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Utah & U.S. Business & Finance News
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Rivian recalls nearly 99,000 vehicles over rearview camera display issue
Reuters | Updated Sept. 23 - 1:37 a.m. | Save Story
Rivian Automotive is recalling 98,828 vehicles in the US due to an obstruction issue with the rearview camera image, potentially reducing the driver's view behind the vehicle, the US auto safety regulator said on Wednesday.
Grab execs buy back shares after stock hits 3-year low on Atome deal
Reuters | Updated Sept. 23 - 1:31 a.m. | Save Story
Top executives of Grab bought more than $30 million worth of company shares this week after the Singapore-based ride hailing and financial service firm's stock slumped to a more than three-year low following a deal to acquire a buy-now-pay-later provider.
Royal Caribbean acquires stake in resort operator Sandals for $3 billion
Reuters | Updated Sept. 22 - 11:57 p.m. | Save Story
Royal Caribbean Group said on Wednesday it had agreed to acquire a 50% stake in Caribbean resorts operator Sandals Resorts International for $3 billion, expanding the cruise company's presence in land-based vacation experiences.
Eagle Mountain rezoning for possible data center draws little opposition
VideoDan Rascon, KSL | Posted Sept. 22 - 10:14 p.m. | Save Story
While proposed data centers have sparked heated debates in communities across Utah and the country, a public hearing in Eagle Mountain drew little public interest Tuesday night.
What's the price tag — in dollars and missile interceptor stockpiles — of the Iran War?
Jason Swensen, Deseret News | Posted Sept. 22 - 10:01 p.m. | Save Story
The U.S. military's ongoing conflict with Iran is exacting a heavy cost in both cash and weaponry, according to an analysis released this week by the Congressional Budget Office.
Lowe's employees give back to their community on Red Vest Day
Allison Stuart, KSL | Posted Sept. 22 - 7:20 p.m. | Save Story
Lowe's associates volunteered time and energy on Tuesday to LifeStart Village in Midvale completing improvement projects to support single-parent families who are rebuilding after homelessness.
Sandy among Utah communities set to celebrate 'Dolly Day'
VideoAndrew Adams, KSL | Posted Sept. 22 - 7:10 p.m. | Save Story
As multiple cities and businesses plan to celebrate "Dolly Day," Sandy said it was planning to host a free outdoor showing of the movie "Steel Magnolias" to honor the late country star.
Utah Youth Sports Giving Day close to $4 million in overall donations
VideoAlex Cabrero, KSL | Posted Sept. 22 - 6:13 p.m. | Save Story
The Utah Youth Sports Giving Day campaign has collected close to $4 million in overall donations since it began earlier this month.
DoorDash to pay $131M for underpaying delivery workers in New York City
The Associated Press | Updated Sept. 22 - 5:54 p.m. | Save Story
DoorDash will pay $131.5 million to settle claims that it underpaid delivery workers in New York City, Mayor Zohran Mamdani announced Tuesday.
More than 100 riders now allege brain injuries from Six Flags roller coaster following CNN investigation
Blake Ellis, Melanie Hicken, Kyung Lah, CNN | Posted Sept. 22 - 4:58 p.m. | Save Story
More than 100 people say they suffered brain injuries from a Six Flags roller coaster in the last two years alone, following a CNN investigation last month that linked the ride to life-altering injuries and deaths.
Trump administration to remove 760,000 Affordable Care Act enrollees over fraud claims
Fatima Hussein & Michelle Price, Associated Press | Posted Sept. 22 - 4:25 p.m. | Save Story
Vice President JD Vance and White House officials are announcing plans to remove 760,000 Affordable Care Act enrollees from public healthcare exchanges.
Apollo private credit fund redemption requests ease in third quarter
Reuters | Updated Sept. 22 - 3:52 p.m. | Save Story
Asset manager Apollo Global Management recorded lower withdrawal requests at its flagship private credit fund in the third-quarter tender offer, suggesting redemption queues are beginning to clear.
Meta, Utah Valley University partnering to build observatory in Eagle Mountain
Logan Stefanich, KSL | Updated Sept. 22 - 2:43 p.m. | Save Story
Tech giant Meta continues to expand its ties in the Beehive State, with its latest move coming through a $450,000 gift to Utah Valley University for the construction of the Walden Park Observatory in Eagle Mountain.
Exclusive-Meta testing a 'human concierge' for its new personal AI agent, Muse
Katie Paul, Reuters | Updated Sept. 22 - 2:38 p.m. | Save Story
Meta has been testing a "human concierge" for its new personal AI assistant, Muse, which entails having human contractors quietly handle some of the phone calls placed via the digital agent, according to internal company posts seen by Reuters.
New York airport operations resume after disruptions across Northeast due to technical problems
Josh Funk, Associated Press | Updated Sept. 22 - 1:31 p.m. | Save Story
Flights are taking off and landing at New York City-area airports with some delays and cancellations after technicians repaired data lines at a key regional air traffic control center in Philadelphia.
Wall Street expects Meta's AI agent to shape into a new revenue engine
Shashwat Chauhan, Reuters | Updated Sept. 22 - 12:22 p.m. | Save Story
Wall Street has turned bullish on Meta Platforms, betting that its new AI agent Muse could open a new revenue stream for the social media giant and reshape the company's AI monetization prospects.
Corporate bond buyers get picky with flood of AI debt
Gertrude Chavez-Dreyfuss, Reuters | Updated Sept. 22 - 12:20 p.m. | Save Story
The market for highly rated corporate credit has split in two: bonds issued by AI-related firms are being met with caution, while those sold by so-called traditional issuers such as financial and industrial firms are prompting spirited bidding.
Anthropic unveils Claude Opus 5.5
Reuters | Updated Sept. 22 - 11:08 a.m. | Save Story
Anthropic on Tuesday launched Claude Opus 5.5, a new AI model that it says delivers performance comparable to its top-tier Fable 5.1 while costing 40% less to run than its predecessor.
