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  • Business

    Wall Street salaries highest since 2008 crisis, report finds

    ALBANY, N.Y. (AP) — Salaries on Wall Street rose last year to their highest level since the 2008 financial crisis, according to a report issued Monday by New York state Comptroller Thomas DiNapoli. The report puts the average salary in New York City’s securities industry in 2017 at $422,500, a 13 percent increase over the […]
  • Business

    Report: Machines to handle over half workplace tasks by 2025

    GENEVA (AP) — More than half of all workplace tasks will be carried out by machines by 2025, organizers of the Davos economic forum said in a report released Monday that highlights the speed with which the labor market will change in coming years. The World Economic Forum estimates that machines will be responsible for […]
  • Business

    Co-founder of Salesforce buys Time magazine for $190 million

    WASHINGTON (AP) — Time Magazine is being sold by Meredith Corp. to Marc Benioff, a co-founder of Salesforce, and his wife, it was announced Sunday. Meredith announced that it was selling Time magazine for $190 million in cash to Benioff, one of four co-founders of Salesforce, a cloud computing pioneer. Meredith had completed the purchase […]
  • Business

    General Motors recalls some pickups and SUVs over brakes

    DETROIT (AP) — General Motors is recalling about 41,000 pickup trucks and police sports utility vehicles because of loose brake pedals. The recall covers 2015 through 2016 Chevrolet Silverado and GMC Sierra 2500 and 3500 pickup trucks, Chevrolet Silverado 1500 special service pickup trucks and some Chevrolet Tahoe sports utility vehicles made for police departments […]
  • Business

    Las Vegas shooting survivors, health care providers reunite

    LAS VEGAS (AP) — Bullet fragments are still lodged in Robert Aguilar’s back, but almost a year after he was wounded in the deadliest mass shooting in modern U.S. history, he can walk with the help of a cane and has a very special group of people to thank: the health care providers at a […]
  • Business

    SpaceX changes plans to send tourists around the moon

    CAPE CANAVERAL, Fla. (AP) — SpaceX said it has signed the first private moon traveler, with some changes to its original game plan. The big reveal on who it is — and when the flight to the moon will be — will be announced Monday at the company’s headquarters in Hawthorne, California. It’s not the […]
  • Business

    Amazon’s Jeff Bezos to start $2 billion charitable fund

    SEATTLE (AP) — Amazon founder and CEO Jeff Bezos said Thursday that he is giving $2 billion to start a fund that will open preschools in low-income neighborhoods and give money to nonprofits that helps homeless families. Bezos, whose stake in Amazon is worth about $160 billion, says that he’ll call it the Bezos Day […]
  • (Photo: Carter Williams, KSL.com) Economy

    Utah ranks first in nation for equal distribution of income

    SALT LAKE CITY —¬†Utah is now the number one state in the nation for having equality of incomes, meaning residents are relatively equal when it comes to the distribution of income between low and high earners. “We don’t have a lot of really high earners, and we don’t have a lot of people on the […]
  • Business

    Virginia winery loses grape harvest in nighttime heist

    ELLISTON, Va. (AP) — A Virginia winery has lost almost its entire crop of grapes in a nighttime theft, just hours before it was to be harvested. Firefly Hill Vineyards co-owner Allison Dunkenberger told The Roanoke Times on Wednesday that the more than 2 tons (1.8 metric tons) of grapes were worth up to $25,000, […]
  • Business

    GM recalls 1.2M pickups, SUVs for power steering problem

    DETROIT (AP) — General Motors is recalling 1.2 million big pickup trucks and SUVs mainly in North America because of power-assisted steering problems that have been cited in a number of accidents. GM says the power steering can fail momentarily during a voltage drop and suddenly return, mainly during low-speed turns. Such a failure increases […]