Amazon, seeking more skilled workers, will do the training

FILE- In this Aug. 3, 2017, file photo, packages pass through a scanner at an Amazon fulfillment center in Baltimore. Amazon will spend more than $700 million to provide additional training to about one-third of its U.S. workforce. (Photo/Patrick Semansky, File) Patrick Semansky FILE- In this Aug. 3, 2017, file photo, workers prepare to move products at an Amazon fulfillment center in Baltimore. Amazon will spend more than $700 million to provide additional training to about one-third of its U.S. workforce. (AP Photo/Patrick Semansky, File) Patrick Semansky FILE …read more Source:: Deseret News – Business News       

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Powell sends further signals of future rate cuts

Federal Reserve Chair Jerome Powell presents the monetary policy report to the Senate Banking Committee, July 11, 2019, on Capitol Hill in Washington. Jacquelyn Martin, Associated Press WASHINGTON — Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a “very good place” despite headwinds and that the Fed is prepared to do what it can to “keep it there.” Powell’s comments before the Senate Banking Committee strengthened the message he had sent to a House panel on Wednesday that the central bank is prepared to cut interest rates to …read more Source:: Deseret News – Business News       

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Utah’s new paper mill could change the future of local recycling

Lauren Frisch, co-owner of Wasatch Container and general manager of Box Essentials, explains how her businesses will use Crossroads Paper to produce both custom and standard boxes during an event at Red Butte Garden in Salt Lake City on Wednesday, July 10, 2019. Crossroads Paper announced it will construct a mill to turn used cardboard boxes and residential mixed paper into new paper. Output from the plant will then be used to make new boxes for manufacturers, farmers and e-commerce companies. Kristin Murphy, Deseret News Ron Sasine, Crossroads Paper project developer, announces the company will construct a mill to turn used cardboard boxes and residential mixed paper into new paper.… Read More

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Effort to lift tech visa country caps, backed by Utah’s federal reps, gets nod in the House

FILE – Congressman Ben McAdams speaks during an event held to address the need for more funding for suicide prevention at the UNI Downtown Behavioral Health Clinic in Salt Lake City on Monday, July 8, 2019. Colter Peterson, Deseret News FILE – Sen. Mike Lee talks to the media about the Opioid Task Force at the Capitol in Salt Lake City on Tuesday, May 1, 2018. Kristin Murphy, Deseret News FILE – Rep. John Curtis, R-Utah, listens to discussion on improving air quality at the Murray Central Station …read more Source:: Deseret News – Business News       

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