Archive

Utah consumer prices running ahead of nation

Despite a minor drop in Utah consumer prices in September, residents are experiencing price hikes over the past year at twice the rate recorded nationwide. The Zions Bank Wasatch Front Consumer Price Index (CPI) decreased 0.1 percent from August to September on a non-seasonally…

Staff

Oct 21

Coal mine owner moves to Sandy, changes name

Bituminous coal producer Bowie Resource Partners LLC, owner of the Dugout Canyon, Skyline and Sufco mines in eastern Utah, has moved its corporate headquarters from Grand Junction, Colorado, to Sandy and has changed its corporate trade name to Wolverine Fuels LLC. Wolverine is…

Staff

Oct 21

WTC Utah leads trade mission to China

Utah government and business leaders returned recently from a trade mission to China that was led by World Trade Center Utah (WTC Utah). The group visited Shanghai and Beijing while in China. China is Utah’s third-largest trading partner and in 2017, Utah exported almost $740…

Staff

Oct 21

Department of Energy awards Utah $638,000 in two grants

The U.S. Department of Energy (DOE) has selected Utah as the recipient of two competitive grants totaling $638,786. The funding from DOE’s State Energy Program will support the work of the Governor’s Office of Energy Development (OED) in advancing energy efficiency, resilience…

Staff

Oct 21

$14 million headed to Utah from production of 'High School Musical' reboot

Utah once again will be the location for a “High School Musical” production, this time a 10-episode series expected to spend $14.7 million in the state. The Governor’s Office of Economic Development (GOED) board, at its October meeting, approved a tax credit incentive of up to…

Staff

Oct 21

J-B Weld buys FiberFix brand

Marietta, Georgia-based J-B Weld Co., a developer and marketer of adhesives for the do-it-yourself consumer, has purchased the FiberFix business unit from Spark Innovation LLC in American Fork. FiberFix manufactures pre-impregnated repair wraps, repair tapes, specialty adhesives…

Staff

Oct 21

Business Tech: Team members' behaviors more often reason for IT project failures

By David Black Companywide growth and efficiency stem from a seamless IT team deploying projects in a timely and efficient manner. Just about every modern business is scrambling to harness the potential of digital technology to gain a competitive edge in today’s market. Whether…

Rock Solid: Utah's banks and credit unions have pushed the state to national prominence in the financial services industry

By Tim Gurrister “We’re No. 1!” That could be the chant of Utah’s bankers if current trends continue, according to the industry’s leaders. Utah is currently the fourth-largest banking state in the country, according to Howard Headlee, president of the Utah Bankers Association.…

Access to capital: Where will the money come from to grow your new business?

By Aga Merx I spend every day helping small businesses obtain financing so that they can grow. I have recognized how important it is for small-business owners to have access to capital once the business is up and running. Capital can come from many sources. Some small-business…

Helping employees manage their money helps business bottom line

By Terry Grant When I ask people, “What comes to mind when you think about wellness at work?”, typically they talk about traditional employee benefits — health insurance, employee assistance programs and ensuring healthy snacks in the vending machine. These are important…

Helping people: That's how Utah credits unions see their role

By Derek Knowlton Almost 22 years ago, as a college student, I was faced with a problem. My girlfriend and I had decided to get married. Yet as young college students, we didn’t have any extra money for an engagement ring. Of course, my wife-to-be had been planning her wedding…

What to know before placing your wealth in cryptocurrencies

Innovators have considered the idea of creating an all-digital currency for decades, but the invention of blockchain by the pseudonymous Satoshi Nakamoto in 2008 provided the technology to make it a reality. Bitcoin, also introduced by Nakamoto, was the very first…

Staff

Oct 21

Five tips to improve your savings rate

The most crucial step in building and securing your financial future is saving. That said, saving is a principle that is often much easier to talk about than actually implement. As you make plans to save for your financial future, consider these five easy tips that, when…

Staff

Oct 21

Editorial Cartoon: Mob Vs Deplorable

Staff

Oct 21

Industry Briefs 10-22-18

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 United States Chamber of Commerce has appointed Maxine Turner to its…

Staff

Oct 21

Even if it's highly ranked, your state may not be fiscally sound

By Veronique de Rugy It’s that time of the year again when we find out how deep in the red our country is ,thanks to the 2018 edition of the Mercatus Center State Fiscal Rankings. The study authors, Eileen Norcross and Olivia Gonzalez, find that when you rank states by their…

If we're having a cold war against China, it must be won at home

By Fareed Zakaria The Trump administration’s most significant and lasting decisions will be about U.S. policy toward China. Far more consequential than even the Supreme Court’s composition or immigration policy is whether the 21st century will be marked by conflict or…

Just how important is capitalism and the right to own private property?

By Robert Pembroke I was shocked when I read an essay in The Wall Street Journal said that over 65 million people have been killed in the Soviet Union, China, Mongolia, Eastern Europe, Indochina, Africa, Afghanistan and parts of Latin America trying to overthrow capitalism and…