Featured Stories
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New study from Simplify LLC evaluates states on a variety of business-cost criteria
Brice Wallace, Business Journal If you’re a just-getting-started entrepreneur, relatively speaking, Utah won’t dent your wallet. A new study from Simplify LLC indicates that Utah is the least expensive state to start a business. Utah’s costs are “consistently favorable” across the categories of the study, which included factors such as taxes,... -
Utah jobless rate continues recent downward trend
Utah’s unemployment rate continues to show moderate decreases, with January’s rate coming in at 3.2 percent, down slightly from December’s 3.3 percent, which was revised from the originally reported 3.5 percent, according to data released by the Utah Department of Workforce Services (DWS). Prior to December, DWS reported a rate of 3.5 percent for... -
Goldman Sachs to its managers: Salt Lake City, Dallas or no job
Adobe stock photo New York City-based mega investment banking firm Goldman Sachs has asked some of its managers to relocate from major hubs — like its downtown Manhattan headquarters or a major location in London — to less expensive emerging locations like Salt Lake City or Dallas. The alternative is to lose their jobs, according to a report from... -
Trump policies have potential to help, harm
Lauren Henderson, an economist at Stifel Financial Corp., makes a point during an economic forecast event recently in Kaysville. Bank of Utah sponsored three such forecasts in Utah recently, in Salt Lake City and Ogden in addition to Kaysville. Brice Wallace Salt Lake Business Journal A new presidential administration usually means “change,” but a pair... -
Upcoming decision could shape Sundance’s future in Utah
Utah lawmakers pony up some money to keep the Sundance Film Festival in the Beehive State Tom Haraldsen The City Journals For 47 years, millions of moviegoers, producers, directors and actors have flocked to Park City for the Sundance Film Festival. But next year might be the final time that happens. The 2026 festival is scheduled for Jan... -
BETA Technologies demonstrates Utah’s first air taxi
Becky Ginos The City Journals Taking an air taxi to work seems pretty futuristic, but BETA Technologies traveled to six different airports around the state last week to demonstrate Utah’s first air taxi. This comes shortly after 47G Utah Aerospace & Defense signed an MOU with BETA, an electric aerospace company. The agreement is supported by the... -
Huge crowds expected for 3-day X Games June event
SLC ONE OF THREE WORLDWIDE SITES Brice Wallace Business Journal More than 100 extreme sports participants will compete in Salt Lake City this summer during the X Games, with the possibility of attracting extremely large crowds. The X Games recently announced that the three-day event will take place June 27-29 as the Utah State Fairpark and Event... -
HydroBlok moving production from China to Tooele County
NEW PLANT WITH 200 JOBS Brice Wallace Business Journal A waterproof building materials company plans to create 200 jobs and invest $20 million in a Tooele County manufacturing plant. Draper-based HydroBlok produces innovative building materials for interior and exterior applications. The Utah plant will take over manufacturing that has been... -
COX TABS BERRETT TO HEAD FINANCIAL INSTITUTIONS DEPT.
Gov. Spencer Cox has appointed Shaun Berrett as commissioner of the Utah Department of Financial Institutions (DFI). Berrett, with more than two decades of bank supervision and regulatory oversight, must be confirmed by the Utah Senate before taking over the department. He succeeds Darryl Rude in the role. “Shaun’s decades of experience within... -
Familiar names to guide Olympics planning
Fans of the Winter Games will once again hear the rumble of bobsled competition at the Utah Olympic Park near Park City as the Olympics return to Utah. The Organizing Committees has been named and preparations are underway for the 2034 Games. FRASER BULLOCK AGAIN AT THE TOP Brice Wallace Business Journal The team that will guide Utah toward the...