Archive

Shared office company will add 250 jobs as it expands in Utah

A company that provides shared office and meeting space and online meeting software is expanding in Utah, planning to add 250 jobs over the next five years. Salt Lake City-based Teem LLC, which was acquired last year by New York-based WeWork, made the announcement after being…

Staff

Jan 21

Housing prices drive CPI with another record

Housing price hikes along the Wasatch Front didn’t take the holidays off like they usually do. For the second consecutive month, home prices in December set a year-over-year record for growth, according to the Zions Bank Wasatch Front Consumer Price Index (CPI). The 0.4 percent…

Staff

Jan 21

Point of the Mountain Board Authority looking for director to oversee development

The Point of the Mountain Board Authority, the body charged with the disposition of land where the Utah State Prison now stands, is searching for an executive director to oversee the process of developing the site once the prison has been relocated. “This is one of the largest…

Staff

Jan 21

Ride Systems merges with Indianapolis firm

Morgan-based Ride Systems LLC and DoubleMap Inc. of Indianapolis, Indiana, have merged their vehicle-tracking software companies to form Journey Holding Corp. The new firm is now considered the largest public transit tracking system provider in North America, according to a…

Staff

Jan 21

Arizona fashion software company buys Salt Lake's Red Wire Group sewing operation

Salt Lake City-based Red Wire Group LLC, a contract sewing manufacturer, has been acquired by 12 ReTech Corp., a retail fashion shopping software company with U.S. headquarters in Scottsdale, Arizona, and operations in Europe and Asia. The stock-for-stock transaction is…

Staff

Jan 21

Lassonde launches Entrepreneur Challenge

The Lassonde Entrepreneur Institute of the David Eccles School of Business at the University of Utah has opened registration for the 2018-19 Utah Entrepreneur Challenge. The statewide business competition is open to university students in Utah. Teams compete for $100,000 in cash…

Staff

Jan 21

Parker new president at SCM

Rodney R. Parker, a shareholder at Snow Christensen & Martineau, has been appointed president of the firm. His appointment was effective Jan. 1. Parker replaces Andrew M. Morse, who has served as the firm’s president since 2011. Parker leads the firm’s appellate practice. His…

Staff

Jan 21

Children of wealthy want their parents’ values more than wealth, survey finds

More than nine in 10 Generation Z and millennial children of millionaires say the most important thing they will inherit is their parents’ values, not their wealth, according to a recent survey by Wells Fargo Private Bank. More than four out of five (84 percent) say they want to…

Staff

Jan 21

Editorial Cartoon: How This Place Works

Staff

Jan 21

Industry Briefs 1-21-19

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. CONSTRUCTION • FFKR Architects, Salt Lake City, has named five new senior associates: Jessica…

Staff

Jan 21

Legal Matters: Opportunity zones and opportunity funds in Utah

As part of the Tax Cuts and Jobs Act, a new tax incentive program was created to encourage economic development in distressed communities. Within these communities, specific “qualified opportunity zones” or “opportunity zones” were designated by the governors of all 50 states.…

Staff

Jan 21

What nearly 10,000 miles on the road throughout Region VIII has taught me

By Dan Nordberg When I became regional administrator at the U.S. Small Business Administration, I never would have imagined the many positive experiences and challenges I’ve experienced during my visits across the Rocky Mountain region. Twelve months, six states and nearly…

The DOJ shouldn’t reignite the fight against intrastate gambling

By Veronique de Rugy The ongoing government shutdown has already become the longest shutdown in U.S. history. As for how long the current standoff between the Trump administration and the Democratic Congress is going to last, your guess is as good as mine. It’s a gamble for both…

Would elimination of regulations return governance to the people?

By Robert Pembroke America is being suffocated by over-regulation. It’s costing U.S. industry trillions in compliance costs. While discussing this at our Saturday Morning Breakfast Club, I posed to our attorney friend the following question: “Why don’t we eliminate regulations…