Business & Labor

Business & Labor
4:17 pm
Tue July 29, 2014

Utah's Consumer Attitude Index Hits High

Cicero Group CEO Randy Shumway says Utah ranks at or near the top in multiple lists including for being business friendly, a good place to live, best place for upward mobility and lowest unemployment.
Credit Bob Nelson

Utah’s Consumer Attitude Index hit an all-time high from June to July in a survey done for Zions Bank by The Cicero Group. The CAI increased 6.6 points to 104.9 during the period and has improved 19.4 points over the past four months. Randy Shumway is the Chief Executive Officer for Cicero.  He says 34 percent of Utahns surveyed believe their income is going to rise over the next twelve months.

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Business & Labor
5:41 pm
Mon July 28, 2014

Utah Food Bank Dealing with Typical Lean Summer Months

Demand for food from the Utah Food Bank is high while the summer supplies are low. The Summer Business Food and Fund Drive is an attempt fill the need.
Credit File: Utah Food Bank

A number of Utahns are still struggling to get enough food for their families despite overall favorable economic news. Rural Utahns in particular are facing tough times with more than 1 in 5 kids unsure how they getting their next meal. Ginette Bott is the chief development officer for the Utah Food Bank. She says the type of people needing food assistance is changing.

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Business & Labor
1:22 pm
Thu July 24, 2014

Child Poverty on the Rise in Utah

Photo courtesy Community Action Provo

Children in Utah are more likely to be living in poverty today than they were two decades ago. That’s according to new data released from the Annie E. Casey Foundation.

The percentage of Utah children living in poverty rose from 12 percent in 1990 to 15 percent in 2012. That’s a concern for Deputy Director of Voices for Utah Children Terry Haven.

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Business & Labor
5:32 pm
Mon July 21, 2014

Stericycle Another Step Closer to Moving

Proposed incinerator location in Tooele County

Medical waste company Stericycle has cleared another hurdle in its effort to relocate its incinerator from North Salt Lake to Tooele County. The local planning commission approved a conditional use permit for the new facility this month, though two commissioners voted against it.

Stericycle Vice President of Corporate Communications  Jennifer Koenig says the permit is necessary to move forward with a new facility, but it’s only one step among many.

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Business & Labor
7:23 pm
Thu July 17, 2014

SLC Department of Airports Breaks Ground on $1.8 Billion Terminal Redevelopment Program

Current rendering of proposed Terminal Redevelopment Program with complete build out scheduled for 2022.
Credit File: Salt Lake City Department of Airports

The Salt Lake City Department of Airports will break ground Friday on the 1.8 billion dollar Terminal Redevelopment Program. Construction will continue in phases from now through 2019 with complete build out by 2022. Mike Williams is the program director of the massive project. He says there will be many big changes along the way but the effort is going to be well worth it.

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Business & Labor
6:01 pm
Thu July 17, 2014

Park City's Autumn Aloft Returns After 20-Year Pause

Autumn Aloft lasted ten years in Park City in the 1990's and at one time attracted dozens of pilots and nearly 20,000 spectators.
Credit File: Autumn Aloft, Mark Prothro

Park City’s Autumn Aloft Hot Air Balloon Festival is returning after suddenly ending 20 years ago. It will coincide with the final weekend of the Parksilly Sunday Market September 19 through the 21st. Meisha Lawson is the spokeswoman for the festival. She says city leaders, residents and businesses are showing overwhelming support for the return of the event.

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Business & Labor
5:40 pm
Tue July 15, 2014

Investigative Committee Chair on Attorneys General Arrests: System Working

Credit File: Utah State Legislature

The chair of the Legislature’s Special Investigative Committee says he is working on a bill to increase potential use of grand juries in investigations in the wake of the John Swallow and Mark Shurtleff arrests Tuesday. Republican Representative Jim Dunnigan of Taylorsville led the bi-partisan investigation after the US Department of Justice dropped the case. He says a number of potentially helpful parties simply did not respond to subpoenas from the committee.

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Business & Labor
1:12 pm
Thu July 10, 2014

Downtown Alliance Pleased with Retail, Residential Growth

Downtown Salt Lake City
Wikimedia Commons

  Salt Lake City’s Downtown Alliance released its annual report on economic benchmarks today.  It shows retail sales, commercial office space and residential construction are all growing – and people seem to like it.

A statewide survey included in the report shows 70 percent of residents statewide have a positive perception of downtown Salt Lake, and 50 percent say the parking situation has improved.

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Business & Labor
4:38 pm
Wed July 9, 2014

Smith's Food and Drug to Anchor Holladay Major Mall Redevelopment

Rendering of Redevelopment of former Cottonwood Mall
Credit File: Howard Hughes Corporation

Smith’s Food and Drug will be the anchor grocery store for the development at the former Cottonwood Mall in Holladay. Activity at the 57-acre multi-use project stopped at the start of the recession. Marsha Gilford is vice president of public affairs for Smith’s. She says the new 78-thousand square foot store will be built just north of Macy’s and have two levels of below-store parking.

