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The Archive

Archive

More than 9,000 stories of Utah business reporting, 2011–2026. Search the full archive, or browse by date and section.

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48 results in Top Stories from July 2018Clear all ✕

SLBJ

Top Stories

GOED mulling ways to improve RFT business aid grant program

By Brice Wallace State economic development officials are considering making changes to a program aimed at helping businesses in rural Utah. The Governor’s Office of Economic Development (GOED) board received a briefing about the proposed changes at its July meeting but did not…

BWBrice Wallace State

Jul 29

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SLBJ

Top Stories

New venue, added films mean bigger impact for Sundance fete

This year’s Sundance Film Festival had a total economic impact of $191.6 million, far above the 2017 figure of $151.5 million. Those stats and more were released recently by the nonprofit Sundance Institute. Y² Analytics conducted the economic impact study and used the…

Staff

Jul 29

SLBJ

Top Stories

Unemployment rate stays steady and low in Utah

Utah’s unemployment rate remained unchanged in June at 3 percent, which translates to approximately 48,400 Utahns being unemployed during the month and actively seeking work. Meanwhile, the national jobless rate increased two-tenths of a percentage point to 4 percent. Utah’s…

Petroteq applies for grant from Utah Alternative Energy Initiative

Petroteq Energy Inc., the company that has begun operating an oil sands extraction plant at Asphalt Ridge near Vernal, has applied for a grant from the Alternative Energy Development Initiative, part of Utah’s Energy Action Plan. The program is designed to spur the growth of…

'Yellowstone' will have 2nd season thanks to GOED tax incentives

The Paramount Network has green-lit a second season of its TV series “Yellowstone,” providing Utah with a nearly $28.2 million economic impact. Paramount announced the second season pickup last week. Earlier in July, the Governor’s Office of Economic Development (GOED) board…

Title companies merge

Two Utah family-owned title companies have joined forces. American Secure Title of Morgan has acquired Landmark Title Co., a Salt Lake City-based title agency. Landmark will continue to operate under the same name, although the two agencies have begun to merge their operations,…

Report: Wasatch commercial real estate booming in most major sectors

The Salt Lake City office of commercial real estate firm Newmark Grubb ACRES and investment company Mountain West Commercial have released their joint midyear market report. The report includes analysis from the industrial, office, retail, investment and land real estate sectors…

Gardner brief explains Utah's 3 options to Medicaid puzzle

The Kem C. Gardner Policy Institute at the David Eccles School of Business at the University of Utah has released a policy brief that provides a detailed description of three Medicaid scenarios facing Utahns. The brief describes the possible solutions to the Medicaid puzzle…

Millennials becoming homebuyers

Millennials constantly hear that time is on their side, but for the first decade of their adult lives they have been the victims of bad timing. According to a new study from Bank of the West, over the past decade, millennials saw the devastating effects of a market downturn. The…

CORPORATE FINANCIAL REPORTS - 7-30-18

The following are recent financial reports as posted by selected Utah corporations: Zions Zions Bancorporation, based in Salt Lake City, reported net earnings applicable to common shareholders of $187 million, or 89 cents per share, for the second quarter. That compares with…

Inland port bill sails through Legislature

Amended law shrinks boundaries, provides for affordable housing By John Rogers Salt Lake City Mayor Jackie Biskupski opted to sit out the negotiations that crafted changes to the law creating an inland port in her city’s Northwest Quadrant. But when the Utah Legislature met in…

JRJohn Rogers Salt Lake

Jul 22

SLBJ

Top Stories

GOED adds $$$ to Beaver County project

FORGE geothermal project gets significant infusion for infrastructure development in form of state 'economic opportunity grant' money By Brice Wallace The Governor’s Office of Economic Development (GOED) is pitching in funds to advance a geothermal energy…

BWBrice Wallace The Governor

Jul 22

SLBJ

Top Stories

Oil sands process game-changer?

Uintah Basin refining plant up and running with an extraction process owners say is clean and efficient By John Rogers There are trillions and trillions of barrels of oil locked up in the Earth’s oil sands. Trouble is, the only way to access these massive petroleum deposits has…

CPI has biggest yearly jump in its 7-year history

The cost to live along the Wasatch Front took its biggest year-over-year jump in June since the statistic has been formally measured. The Zions Bank Wasatch Front Consumer Price Index (CPI) increased 0.9 percent from May to June, bringing the rise in the past year to 5.1…

GOED incentive hopes to keep 'Yellowstone' production in Utah

Yellowstone is not in Utah, but state officials are working to keep “Yellowstone” here. The Governor’s Office of Economic Development (GOED) board, at its July meeting, approved a $7 million tax credit incentive for Viacom as a way to keep the Paramount Network TV series…

New replaces old in Farmington

Several retailers have closed up shop in recent months in the Station Park retail and office park in Farmington, but developers are filling the void with new tenants. Station Park owners blame the closures mostly on nationwide shutdowns of retailers and restaurants. “As a result…

Cirrus opening 224,000-sq.-ft. data center

Cirrus Data Services, a subsidiary of Salt Lake City-based real estate development and investment firm Gardner Co., has begun development of the first phase of its View 78 Data Center campus in Midvale. The data colocation facility will include a 32-megawatt wholesale and…

RC Willey’s Child receives ADL’s National Heritage Award

Jeff Child, president of RC Willey Home Furnishings, has received the Anti-Defamation League’s (ADL) 2018 American Heritage Award. The honor was presented recently at a meeting of the National Home Furnishings Industry in New York City. The award honors business leaders who…

U.S. Chamber analysis: Tariffs threaten $181M in Utah exports

By Brice Wallace Pipe. Pudding. Pork. Makeup prep. What do those products have in common? According to the U.S. Chamber of Commerce, they are among items produced and exported by Utah companies that are at risk from China, the European Union, Mexico and Canada imposing new…

Domo stock soars on opening day then takes plunge below IPO price

By John Rogers Domo Inc., the American Fork-based developer of an operating system which helps business executive run their firms by combining people and data, has gone public — to mostly mixed reviews. The company’s stock began trading on the Nasdaq Global Market under the…

CNBC ranks Utah third among top business states

Utah is ranked third overall among states in a list of “America’s Top Five States for Business,” compiled by CNBC. The state moved up from the No. 8 position last year. This year, it trails only No. 1 Texas and No. 2 Washington. The CNBC study ranked the states based on their…

Vista Outdoor to sell eyewear brands, focus on other products

An unidentified European private equity fund will acquire Vista Outdoor’s eyewear brands Bollé, Cébé and Serengeti for $158 million. Vista is a publicly traded designer, manufacturer and marketer of outdoor sports and recreation products based in Farmington. The company said…

QEP Energy sells Utah oil & gas assets

Middle Fork Energy Partners, a Denver-based company formed last year that seeks to acquire, develop and operate petroleum properties in the Rocky Mountains, has acquired all of the Utah gas and oil properties of QEP Energy Co., a subsidiary of QEP Resources Inc., also of Denver.…

Squire and PRPR accounting firms announce July 1 merger

Orem-based accounting and advisory firm Squire & Co. PC has merged with Pinnock, Robbins, Posey & Richins PC (PRPR), a CPA and advisory company in Salt Lake City. The consolidated company will be known as Squire and will maintain its offices in both Orem and downtown Salt Lake…

Staff

Jul 14

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