Utah Pulse - Featured Stories

The Governor's Utah Economic Summit 2008

24-Mar-2008 01:20:49

Covered exclusively by UtahPulse

Utah's Economic Outlook...It Could Be Worse

31-Mar-2008 10:47:12

(Utah Pulse) Utah’s economy is slowing, but it’s not going to slip into recession in 2008. That’s the conclusion of Wells Fargo Economist Dr. Kelly Matthews.

Weak Home Construction Hurts Utah Small Businesses

10-Jun-2008 01:57:27

(Utah Pulse) A new report from Zions Bank says that the weakening home construction sector in Utah is hurting other small businesses involved in the construction business. The Zions Bank Small Business Index uses new home permits as one indicator of the economic health of small businesses in Utah. The report says builders were too aggressive in adding new home inventory, leading to a slowdown in that sector.

2008 Rural Business Conference

30-Mar-2008 12:31:23

Hosted by Senator Bob Bennett and the Utah Rural Development Council

Using Business Techniques to Improve Diplomacy

31-Mar-2008 12:28:38

(Utah Pulse) One month after the 2001 terrorist attacks in New York and Washington, D.C., many were wondering why someone would hate America so much that they would carry out such vicious attacks.

Finally, Revamped Downtown Begins to Rise

31-Mar-2008 01:21:33

(Utah Pulse) After years of planning, the centerpiece to a revamped downtown Salt Lake City is beginning to take shape.

Mexican Agriculture Official Says Immigration is Good for U.S. Economy, Bad for Mexico's

04-Apr-2008 11:06:40

(Utah Pulse) - Migrant workers from Mexico leaving for the United States is a bad development for Mexico’s economy.

From "Donny and Marie" to Internet Video Innovation

07-Apr-2008 02:38:28

One local Salt Lake City company is on the cutting edge of Internet video delivery.

A Seventh Interest Rate Cut by the Federal Reserve Would Help Utah's Small Businesses

09-Apr-2008 07:23:43

A weakening economy resulted in a loss of 80,000 jobs across America last month.

Jeff Thredgold's Tea Leaf - Down Right Ugly

09-Apr-2008 12:18:25

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates

What's Right With Utah - A Look in the Economic Mirror

10-Apr-2008 05:26:50

by Natalie Gochnour, COO Salt Lake Chamber

High Fuel Prices Hitting Hard...Away From the Pump

10-Apr-2008 02:09:25

(Utah Pulse) – The record high prices at the pump are putting the squeeze on consumers and businesses, but they’re also starting to affect the price you pay at the store.

A Day For Inventors

11-Apr-2008 05:44:10

by Michael O'Malley, Marketing Communications, USTAR

The life of the inventor can be a lonely one. There are hours in the lab or the shop with nothing but your creativity and persistence for company. Ideas and breakthroughs are exciting, but they don’t make for much of a business or emotional support network. For innovators in Utah, Saturday, April 19th, should prove a revitalizing break from the solitary routine.

Salt Lake Chamber and World Trade Center Utah Help Utah Businesses Compete in the Global Marketplace

14-Apr-2008 06:22:42

This year the Salt Lake Chamber of Commerce will celebrate its 50th year as a sister chamber to the Matsumoto Chamber of Commerce and Industry in Nagano, Japan. That relationship, like the many other programs and services the chamber offers, has helped Utah businesses grow and prosper since 1902.

Utah's Job Market - Good But Slowing

14-Apr-2008 12:54:56

A new survey by the Department of Workforce Services concludes that the state’s red-hot job market may be slowing a bit. The 4th Quarter 2007 Job Vacancy Study shows that there are unfilled jobs around the state, but the main areas of need are in the healthcare and service sectors.

Report: Utah's Economy Slower, But Not Likely to See a Recession in 2008

14-Apr-2008 01:58:42

According to the Spring 2008 issue of Zions Bank's "Insight - Economic News of Utah and the Nation" released today, the Utah economy has decelerated to a slower growth pace in recent months but is not likely to experience a recession in 2008.

Delta and Northwest Airlines to Merge

15-Apr-2008 05:25:31

Delta Airlines and Northwest Airlines have agreed to a $3 billion merger to create the largest airline in the world.