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Business & Labor
4:04 pm
Tue July 8, 2014

Report Finds Shortage of Workers with STEM Skills

A new national report shows that there is a shortage of workers with developed skills in science, technology, engineering, and math (STEM).  The Brookings Institution report analyzed how long job vacancies were posted last year for various occupations. The study’s author Jonathan Rothwell says STEM jobs took the longest to fill everywhere across the country, indicating difficulty finding workers with adequate skills.

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Business & Labor
7:21 pm
Thu July 3, 2014

UTA Off for the 4th but Change Possible Next Year

The 2nd Annual 4th of July Pet Parade kicks off the Art Festival. Highland Drive between Wilmington Ave. and 21st South is closed to autos for the 92 vendors, kids games, special library events all day.
Credit File: Sugar House Facebook page

Thousands of Salt Lake Valley residents will be celebrating Independence Day tomorrow, but they won’t be able to catch a bus or train to get around. The Utah Transit Authority is taking the day off. KUER’s Bob Nelson reports.

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Business & Labor
3:08 pm
Tue July 1, 2014

It's Now Legal to Sell a Utah Liquor License

  Starting today, it’s legal for bar or restaurant owners to sell their liquor licenses in Utah.  KUER’s Dan Bammes reports the change is meant to keep transactions above board.

The Transfer of License Act was passed by the Utah legislature three years ago.  The sponsor was Republican State Senator John Valentine, who says the idea was to stop the under-the-table transactions that often accompanied the sale of a business.

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Business & Labor
2:23 pm
Mon June 30, 2014

Fire Destroys Remnants of Brigham City's Historic Baron Woolen Mills

Google Maps Street View of Historic Baron Woolen Mill site in Brigham City, Utah, June 2013
Credit File: Google Maps

A small group of firefighters is still working on one remaining hotspot at Brigham City’s Historic Baron Woolen Mills Monday afternoon. Rick Bosworth, spokesman for Brigham City says the fire started around 9 pm Sunday in a newer area of the abandoned factory and spread to the larger brick structure. He says crews came in from surrounding cities to battle the fire.

“We had Brigham, Willard, Honeyville, Corinne and Tremonton all at the site,” says Bosworth.

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Business & Labor
7:52 am
Wed June 25, 2014

Salt Lake Tribune Supporters Take Their Case to DC

A small group concerned about the future of The Salt Lake Tribune is in Washington, DC hoping to catch the attention of congressional lawmakers and officials at the Justice Department.  

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Business & Labor
4:43 pm
Tue June 24, 2014

DABC Approves Snowbird’s Oktoberfest Liquor Permit

Snowbird

There will be beer at Snowbird’s Oktoberfest after all. Commissioners with the Utah Department of Alcoholic Beverage Control approved a single-event permit for the festival Tuesday, but the discussion around Utah’s liquor laws is not over. 

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Business & Labor
3:06 pm
Mon June 23, 2014

Department of Labor to Help Uranium Workers File Claims in Moab

A uranium mill tailings pile near Moab, Utah.
Wikipedia

The US Department of Labor is holding town hall meetings in Moab this week to help uranium workers who may be eligible for compensation and medical benefits.

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Business & Labor
1:31 am
Tue June 17, 2014

Utah Newspaper Project Files Lawsuit in Federal Court

The Utah Newspaper Project filed a lawsuit today in federal court against the Deseret News and Digital First Media, the parent company of the Salt Lake Tribune. They contend that the joint operating agreement shared by both newspapers violates federal law.

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Business & Labor
3:05 pm
Mon June 16, 2014

Legislature Questions DABC About Permitting Changes

Snowbird

Members of the Utah legislature questioned the director of the Department of Alcoholic Beverage Control Monday over the board’s decision to change the way they review single event permit applications.

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Business & Labor
4:32 pm
Fri June 13, 2014

Vendors Gear Up for 23rd Annual Downtown Summer Market

A colorful loaf of soap in Kathy Wawrzyniak's kitchen.
Whittney Evans

Salt Lake City’s downtown farmer’s market opens for its 23rd summer season this Saturday. And one local vendor is preparing for another busy year.

It really is a family affair at The Soap Lady’s house in Sandy. Kathy Wawrzyniak’s kitchen is brimming with pots and freshly baked loaves of soap.

“Well I have my sister Michelle and she just does everything,” Wawrzyniak says. “She’s concentrating on wrapping, making sets today, but she helps me make soap and does pretty much everything. I have my niece in the back. She does bath bombs today.”

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Business & Labor
2:44 pm
Wed June 11, 2014

Governor Herbert Addresses Panel at US Chamber Small Business Summit

Credit File: US Chamber of Commerce Foundation

Utah has received more top 10 economic rankings than any other state in the country. That’s according to the Enterprising States 2014 report released Wednesday at the US Chamber of Commerce Small Business Summit in Washington. Governor Gary Herbert was part of a panel discussion at the summit on closing the skills gap.

