Archive

Sorenson Impact Center names Davis CEO

Impact investor Geoff Davis has been named CEO for the Sorenson Impact Center for the David Eccles School of Business at the University of Utah. He began his new position on July 13. Davis is a seasoned entrepreneur turned social entrepreneur turned impact investor. His most…

Staff

Jul 26

Rahlf leaving Utah Valley Chamber; Lockhart named interim CEO/president

The Utah Valley Chamber of Commerce is looking for a new leader. Current CEO and president Rona Rahlf is stepping down, necessitating a search to replace her. Meanwhile, Stan Lockhart, a lobbyist and business consultant with 30 years of experience in the technology industry, has…

Staff

Jul 26

Jones applies to open Utah industrial bank

Jones Financial Cos. LLP of St. Louis has submitted an application to the Federal Deposit Insurance Corp. (FDIC) and Utah Department of Financial Institutions to establish the Edward Jones Bank, a Utah-chartered industrial bank. The bank would be insured by the FDIC and subject…

Staff

Jul 26

Group to relaunch Brandless

Provo-based Clarke Capital Partners has joined forces with digital marketing agency, Ikonifi of Sandy to purchase the ssets of Brandless Inc., an online retailer that shut down in February when it ran into challenges with profitability and mounting troubles with distressed…

Staff

Jul 26

Foundation gift helps 'Huntsman at Home' expand to eastern Utah counties

A $4.5 million gift from the Huntsman family’s Huntsman Foundation is funding an expansion of a unique program at the Huntsman Cancer Institute (HCI) at the University of Utah that brings specialty cancer care directly to patients in their homes. With the gift, HCI’s “Huntsman…

Staff

Jul 26

Amazon hiring 1,500 workers in West Jordan

Amazon is hiring to fill more than 1,500 new full-time positions ahead of the launch of its upcoming fulfillment center in West Jordan. The company has also recently opened its new delivery station in Salt Lake City. With the opening of these new buildings, Amazon will grow to…

Staff

Jul 26

Business-to-business payments: Moving from high-touch to high-tech

By Drew Yergensen Over the past few months, our workplaces have changed tremendously. Offices that were once full of people are now nearly empty. Work that was once done in person is now being done at home. With so many now working remotely, COVID-19 has forced many companies to…

Succeeding in Your Business: How to value your business when a 'triggering' event occurs

By Cliff Ennico The toughest part of drafting any owners’ agreement for a corporation, partnership or limited liability company (LLC) is figuring out how to value the company when a “triggering” event (somebody dies, divorces, withdraws from the business, etc.) occurs and an…

CORPORATE FINANCIAL REPORTS 7-27-20

The following are recent financial reports as posted by selected Utah corporations: Zions Zions Bancorporation NA, based in Salt Lake City, reported net earnings applicable to common shareholders of $57 million, or 34 cents per share, for the second quarter. That compares with…

Staff

Jul 26

Profire Energy announces executive changes

Profire Energy Inc., a technology company in the oil and gas industry based in Lindon, has announced several changes in its executive leadership. Current chief financial officer Ryan W. Oviatt and Cameron M. Tidball, current chief business development officer, have been named…

Staff

Jul 26

Four lessons from coronavirus for improving work performance

By John Graham “The comfort zone is the dead zone,” states Mike Manes, a business consultant in New Iberia, Louisiana. If we’ve learned anything so far this year, it’s that an unseen — but deadly — force kicked us out of our comfort zone — way out! Although the pressure is on to…

FedEx Field

Staff

Jul 25

Industry Briefs 7-27-20

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 Utah Black Chamber and Podium , a Lehi-based customer messaging platform…

Staff

Jul 25

State and local governments could learn from crises like this one

By Veronique de Rugy There’s no doubt that this pandemic-induced recession is hitting states hard. But that’s no reason to bail them out, especially when many failed to prepare for emergencies, which are inevitable. States today are dealing with a huge mess because of a sudden…

My interview with Trump: ‘The real hate is the hate from the other side’

By Marc Thiessen Writer’s note: This column is the first of two I’m writing based on my recent interview with President Donald Trump. As I walked into to the Oval Office, President Donald Trump was going over new polls — some internal, some not — showing him tied or leading Joe…

Newsletter 7-20-20

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, July 20, 2020 Vivint becomes part of nation's largest solar co. in $3.2B deal By John Rogers Lehi-based Vivint Solar, the nation's second-largest residential solar company, has been acquired by Sunrun…

Vivint becomes part of nation's largest solar co. in $3.2B deal

By John Rogers Lehi-based Vivint Solar, the nation’s second-largest residential solar company, has been acquired by Sunrun Solar of San Francisco — the nation’s largest. Board members of both companies unanimously approved the deal which has an enterprise value of $3.2 billion,…

1-800Accountant to open Lehi office, hire 120 new employees

By Brice Wallace A virtual accounting firm serving small businesses soon will add 120 workers to its employment total by putting operations in Lehi. Accounting Fulfillment Services LLC, operating as 1-800Accountant, will add those jobs over the next five years, aided by a state…

COVID-19 Updates 7-20-20

The following are events that have been included in The Enterprise Calendar listings and subsequently have been postponed or canceled, or have been removed from the organizers’ website calendars. This is not a complete list of postponements or cancellations. Check with…

Staff

Jul 19

Federal pandemic food assistance program OKed for Utah school kids

The United States Department of Agriculture has approved Utah’s application to participate in the Pandemic-Electronic Benefit Transfer (P-EBT) program. This is a federal food assistance program for school-age children created by Congress as part of the Families First Coronavirus…

Staff

Jul 19

Paycheck Protection Program loans deadline extended through Aug. 8

The U.S. Small Business Administration Paycheck Protection Program (PPP) has been extended until Aug. 8, according to a release from the agency’s Utah District office. Small-business owners can to apply through approved lenders through that date. “Thanks to the legislation…

Staff

Jul 19

Tax Commission says C-19 property value impact won't show until 2021

Although the majority of Utah taxpayers have felt the impact of the COVID-19 pandemic, the Utah State Tax Commission is reminding Utahns that because COVID-19 pandemic happened after Jan. 1, if there was any impact on property evaluations, it will not be reflected in the 2020…

Staff

Jul 19