Archive

Herbert to receive award 'Giant in Our City' at unique drive-in picnic gala

It won’t be your typical “Giant in Our City” gala. The Salt Lake Chamber annual soiree — traditionally a black-tie event at the posh Grant America Hotel — was originally was scheduled for March 26. Delayed because of the COVID-19 pandemic, the event this year will take place…

Staff

Jun 7

Effect on manufacturing by COVID-19 pandemic reported to be mixed bag

A study of the effects of the COVID-19 pandemic on Utah’s advanced materials and manufacturing industry reveals a mixed bag of results. While 47 percent of survey respondents said they have seen no reduction in customer demand, 44 percent said demand has shrunk and nearly 7…

Staff

Jun 7

Succeeding in Your Business: The new small-business bankruptcy law may rescue some businesses

By Cliff Ennico It should come as no surprise that many small businesses will be going under as a result of the coronavirus pandemic and the government restrictions that have virtually shut down the U.S. economy. Many of those small businesses will be thinking about bankruptcy…

Editorial Cartoon: Not To Play

Staff

Jun 7

Industry Briefs 6-8-20

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. CONTESTS • The Economic Development Corporation of Utah is accepting nominations through June 19…

Staff

Jun 7

We’ll miss Alesina and his insight into austerity’s role in debt reduction

By Veronique de Rugy The world has lost a great economist. Alberto Alesina suddenly passed away from cardiac arrest while on a walk with his wife on May 23. He was 63. A prolific researcher, his voice will be missed in the coming years, as we must yet again debate the merits of…

Pandemic’s 2nd stage hitting the developing world - it’s getting ugly

By Fareed Zakaria In much of the developed world, the curve is slowly flattening, but this obscures a tragic reality — the second phase of the crisis has begun as the virus spreads to the developing world. Ten of the top 12 countries with the largest number of new confirmed…

With so much supporting evidence, Trump is right about mail-in voting

By Marc Thiessen President Trump is raising a completely legitimate concern that an unprecedented expansion in the use of mail-in ballots in the 2020 election could lead to voter fraud. But that has not stopped his critics from declaring his statements to be false. Really? In…

Newsletter 6-1-20

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, June 1, 2020 Crowd or no: What will it look like as sports, events return? By Brice Wallace Don't be surprised if you attend a sports event later this year in a full house. Or maybe in a sparse crowd…

Crowd or no: What will it look like as sports, events return?

By Brice Wallace Don’t be surprised if you attend a sports event later this year in a full house. Or maybe in a sparse crowd sprinkled throughout the arena. Or alone, catching screen time at home because fans aren’t allow in the venue. Or all of the above, depending on the week.…

April jobless rate gives ‘glimpse’ of May and beyond

Figures released by the Utah Department of Workforce Services don’t give a true picture of the state’s current unemployment situation but do offer a hint at what the rate may be down the road. At the end of April, the jobless rate stood at 9.7 percent with about 155,800 people…

Staff

May 31

COVID-19 Updates: Cancellations and postponements 6-1-20

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

May 31

Extended unemployment, final CARES program, becomes available to Utahns

The Pandemic Emergency Unemployment Compensation (PEUC) program is now available for Utahns. This is the fifth and final CARES Act program to be implemented in the state. PEUC will allow eligible individuals who have exhausted their benefits to receive up to 13 weeks of…

Staff

May 31

Utah farmers can apply for financial help through USDA Food Assistance

Agricultural producers in Utah can now apply for USDA’s Coronavirus Food Assistance Program (CFAP), which provides direct payments to offset impacts from the coronavirus pandemic. The application and a payment calculator are now available online, and USDA’s Farm Service Agency…

Staff

May 31

HHS sending $37.4 million to 83 of Utah's skilled nursing facilities

The U.S. Department of Health and Human Services (HHS) has begun distributing 83 payments totaling $37,355,000 to skilled nursing facilities (SNFs) in Utah to help them combat the devastating effects of the COVID-19 pandemic. Nursing homes play a pivotal role in providing…

Staff

May 31

Salt Lake Co. gives Utah Food Bank $750,000 to relieve C-19 food shortage

Salt Lake County leaders have approved a $750,000 grant to aid the Utah Food Bank in its efforts to feed needy families during the current crisis. The grant funds will allow the Utah Food Bank to provide 1.1 million pounds of food to residents of Salt Lake County, officials…

Staff

May 31

School board approves draft of plan to begin dealing with budget deficit

The Utah State Board of Education has approved a draft of the Fiscal Year 2021 Base Budget Reduction Scenarios that outlines staff recommendations for possible 2 percent, 5 percent and 10 percent reductions to education funding necessitated by the COVID-19 pandemic. All of the…

Staff

May 31

HHS delivers $87,419,266 to expand COVID-19 testing capacity in Utah

The U.S Department of Health and Human Services (HHS) has delivered $87,419,266 in new funding to Utah to support testing for COVID-19. In total, $10.25 billion in funding is being provided by the Centers for Disease Control and Prevention (CDC) to states, territories and local…

Staff

May 31

Utah’s Own wants citizens to eat locally produced farm products

Utah’s Own, a state-run program to promote locally produced goods, has launched a new initiative to encourage Utahns to purchase locally produced agricultural products and foods to strengthen and support Utah’s farmers, ranchers and producers, who are struggling during the…

Staff

May 31

Economist: Payroll Protection Program saved 3/5 of Utah's small-business jobs

By Brice Wallace In mid-March, “everything started crashing down” for Ernesto Garibay, owner of Hacienda Mexican Grill and La Hacienda, as the restaurants were among many Utah businesses forced to close its doors due to COVID-19. In a week’s time, revenue shrunk to 20 percent of…

Utah booked record $25 billion in corporate acquisition/merger transactions in last year

The dollar value of business acquisition transactions reached an all-time high in Utah in 2019, according to the recently released annual Deal Flow Report from business networking group MountainWest Capital Network (MWCN). The organization’s 25th annual report, an in-depth…

Staff

May 31

Baltimore firm building $120 million worth of business parks in Taylorsville & Springville

By Brice Wallace Whatever problems COVID-19 currently is inflicting on the Utah economy, St. John Properties is looking beyond it. The Baltimore-based real estate investment company has announced it will build new, multibuilding business parks in Taylorsville and Springville — a…