Join the Elite—Apply Now for the Inc. 5,000 Recognition

15-Apr-2008 05:36:07

Last year Brad Stone, CEO of Heritage Web Solutions, based in Provo, received what appeared to be a random e-mail inviting his company to apply for the Inc. 5,000 recognition— Inc. magazine’s and Inc.com’s annual list of the fastest growing private companies in America.

Utah Receives Accolades for Livability, Pro-Business Environment

15-Apr-2008 11:09:01

The Beehive State continues to receive positive national exposure, this time for its livability and pro-business environment.

Utah's Unemployment Rate Grows Slightly in March, Job Growth Slowing

15-Apr-2008 11:33:11

New numbers from the Utah Department of Workforce Services show Utah is experiencing the same slowing trend as the rest of the nation. The state's job growth in March is 2.1 percent, down from 2.3 percent. However, even though those numbers may be heading downward, the state is still outpacing the national job growth of just 0.4 percent.

Chamber’s B2B Expo: 'Networking Event of the Year'

16-Apr-2008 05:27:04

Utah’s networking event of the year is just around the corner as final preparations wrap up for next week’s Business to Business Expo, held April 23 and 24 at the Salt Palace Convention Center.

2008 Salt Lake City Downtown Economic Forum

17-Apr-2008 05:30:05

by Bob Farrington, Executive Director, Downtown Alliance

The Downtown Alliance recently hosted the 2008 Salt Lake City Downtown Economic Forum where details about downtown and the considerable changes taking place were presented and discussed by leading experts, planners, developers, and community leaders.

Jeff Thredgold's Tea Leaf - "Handwriting on the Wall"

17-Apr-2008 10:07:43

by Jeff Thredgold, CSP, President, Thredgold Economic Associates

While the Democratic candidate for the American Presidency remains somewhat uncertain, as does how he or she will fare against Republican John McCain in November, two other typical election unknowns seem somewhat certain at this juncture… …the Democrats are almost certain to strengthen their control in the U.S. House of Representatives …the Democrats are highly likely to add to their majority in the U.S. Senate Incumbency

Consumer Prices on the Rise in Western United States

17-Apr-2008 11:41:06

(Utah Pulse) New figures from the U.S. Department of Labor show that the Consumer Price Index (CPI) rose 1.0 percent in the month of March.

2008 Pathfinder Award - Dr. Pratap Khanwilkar

17-Apr-2008 11:52:48

(Utah Pulse) Dr. Pratap Khanwilkar, Vice President of Rotary Systems & Business Development for Worldheart, Inc., is the recipient of the 2008 Pathfinder Award from the Sorensen Inventor Showcase and Mountain West Capitol Network.

Vacant Office Space Increasing in the Salt Lake Valley

18-Apr-2008 01:37:32

(Utah Pulse) New numbers from Commerce CRG show that the office vacancy rate in the Salt Lake Valley is starting to inch up. The first quarter of 2008 saw an 11.4-percent vacancy rate compared to 10.8-percent at the end of 2007. Mike Richmond of Commerce CRG says that just shows Utah is not immune to the economic slowdown hitting the rest of the nation. “We’re still hanging in there, but we did see some slowing in the first quarter compared to the first quarter a year ago. We saw about a 50-percent reduction in office space that was absorbed and our lease rates are starting to flatten out.”

Introducing the U of U International Center

21-Apr-2008 05:18:17

In its quest to become Utah’s “international gateway,” the University of Utah is bumping up its numbers of foreign students who call Utah home while earning a degree.Bill Barnhart, director of the U.'s International Center Although the school saw a drop in international enrollments following Sept. 11, 2001, those numbers are once again starting to pick up and have just recently reached pre-2001 levels, says Bill Barnhart, director of the U.’s International Center.

Former Prime Minister of Australia to Speak at Zions Bank's International Trade and Business Conference

23-Apr-2008 05:19:20

Why is it important to “go global?” If your business isn't taking advantage of international opportunities, you're missing out on some real potential demand for your product. According to statistics from the U.S. Commercial Service's Export Assistance Center, 70 percent of the world's purchasing power and 95 percent of its population are outside the United States. What's more, jobs related to exporting pay 20 percent more, on average, than those not related to shipping across borders. Indeed, international trade is one of the hottest areas of economic growth for Utah and Zions Bank’s 7th annual International Trade and Business Conference, slated for May 20 at the Downtown Marriott in Salt Lake City, is setting the stage for further growth.

