Archive

Utah prices jump more than twice national increase

Transportation and housing are leading nearly across-the-board price increases facing Wasatch Front consumers. The Zions Bank Wasatch Front Consumer Price Index (CPI), announced last week, rose 0.9 percent from February to March on a non-seasonally adjusted basis and is part of…

Staff

Apr 14

Ancestry commits to keep 1,000 employees in Utah, hire 500 more

Genetics services company Ancestry has long been part of Utah’s corporate DNA, and state officials last week approved an incentive for the company to keep it that way. The Governor’s Office of Economic Development (GOED) board, at its April meeting, approved a tax credit…

Staff

Apr 14

Group files applications to launch new St. George bank

Several former officers of Town & Country Bank in St. George have filed the necessary application to form a new independent bank. Bruce Jensen, president and CEO of Town & Country until it was acquired by American Fork-based People’s Utah Bankcorp in 2017, said in a release that…

Staff

Apr 14

E-TeleQuote to open SLC office

Clearwater, Florida-based digital health insurance agency E-TeleQuote Insurance Inc. has opened a new location in Salt Lake City. The company, which focuses on Medicare and the over-65 market, said the Utah office is the sixth for the company that opened an office in Arizona…

Staff

Apr 14

Salt Lake's Instructure buys partner MasteryConnect

Instructure Inc., a Salt Lake City software-as-a-service technology company, has acquired its local longtime partner MasteryConnect. Terms of the deal were not disclosed. Instructure markets its learning software such as Canvas and Bridge to both educational institutions and…

Staff

Apr 14

CORPORATE FINANCIAL REPORTS 4-15-19

The following are recent financial reports as posted by selected Utah corporations: Sportsman’s Warehouse Sportsman’s Warehouse Holdings Inc., based in Midvale, reported net income of $10.6 million, or 25 cents per share, for the fiscal fourth quarter ended Feb. 2. That compares…

Staff

Apr 14

Business Tech: Technology in Education

By Bahar Ferguson Before you begin reading this article, it is only fair that I provide the following: WARNING: The content in this article is going to make you very jealous. You will become furious at how much easier some things have become for students. Now that we have that…

Succeeding in Your Business: A primer on setting up preferred stock in your business

By Cliff Ennico “My two partners and I formed a corporation to run a web-based business. The business has taken off, and we are being approached by some local angel investors. “We are delighted, of course. The problem is that these investors all want preferred stock and our…

Editorial Cartoon: Bread and Butter

Staff

Apr 14

Industry Briefs 4-15-19

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. ARTS/ENTERTAINMENT • The Salt Lake City Arts Council and Salt Lake City Parks & Public Lands…

Staff

Apr 14

Government-mandated, paid-leave programs have proven ineffective

By Veronique de Rugy As the saying goes, the definition of insanity is doing the same thing over and over again and expecting a different outcome. This is a perfect way to describe the current effort by Democrats and some conservatives to implement a federal paid leave program.…

Legal versus illegal immigration: Trump's new position might be right

By Fareed Zakaria Pres. Trump’s threat to close the U.S.-Mexico border confused even his allies. Sen. John Cornyn, R-Texas, said it “would be bad for everybody.” Sen. John Thune, R-South Dakota, remarked, “I’m not sure that’s a particularly good idea and I’m not sure it gets the…

Small-business owners benefiting from a growing and prosperous economy

By Dan Nordberg The old saying that a rising tide lifts all boats rings true, given today’s growing economy. The U.S. economy’s historic boom benefits all Americans as job creation soars and wages rise. The economy outperformed expectations for the second year in a row in 2018.…