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Business & Labor
1:30 pm
Tue April 23, 2013

Borrower Advocacy Groups Present Resolution at Wells Fargo Shareholder Meeting

Credit Bob Nelson
Josh Zinner of NEDAP at the podium near Wells Fargo Bank at the corner of 300 South 400 East in Salt Lake City. Zinner is pictured with advocates for owners of foreclosed homes and other financially disadvantaged groups.
Business & Labor
5:12 pm
Thu April 18, 2013

Dep Commerce Secretary Talks Manufacturing in Utah

Credit http://www.commerce.gov/

One of the nation’s top commerce officials was in Utah today admiring the state’s economic development strategies and touting the president’s new initiative designed to bring high-tech manufacturing and clean energy jobs to communities across the country. 

U.S. Deputy Secretary of Commerce Rebecca Blank toured Hexcel, a company in West Valley that produces structural materials for aircraft and space vehicles. Blank says Utah has explicitly built the infrastructure necessary to attract this type of industry and create jobs.

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Business & Labor
5:10 pm
Wed April 17, 2013

Broadway-Style Theater Design Unveiled

Salt Lake City officials unveiled the design scheme for the city’s new 2500 seat, Broadway-style Theater. It’s sleek and modern, but designers say they didn’t lose sight of the city’s surrounding historic architecture. 

Cesar Pelli is the lead architect for design firm Pelli Clark Pelli. He says the design scheme includes what he calls the city’s existing DNA. The New Performing Arts Center will be located on Main Street in downtown Salt Lake City, just south of City Creek Center.

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Business & Labor
2:24 pm
Tue April 16, 2013

Kennecott Expects Huge Loss in Production After Slide

Credit Kennecott Utah Copper

The early estimates of the size of the Bingham Canyon mine slide show that more than 165 million tons of rock and dirt have slid into the bottom of the mine. That makes this slide the largest to ever happen there. Kennecott Utah Copper spokesperson, Kyle Bennett, says it will have a large impact on their yearly copper production.

"The 165 million ton slide does translate, unfortunately, into a reduced production of refined and mined copper of about 50 percent,” he says.

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Business & Labor
4:49 pm
Thu April 11, 2013

Microsoft Opens Utah’s First Store at City Creek Center

Credit Andrea Smardon

Utah’s first Microsoft store opened its doors Thursday at City Creek Center. Customers were greeted with high fives and cheers at the door. Some came for the giveaways and free concert tickets, but Kelly McClean of Salt Lake City says she came out of curiosity. 

“I’d never heard of a Microsoft store before, so I thought I’d come and check it out,” McClean says. 

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Business & Labor
4:17 pm
Thu April 11, 2013

City Expands Glass Recycling With New Facility

Credit Utah State Law Library

More Salt Lake City residents are recycling glass since curbside pickup started last fall. Today city officials celebrated the grand opening of a new facility that will increase the city’s capacity to process the glass and yield a more sustainable end product. 

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Business & Labor
3:11 pm
Thu April 11, 2013

Kennecott Reports Landslide At Bingham Canyon Mine

Ground movement at the Bingham Canyon Mine resulted in a landslide last night. The slide occurred around 9:30 p.m. on the North side of the mine near where the visitor’s center was previously located. Kennecott Utah Copper spokesman Kyle Bennett says all employees at the mine are safe and accounted for. All work at the mine has also been suspended until geotechnical experts get a better assessment of the situation.

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Business & Labor
4:29 pm
Wed April 10, 2013

Airport TRAX Line Opens This Weekend

The new TRAX line that transports riders to and from Salt Lake International Airport is scheduled to open this Sunday. Reporters were invited to ride the train this morning. 

Imagine flying into Salt Lake City for the first time, exiting the terminal, boarding a train and taking in a view of the Wasatch and Oquirrh Mountains at 60 miles per hour.  Steve Meyer, Chief Capital Development Officer for Utah Transit Authority says that’s a great way to enter the community.

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Business & Labor
7:18 pm
Tue April 9, 2013

Ogden-Hinckley Tower Stays For Now

Credit File:standard.net

The Ogden-Hinckley Airport Control Tower will stay in operation at least until June 15th following a last minute decision by the Federal Aviation Administration on Friday. Federal budget cuts due to sequestration are threatening 149 similar operations across the country because contractors run the towers. Royal Eccles is the airport manager in Ogden. He says his issue isn’t so much with Congress as it is with the FAA.

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Business & Labor
4:33 pm
Tue April 9, 2013

Business Leaders Urge Congress to Act on Immigration

Vale Hale, President and CEO of the Utah Valley Chamber of Commerce.

Business leaders in Utah say they’re disappointed in the state’s two U.S. Senator’s for trying to delay comprehensive immigration reform while the economy suffers. But Republican Senator’s Orrin Hatch and Mike Lee say they’re not ready to back a catch-all bill, especially if it contains a pathway to citizenship for undocumented immigrants.

Congress returned from Spring break this week with immigration reform at the top of the agenda. Salt Lake Chamber President and CEO Lane Beattie says for members of Utah’s delegation to say they need more time is ridiculous.

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Business & Labor
3:51 pm
Mon April 8, 2013

Salt Lake City Launches Bike Share Program

Salt Lake City Councilman Carlton Christensen with a bike Salt Lake City's new GREENbike program.

Salt Lake City officially launched its much-anticipated  bike share program today. It’s called GREENbike and it offers unlimited short-term trips between stations scattered across the city. 

GREENbike is not quite a rental system. With memberships ranging from $5 a day to $75 a year, users pick up a bike at one of the solar-powered kiosks. But instead of chaining it to a corral or storing it at an office, the user returns it to the nearest kiosk for someone else to use. 

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