Home values in Vancouver highest after Silicon Valley, while incomes just ahead of Columbus

Median home values in Vancouver are known to be the highest in Canada, but it’s a whole other stratosphere to see them come in third in North America, up there with the economic powerhouses of Silicon Valley and San Francisco. And then, it’s a dramatic shift of the eye to see that median household incomes in Vancouver are near the bottom of a list of 51 North American metropolitan areas, sandwiched between two much sleepier places: Lancaster, Pennsylvania and Columbus, Ohio, Vancouver was number 50. “Columbus has a hockey team so I knew where that was, but I had to look up Lancaster,” said Andy Yan, director of Simon Fraser… Read More

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Holladay residents turn in petition in hopes of blocking old Cottonwood Mall development

HOLLADAY — Holladay residents concerned about a new development planned for their city turned in their petition Thursday seeking a referendum that would put the project up for a vote, the Salt Lake County Clerk’s office confirmed. For Brett Stohlton, one of the organizers of the group Unite For Holladay, which collected signatures, the petition proved many Holladay residents’ willingness to “contribute to the community.” In May, the Holladay City Council approved a proposal by Ivory Homes and Woodbury Corp. to build a mixed-use city center on the site of the old Cottonwood Mall, prompting Stohlton and others to start the petition. The development plans include 775 apartments, with a… Read More

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Lawmaker looks to keep Utah net neutral

SALT LAKE CITY — On the heels of a Federal Communications Commission action last December that walked back Obama-era rules to maintain net neutrality, states across the country are working on legislation to backfill the void and reinstate some rules for internet service providers. Utah is the latest to join that effort, with an announcement Thursday by Utah House Minority Leader Brian King, D-Salt Lake City, that he’s opened a bill file that will aim to create some new, state-level guidelines. And, there appears to be a bipartisan energy afoot, with Rep. Bruce Cutler, R-Murray, noting he is also exploring potential legislation aimed at net neutrality. King told the Deseret… Read More

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Mayor Jackie Biskupski refuses to ‘endorse’ City Council port negotiations

SALT LAKE CITY — Amid rumblings of a possible special session next week to make changes to the controversial law creating the Utah Inland Port Authority, Salt Lake City’s mayor is pushing back against her own City Council. Mayor Jackie Biskupski says she’s “deeply concerned” by the council’s negotiations with state leaders. “While my staff and I will continue to provide insight and participate in informal dialogue with you and your staff, this administration will not endorse the behind-the-scenes negotiations you are currently involved in, which is absent of a public process,” Biskupski wrote in a letter to Council Chairwoman Erin Mendenhall. The letter was sent Wednesday and obtained by… Read More

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Lawmakers looking at Jan. 1 to start online sales tax collections

SALT LAKE CITY — Starting Jan. 1, out-of-state online retailers affected by a recent U.S. Supreme Court ruling will have to collect sales taxes on purchases made by Utahns under a bill that could be considered in a special legislative session. Members of the Legislature’s Revenue and Taxation Interim Committee did not take action Thursday on the bill setting the date for collecting an estimated $80 million in state and local sales taxes from companies selling products online in Utah. Sen. Howard Stephenson, R-Draper, the committee’s co-chairman, said he wants changes made to the bill to ensure the revenues will be put aside to pay for a tax break for… Read More

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Image issue: Papa John’s still tied to founder who resigned

NEW YORK — Papa John’s founder John Schnatter is no longer chairman after using a racial slur, but his image is still part of the pizza chain’s logo and he remains the company’s largest shareholder. The situation illustrates the difficulty for companies closely tied to a single person, and that Papa John’s may need to distance itself further from Schnatter after dealing with backlashes brought about by his comments. The chain announced late Wednesday that Schnatter was leaving the company’s board, hours after he apologized for using a racial slur during a conference call in May. He had stepped down as CEO last year after blaming disappointing pizza delivery sales… Read More

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China says US companies should lobby Washington over trade

BEIJING — China tried to step up pressure on Washington in their growing tariff war Thursday by suggesting U.S. companies lobby American leaders, while a Korean union warned President Donald Trump’s threat of higher auto import duties could lead to job losses in Alabama. Beijing and Washington have yet to resume negotiations over the dispute that led to tariff hikes on each other’s goods last week, said a spokesman for the Chinese Commerce Ministry. “We hope American companies do more to lobby the U.S. government and work hard to safeguard their own interests,” said Gao Feng at a news conference. While some U.S. companies and lawmakers have criticized Trump’s tactics,… Read More

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Hyundai Motor union warns auto tariffs could hurt US jobs

SEOUL, South Korea — Hyundai Motor Co.’s labor union said Thursday that steep auto tariffs the U.S. is considering could cost tens of thousands of American jobs, echoing concerns of the global auto industry as spiraling trade conflicts between the U.S. and other major economies heat up. The labor union at South Korea’s largest auto company said in a statement that if President Donald Trump goes ahead with imposing 25 percent auto tariffs, it will hurt Hyundai’s U.S. sales and jeopardize some 20,000 jobs at a Hyundai factory in Alabama. The labor union, which has 51,000 members in South Korea, said its contracts with Hyundai Motor mandate Hyundai to shut… Read More

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Trade war over Trump’s tariffs on Chinese products already hitting Utah hard, Rep. John Curtis says

SALT LAKE CITY — Rep. John Curtis, R-Utah, said during a congressional hearing Wednesday on China’s trade practices that the looming trade war over tariffs ordered by President Donald Trump is hitting Utah companies hard. “The worry in Utah is the path is littered with dead companies along the way,” Curtis said, citing the unpredictability of the impact of imposing a list of tariffs announced Tuesday on $200 billion in goods from China. China is expected to retaliate for the tariffs, a 10 percent assessment on a wide range of imports including fruits, rice, shrimp, frozen pork, baseball gloves, quartz, electric vehicle batteries, machetes, birds eggs, pet food and cigarettes.… Read More

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Bird scooters fly the coop but bigger flock circling

SALT LAKE CITY — Shortly after a surprise appearance in Salt Lake City late last month, the flock of 100 or so rentable Bird scooters that were nested on the streets of downtown have, just as suddenly, disappeared. Salt Lake City officials report the company agreed to a temporary removal of the electric-powered vehicles while a path to a business license, and some operating rules, could be worked out. And now it appears there could be hundreds, or possibly thousands, of new scooters and bikes populating the state’s capital city as three additional companies have lined up to potentially launch systems in which their two-wheelers can be rented, ridden and… Read More

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