Cover Stories
Chamber leaders want members to be 'engaged, vocal and active'
By Brice Wallace The leaders of “Utah’s Voice of Business” want more voices to be part of their chorus. During the Salt Lake Chamber’s annual meeting in Salt Lake City, they encouraged more involvement in chamber programs and with efforts to address issues confronting the state’s economy. “By getting involved, we can solve our state’s challenges, maintain our state’s robust economy and ensure...Lassonde Studios 'exceeded expectations' in its first year
In its first year, the Lassonde Studios has proven to be a huge springboard for a group of aspiring entrepreneurs. The $45 million student innovation building opened last summer at the University of Utah and resulted in year-over-year increases in student participation in Lassonde Entrepreneur Institute programs, scholarship amounts, cash prizes, the number of startup teams and more, according...Consumer costs stay same from July to August
Consumer prices remained flat from July to August, according to the Zions Bank Wasatch Front Consumer Price Index (CPI) released recently. The index has grown 3.4 percent since August of last year. The majority of this growth has been caused by increased housing costs, as well as climbing prices within the transportation sector, according to Zions Bank. The national Consumer Price Index...
This Week's Headlines
Software company plans to expand Utah operations and add 218 jobs
A North Carolina-based payment software company has announced it will expand operations in Utah, creating 218 new jobs over the next five years. AvidXchange, which in late 2014 acquired Cottonwood Heights-based Piracle Inc., announced it has...Private bank opens SLC office
Denver-based Fortis Private Bank has opened a loan production office in Salt Lake City. Fortis has hired four people to initially staff the new location headed by Jeremy Lowry, executive vice president for private banking and residential lending....Fisher Group moves its operations to new facility
Fisher Group Inc., the holding company for several companies in the sign supply, label printing and plastic fabricating sectors, has moved its operations into an 83,000-square-foot facility on the northwest side of Salt Lake City, nearly doubling...Apartment vacancy lowest ever
Apartment vacancy in the Salt Lake market is at the lowest point ever reported since such records have been kept, according to research from commercial real estate firm Cushman & Wakefield Commerce. Mid-year figures show the vacancy rate at 2.6...Northrop Grumman acquisition of Orbital ATK includes Utah operations
A large aerospace company with a major presence in Utah has been purchased by defense contracting giant Northrop Grumman. Orbital ATK will become part of the Northrop Grumman family at a price tag of $9.2 billion. Orbital ATK develops and tests...O.C. Tanner buys Australian incentive program firm
Salt Lake City-based O.C. Tanner, a global leader in employee recognition and workplace culture, announced last week that it has signed an agreement to acquire Accumulate Loyalty Services Ltd., a leading Australian provider of employee...CBRE report: U.S. malls need to change their merchandise mix
According to a new report from commercial real estate company CBRE, the solution to the troubles faced by malls across the U.S. is simple: change their merchandise mix. The change, like most bold fixes, is far easier said than done, CBRE said....Executech opens new headquarters
Executech, a South Jordan-based outsourced IT provider, has moved to its new corporate headquarters. According to a release from the company, the new offices, which more than double the company’s previous available space, support the company’s...SilverVue acquires California firm
Sandy-based SilverVue, a cloud-based patient choice technology platform company, has acquired Ergo Sum Health of Redondo Beach, California. The acquisition includes Ergo Sum Health’s clinical data registry, which is now available as Check by...Obbard is new CEO at Marketware
Marketware, a provider of software-as-a-service (SaaS) healthcare relationship technology, has named Alex Obbard as the company’s CEO. Obbard brings more than 25 years of experience in all areas of revenue and profit generation for technology...Aneth oil field sold in $195M deal
Resolute Energy Corp. has sold its subsidiary that owns oil and gas operations in the Paradox Basin of southeastern Utah. The properties, known as the Aneth Field, was purchased by Elk Petroleum Ltd. of Australia for an immediate $160 million in...Editorial Cartoon: What Difference Does It Make
Business Tech: Struggling to afford upgrading your technology? Here are some solutions
By Mike Herrington Many businesses face a dilemma. They need technology to run their business, but they’ve let themselves get so far behind that the price tag for their needed upgrades isn’t palatable. Alternatively, a business can be growing...Hurricane Harvey relief comes with an extra-large side of pork
By Veronique de Rugy It was just a matter of time before our ideologically flexible president started making deals across the aisle. The result is a $15 billion Harvey relief package that includes short-term debt ceiling and government funding...An interview with Kim Jong Un - Well, in my imagination, at least
By Fareed Zakaria I am sometimes asked what world figure I would most want to interview. For me, the answer is obvious: Kim Jong Un. The general impression around the globe continues to be that the North Korean leader is crazy, provocative and...Taking responsibility: ‘Wind River’ and the ‘poor, old me’ mentality
By Robert Pembroke “Wind River” is an excellent movie — one of the best I have ever seen. The location of the movie is on the Wind River Indian Reservation in southern Wyoming. The photography is outstanding, the acting is great and the script...