President Bush Proclaims National Small Business Week

21-Apr-2008 11:02:30

WASHINGTON – Calling small business the backbone of the nation’s economy, President George W. Bush stressed his Administration’s efforts to foster “an environment in which the entrepreneurial spirit can thrive” in his proclamation of the week of April 20-26 as National Small Business Week.

South Jordan City Recognized for Innovation, Sustainability Forecasting Tool

22-Apr-2008 05:22:46

Earlier this year South Jordan City received national recognition as a leader in government innovation by the Alliance for Innovation, an internationally recognized nonprofit association of local gov

Free Online Communications Seminar for Business Owners

22-Apr-2008 11:58:17

An hour-long Internet coaching session aimed at sharpening communications skills for business owners will be presented by Granville Toogood, a former network news producer for NBC and ABC on April 24,

The Delta Merger - Beyond the Bottom Line

24-Apr-2008 05:23:56

by Lane Beattie, President and CEO, Salt Lake Chamber Last week, Delta Air Lines reaffirmed their commitment to Salt Lake City by announcing their intent to merge with Northwest Airlines. We all felt relief and cheered because they will maintain Salt Lake City as their primary gateway to the western U.S. The benefits of the merger have been widely acknowledged – more long-term job security for the 3,000 Utah jobs impacted by the merger, enhanced global access, improved economic development and tourism opportunities, and a more competitive global airline. As a result of the merger, Delta Air Lines will be stronger, even as Utahns continue to benefit from the presence of three discount carriers in the local market.

USTAR Tech Outreach Makes the Connections

25-Apr-2008 05:22:39

by Michael O'Malley, USTAR Marketing and Communications As one of the most entrepreneurial states in the nation, Utah has its share of new and growing businesses with potentially market-leading technology under development. However, many up-and-coming companies that show great promise have difficulty focusing on key markets, developing the management “bench strength” to grow, connecting with the early-stage investment community, or finding growth synergies with other companies. Where can some of them turn for help? USTAR’s Technology Outreach and Innovation Program (TOIP).

Jeff Thredgold's Tea Leaf - "Bumps In the Road" and "Inflation Ugly"

24-Apr-2008 07:12:22

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates Conventional wisdom within the economic forecasting community suggests that a modest U.S. recession is currently underway. Such wisdom (the term used loosely) also suggests that a return to noticeable U.S. economic growth is likely during 2008’s second half, with a return to still more impressive performance during 2009. To use a driving analogy, the consensus of economists saw the economy cruising comfortably at a 50 mile per hour speed during 2004-2006…saw it slow to around 30-35 mph in 2007…and see it currently stalled by the side of the road undergoing “repairs.”

Where Did Your Federal Dollars Go?

24-Apr-2008 08:59:24

The federal government disbursed $2.45 trillion in domestic spending in 2006, according to two reports published by the U.S. Census Bureau. That represented an 7.5 percent increase in federal spending over 2005.

More than 150,000 Layoffs in March

25-Apr-2008 12:34:22

A new report from the Federal Bureau of Labor Statistics shows that US employers laid off 157,156 workers in the month of March. That was the highest number of layoffs in March since 2003.

U.’s Middle East Center Outreach Program Focuses on Education

28-Apr-2008 05:30:41

Media coverage of the war in Iraq has brought the Middle East into family rooms, classrooms and dinner table conversations. But there’s still a lot more to learn about the misunderstood region and a lot of myths to combat, says Linda Adams of the University of Utah’s Middle East Center. “Historically there’s been such misinformation about the Middle East. People generally are better informed today than they were 10 years ago,” Adams says. “At least today I think people could find Iraq on the map.”

Going Green: Utah's First Wind Farm Takes Shape in Spanish Fork Canyon

29-Apr-2008 05:25:04

Utah's first official wind farm is taking shape in Spanish Fork Canyon and when completely online in August, its nine wind towers will generate 18.9 megawatts of power daily—enough to supply Spanish Fork and possibly Mapleton. David Anderson, Spanish Fork's planning director, says the wind farm project is being co-developed by Wasatch Wind, a Heber City-based company, and Edison Mission Energy, a subsidiary of Edison International, headquartered in Rosemead, California. The majority of the wind farm is on Spanish Fork City property and the city provided a financial incentive to give the project a boost on its financing.

