Archive

Ogden launches Coronavirus Relief Fund for impacted city businesses

The city of Ogden has launched its Coronavirus Relief Fund (CRF) Business Grant Program. The new program will provide grants to support businesses impacted by COVID-19, the city said in a release. The CRF program is funded by the federal CRF, which was established by the CARES…

Staff

Jul 4

DMV cleans and reopens South Salt Lake office following C-19 closure

The Utah Division of Motor Vehicle (DMV) has reopened its office located at 2880 S. 380 W. in South Salt Lake following closure on June 15 when an employee tested positive for COVID-19. “The office has been deep cleaned, sterilized and no other employees have received positive…

Staff

Jul 4

More road trips, much less air and cruise travel this summer, says AAA

AAA estimates that the COVID-19 pandemic will cause 15 percent fewer people to take a summer trip this year than last. The estimate of 700 million trips from July through September is the first decline in summer travel since 2009. AAA booking trends show Americans are making…

Staff

Jul 4

Logan company joins in developing drug for high-risk coronavirus patients

A Logan-based company and a Texas pharmaceutical developer have announced their collaboration on a therapeutic drug for COVID-19, which is showing promising results for patients who are at high risk of deteriorating health due to age or conditions such as kidney or…

Staff

Jul 4

Dads & moms differ in the way they cope with pandemic-caused stress

Lehi-based essential oil company Young Living has released the results of a study that shows there are big differences between men and women when it comes to parents dealing with the stress of COVID-19. While 25 percent of men say they’ve actually experience less stress, 38…

Staff

Jul 4

COVID-19 thought to be cause of increase in alcohol abuse problems

Salt Lake City residential substance abuse treatment center Odyssey House has seen a 78 percent increase in the number of clients coming into the program during COVID-19. From May 1 through June 15, nearly half of all clients (49.7 percent) listed alcohol as a reason for seeking…

Staff

Jul 4

Rocky Mountain Power extends help for customers behind on power bills

Rocky Mountain Power (RMP) is encouraging customers experiencing difficulties paying bills in the wake of the COVID-19 emergency and the associated economic downturn to speak with a company customer service representative who can help them work out solutions to their financial…

Staff

Jul 4

Mastercard acquires Finicity

New York-based Mastercard has acquired Finicity, a financial data company based in Murray. The purchase price was announced as $825 million. “The addition of Finicity’s complementary technology and teams strengthens the existing Mastercard open banking platform to enable and…

Staff

Jul 4

Businesses can assure customers by taking 'Stay Safe to Stay Open' pledge

By Brice Wallace A “Stay Safe to Stay Open” campaign established by the Salt Lake Chamber is designed to assure customers that a particular business is following state COVID-19 guidelines. The chamber has invited businesses to take a pledge that they will follow best practices…

Ski season good despite C-19 closures

Utah ski resorts were likely headed for a record season in 2019-20, but early closures prompted by the coronavirus wiped that out. Despite the virus’ effects, the resorts recorded their fourth-best season ever, with nearly 4.4 million skier visits. Still, the industry is…

Staff

Jul 4

McKenna to head Walker Edison

Walker Edison, a Salt Lake City provider of ready-to-assemble furniture, has named Joana McKenna as its new president, effective immediately. The company said the transition is occurring at a “pivotal time” for the business as it seeks a new stage of growth. McKenna was most…

Staff

Jul 4

Ground broken on Post House multi-use community near downtown Salt Lake City

Ground has been broken for Post House, a 488,754-square-foot, mixed-use, pedestrian-friendly development in Salt Lake City’s Post District near downtown. Occupying the full city block from 500 South to 600 South and from 300 West to 400 West, the project will serve as a social…

Staff

Jul 4

GOED combines programs

The Governor’s Office of Economic Development (GOED) has combined a pair of programs and created a resource center dubbed the Utah Industry and Innovation Center. The initiative combines GOED’s focus on targeted industries with the Small Business Innovation Research (SBIR)…

Staff

Jul 4

Maloufs acquire Downeast

Downeast, a Salt Lake City-based women’s clothing and furniture company, has been purchased by Sam and Kacie Malouf, co-founders of Utah bedding and furniture company Malouf. Founded in 1991 by brothers Charlie, Bill and Jonathan Freedman, Downeast’s product lines are sold in…

Staff

Jul 4

There's no going back: Consumers like the new 'safe' ways of doing business

As the nationwide response to the COVID-19 pandemic caused local businesses that could remain open to quickly adopt new ways of serving customers — like more convenient communications, curbside pickups, local delivery and contactless payments — their customers began to like and…

Staff

Jul 4

Utah maintaining steady salary increases

Utah’s average salary increased 3.3 percent since last year, matching the prior-year’s jump but staying ahead of rises seen in surrounding states. The figures come from Employers Council’s 2020 Benchmark Compensation Survey, which also showed that the average hiring wage for…

Staff

Jul 4

Vinck new CEO at Recovery Ways

Recovery Ways, an addiction treatment center in Murray, has named Jaime W. Vinck as the company’s new CEO. Vinckas joins Recovery Ways from Sierra Tucson Group, where she led the rebranding of Sierra by the Sea and Sunrise Ranch as the company’s CEO. Vinck has been recognized as…

Staff

Jul 4

It really matters how we respond to this moment in history

By Richard Tyson The news headlines of recent days have been incredibly unsettling. The pandemic, while showing some signs of easing, continues to disrupt, with deadly consequences for many, and continuing concerns for the world economy. On Memorial Day, the nation was stunned…

Succeeding in Your Business: Protect yourself when buying a business during these tough times

By Cliff Ennico “My wife and I are looking to buy a small business. “We were looking for a very specific type of business, but we’re a little nervous because there’s a good chance the business model will be affected by COVID-19 and any future economic shutdowns. “We’ve found a…

Editorial Cartoon: Artisanal Data

Staff

Jul 4

Industry Briefs 7-6-20

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. BANKING • Zions Bancorporation , Salt Lake City, has announced that Claire A. Huang has been…

Staff

Jul 4

Congress predictably drops the ball on small-business rescue measures

By Veronique de Rugy The Payroll Protection Program, or the PPP, is the crown jewel of the Coronavirus Aid, Relief and Economic Security Act’s attempt to rescue small businesses from effects of the coronavirus pandemic. Unfortunately, the program has been a mess in its…