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Orem tech firm gets funding from Sorenson Capital -- DigitalBridge, an Orem-based information sharing technologies provider, received "significant funding" from Sorenson Capital Partners to support its growth initiatives for the next few years, company officials announced Friday.

 
FDIC takes over 2 more banks, closing 28 branches

CARSON CITY, Nev. -- The 28 branches of 1st National Bank of Nevada and First Heritage Bank, operating in Nevada, Arizona and California, were closed Friday by federal regulators.

 
Ford looking to Europe for help

DEARBORN, Mich. -- Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic.

 
Utah home sales down 28 percent

Utah home sales drop 28 percent in second quarter

SALT LAKE CITY -- The housing market along the Wasatch Front is slowing, but prices are not following the downward trend.

 
Jobless claims up as housing market gets weaker

Jobless claims jump as housing market gets weaker

 
Dolly destroys Texas cotton crop

Hurricane Dolly probably doomed South Texas's cotton and sorghum crops already damaged by heavy rains earlier in the summer. But analysts said the loss, while devastating for local producers, will have only a short-term effect on the markets.

 
Layoffs at Swedish company may hit Utah

OGDEN -- Layoffs by a Swedish company that makes auto-safety systems could hit Utah.

 
Rising prices slam economy

WASHINGTON -- The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike.

 
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