Utah Congressman Pushes Incentives for Small Businesses to Reduce Their Carbon Footprint

29-Apr-2008 12:05:53

(Utah Pulse) Utah Democratic Congressman Jim Matheson is pushing a plan to give energy-efficient small businesses preference in applying for research and technology grants.

Consumer Spending Expected to be Down for Mother’s Day

30-Apr-2008 10:44:50

A new survey by the National Retail Federation (NRF) says Mother’s Day spending will be down this year, as high gas prices and an uncertain economy will make consumers scale back.

A Private Sector Approach to Health Reform

01-May-2008 05:23:43

by Lane Beattie, President and CEO of the Salt Lake Chamber Many have heard the admonition that when you come to a fork in the road, take it. The business community arrived at this fork earlier this year when it became clear that state-government-lead health system reform would take time. We support Gov. Huntsman and the Legislature’s efforts to enact meaningful reform and will take significant steps in the private sector to achieve substantive progress and will be an active participant in the process. At the same time, we in the business community have been asking what we can do privately to reform a broken system. Utah businesses can no longer afford the staggering increases in health care premiums. The Salt Lake Chamber joins other Utahns in calling for a more sensible and sustainable system that will contain costs, expand access, and improve medical outcomes.

What to do With That Stimulus Check?

01-May-2008 10:21:22

(Utah Pulse) Once that much anticipated government stimulus check is in consumers’ bank accounts, the next question is what to do with it? The government hopes you’ll spend it. Experts say you should save it, or pay down debt.

Diverse Talents to Converge at Dixie Technical Association

01-May-2008 03:52:04

What do you get when you put entrepreneurs in a room with programmers, designers, inventors, videographers, and IT pros? “We don't know either,” says Joshua Aikens, “but we're excited to find out."

Jeff Thredgold's Tea Leaf - "A Final Move?"

02-May-2008 07:04:14

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates As expected, the Federal Reserve today trimmed its key interest rate, the federal funds rate, by 0.25% from 2.25% to 2.00%. The Fed has cut the rate by 3.25% in seven moves since September 18, 2007.

Miller Global Business Center Offers International Business Education

05-May-2008 05:17:50

After 30 years on the government end of international trade, Stanley K. Rees is taking those decades of experience to the front of the class. As a teacher and a director in the Miller Global Business Center at Salt Lake Community College, Rees is equipping Utah businesses with the know-how to break into foreign markets.

Six Companies with Utah Operations Ranked in BusinessWeek 50 List

06-May-2008 05:38:22

The April edition of BusinessWeek magazine announced the 12th annual ranking of the best-performing companies in the Standard & Poor's 500-stock index—the “BusinessWeek 50.” These are companies whose management vision spurns conventional wisdom, according to BusinessWeek. Six of the BusinessWeek 50 companies have Utah operations and EDCUtah has had the privilege of working with each of them, either through recruitment efforts or partnership activities. The Utah companies, listed according to their ranking are:

Report Says Growth in U.S. Economy Good News for Utah's Small Businesses

06-May-2008 12:27:51

Stronger than expected growth in the U.S. economy during the first quarter of 2008 is raising doubt that a recession is looming. The economy grew by 0.6%, which matched the growth of the previous quarter.

Weathering the Economic Downturn

07-May-2008 05:40:35

Forget about the woes on Wall Street. On Main Street U.S.A. the fundamentals of starting or running a business or raising capital haven’t really changed much, even in the midst of a slowing economy and tighter credit policies—especially in Utah. In fact, a Forbes Magazine article last week named Salt Lake City among America’s “recession-proof” cities. The article states, "Though Salt Lake City's unemployment rate is rising, it's still among the lowest of the country's 50 largest cities. ... The state is still creating jobs, just not as quickly as its labor force is growing. A November 2007 report from the U.S. Conference of Mayors projected that Salt Lake City would be one of the few large cities in the country not to suffer a decline in gross metropolitan product from the mortgage crisis."

"Taxes Now" Conference Set for May 13, 2008

07-May-2008 12:08:48

(Utah Pulse) The Utah Taxpayers Association convenes their 2008 Taxes Now Conference on May 13, 2008 at the Little America Hotel.

Jeff Thredgold's Tea Leaf - "Whither Recession?"

