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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.

For archival purposes, all images have been removed from stories older than one year.

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SLBJ

Top Stories

Industry Briefs 12-23-24

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice.w@thecityjournals.com . The submission deadline is one week before publication. CONTESTS Nominations are being accepted until Feb. 23 for the 2025 Governor’s Science…

Staff

Dec 22

SLBJ

Top Stories

New group directs efforts at cloud investors

CLOUD FINANCE ASSOCIATION Brice Wallace Utah has a new professional organization, one focusing on cloud investments. The Cloud Finance Association aims to revolutionize how finance and accounting professionals approach cloud spend optimization. Its goals include helping…

Staff

Dec 14

SLBJ

Top Stories

ELECTION RESULTS DRIVE CONSUMER SENTIMENT UP 9.1%

In a move seemingly tied to the results of the November election, Utah’s consumer sentiment took its largest monthly jump in many months and the second-largest since November 2020. The Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment jumped from 80.7 to 88.1,…

SLC/Murray ranked among metros with 'diverse bioscience strengths'

A technician inspects medical devices ready for packaging at Merit Medical in South Jordan. The Salt Lake City area is recognized for having “an especially diverse set of bioscience industry strengths” in a newly released report on the industry. Photo courtesy of Merit Med ical.…

Office of Artificial Intelligence Policy signs first regulatory mitigation agreement

The Utah Office of Artificial Intelligence Policy (OAIP) has signed its first regulatory mitigation agreement with ElizaChat, a company developing an app that schools can offer to teenage students to enable them to improve their mental wellness. A regulatory mitigation agreement…

PACS Group buys Tennessee facilities

PACS Group Inc., a healthcare-focused holding company based in Farmington, has announced that independent operating subsidiaries of the company have acquired the operations of 11 skilled nursing facilities in Tennessee, which collectively comprise 1,310 skilled nursing beds. The…

Utah businesses paid $8.1 billion in state and local taxes in 2024

Utah businesses paid $8.1 billion in state and local taxes in the recently ended fiscal year 2024, according to data released in a report from the Kem C. Gardner Policy Institute at the University of Utah. The report was Part 5 of the institute’s visual guide series on tax…

EnergySolutions signs agreement for location of small nuclear reactors

EnergySolutions, a Salt Lake City-based nuclear energy services company, has signed a memorandum of understanding (MOU) with Canadian small modular nuclear reactor developer Terrestrial Energy to collaborate on the siting and deployment of integral molten salt reactor (IMSR)…

Cotopaxi names Lindsay Shumlas CEO

Cotopaxi, a Salt Lake City-based manufacturer of outdoor apparel and accessories, has promoted Lindsay Shumlas to become the company’s CEO, replacing Damien Huang, who has left the company. Board member Wendy Yang has also been named executive chair of the board. “I’m honored to…

WORK DAZE Train your brain (It’s about time)

Thinking about using artificial intelligence at work? Here’s something you should know. If something goes wrong with the results you get, it’s not the AI’s fault; it’s yours. If you’ve experimented with any of the popular systems, you know this is true. Whether you’re chatting…

Utah’s private health insurance premium increase among top in nation

Utah’s private health insurance plan premiums jumped 13 percent in 2024 — fifth-highest in the nation — according to new data released by insurance research website ValuePenquin.com. As the year closes, the average monthly cost of private health insurance sits at $675, up from…

Rhino-Rack acquires RockyMounts

Clarus Corp., a Salt Lake City company focused on the outdoor markets, has announced that it has acquired Boulder, Colorado-based RockyMounts, a manufacturer of bicycle transportation products. The acquisition was made through Rhino-Rack, a brand in Clarus’ adventure segment.…

Civica adds four hospital chains

Lehi-based Civica, a nonprofit pharmaceutical company founded by a nationwide consortium of hospital companies in 2018 to prevent and mitigate drug shortages, has announced the addition of four new members to the organization. The new members are Winona Health and Essentia…

CoreLogic: Annual home price growth stalls; Utah at risk for home price decline

The recent growth in nationwide home prices stalled in October, according to data released by property information, analytics and data company CoreLogic. The firm’s CoreLogic Home Price Index reported that U.S. home price growth remained almost unchanged in October from the…

CORPORATE FINANCIAL REPORTS 12-16-2024

The following are recent financial reports as posted by selected Utah corporations: Varex Varex Imaging Corp., based in Salt Lake City, reported a net loss of $50 million, or $1.22 per share, for the fiscal fourth quarter ended Sept. 27. That compares with net income of $31.9…

Small businesses should weigh local and national banks as well as credit unions

CHOOSING A BANKING PARTNER When it comes to managing finances, small-business owners face a crucial decision: Which type of bank or financial institution is best suited to meet their unique needs? Whether it’s a local community bank, a large national bank or a member-driven…

Granite Credit Union earns the 'Juntos Avanzamos' designation, signaling outreach to Hispanic community

Local dignitaries from Granite Credit Union and the community celebrate the credit union’s Juntos Avanzamos (Together We Advance) designation, signaling commitment and collaboration with the Hispanic community and businesses. Photo courtesy of Granite Credit Union. Peri Kinder…

As fraud continues to rise, banks are working hard to protect and educate clients

EDUCATION IS THE KEY Paul Burdiss Banks can install sophisticated security systems and lock away cash behind 10-inch-thick steel vault doors, but the most important way they can help protect their customers’ money is by educating consumers and businesses about fraud. The…

Utah tops the nation in projected accounting job growth

What's driving the surge? Rebecca Olds The City Journals Wasatch Front jobs in the accounting industry are anticipated to grow 33 percent before 2032 — tops in the country — compared to a national average of 4 percent nationwide, according to Forbes . Four other cities in the…

What you need to know in times of economic uncertainty

STAYING RESILIENT Nathan L. DeFries Recent news has many businesses and investors feeling on edge — understandably. Geopolitical tensions, wars, inflation, rate hikes, the always-looming possibility of a government shutdown and changes in congressional leadership have created a…

BANKING WHERE YOU ARE: Granite Credit Union rolls out its mobile branch

Peri Kinder The City Journals As Granite Credit Union’s membership increased, discussions were held to determine how to bring banking services to more customers. Constructing brick-and-mortar buildings is expensive and the credit union needed a faster, cost-conscious…

Utah joins 17 states opposing federal regulation of cryptocurrency

Kyle Dunphey Utah News Dispatch Utah’s attorney general is joining a coalition of 17 other states pushing back on the federal government’s attempt to regulate cryptocurrencies, arguing that authority should instead be left to states. Sean Reyes, who did not run for reelection as…

Chartway Credit Union expanding, adds Hispanic-friendly program

In November, Chartway Credit Union announced several initiatives looking to expand its footprint in 2025. Its recent growth to nearly $3 billion in assets and 250,000 members nationwide, according to its recently released press release, has charged the credit union to “grow and…

Industry Briefs - 12-16-24

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice.w@thecityjournals.com . The submission deadline is one week before publication. ASSOCIATIONS The St. George Area Chamber of Commerce has announced new board members and…

Staff

Dec 14

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