Utah & U.S. Business & Finance News
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Anne Wojcicki's nonprofit gets court approval to buy 23andMe for $305 million
Wyatte Grantham-philips, Associated Press | Posted July 1 - 1:33 p.m. | Save Story
Anne Wojcicki's nonprofit, TTAM Research Institute, has received court approval to acquire 23andMe, the genetic testing company she co-founded.
College graduates face toughest job market in more than a decade as hiring slows
Christopher Rugaber, Associated Press | Updated July 1 - 12:25 p.m. | Save Story
Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade.
Meta, TikTok can be sued by mother of NYC teen killed while 'subway surfing'
Jonathan Stempel, Reuters | Updated July 1 - 11:15 a.m. | Save Story
Meta Platforms and TikTok owner ByteDance must face a wrongful death lawsuit by the mother of a 15-year-old Manhattan boy who died while "subway surfing" on a moving train, a New York state judge ruled.
Trump-backed tax-cut and spending bill passes US Senate
Richard Cowan, Bo Erickson and David Morgan, Reuters | Updated July 1 - 10:42 a.m. | Save Story
The Republican-controlled U.S. Senate voted on Tuesday to pass a wide-ranging tax-cut and spending bill sought by President Donald Trump.
Starter homes are still getting smaller, new study finds
Lisa Riley Roche, Deseret News | Posted July 1 - 9:07 a.m. | Save Story
The median size of a new single-family home in the United States fell in 2024 for a third year in a row, according to a newly released report the Joint Center for Housing Studies of Harvard University.
Why Sugar House businesses see 'a light at the end of the tunnel'
Carter Williams, KSL.com | Posted July 1 - 7:43 a.m. | Save Story
Sugar House businesses are hopeful for the neighborhood's post-construction recovery and are planning a major celebration once construction challenges end later this year.
Utah sues Snapchat for 'deceptive,' addictive features, saying the app harms children
Bridger Beal-Cvetko, KSL.com | Posted June 30 - 2:12 p.m. | Save Story
Utah has accused Snapchat of using "deceptive," addictive features to attract children to the app and not doing enough to protect young users' well-being and privacy.
Lululemon accuses Costco of selling 'unauthorized' versions of its $128 pants
Jordan Valinsky, CNN | Posted June 30 - 12:30 p.m. | Save Story
Lululemon is suing Costco, alleging that the discount wholesaler is selling knockoffs of its $128 pants and other pricey athleisure clothing.
Home Depot heads deeper into the building supply business with $5 billion acquisition of GMS
Michelle Chapman, Associated Press | Posted June 30 - 11:55 a.m. | Save Story
Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement chain into building and materials supply.
Senate Republicans try to get Trump's tax cuts over the line, setting aside cost concerns
Bo Erickson and Phil Stewart, Reuters | Updated June 30 - 7:11 a.m. | Save Story
Senate Republicans on Monday will try to pass President Donald Trump's sweeping tax-cut and spending bill, despite divisions within the party about its expected $3.3 trillion hit to the nation's debt pile.
Park City skier fights for a ski pass refund after surgery sidelines his entire season
Matt Gephardt and Sloan Schrage, KSL-TV | Posted June 29 - 4:05 p.m. | Save Story
Despite having surgery, a Utah man remained hopeful he could hit the ski slopes before the season ended this year. But Vail Resorts would not refund his Epic Pass.
Trump tells Fox News he has group of wealthy people to buy TikTok
Reuters | Posted June 29 - 3:23 p.m. | Save Story
President Donald Trump said Sunday he found a buyer for the TikTok short-video app, which he described as a group of "very wealthy people" whose identities he will reveal in about two weeks.
Against the odds, Gen Z is breaking into the housing market
Samantha Delouya, CNN | Posted June 29 - 10:45 a.m. | Save Story
Despite daunting market conditions, America's youngest generation of adults is managing to break into the housing market in growing numbers.
Why are so many recent college grads across the US struggling to land jobs?
Jason Swensen, Deseret News | Posted June 29 - 8:33 a.m. | Save Story
A college degree has been seen as a ticket into the workforce, but recent graduates are facing one of the toughest job markets in more than a decade, according to The Associated Press.
Venice protests target Bezos over mounting grievances
Sara Rossi and Gavin Jones, Reuters | Posted June 29 - 7:58 a.m. | Save Story
Around 1,000 residents and activists rallied in front of Venice's train station Saturday before marching to the Rialto Bridge in the last of a series of protests against Amazon founder Jeff Bezos.
How this BYU grad balances being a mom and a creator at Pixar
Bethany Twede, Deseret News | Posted June 29 - 7:18 a.m. | Save Story
At Pixar, children who are born during the production cycle of a movie get a production credit. All three of Stacey Truman's boys have a credit.
American Fork barbershop owner injured after truck crashes into his shop
Alex Cabrero, KSL-TV | Posted June 28 - 10:33 p.m. | Save Story
The owner of Anvil Barber Co. in American Fork explains how he and his client were injured after a car crashed into the shop Friday, and how he's moving forward from the incident.
How geothermal energy may help the Point development
Amy Joi O'Donoghue, Deseret News | Posted June 28 - 9:47 p.m. | Save Story
The Utah Office of Energy Development is poised to ink a contract to tap into a study for geothermal resources for development at the Point of the Mountain — the former state prison site.