07-May-2008 12:16:14

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates Perhaps a month ago, forecasting economists were largely split as to whether the U.S. was in, or would soon enter, a recession. The collective view clearly moved into the recession camp on April 4 with a reported decline of 80,000 jobs in March, combined with an additional 67,000 jobs lost over the two prior months… …we are now back to square one

Live Green Festival on Tap This Saturday

08-May-2008 05:42:52

by Kim Angeli, Downtown Alliance The Downtown Alliance presents Live Green, the 5th Annual Downtown Sustainable Living Festival. The event will be Saturday, May 10th, 2008 at Library Square from 10 am to 6 pm. This event—which is becoming the most recognized environmental fair in the State of Utah—is educational, entertaining, and engaging. More than 100 vendors will be at Live Green, including a variety of businesses that share the vision of providing green guidance and recyclable resources.

Good Deeds Make Good Business at Aribex

09-May-2008 05:40:47

by Michael O'Malley, USTAR Marketing and Communications A good idea stemming from good intentions is at the root of a growing Orem-based company bringing innovative technology to the dental and veterinary markets. The flagship product of Aribex, Inc. is the NOMAD handheld x-ray system. Slightly larger than a hairdryer, this battery-powered device uses patented technology to put the power of diagnostic x-rays in a portable package. “Nomad is an innovation that changes the way radiography is done. We’re first to market. In fact, we’re creating a whole new category in the market,” says President and CEO D. Clark Turner, Ph.D.

SLCC/Ex-Im Bank Partnership Helps Utah Businesses Get into International Commerce

12-May-2008 05:38:22

Only a year into the city-state partnership between Salt Lake Community College and the U.S. Export-Import Bank and the relationship is already benefiting Utah companies in their expansion into international commerce. As the official credit agency of the United States, Ex-Im Bank has supported more than $400 billion in U.S. exports, primarily to developing markets worldwide. In the past five years the bank has supported only $129 million in exports from Utah; however, since the partnership’s inception Rob Guthrie, an Ex-Im Bank business development officer, says he has worked with several Utah companies and six more are in the pipeline.

Reservations for 2008 EDCUtah Match Grants Golf Tournament Sponsorships are Now Complete

13-May-2008 05:41:46

Economic development news often focuses on the large, flashy projects that create compelling headlines in local news media outlets. Behind the scenes, however, many Utah communities are quietly expanding their economic development bases through the Community Match Grants Program, which is funded annually via EDCUtah's Golf for Grants Tournament and the generous support of its sponsors. This year's Golf for Grants Tournament is slated for June 4 at the Wasatch Mountain State Park – Mountain Course, with a shotgun start at 7:30 a.m. It's an exciting opportunity to join EDCUtah's many partners in some friendly golf competition while raising money for the Community Match Grant Program.

Competing in the Global Marketplace

14-May-2008 05:43:07

Making the leap from domestic to international sales can be a complicated process, but it was a natural step in the business evolution of Mineral Resources International, Inc. (MRI), a family-owned nutritional supplement company headquartered in West Haven, Utah. CEO Bruce Anderson says thinking globally was fairly easy at MRI because his sales team was actively developing international contacts while attending domestic trade shows.

2008 Utah Taxes Now Conference

14-May-2008 03:41:03

UtahPulse presents audio recordings of the 2008 Utah Taxes Now Conference from the Utah Taxpayers Association

Jeff Thredgold's Tea Leaf - "Parallel Universe"

14-May-2008 04:05:12

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates Recent editorials in The Wall Street Journal (WSJ) have attacked the Federal Reserve and its Chair Ben Bernanke for its aggressive interest rates cuts of the past eight months. Numerous loud economists have expressed similar views.

The 2008 Elections – Good for Business?

15-May-2008 05:38:08

by Robin Riggs, Vice President and General Counsel of the Salt Lake Chamber Winston Churchill said, “You have enemies? Good. That means you've stood up for something, sometime in your life.” This admonition is a good benchmark for those hoping to be elected this year to represent the business community. It seems that far too many politicians only say what they believe their current audience wants to hear. Instead, we should be electing men and women who are willing to take an unflinching stand on the most critical issues of our day: health system reform, energy resources, immigration, transportation funding, and education.

