Business news briefs | The Salt Lake Tribune

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Domino's in SLC

raise big dough

for Utah MDA

Domino's Pizza stores in Salt Lake City teamed in March to raise $4,283 for the Muscular Dystrophy Association Utah. Nearly 30 participating stores asked customers to donate a dollar or more to their order to benefit MDA, a national group that aims to conquer neuromuscular diseases.

Rising costs

weigh on builder

confidence in U.S.

U.S. homebuilders are concerned that limited land and rising costs for building materials and labor will slow sales in the short term. Still, their outlook for sales over the next six months climbed to the highest level in six years — suggesting the obstacles could be temporary.

Foreign holdings

of U.S. debt

on the rise

Foreign demand for U.S. Treasury securities rose to a record level in February, indicating international investors remain confident in U.S. debt despite budget wrangling in Washington. Foreign holdings increased 0.3 percent in February from January, to a record $5.66 trillion. It was the 14th straight monthly increase.

Citigroup execs

sound cautious

note on earnings

Citigroup isn't convinced the economy is back. The bank announced strong first-quarter results, but executives were more cautious than celebratory. Although they didn't declare victory, they could have. Citigroup's investment bank advised more companies on mergers and acquisitions; its retail bank wrote more mortgages; and the company set aside less money for bad loans.