Archive

Opportunity Zone funds could aid state's low-income areas

By Brice Wallace Utah state officials are wading into a new federal program that could put parts of the state in a nationwide competition for $6 trillion to benefit low-income communities. The Opportunity Zone program sprang from federal tax reform legislation passed in December…

W.V.-based Ogden Newspapers buys Ogden's Standard-Examiner

Ogden Newspapers soon will own an Ogden newspaper. Ogden Newspapers, a family-owned newspaper company based in West Virginia, will acquire the Standard-Examiner, an Ogden-based daily newspaper, from Ohio-based Sandusky Newspaper Group, which has owned the newspaper since 1993.…

Staff

Apr 29

Attitude index takes a record plunge in April

After a record high in March, consumer attitudes in Utah slipped a record amount in April, according to the Zions Bank Utah Consumer Attitude Index (CAI). The index fell to 114.1 in April, with the 15.4-point decrease being the largest since Zions Bank and Cicero Group began…

Staff

Apr 29

Former Mattel CEO to head Ancestry

Ancestry, the Lehi-based family history and consumer genomics company, has appointed Margo Georgiadis as CEO and a member of the board of directors. She will join the company on May 10. Most recently Georgiadis was CEO of Mattel Inc. and prior to that was president for the…

Staff

Apr 29

Jobless rate stays steady

Utah’s jobless rate remained unchanged in March at 3.1 percent, according to the latest report from the Department of Workforce Services (DWS). That translates to about 48,500 Utahns still looking for work. Meanwhile, the national unemployment stayed put at 4.1 percent. Utah’s…

Staff

Apr 29

Creative industry show coming in July

The Mixed Media Event, the creative industry’s summer wholesale buying event for independent and online retailers, will take place July 16-18 at the Mountain America Expo Center in Sandy. The event will feature one day of hands-on new product workshops and a two-day trade show.…

Staff

Apr 29

Gas prices surge to highest level in nearly three years

Gasoline prices — a major expense for many Utah businesses — reached a level above $3 last week. That’s the highest price in nearly three years. AAA Utah reported that the average price of a gallon of unleaded, regular gasoline went above $3 last Monday, the highest since July…

Staff

Apr 29

Study: Salt Lake County contributes mightily to Utah's tourism coffers

It’s Southern Utah’s canyons, red rocks and arches that seem to have the tourism news value, but it’s Salt Lake County the brings in the dough. That’s the conclusion of a new report from the Kem C. Gardner Policy Institute at the University of Utah. The numbers illustrate just…

Staff

Apr 29

WTC Utah: U.S. trade war with China threatens Utah’s economy

World Trade Center Utah (WTC Utah) has released results of its analysis that shows if Chinese retaliatory tariffs on U.S. products are implemented, they will have diverse and harmful effects on Utah’s economy. In addition to threatening Utah’s direct and indirect exports,…

Staff

Apr 29

CORPORATE FINANCIAL REPORTS - 4-30-18

The following are recent financial reports as posted by selected Utah corporations: Zions Zions Bancorporation, based in Salt Lake City, reported net earnings applicable to common shareholders of $231 million, or $1.09 per share, for the first quarter ended March 31. That…

Staff

Apr 29

SLC's tight housing market making it especially hard for millennials

Salt Lake City has a tight housing market, and millennials are among those trying to cope with it. A new report from Realtor.com shows Salt Lake City ranked as the third-toughest housing market for millennials among the largest 60 metropolitan areas in the U.S. with large…

Staff

Apr 29

Target, AG stores to offer grocery delivery

Alabama-based online marketplace Shipt has partnered with Utah Target stores and a number of grocers owned by Associated Foods to offer same-day delivery of groceries and other home products. The Associated stores that have joined with Shipt include Dick’s Market, Dan’s,…

Staff

Apr 29

Are the Supremes ready to rule on online sales taxes (again)?

By Veronique de Rugy If you think Internet companies aren’t paying any taxes for online sales and that’s killing bricks-and-mortar retailers and states’ budgets, you, my friend, have been duped. Nothing could be further from the truth. The Internet isn’t a tax-free zone, nor is…

Staff

Apr 29

America does have a ‘deep state’ - it's one of law and lawyers

By Fareed Zakaria The most remarkable parts of James Comey’s memoir are not about Donald Trump. We already knew most of the interesting revelations and some of the others are gossip and color commentary. But in his discussion of the George W. Bush administration, Comey is far…

I have some ideas on how to better use our taxpayer dollars

By Robert Pembroke No matter what type of entity you run, it is critical that you use your capital to achieve the best possible return on investment (ROI). I question how our local government agencies are spending our taxpayer dollars on our “homeless problem.” The Salt Lake…

Industry Briefs - 4-30-18

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. ARTS/ENTERTAINMENT • The owners of The State Room, a 299-person-capacity live music venue, have…

Staff

Apr 29

Editorial Cartoon: Flapjacks

Staff

Apr 29

2018 Utah District Small Business Administration award winners

Small Business Person of the Year Paul Merrill CEO Casper's Fat Boy Ice Cream Veteran Owned Business of the Year Norman Serrano Founder and Chief Technologist International Vibration Technology LLC{mprestriction ids="1,3"} Minority Owned Business of the Year Marco Castillo…

Staff

Apr 29

Innovative ice cream maker knows when to grow and what trends to follow

In Northern Utah’s fertile Cache Valley, the dairy industry is serious business. And no one takes it more seriously than CEO Paul Casper Merrill of Casper’s Fat Boy Premium Ice Cream. He loves the company, has fun running it and, for the past decade, expanding it. Fat Boy is a…

Staff

Apr 29

Directors message: National Small Business Week celebrates the best of Utah's small businesses

Congratulations to the 2018 Small Business Week award winners and thank you for your commitment and dedication to the great state of Utah. Each year since 1963, the president has issued a proclamation announcing National Small Business Week, which recognizes the critical…

Staff

Apr 29

Less vibration means safer flight crews, more flight time

As a young Air Force helicopter crew chief, Norman Serrano found that the vibration of a helicopter increased more and more just before it broke down. Serrano concluded that the helicopter rotor blades should be adjusted or repaired as soon as they begin to vibrate. He focused…

Staff

Apr 29

Quality is our brand

Marco A. Castillo has been working in the construction industry for more than 22 years. He started working as a construction worker at the age of 18 in California. He then moved to Utah when he was 19 and continued to work in construction. But he was never satisfied being just a…

Staff

Apr 29