New Center to Help Utah Small Businesses Win Federal R&D Grants

16-May-2008 05:37:01

A new resource to help small businesses across the state win a larger share of federal research and development funding will be available in June, thanks to the efforts of USTAR, the Governor’s Office of Economic Development (GOED), the Small Business Administration (SBA), and the Salt Lake Community College Miller Business Resource Center. Despite substantial funding available, very few Utah small businesses are successfully pursuing Small Business Innovation Research (SBIR) and Science Technology Transfer and Research (STTR) funding from the U.S. federal government. With participation from 13 separate federal agencies, the SBIR program is the largest source of early-stage technology financing in the U.S., with $2 billion allocated for fiscal year 2008. Nonetheless, in 2004, Utah received only 0.53% of the total dollars awarded nationally for the SBIR program. Another $200 million is available through the related STTR program.

Mountain West Capital Network Entrepreneur of the Year - Amy Rees

16-May-2008 02:05:40

Amy Rees Anderson has been selected by the MountainWest Capital Network as the Entrepreneur of the Year for 2008, becoming the first woman to be chosen for the honor.

Introducing Utah Globalists: Doug Clark and the Utah International Trade and Diplomacy Office

19-May-2008 05:05:27

Gov. Jon Huntsman Jr.'s inauguration in 2005 brought with it a new economic era for the state and an international focus on four key countries: Canada, Mexico, China and India. State leaders at Utah's International Trade and Diplomacy Office (ITDO) have taken Gov. Huntsman's economic plan to heart, completing trade missions to each of the four key countries in 2007. In fact, the four countries have been the only areas the office has visited in the past two years on trade missions, says Doug Clark, managing director of business growth in the ITDO.

Beehive State's Leadership in Advanced Composites Showcased at Utah Pavilion During SAMPE 2008

19-May-2008 08:40:46

This week EDCUtah, the Governor's Office of Economic Development (GOED) and 15 other Utah organizations will showcase the Beehive State's position as a leader in the advanced composites industry during the SAMPE 2008 symposium, May 18-22, in Long Beach, California. This year's symposium of the Society for the Advancement of Material and Process Engineering (SAMPE) is being sponsored by SAMPE's Utah and Japan chapters. As the premier advanced composites show, SAMPE attracts business, military and higher educational institutions from across the globe, all of which are interested in the latest composites technology, applications and materials.

Oracle Plans To Build New Global Information Technology Facility In West Jordan

19-May-2008 08:44:29

To meet the needs of its growing customer base, Oracle Corporation (NASDAQ: ORCL) today announced plans to build a new Global Information Technology facility in West Jordan, Utah. “Oracle is committed to providing our customers with the highest-level of service, and this new facility will allow us to support our growing On Demand business, as well as the technology infrastructure to support our research and development and customer service requirements,” said Oracle President Safra Catz. “We are delighted to be creating a significant new presence in Utah.”

Sunrise Seminar: How to Market Your Business Regardless of Your Budget Size

21-May-2008 05:48:10

Thursday, May 22, 8 - 9:30 a.m. at the Zions Business Resource Center Do you want to market your small business, but don’t have boatloads of cash to spend on advertising? Come to the Sunrise Seminar this Thursday at the Zions Business Resource Center and find out how to market you business on a shoestring budget.

Mayor Becker Scores BIG for Economic Development

22-May-2008 05:26:55

By Lane Beattie, President & CEO, Salt Lake Chamber Mayor Ralph Becker announced yesterday his selection of Bob Farrington as Salt Lake City’s new economic development director. Once again, Mayor Becker scores a big win for Salt Lake City by selecting this very capable and talented man as our capital city’s new economic development boss. I’ve worked closely with Bob for just over four years in his role as the Executive Director of the Downtown Alliance. He has led the Alliance since the start, a phenomenal 16 years of progress for Utah’s largest city. Bob guided downtown economic development through significant events and changes like the 2002 Olympic Winter Games, the introduction of TRAX light rail, the development of The Gateway mixed-use development, and the current resurgence of investment in the city core.

Jeff Thredgold's Tea Leaf - "Domestic ABC's"

22-May-2008 07:36:10

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates

Roberts’ Rules: Straightforward Business Strategy

23-May-2008 05:30:33

by Michael O'Malley, USTAR Marketing and Communications Curt Roberts knows a good business strategy when he sees one. “It can fit on the back of an envelope,” he says. “It has to be clear and compelling.” Roberts is the Northern Utah regional technical outreach director of the Utah Science, Technology and Research Initiative, or USTAR for short. He’s also the vice provost for Innovation and Economic Development at Weber State University. In these complementary roles, he works with dozens of emerging businesses, entrepreneurs, early-stage investors, and other growth stakeholders.