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Business & Labor
6:10 pm
Mon June 9, 2014

Governor Herbert Joins Western Tourism Group in Agreement with US Interior Secretary

Utah Governor Gary Herbert and members of the Western States Tourism Policy Council with US Interior Secretary Sally Jewell at the signing of memorandum of understanding agreement to promote tourism in federal lands. Vickie Varela of the Utah Office of Tourism is pictured to left front of Gov. Herbert.
Credit File: Office of Gov. Gary R. Herbert

Gary Herbert was among several western governors and U-S Interior Secretary Sally Jewell who signed an agreement to recognize the importance of tourism on federal lands and waters. The memorandum of understanding, or MOU, is between members of the Western States Tourism Policy Council and a variety of Federal Agencies. Vickie Varela is the managing director of the Utah Office of Tourism. She says fostering public/ private partnerships is one of the key areas of cooperation.

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Business & Labor
4:33 pm
Fri June 6, 2014

Jon Huntsman Sr. Interested in Buying the Salt Lake Tribune

Ending months of speculation, Jon Huntsman Sr. acknowledged today that he is interested in buying the Salt Lake Tribune.  

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Business & Labor
2:21 pm
Fri June 6, 2014

The Draw Opens In Sugar House

Congressman Jim Matheson(D), outgoing US 4th District Representative, points east to the trail head of Parley's Trail, at the ribbon-cutting event at the opening of The Draw at Sugarhouse.
Credit Bob Nelson

Sugar house Park above 13th East and Hidden Hollow Park are now officially connected by Parley’s Trail. A couple hundred people including residents and government officials gathered this morning Friday for the ribbon-cutting ceremony of The Draw at Sugar House. Utah Democratic Congressman Jim Matheson recalled just starting out in Washington when a coalition people from the Salt Lake Valley first met with him with this huge urban trails project.

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Business & Labor
5:21 pm
Wed June 4, 2014

Utah Reconsiders Work Requirements for Food Assistance

The number of people getting food assistance from Utah’s SNAP program has significantly declined over the past two years. State officials credit improvements in the economy and employment, but some advocates for the poor say it also has to do with work requirements that make it harder for people to receive benefits.

Nic Dunn is a spokesperson for Utah Department of Workforce Services, and when he looks at the decline in SNAP caseloads, he sees evidence that the state is climbing out of the recession.

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Business & Labor
4:59 pm
Thu May 29, 2014

“Utah’s Own” Branding Campaign Expands into Rural Areas

"Your State of Chocolate" in Tooele is a member of Utah's Own

The push to promote local products made in Utah is expanding into rural areas. Tooele County hosts its first ever Utah’s Own Summit on Friday to help small food-oriented companies expand their business, add jobs, and improve rural Utah’s economy.

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Business & Labor
3:18 pm
Thu May 29, 2014

New Industrial Distribution Facility Could Bring 3,000 Jobs to Utah

Gov. Gary Herbert at the groundbreaking ceremony for a new 2.3 million square foot industrial storage and distribution center.
Brian Grimmett

Governor Gary Herbert and Salt Lake County Mayor Ben McAdams helped break ground for a new 2.3 million square foot industrial storage and distribution campus Thursday in West Valley City.

The new facility located off of the 21st South freeway is projected to bring as many as 3,000 new jobs to Utah. Freeport West is developing the location. They already own and manage more than 10 million square feet of property in the state.

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Business & Labor
5:25 pm
Wed May 28, 2014

Utah Alcohol Board May Not Give Snowbird's Oktoberfest a Beer Permit

Credit Snowbird

The state liquor commission may not let Snowbird Ski Resort serve beer at its annual Oktoberfest this year. The Department of Alcoholic Beverage Control board laid out tighter guidelines this week for granting single-event permits to businesses. Snowbird’s General Manager argues that move could affect business as well as the community.

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Business & Labor
2:13 pm
Tue May 27, 2014

Transportation Costs Push Zions Bank Consumer Price Index Up

Aaron Anderson, President and Chief Executive Officer of The Cicero Group, which conducts surveys for Zions Bank.
Credit Bob Nelson

The Zions Bank Consumer Price Index increased 0.1 percent in April compared with March on a seasonally adjusted basis. Aaron Anderson is a Director at the Cicero Group, which conducts the survey for Zions. He says transportation cost increases including the price of new cars were the driving force behind the up-tick.

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Business & Labor
5:54 pm
Wed May 21, 2014

Former Mexico President Calderon Tells SLC Trade Conference Betting on Trade Paid Off

Felipe Calderon, Former President of Mexico, addresses full house at the Marriott City Creek in Salt Lake City.
Credit Bob Nelson

Former President of Mexico Felipe Calderon delivered the keynote address Wednesday at the Zions Bank 13th Annual Trade and Business Conference. Calderon served as President from 2006-2012 during what he calls the worst economic crisis in human memory. He recalled the saying; when the United States gets a cold, Mexico gets pneumonia.

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Business & Labor
3:32 pm
Wed May 21, 2014

Judge Rules Park City Mountain Resort Failed to Renew Lease On Time

Park City Mountain Resort

Utah Third District Court judge Ryan Harris has issued summary judgments in favor of the Talisker Corporation and Vail Resorts in their case with Park City Mountain Resort over a failure to renew their lease in 2011.

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