Business

Prosecutors: Phony letter to judge sought leniency for Bountiful fraud convict

Daniel Scott Frischknecht WEB ONLY

A fired Bountiful bank manager who stole $565,000 and bought a house with the loot is now charged...

Business

US new-home sales climbed 6.7 percent in May

New Home Sales

WASHINGTON (AP) — Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April. The South reported...


Business

AP Top Business News at 11:21 a.m. EDT

US new-home sales climbed 6.7 percent in May Beijing hopes US will treat Chinese investments fairly China, EU to form group to modernize global trade rules US imported more seafood in 2017 than any prior year Harley, stung by tariffs, shifts some production overseas Stocks fall on report US may...


Business

Supreme Court rules for American Express in credit card case

WASHINGTON (AP) — The Supreme Court handed American Express a win Monday in a lawsuit over rules it imposes on merchants who accept its cards. Under their contracts, merchants who accept American Express generally can’t encourage customers to use other credit cards, even though they charge...


Business

In Texas, Trump's steel tariff stirs uncertainty and concern

Trump Steel Tariffs

BAYTOWN, Texas (AP) — Joel Johnson examines the shipping labels on 35-ton coils of American-made steel that will be unspooled, bent and welded into rounded sections of pipe. One’s from Nucor, a mill in Arkansas. Another’s from Steel Dynamics in Mississippi. But much harder to spot in the sprawling...


Business

Harley, stung by tariffs, shifts some production overseas

Harley Davidson Tariffs

MILWAUKEE (AP) — Harley-Davidson, up against spiraling costs from tariffs, will begin to shift the production of motorcycles headed for Europe from the U.S. to factories overseas. The European Union on Friday began rolling out tariffs on American imports like bourbon, peanut butter and orange juice....


Business

China, EU to form group to modernize global trade rules

China EU

BEIJING (AP) — China and the European Union agreed Monday to launch a group that will work to update global trade rules to address technology policy, subsidies and other emerging irritants and preserve support for international trade amid U.S. threats of import controls. Actions such as U.S....


Business

Stocks fall on report US may limit tech exports to China

Financial Markets Wall Street

NEW YORK (AP) — U.S. stocks are falling Monday morning following losses in Europe and Asia, and technology companies are skidding after The Wall Street Journal reported that the Trump administration plans to limit high-tech exports to China and will limit Chinese investment in American technology...


National Business

Beijing hopes US will treat Chinese investments fairly

BEIJING (AP) — China’s foreign ministry on Monday expressed concern over reports that U.S. President Donald Trump plans to curb Chinese investments in the United States, and urged Washington to provide a “good, fair, and predictable” environment for Chinese companies. “We hope the U.S. side will...


Business

BC-CO-Denver Beans, CO

GL—GR510 Greeley, CO Mon Jun 25, 2018 USDA-CO Dept of Ag Market News Dry Edible Beans Daily Grower Bids - ND/MN and NE CO/WY/W NE Beans Region Bids Change Pinto ND/MN 21.00-22.00 Steady NE CO/WY/W NE 21.00 Steady Black ND/MN 25.00-26.00 Steady Great Northern NE CO/WY/W NE 21.00 Steady Navy ND/MN 23....


Business

Grains lower and livestock lower

CHICAGO (AP) — Grain futures were lower Monday in early trading on the Chicago Board of Trade. Wheat for July delivery fell 12.60 cents at $4.76 a bushel; Jul corn was off 7.20 cents at $3.5040 a bushel; July oats lost .60 cent at $2.4140 a bushel while July soybeans declined 16.40 cents at $8.7460...


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