U of U International Center Reaches Out to International Graduates

27-May-2008 05:30:30

Each year, more than 500 international students graduate from the University of Utah and take their years of education out into the workforce, and in many cases, back to their home countries. With students hailing from more than 130 countries, the U.’s international student population takes their U. of U. experience and connections back to cities and towns around the world.

Highlights from the 7th Annual International Trade and Business Conference

28-May-2008 05:34:53

A packed house of government, civic, business and entrepreneurial leaders gathered Tuesday, May 20, at the Marriott Downtown in Salt Lake City to hear from global trade experts during the 7th Annual International Trade and Business Conference, hosted by Zions Bank and co-sponsored by World Trade Center Utah. “I'm confident there isn't another conference similar to this in our marketplace,” said Scott Anderson, Zions Bank president and CEO, who welcomed the crowd.

Zions Bank 7th Annual International Trade and Business Conference

28-May-2008 11:25:17

Listen to audio sessions recorded at the Zions Bank 7th Annual International Trade and Business Conference.

Leadership Qualities that Distinguish Women

29-May-2008 05:28:27

By Lavanya Mahate, Program Director, Women’s Business Center Leadership is not defined simply by a position, but rather by the ability to set and articulate a vision and then to energize people to achieve that vision. Both women and men make great leaders and it is difficult to isolate leadership characteristics. Still, I decided to ask the question of several outstanding female leaders. I learned that many prominent female leaders in Utah bring distinct personality and motivational strengths to leadership roles – and they do so with a style that is rewarded in today's workplace. These women leaders share a strong profile. They are assertive, convincing, empathetic, willing to take risks, outgoing, flexible and feel compelled to get things done.

So You Want to do Business in China

29-May-2008 01:03:14

(Utah Pulse)How much do you really know about China? Michael Chen, an attorney with Kirton & McConkie, provided answers to that question for Utah businessmen at the law firm’s latest Global Law and Business Forum. “Virtually everything you know about China is true,” said Chen. “However, so is the opposite.” Chen says the interplay between China’s federal government, and the individual governments within each province and city is a crucial understanding that anyone wishing to do business in China needs to have.

Japanese Tech Commercialization Experts Benchmark with Utah Proponents

30-May-2008 05:35:43

A delegation of Japanese experts in technology commercialization recently visited Utah as guests of the Department of State’s International Visitor Leadership Program (IVLP) and came away impressed with what they found.

Introducing Jeff Hamilton, Andrew Edlefsen and the Utah Export Assistance Center

02-Jun-2008 05:29:24

A two-man office in Sandy City holds the keys to doing business in more than 82 countries. The only problem is many Utah businesses have never even heard of the local branch of the U.S. Export Assistance Center. “A lot of Utah companies don’t even know that we exist. A lot of work is just exposure -- letting companies know we’re here and what we do and offering them the resources we have at our fingertips,” says Andrew Edlefsen, international trade specialist at Utah’s Export Assistance Center.

Jeff Thredgold's Tea Leaf - "Global ABC's"

02-Jun-2008 02:02:53

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates America—while many talk of this nation’s economic demise, the U.S. share of global economic output has recently been around 29%…and has averaged 25% for the past 125 years Brazil—the global community’s ninth largest economy continues to carve a considerable niche as a global power in agriculture…and given enormous recent oil finds, soon to be in energy

Utah Delegation Promotes Retail Economic Development at ICSC Convention

03-Jun-2008 05:30:16

What do 2,500 public officials, 21 Utah cities, 47,000 attendees and EDCUtah have in common? The International Council of Shopping Centers (ICSC) convention, held last week in Las Vegas. One of the 10 largest conventions in the U.S., ICSC is a huge event with significant implications for retail economic development across the globe. Consequently, EDCUtah, the Governor's Office of Economic Development (GOED) and delegations from 21 Utah cities and towns converged at the convention to pitch the home turf to retailers and shopping mall developers.

Utah Executives' Optimism About the Economy at Lowest Level Yet

04-Jun-2008 05:30:29

Local business executives’ optimism about the economy has plummeted to an all-time low, according to the Zions Bank Utah Quarterly Economic Survey released Thursday.

