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CompTIA study finds Utah likely to lead nation in tech job growth

Brice Wallace Utah is projected to lead the nation in tech job growth in the next decade, according to a recently released report. The study by the Computing Technology Industry Association (CompTIA) shows the number of tech jobs in the state is expected to balloon 32 percent by…

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Recruitment not going great for Utah agencies

Brice Wallace Fresh off a record-setting fiscal year, Utah’s recruitment-and-retention organizations are finding it difficult to repeat that success. Three-quarters of the way through its July-though-June fiscal year, the Governor’s Office of Economic Opportunity (Go Utah) and…

Staff

Apr 9

Extra Space acquisition brings its enterprise value to near $47B

Extra Space Storage Inc., a Salt Lake City-based real estate investment trust that owns and operates 2,338 self-storage properties across the U.S., has acquired Life Storage Inc. of Buffalo, New York, in an all-stock transaction. The combined company is expected to have a pro…

The Park Record newspaper sold to billionaire entrepreneur and wife

Billionaire entrepreneur Matthew Prince and his wife, Tatiana, are buying The Park Record newspaper, according to a press release from the couple and various media reports. The semiweekly newspaper has published continuously since 1880. The Princes are acquiring the publication…

Report shows impact of franchising In Utah

Utah will add 324 new franchised businesses in 2023, creating 4,540 new jobs, according to estimates published by the International Franchise Association (IFA) in its 2023 Franchising Economic Outlook report. “These local businesses continue to deliver jobs and business…

Miller Co. creates business platform to provide help for senior healthcare

In its effort to expand the core competencies of its healthcare companies, the Larry H. Miller Co. (LHM) has created a new business platform, Larry H. Miller Senior Health (LHMSH). The company said its goal is to provide excellent patient care and outcomes and operational…

Reyes joins ESG battle against Biden

Utah Attorney General Sean D. Reyes has joined 15 other state attorneys general in a letter sent to Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell, FDIC Director Martin Gruenberg and Acting Comptroller of Currency Michael Hsu, demanding the Biden…

South Eastern Utah Title sold

Metro National Title, a Salt Lake City-based title services provider with 22 locations in Utah, has acquired the operations of South Eastern Utah Title. South Eastern has locations in Price, Moab, Castle Dale and Monticello. “We’re proud to have South Eastern Utah Title, one of…

Succeeding in Your Business: Some real-world advice for Amazon sellers

Cliff Ennico It’s hard to believe, but next year will mark the 20th anniversary of my involvement with the eBay and Amazon seller communities. It all began quite harmlessly, with an out-of-the-blue call from Entrepreneur magazine asking me if I could put together a quick and…

Corporate Financial Reports 4-10-23

The following are recent financial reports as posted by selected Utah corporations: Security National Financial Security National Financial Corp., based in Salt Lake City, reported after-tax earnings of $25.6 million, or $1.17 per share, for 2022. That compares with $39.5…

Curaleaf acquires Utah-based Deseret Wellness

New York City-based Curaleaf Holdings Inc., an international provider of consumer cannabis products, has entered into a definitive agreement to acquire Deseret Wellness, one of the largest cannabis retail operators in Utah, in a cash and stock transaction valued at approximately…

Business Tech: The up and downsides to ChatGPT and its application to your business

Bahar Ferguson Artificial Intelligence (AI) technology today is revolutionizing the world. We already have voice assistance and face unlocks for cellphones, which are examples of AI-powered technology. The AI application getting the most publicity these days is ChatGPT and…

Report: Half of businesses already use ChatGPT

ResumeBuilder.com, a resume template and career advice website, has published a recent survey report that explores the usage of ChatGPT in the workplace. The survey found that 49 percent of companies say they currently use ChatGPT, an artificial intelligence chatbot that…

Groome acquires Syracuse's Blasting Solutions

Blasting Solutions Inc., a Syracuse-based controlled explosives contractor, has been acquired by Groome Industrial Services Group of Fairfield, New Jersey. Groome, a provider of specialty maintenance services across a range of industrial markets, is a portfolio company of…