyer said Tuesday, as fights over White House efforts to shape monetary policy continue.
