Archive

COVID-19 having huge impact on housing market in Salt Lake City

By Brice Wallace And you thought it was tough to find a home before the pandemic. COVID-19 has thrown a proverbial monkey wrench into the Salt Lake City housing market and likely will do so until a vaccine is developed, according to officials at Zions Bank. Speaking recently at…

COVID-19 Updates: Cancellations and postponements 8-10-20

The following are events that have been included in The Enterprise Calendar listings and subsequently have been postponed or canceled, or have been removed from the organizers’ website calendars. This is not a complete list of postponements or cancellations. Check with…

Staff

Aug 10

Gardner report: Utah's lower COVID death rate due to younger population

Research from the Kem C. Gardner Policy Institute at the University of Utah’s David Eccles School of Business shows Utah’s relatively young population is contributing to a lower COVID-19 death rate than the nation as a whole. As of July 14, the CDC COVID Data Tracker reported…

Staff

Aug 10

Children eligible for SNAP benefits will receive $308 P-EBT payment

Children in kindergarten through 12th grade who were eligible to receive free or reduced-price school meals on March 16 are now eligible to receive a one-time payment of $308 through the Pandemic-Electronic Benefit Transfer (P-EBT) program. Children who were eligible to receive…

Staff

Aug 10

Millcreek will use CARES Act funds to reimburse advertising expenses

Millcreek Mayor Jeff Silvestrini and the Millcreek City Council have approved the creation of a grant program to reimburse the city’s small retail businesses for up to $5,000 in advertising expenditures. As part of the city’s CARES Act funds distribution, Millcreek is…

Staff

Aug 10

Salt Lake County expands eligibility for Small Business Impact Grants

When Salt Lake County opened its Small Business Impact Grant (SBIG) to businesses closed by COVID-19’s public health orders, its goal was to reach small businesses forgotten in the rush of initial federal relief. Since June 16, Salt Lake County has successfully reached out to…

Staff

Aug 10

Sorenson Impact Center reporting on effects of bridge loan program

The Utah Governor’s Office of Economic Development (GOED) has commissioned the Sorenson Impact Center to provide the first of two reports on the impacts of its Utah Leads Together Small Business Bridge Loan program. The Utah Leads Together Small Business Bridge Loan program was…

Staff

Aug 10

Health Catalyst releases applications to aid healthcare system recovery

Health Catalyst Inc., a Salt Lake City-based provider of data and analytics technology and services to healthcare organizations, has released its Financial Impact Recovery applications. Designed to support hospital and healthcare systems' COVID-19 financial recovery as they…

Staff

Aug 10

GOED joins Suazo aiding minority communities

The Utah Governor’s Office of Economic Development (GOED) has announced a partnership with the Suazo Business Center to provide education, outreach and consulting services to Utah’s ethnic and minority communities. The Suazo Business Center has strong ties to Utah’s ethnic and…

Staff

Aug 10

Chamber honors pro-business legislators

The Salt Lake Chamber has recognized those Utah legislators who supported the chamber’s priorities during the 2020 legislative session. This year’s Business Champions were honored at a virtual awards ceremony held in their honor on July 30. In total, 94 lawmakers received the…

Staff

Aug 10

After reaching 20-year high, investor optimism sheds seven years of gains in single quarter

After reaching a 20-year high in the first quarter, U.S. investor optimism tumbled in the second quarter amid mounting economic fallout from COVID-19. The Wells Fargo/Gallup Investor and Retirement Optimism Index, based on interviews conducted May 11-17, is now the lowest it has…

Staff

Aug 10

CORPORATE FINANCIAL REPORTS 8-10-20

The following are recent financial reports as posted by selected Utah corporations: Overstock.com Overstock.com Inc., based in Salt Lake City, reported net income attributable to stockholders of $36 million, or 84 cents per share, for the quarter ended June 30. That compares…

Staff

Aug 10

Lesson from history: Let’s step back from the abyss

By Richard Tyson In the fall of 1962, the world came very close to a full-scale nuclear war. For 13 days, from Oct. 16 to Oct. 28, the deployment of Soviet ballistic missiles in Cuba created perhaps the most dangerous confrontation of all time. Soviet leader Nikita Khrushchev…

Succeeding in Your Business: Things to think about when getting a new product from patent to market

By Cliff Ennico “I am an inventor who just got a U.S. patent for a wonderful new mechanical device that will revolutionize a particular industry. “I am in the process of forming a company with three partners to manufacture and sell this device. My first partner has a…

Innovate Utah: NEW IDEAS, PRODUCTS AND SERVICES FROM UTAH COMPANIES

The Utah Department of Transportation is partnering with Panasonic to build a smart roadway network that allows automobiles to communicate with each other and the outside world details about what’s happening in the vehicle. Information like speed, location, windshield wiper…

Staff

Aug 10

Industry Briefs 8-10-20

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice@slenterprise.com. The submission deadline is one week before publication. ASSOCIATIONS • The South Valley Chamber has named Jay Francis as its new president and CEO,…

Staff

Aug 10

Editorial Cartoon: Peaceful Demonstrations

Staff

Aug 10

Assessing unemployment insurance, incentives and economic activity

By Veronique de Rugy Earlier this year, the U.S. government passed the largest piece of stimulus legislation in our nation’s history. The Coronavirus Aid, Relief and Economic Security Act included a very generous expansion of unemployment insurance benefits. The idea was to help…

Lewis knew the civil rights fight isn’t a rejection of America’s founding

By Marc Thiessen Perhaps the most poignant moment in the recent commemoration of Rep. John Lewis’ life was seeing him cross the Edmund Pettus Bridge one last time in a horse-drawn caisson, while a line of Alabama state troopers stood at the other end of the bridge — this time to…