Archive

They're not huge, but home prices still posting gains

The steady growth in home prices seen over the past few years continued through January with Salt Lake City market prices climbing 0.8 percent from December, according to property information and analytics company CoreLogic, based in Irvine, California. The CoreLogic Home Price…

Staff

Mar 12

Geek Squad founder: Success comes from risk taking, creativity

By Brice Wallace To hear Robert Stephens tell it, his success in the business world has been all about taking risks. And many of today’s companies, he says, are avoiding it. From having his Geek Squad company in retail stores to the selections of its name, logo, vehicle fleet…

Biomerics expansion will mean 380 new jobs for Salt Lake County

A medical device manufacturer will expand in Salt Lake County and add 380 jobs over the next eight years. Biomerics LLC made the announcement last week after being approved for a $3 million tax credit incentive from the Governor’s Office of Economic Development (GOED) board. The…

Staff

Mar 12

Unemployment kept inching down in January

Utah’s effective unemployment just keeps going down, declining another one-tenth of one percent in January to 3.1 percent. Although most economists consider such a number near full employment, the Utah Department of Workforce Services reported that approximately 47,800 Utahns…

Staff

Mar 12

Joiner replaces Sperry as CEO of InMoment

Salt Lake City-based InMoment, a marketer of customer experience intelligence software, has announced that Andrew Joiner has been appointed the company’s new chief executive officer by its board of directors. Outgoing CEO and InMoment founder John Sperry will continue as…

Staff

Mar 12

Utah joins lawsuit claiming generic drug price fixing

The office of Utah Attorney General Sean Reyes has announced that Utah has joined a federal antitrust lawsuit alleging that six generic drug-makers entered into illegal conspiracies in order to unreasonably restrain trade, artificially inflate and manipulate prices and reduce…

Staff

Mar 12

CORPORATE FINANCIAL REPORTS 3-11-17

The following are recent financial reports as posted by selected Utah corporations: ZAGG ZAGG Inc., based in Salt Lake City, reported a net loss of $4.1 million, or 15 cents per share, for the fourth quarter ended Dec. 31. That compares with net income of $5 million, or 18 cents…

Staff

Mar 12

Gordon & Rees opens Salt Lake City office

San Francisco-based law firm Gordon Rees Scully Mansukhani, commonly known as Gordon & Rees, has announced the opening of a Salt Lake City office. The entrance into the Utah market is part of the firm’s long-term plan to open offices in strategic locations that best serve its…

Staff

Mar 12

Business Tech: There must be a reason businesses are turning to managed IT services

By Mike Herrington Small and medium-sized businesses can gain huge organizational benefits from strategically outsourcing their IT. Many small-business owners find themselves spending a lot of hours managing the technology that makes their business run. It can be a burdensome…

Trump should expand audits of programs that waste taxpayers’ money

By Veronique de Rugy Let me dream for a second that the Trump administration is serious about rolling back the expansion of government that occurred during the George W. Bush and Barack Obama years. In that case, much of this effort will require congressional action. And that,…

Military might isn't enough; it takes civilian efforts to really win a war

By Fareed Zakaria’s The first time I met Gen. David Petraeus, he said something that surprised me. It was the early days of the Iraq War and, while things were not going well, he had directed his region in the north skillfully and effectively. I asked him whether he wished he…

In-service withdrawals: You may be able to take retirement funds while still working

By Mark Lund If you withdraw money out of a workplace retirement plan in your 50s, will you be penalized for it? In most cases, the answer is “yes.” Distributions taken from a qualified retirement plan before age 59 1/2 usually trigger a 10 percent IRS early withdrawal penalty.…

Where do you do your banking? Maybe it’s time to build a ‘legacy bank’

By Doug Andrew Where do you bank? A nationwide institution? One of Utah’s big banks? A credit union or online bank? Wherever you choose to put your cash for business, checking and savings often depends on benefits, fees, convenience and service. What about your resources that…

Editorial Cartoon - Lemon Inventory

Staff

Mar 12

HOW MUCH IS ENOUGH? Bears Ears National Monument fuels debate over amount of Utah land under federal control

By Frances Johnson There is no doubt that tourism is big business in Utah and the state’s public lands — including “The Mighty 5” of Canyonlands, Arches, Capitol Reef, Bryce Canyon and Zion national parks — play a big role in attracting visitors. Travelers to the state spent…

In search of WOW! customer service

By Kip Lambert Bad customer service experiences are all too common. There’s the clueless teenage employee at McDonald’s, the ever-tired airline agent at the check-in counter and everyone’s favorite, the listless government DMV worker. Let’s face it — excellent customer service…

The greater outdoors: The future looks bright for the RV industry

By Blake Citte The modern recreational vehicle has played a major role in Americana for over a century. Manufacturers of RVs date back as early as 1910, and by the time the 20s roared their way through history, RV parks began popping up all across the country. The RVs of the 30s…

Here are some tips to help you plan a better vacation

By Gary Sorensen A vacation could be a stress-free adventure full of activities to keep you busy — or could be doing absolutely nothing in a place away from phones and computers. People vacation to learn about different cultures, experience historic places, observe wildlife in…

Resorts, environmental groups spar over approval for summer attractions

By Frances Johnson While it’s the “Greatest Snow on Earth” that attracts most people to Utah’s many ski resorts, summertime activities in the mountains are growing in popularity and resorts around the state are doing their best to cash in. At the beginning of the year, Snowbird…

Industry Briefs 3-13-17

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. DIRECT SALES • Nu Skin Enterprises Inc. , Provo, has appointed Mark Lawrence as chief financial…

Staff

Mar 12

No further action on non-competes - for now

By BRICE WALLACE A controversial bill from the 2016 legislative general session won’t get a sequel, at least for now. HB251, passed last year, limited non-compete agreements — whereby an agreement is reached between a company and a worker prohibiting the worker, upon leaving the…

Utah consumers' fiscal outlook remains strong

Utah consumers had a slightly less positive outlook on the economy in February, but still think things are going pretty well. The Zions Bank Utah Consumer Attitude Index (CAI) declined a statistically marginal 2.9 points to 114.7 in February. The overall CAI currently sits 8.9…

Staff

Mar 4