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EMPLOYMENT NEWS FOR JULY 24, 2017
  • WebMD Health to be sold to a KKR company for $2.8 billion

    WebMD, the online information source on health topics, announced Monday it will be acquired by Internet Brands, a new media company controlled by global investment firm Kohlberg Kravis Roberts. The transaction is valued at around $2.8 billion. Accord...
    Published 52 minutes  
  • Future of Airbus A380 superjumbo said to hinge on Emirates order

    AIRBUS,0647 Future of Airbus A380 superjumbo said to hinge on Emirates order ATTN: Financial editors Benjamin Katz Bloomberg. Airbus is working on vital sales campaigns aimed at extending the life of its flagship A380 superjumbo, with outgoing market...
    Published 49 minutes  
  • Utah saw more job creation in June but also more unemployment

    Utah’s unemployment rate rose at a slightly higher rate in June, but state officials were not overly concerned as that increase ran parallel to solid growth in new job creation. The jobless rate climbed two-tenths of a percent to 3.4 percent in Jun...
    Published 44 minutes  
  • Amazon expansion includes West Valley site

    Amazon is growing in Utah and not just in Salt Lake City. The online retail giant will open at least one smaller fulfillment center in the state as the company prepares to build a much bigger warehouse in Salt Lake City. Earlier this year, Amazon.com...
    Published 2 days, 15 hours ago  
  • Ogden conman called ‘psychopath’ and ‘unrepentant liar’ before a judge gave him a two-year prison sentence

    One of the victims of convicted Ogden conman Ryan Paul Davies said the loss of more than $100,000 brought him to the precipice.  “Thoughts of suicide was an everyday occurrence for me,” Sean Hales told a federal judge at Davies’ sentencing he...
    Published 2 days, 17 hours ago  
  • Alexa, turn up my Kenmore AC; Sears cuts a deal with Amazon

    Hoffman Estates, Ill. • Sears will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon’s voice assistant, Alexa. The announcement Thursday sent shares of Sears soaring almost 11 percent. The tie-u...
    Published 3 days, 14 hours ago  
  • Entertainment, not shopping, is what’s attracting people and businesses to downtown Salt Lake City

    In a word: experience. In another word: entertainment. And they cropped up in abundance Wednesday to explain the changing consumer tastes in the age of e-commerce and what that means for downtown Salt Lake City. Utahns are most interested in the co...
    Published 3 days, 15 hours ago  
  • Visa’s third-quarter profit beats expectations

    New York • Payment processing giant Visa said its fiscal third-quarter profit rose sharply from a year earlier, following its purchase of Visa Europe. The San Francisco-based company earned $2.06 billion in the period ending June 30, or 87 cents a ...
    Published 3 days, 18 hours ago