Business news briefs

This is an archived article that was published on in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

U. of Phoenix

offers free


The University of Phoenix Tuesday will host a free workshop, "Managing Up," that will offer insight on career advancement. The session will run from 6 p.m. to 8 p.m. at the University of Phoenix's campus at 5373 S. Green Street in Murray. To register visit

SLC seeking new

members for

business board

Salt Lake City is asking for volunteers who would like to serve on its Business Advisory Board. There are unfilled seats in Council Districts 1, 5, 6 and 7. The board advises the mayor and City Council on issues that affect the business community. for details and more information, contact Jessica Thesing at 801-535-7159, or email her at

UPS abandons

its bid for

TNT Express

UPS scrapped plans to grow in Europe through the acquisition of Dutch delivery company TNT Express because European regulators were getting ready to reject the $6.9 billion deal. It would have been the largest acquisition in UPS history. UPS had offered in March to buy TNT, Europe's second-largest delivery company, to better compete with Europe's largest, Deutsche Post's DHL.

Apple shares

tumble on

iPhone woes

Apple shares fell 3.6 percent and for much of Monday were below the $500 mark for the first time since February before barely topping that threshhold at the close. The drop came after The Wall Street Journal reported that the company has cut its orders for iPhone 5 components because of weaker-than-expected demand. The newspaper said Apple's first quarter orders for screens have dropped to about half of what it previously planned to order.