Archive

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…

Newsletter 1-14-19

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, January 14, 2019 Overstock axes 100 in return-to- profitability effort John Rogers It hasn't been a very good year for Midvale-based Overstock.com Inc. The online retailer lost big-time in the equities…

Staff

Jan 14

Overstock axes 100 in return-to-profitability effort

John Rogers It hasn’t been a very good year for Midvale-based Overstock.com Inc. The online retailer lost big-time in the equities market in December, with its stock plunging 31 percent compared to a 9 percent slump in the S&P 500. The decline closed out a brutal year for…

Staff

Jan 14

Zion & Bryce still open; money running out

By Brice Wallace While state and partner money to keep basic services operating at Zion and Bryce Canyon national parks could last for a few weeks, if not months, state officials believe another funding authorization will be needed soon. In response to a partial federal…

White Mesa Mill back in vanadium production after five-year hiatus

By John Rogers Energy Fuels Inc. is refining the little-known metal vanadium at its White Mesa Mill south of Blanding for the first time since 2013. Best known as the only operating conventional uranium production facility in the United States, the White Mesa Mill discontinued…

Utah payment processor to expand, add jobs

By Brice Wallace A payment processing solutions company will expand in Utah and add 300 jobs in the next few years. Galileo Processing Inc. made the announcement after being approved for a $2.4 million tax credit incentive last week by the Governor’s Office of Economic…

Film Commission touts busy 2018, looks ahead to 2019

The year 2018 was a busy one for the Utah Film Commission, as 550 film permits were approved across the state and 16 productions received incentives to shoot in Utah. The incentivized productions include feature films, four series, two documentaries and a TV pilot. The…

Staff

Jan 14

Auric Solar buys Solaroo

Auric Energy of West Valley City has acquired West Jordan-based Solaroo Energy, a competing rooftop solar installation company serving Utah and Colorado. The acquisition reflects opportunities to offer a greater range of products and services to clients at all scale of projects,…

Staff

Jan 14

Cox: Utah rebounds in rankings of tech concentration, dynamism

By Brice Wallace Last month, Lt. Gov. Spencer Cox decried Utah’s slip in a Milken Institute ranking of states based on technology concentration and dynamism. Utah had fallen to 13th in 2016 despite holding the top spot for a decade. Well, Utah has regained its No. 1…

Utah Economic Summit set for Friday

One of the most prominent Utah economic events in the early part of 2019 takes place this week. The Utah Economic Outlook and Policy Summit, hosted by the Salt Lake Chamber in collaboration with the Kem C. Gardner Policy Institute at the University of Utah, takes place Jan. 18,…

Staff

Jan 14

J.P. Morgan Private Bank hires staff, opens Salt Lake City office

J.P. Morgan has announced that it is expanding its Private Bank into Utah by opening a local office in Salt Lake City. Financial advisors Brian Swenson and Eric Smith will lead a team of local professionals who provide wealth management advice, strategies and services to…

Staff

Jan 14

Industry Briefs 1-14-19

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. ECONOMIC INDICATORS • Utah is about average in a list of states most- and least-affected by the…

Staff

Jan 14

Editorial Cartoon: Damn

Staff

Jan 14

Come on, we can do this: Let's make 2019 a D.C. year to remember

By Veronique de Rugy Christmas is over, and the new year begins. Now Congress needs to go back to work and clean up the mess it left behind last year. Looking back, 2018 reveals a sad picture of what a Republican Congress and White House have failed to accomplish. Instead of…

From Illinois, finally a sign of intelligent life in the Democratic Party

By George Will Fareed Zakaria is on vaction this week. George Will is filling in. If Republicans have a lick of sense, they are alarmed by a recent sign of intelligent life in the other party. The sign is the election by Democrats in the House of Representatives of Illinois of…

UofU clinic hopes to reduce effects of opioids on pregnant women & their babies

By Robert Pembroke “University of Utah SUPeRAD Clinic Helps Addicted Pregnant Women.” That headline comes from an article published by University of Utah Health Sciences. I was surprised to learn that 20 percent of pregnant women are prescribed opioids in America. My daughter, a…