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This week in The Enterprise
Monday, May 21, 2018
Trib newsroom latest casualty as decline continues at Utah dailies
By John RogersIt’s been a tough couple of weeks at Utah’s daily newspapers. In fact, it’s been a tough decade. On the heels of the new owners of the Ogden Standard-Examiner announcing recently that they were reducing the paper’s staff by 21 positions, The ...
Black Diamond parent company plans Utah growth
By Brice Wallace A holding company of the well-known Black Diamond Equipment brand has committed to expand in Utah, adding up to 147 headquarters jobs and considering making part of its new building a world-class indoor climbing facility.Holladay-based Clarus Corp., a publicly tr...
Guess what - Gas prices driving up Utah cost of living
Higher interest rates on mortgages have joined soaring gas prices as the culprits raising the cost of living for Utahns. The Zions Bank Wasatch Front Consumer Price Index (CPI) increased 1.9 percent from March to April. Year-over-year, the CPUI is up 3.9 percent, while the nation...
Operator will now own Brighton
The company that has been the long-time operator of Brighton Resort in Big Cottonwood Canyon near Salt Lake City is now its owner. Boyne Resorts has closed on the purchase of six mountain resorts — including Brighton — and a scenic chairlift attraction from Ski R...
Sinclair sells SLC's KSTU-13
Salt Lake City’s KSTU Fox 13 television is one of seven television stations being sold by Sinclair Broadcast Group to media company Twenty-First Century Fox. The companies set the sale price at $910 million in a release last week. It includes stations in Miami, Denver, Seat...
White Mesa to resume vanadium recovery
Energy Fuels Inc., owner and operator of the White Mesa Mill near Blanding, has announced that it is resuming vanadium recovery operations at the site. The southeastern Utah mill is the nation’s only operational conventional uranium mill.Energy Fuels said it expects to reco...
MWCN report: More deals in 2017
MountainWest Capital Network (MWCN) has released its 23rd annual Deal Flow Report, which provides an analysis of Utah’s capital market and the total number of transactions within the state during 2017. The report revealed an increase in the number of cap...
HireVue acquires London-based MindX
South Jordan-based HireVue has acquired MindX, a game-based assessments company that markets a hiring and talent analytics program. The company is based in London, England. HireVue develops and markets AI-driven talent assessment and video interviewing software. Founded in 2...
Utah Foundation study shows big increases in Utah health insurance premiums
More Utahns are covered by employer-sponsored health plans than in any other state — 61 percent compared to a national average of 49 percent. Premiums for those plans rose by about one-third over a 10-year period from 2006 to 2016. But that increase might have been much lar...
Geologists in town for annual convention
More than 4,000 members of the American Association of Petroleum Geologists (AAPG) and industry geoscientists are in Utah this week for the organization’s Global Convention, according to a release from Visit Salt Lake. The meet, which concludes Wednesday at the Calvin ...
RMP approved for 3.45 percent rate decrease
An application by Rocky Mountain Power to pass federal tax savings along to its customers in the form of an electricity rate decrease has been approved by the Utah Public Service Commission. The decision means that ratepayers will see an ongoing annual $61 million credit. Th...
Allen to head Tracking First
Tech industry veteran Verl Allen has been named CEO of data governance software company Tracking First of Provo. Allen previously worked in corporate development and strategy roles at Adobe and Omniture, overseeing over $2 billion in acquisitions during his time th...
CORPORATE FINANCIAL REPORTS - 5-21-18
The following are recent financial reports as posted by selected Utah corporations: HuntsmanHuntsman Corp., with main offices in Texas and Salt Lake City, reported net income of $350 million, or $1.11 per share, for the first quarter ended March 31. That compares with $92 mi...
Calendar Highlights
Calendar listings are provided as a free service to our readers. Information about upcoming events may be sent to brice@slenterprise.com. The submission deadline is one week before publication. See the full calendar.
2018 Western Pathways Conference - May 30
Organized and hosted by the Global Pathways Institute at Arizona State University, in partnership with the Utah Governor’s Office of Economic Development, Business-Higher Education Forum, Education Commission of the States, and the Colorado Business Roundtable. Conference is focused on an issue central to the future of our economy and society: how to build an education and workforce development system that will prepare all young adults for careers leading to economic independence. Location is Hilton Salt Lake City Center, 255 S. West Temple, Salt Lake City. General registration cost is $495. Details are at https://www.westernpathways.com/.
Utah Technology Innovation Summit - June 6
Hosted by the Utah Science and Technology Research (USTAR) Initiative. Event features plenary sessions; breakout sessions on “The Future of Autonomous Systems,” “Securing Funding and Strategic Partnerships,” “Best Practices for Effective Governance” and “The Role of Government in Innovation”; and the 2018 Governor’s Medal for Science and Technology awards ceremony. Location is Salt Lake Marriott Downtown at City Creek, 75 S. West Temple, Salt Lake City. Cost is $49 through April 21. Details are at http://www.utahinnovationsummit.org.
29th Annual Employment Law Update Conference - June 7
An Employers Council event. Seminar topics will include “Legal and Legislative Update: The Year in Review”; “The Smart Workplace and What It Means for You”; “Workplace Investigations”; “Cultivating Kindness”; “Building a Culture that Rejects Harassment” and “How to Become an Effective Workplace Negotiator.” Location is Sheraton Hotel, 150 W. 500 S., Salt Lake City. Cost is $185. Details are at http://www.employerscouncil.org or by calling (801) 364-8479.
“Giant in Our City 2018” - June 9
A Salt Lake Chamber black-tie, invited event honoring U.S. Sen. Orrin Hatch, R-Utah. Keynote speaker is House Speaker Paul Ryan. Reception is at 6 p.m. Dinner and program begin at 7 p.m. Location is the Grand America Hotel, 555 S. Main St., Salt Lake City. Cost is $250. Sponsorships are available. Details are at www.slchamber.com/giant.
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