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Editorial Cartoon: Standing

Staff

Jun 26

Industry Briefs 6-29-20

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. ECONOMIC INDICATORS • Utah is ranked No. 18 in a list of state economies with the most racial…

Staff

Jun 26

Give individuals, small businesses a government-backed line of credit

By Veronique de Rugy The economy is reopening. Consumer spending increased by almost 18 percent in May, sending the stock market soaring. That’s the good news. The bad news is that with no COVID-19 vaccine or cure on the horizon, consumers have not fully resumed their…

Bolton's book reveals more about Trump's character than anything else

By Fareed Zakaria John Bolton’s book tells us very little that we didn’t already know about Donald Trump’s foreign policy. He paints a picture of a president who is ignorant — unaware, for example, that Britain is a nuclear power and that Finland is not part of Russia. Trump has…

Big difference between ‘there’s evil in America’ and ‘America is evil’

By Marc A. Thiessen As the COVID-19 lockdowns wind down, many fans who long for the return of sports are dreading the return of anthem protests. In response to the brutal killing of George Floyd in police custody, some athletes, coaches and league officials have apologized for…

The Paycheck Protection Program saved the American dream of entrepreneurship

By Dan Nordberg Less than three months ago, President Trump signed the CARES Act into law, establishing a new $349 billion Paycheck Protection Program (PPP). The mission: to keep people on the payroll, keep businesses in business and help the economy bounce back as quickly as…

Newsletter 6-22-20

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, June 22, 2020 One more source of help: Salt Lake Co. launches $40M fund By Brice Wallace Salt Lake County businesses that have not benefited from federal, state or local programs to mitigate the impacts…

One more source of help: Salt Lake Co. launches $40M fund

By Brice Wallace Salt Lake County businesses that have not benefited from federal, state or local programs to mitigate the impacts of COVID-19 now have a county option. The county recently unveiled a $40 million grant program for companies hurt by the virus’ effects. The Small…

Utah's national parks saw 15.3M people & $1.9B in impact in 2019

By Brice Wallace If national parks are a fair gauge of tourism economies, COVID-19 brought a roaring freight train to a screeching halt in Utah. Statistics released recently by the U.S. Department of the Interior indicate that 2019 in Utah was a record year across the board for…

COVID-19 Updates 6-22-20

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

Jun 21

SBA’s EIDL program reopened to small businesses and nonprofits

The U.S. Small Business Administration has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program for small businesses that are experiencing economic impacts due to COVID-19. “The SBA is strongly committed to working around the clock, providing dedicated…

Staff

Jun 21

So. Salt Lake DMV office closes as employee tests positive for COVID-19

The Utah Division of Motor Vehicle (DMV) has announced its office located at 2880 S. 380 W. in South Salt Lake will be closed until further notice. This closure is to reduce the possible spread of COVID-19. An employee that tested positive recently did not have contact with the…

Staff

Jun 21

Farmers market has reopened at Pioneer Park with new safety rules

On June 13, the popular Downtown Farmers Market, considered an essential grocery service and economic lifeline for local farmers and producers, reopened to the public. The market will remain open through Oct. 24. “The focus this season is on safe and efficient product sales,”…

Staff

Jun 21

Customers are coming back; retail sales show record increase in May

Consumers are venturing back to retail stores and the numbers show it. U.S. retail sales jumped by a record 17.7 percent from April to May, with spending partially rebounding after the COVID-19 pandemic had shut down businesses. Specific retail sales numbers for Utah will be…

Staff

Jun 21

Intermountain Healthcare revenue down $435 million March thru May

Although Intermountain Healthcare has avoided layoffs and large reductions in pay, Utah’s largest hospital system still lost $435 million in revenues from March through May, according to a report from the American Hospital Association. The association reports that the nation’s…

Staff

Jun 21

Utah's C-19 job market best in nation

Utah’s job market has endured the coronavirus better than any other state. That’s according to a new report released last week by MoneyRates.com. The report analyzed job market conditions in every state and the District of Columbia based on four factors. Included in the analysis…

Staff

Jun 21

Utah joins other states in drug price fixing lawsuit

Utah has joined a number of other states in a third antitrust investigation lawsuit into price-fixing by generic drug manufacturers. Attorney General Sean D. Reyes reported that the complaint says 26 companies conspired to artificially inflate and manipulate prices for at least…

Staff

Jun 21

Shaw Renewable closes on purchase of Sigurd solar project

D.E. Shaw Renewable Investments (DESRI), a New York-based renewable energy producer, has announced that it has closed on the purchase of the Sigurd Solar project in Sevier County. The firm said it secured both construction debt and tax equity financing to finalize the deal.…

Staff

Jun 21

Ellis new president at Jacobsen

Salt Lake City-based Jacobsen Construction Co.’s board of directors has named Gary Ellis to succeed Douglas Welling as company president. Welling will continue in his role as Jacobsen CEO. Ellis has been with the Jacobsen for 19 years in various leadership roles, including…

Staff

Jun 21

UCAIR opens grant process

The Utah Clean Air Partnership (UCAIR) has opened the application process for its 2020 grants program. Submissions will be accepted through July 31 at the organization’s website, https://www.ucair.org/grants/ . Grant funding is awarded to support projects and programs that…

Staff

Jun 21

Quarles new CEO of Salt Lake City-based Green Dot Bank

Green Dot Corp. has announced that Greg Quarles has been appointed CEO of Sandy-based Green Dot Bank, effective June 15. He will report to Green Dot Corp. CEO Dan Henry. “Greg is a highly respected and accomplished executive who understands what’s needed to drive the bank’s…

Staff

Jun 21

NAIOP names officers, board for 2020-21

Commercial real estate development association NAIOP Utah has announced its new officers and board for 2020-21. The new chapter president and directors will serve from June 1 to May 31, 2021. “As our commercial real estate industry and local economy figure out how to move…

Staff

Jun 21