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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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SLBJ

Top Stories

Crewe Capital names Urcan as firm's president

Crewe Capital LLC, a Salt Lake City-based investment banking and advisory firm, has announced that that Eugene E. Urcan has joined the firm as president and head of investment banking. Urcan brings a career of management and transaction investment banking experience to Crewe…

SLBJ

Top Stories

CORPORATE FINANCIAL REPORTS - 6-11-18

The following are recent financial reports as posted by selected Utah corporations: HealthEquity HealthEquity Inc., based in Draper, reported net income of $22.6 million, or 36 cents per share, for the first quarter ended April 30. That compares with $14 million, or 23 cents per…

Staff

Jun 9

SLBJ

Top Stories

Foxley: Facebook's Eagle Mountain project a huge win for Utah

EDITOR’S NOTE: Following the recent announcement that social media giant Facebook will build a $750 million, 970,000-square-foot data center in Eagle Mountain, Theresa Foxley, president and CEO of the Economic Development Corporation of Utah (EDCUtah), posted this report…

Facebook gives Utah a big ‘Like’

By Brice Wallace The second time proved to be the charm for Utah in recruiting a Facebook data center. Squabbles about the pros and cons of having a data center in West Jordan prompted the company in 2016 to put the 510,000-square-foot facility instead in Los Lunas, New Mexico.…

UofU has cash for those with ideas to help boost state's middle class

The University of Utah is looking for policy and technology innovation ideas to boost Utah’s middle class. Developers of the 10 best ideas will receive up to $10,000 and be eligible to compete nationally for $1 million in funding. The statewide “American Dream Ideas Challenge”…

Is rosy outlook over? CAI drops to two-year low

Utahns’ worries about the future of the state economy has prompted a consumer-attitude gauge to drop to its lowest level in nearly two years. The Zions Bank Utah Consumer Attitude Index (CAI) slipped 3.4 point to 110.7 in May, the lowest CAI since July 2016. The index is down…

State incentives bringing production of feature film and two television shows to state

A National Lampoon movie and the third seasons of two TV shows will shoot in Utah after being approved for state incentives. The Governor’s Office of Economic Development (GOED) board approved the incentives during its May meeting. The TV show “Andi Mack” will again shoot in…

Kailo Energy promotes Shepherd to CEO

Kailo Energy of Lindon, a subsidiary of Global Unicorn Holdings, has promoted its president to CEO. Ryan D. Shepherd will replace Vaughn R. Cook and will immediately assume the day-to-day operations and executive duties. Cook will retain his role as chairman of the board for…

Tokyo firm buys Greina Tech

Greina Technologies Inc., which does business in Salt Lake City as RF Ranging Inc., has been acquired by Alps Electric Co. Ltd. of Tokyo. Greina will become a wholly owned subsidiary of Alps Electric, according to terms of the deal signed in May. Financial details of the…

Foundation report finds Utah Medicaid costs among nation’s lowest

A new report from Utah Foundation sheds light on the cost of Medicaid in the state. And the light is very favorable. According to “Coverage and Costs: What’s Driving Medicaid Spending in Utah,” in 2016, Medicaid spending in Utah averaged $703 per capita — less than any other…

Pat Nola to head Sorenson Media as CEO

Salt Lake City’s Sorenson Media has named its former chief operations officer as CEO. Pat Nola, former president and CEO of spinoff Sorenson Communications, will assume leadership at the company that provides technology for broadcasters, advertisers and television manufacturers.…

RMP seeks proposals for generating renewable energy

In response to what the company calls a “broad demand from communities and businesses for electric power from renewable energy sources,” Rocky Mountain Power (RMP) is seeking cost-competitive bids for solar, wind and geothermal energy projects in Utah to interconnect to the…

Envision Utah panelists: Inland port litigation costly for all parties

By Brice Wallace Whatever issues Salt Lake City officials have with the proposed inland port near Salt Lake City International Airport, panelists at a gathering last week to discuss the port expressed hope that the troubles do not prompt litigation. City and state officials have…

BWBrice Wallace Whatever

May 28

SLBJ

Top Stories

Pluralsight IPO is massive success, touted as Silicon Slopes 'milestone'

Utah’s tech community and private investors are celebrating the stock market debut of one of its own. By all accounts, Pluralsight’s initial public offering was an unqualified success. Shares of the Farmington-based online learning company began trading on the Nasdaq exchange on…

More good news: Utah tops nation for job growth

Utah’s employment statistics continue to make news — good news. When April’s numbers came in, the state ranked No. 1 in the nation for job growth at 3.4 percent. Nevada and Idaho tied for second place at 3.1 percent. Utah also ranked first in private-sector job growth at 3.7…

UofU engineer receives $2M grant to develop answer to large power outages

Hurricane Maria’s devastation of Puerto Rico last September left nearly all the island’s 3.4 million residents without power. Much of the nation is still in the dark. University of Utah electrical and computer engineering assistant professor Masood Parvania hopes to create the…

Crashes seem to be souring consumers on self-driving cars

In the wake of several high-profile crashes involving autonomous vehicle technologies — including a recent one in Utah — a new report from AAA shows that consumers’ perception of the technology has slipped. Today, almost three-quarters (73 percent) of American drivers report…

Savage Cos. merges with Kansas City-based grain and milling operation

Salt Lake City-based Savage Cos. has announced a merger with Barlett and Co., a grain and milling operation of Kansas City. As a supply chain provider, Savage specializes in rail, truck and marine transportation, logistics, materials handling and other industrial and…

Bishop supports increased hunting/fishing in wildlife refuges

U.S. Rep. Rob Bishop, R-Utah, has responded to a proposal from the U.S. Department of the Interior to expand hunting and fishing opportunities at some of the nation’s wildlife refuges, including the Bear River Migratory Bird Refuge west of Brigham City in Box Elder County. The…

CORPORATE FINANCIAL REPORTS - 5-28-18

CORPORATE FINANCIAL REPORTS The following are recent financial reports as posted by selected Utah corporations: Security National Security National Financial Corp., based in Salt Lake City, reported after-tax earnings from operations of $16.9 million, or $1.04 per share, for the…

Trib newsroom latest casualty as decline continues at Utah dailies

By John Rogers It’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 Salt Lake Tribune laid…

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…

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…

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 Resort Holdings…

Staff

May 20

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