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Sep 5

SAP to take Qualtrics public in biggest IPO in the state's history

By John Rogers In November 2018, the German multinational software giant SAP bought Utah’s Qualtrics for $8 billion — the largest acquisition ever in the state at the time. Now SAP has announced plans to take Qualtrics public in what will likely be the largest initial public…

Jobless rate up to 2.5 percent with yearly adjustment

The annual year-end adjustment to population estimates also brought an adjustment to Utah’s unemployment rate, bumping it up one-tenth of a percentage point to 2.4 percent. Although slightly above December’s lowest-ever rate of 2.3 percent, the January number is more than a full…

Staff

Mar 8

Asphalt Ridge now operating at break-even

Petroteq Energy Inc., the oil shale producer and developer of the Asphalt Ridge extraction plant near Vernal, has announced that it has exceeded a production rate of 300 barrels per day, a goal that the company says means the plant is now operating on a break-even basis. The…

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Mar 8

Editorial Cartoon: Leave Early

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Nov 25

Editorial Cartoon: Hero's Journey

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Sep 29

Wickizer new CVE president

Cache Valley Electric, a Logan-based electrical construction and technology company, has named Nate Wickizer as its new president. Wickizer moves up from his position of chief operating officer, where he has served for 15 years. He has been with Cache Valley for more than 20…

Staff

Jul 21

NCino acquires Visible Equity

Cloud banking company nCino has purchased Salt Lake City financial analytics and compliance software company Visible Equity. Terms were not disclosed. Founded in 2008, Visible Equity is a software-as-a-service company that provides portfolio management, analytics and compliance…

Staff

Jul 21

Visit Salt Lake presents Tourism Achievement Award for 2019 to Utah Sports Commission

Visit Salt Lake (VSL), the private, nonprofit corporation responsible for the promotion of Salt Lake City as a business and leisure destination, has presented its annual Tourism Achievement Award to the Utah Sports Commission. The presentation was made at organization’s June 20…

Staff

Jul 8

MCRE buys BYU’s Knight Hall, plans restoration

Brigham Young University’s historic Amanda Knight Hall is set for a major renovation and conversion to private commercial usage. Mountain Classic Real Estate (MCRE), a Salt Lake City-based investment group known for restoration of historic commercial and multifamily properties,…

Staff

Jun 30

Overstock still facing problems

Overstock Inc., the parent company of Salt Lake City’s Overstock.com online retailer and tZERO, a security token trading subsidiary, continues to struggle as an anticipated equity investment in the firm has stalled.{mprestriction ids="1,3"} Patrick Byrne, CEO of Overstock,…

Staff

Mar 17

Redd named to head Zija

Zija International, a Lehi-based online platform that sells weight management, nutritional, skin care and essential oil products, has named Jeremy Redd as president and CEO. The appointment is effective immediately.{mprestriction ids="1,3"} Redd has held leadership positions in…

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Feb 17

Editorial Cartoon: Humility?

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Dec 16

Editorial Cartoon: Ostrich Skin?

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Sep 3

Caritas Quarterly

Caritas Quarterly is a spotlight on local charities Know of a charity that would like to be included in an upcoming issue of Caritas? Submit your recommendation to david.g@slbusinessjournal.com Become a sponsor of Caritas, help our local charities. For more information email…

Staff

Nov 12

Hawkins to merge with DWC

St. Paul, Minnesota-based DWC, a third-party 401(k) plan administrator that bills itself as “The 401(k) Experts,” and Orem’s Hawkins Retirement have announced that the two companies will merge. Hawkins Retirement provides essentially the same services as DWC. The combined…

Staff

Sep 23

Summit awards announced

One company and one individual were honored recently during the 11th annual Utah Economic Summit, hosted by Gov. Gary Herbert. The Larry H. Miller Group of Companies (LHM) was honored as Outstanding Company of the Year, while Gary Heward, president and chief executive officer of…

Staff

Apr 30

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Staff

Jan 16