Bienvenue! Salt Lake City welcomes Delta non-stop from Paris

05-Jun-2008 05:34:05

By Lane Beattie, President and CEO, Salt Lake Chamber On June 2, 2008 history was made in Utah as Delta Air Lines Flight 171 delivered over 200 travelers from Paris to Salt Lake City. This flight was the first trans-Atlantic service ever offered by an airline from Salt Lake City and the only non-stop service operated by a U.S. carrier between the western U.S. and Paris.

Recession Proof Your Business

04-Jun-2008 10:23:51

(Utah Pulse) With the consensus thought that the U.S. economy is heading for hard times, businesses need to find a way to weather the lean season.

Jeff Thredgold's Tea Leaf - "Summertime Outlook"

05-Jun-2008 07:50:56

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates The American Economy …in the Twilight Zone

Opportunity Knocks Twice: Chapter Two

10-Jun-2008 07:08:43

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish excerpts weekly. You'll enjoy the wit and wisdom of one of Utah's great entrepreneurs, founder of Hires Big H. To buy the book, click here.

Blogging for Business

05-Jun-2008 01:39:50

(Utah Pulse) In today’s online world, the past 100 years of marketing know how have been turned completely on their head.

Opportunity Knocks Twice-Living More Successfully

05-Jun-2008 06:09:56

Editor’s Note: Utah Pulse is serializing the book, Opportunity Knocks Twice, by Don Hale, as told to Mark Hale. We’ll publish two chapters a week. You’ll enjoy the wit and wisdom of one of Utah’s great entrepreneurs, founder of Hires Big H. To buy the book, click here.

“What Next?” – Resources for Inventors

06-Jun-2008 05:23:37

New and experienced inventors sometimes struggle with “What next?” – the complex process of transforming a creative idea into actuality. Lucky for them, UtahInventors.org has recently expanded the content in its video library and resources links. There is a rich array of reference information available for free online.

Smith’s Food and Drug Donates Nearly $7 Million to Charity

06-Jun-2008 07:45:20

(Utah Pulse) Smith’s Food and Drug stores announced this week that they have donated $6.6 million to charitable organizations in 2007.

Rising Gas Prices Pinching Utah Budgets

06-Jun-2008 08:02:37

(Utah Pulse) A new study from Wells Fargo Bank says Utahns are spending $170 more a month on gasoline.

Mity-Lite Opens New Office in Germany

09-Jun-2008 05:21:48

Joining a distinguished group of United States companies with offices in Southwestern Germany, Utah’s own Mity-Lite, Inc. today announced the opening of its new sales office and distribution facility in Saarbrücken. Mity-Lite, a leading Western U.S. producer of durable and lightweight tables and chairs, made the announcement during a press conference conducted by gwSaar, the Saarland Economic Promotion Corporation, and attended by Utah delegates and German officials.

Utah’s Economy…Transition is the Name of the Game

09-Jun-2008 12:22:58

(Utah Pulse) Utah is not immune to the economic slowdown gripping the rest of the nation. “Imagine going from 70 MPH to about 20.

Hispanic Chamber of Commerce Serving a Growing Need

09-Jun-2008 07:04:22

The rapid growth of Utah’s Hispanic population has created a strong economic force in the state, while also changing the stereotyped image of low-level immigrant jobs.

BIO 2008: Utah is a Great State for Life Sciences

10-Jun-2008 05:29:24

This month the world's leading executives, scientists and decision-makers within the biotechnology industry will gather in San Diego for the 2008 BIO International Convention. EDCUtah will be there as well, along with representatives from the Governor's Office of Economic Development (GOED), the Utah Science, Technology, and Research initiative (USTAR), Utah's research universities and 22 biotechnology businesses or organizations.

How Do You Keep Up With all of the Current Business News and Events?

11-Jun-2008 05:27:57

Information is power, but in this age of information, it’s easy to become overwhelmed by the deluge. As a business leader, you must stay abreast of local and Utah-related national business news. You need to know what’s happening in the community, what’s being said about your business, your competitors, your suppliers and even your customers. You need business intelligence at your fingertips.

Public Policy Issues Important to Business

12-Jun-2008 05:47:00

I had the privilege this week of a front row seat as prominent business leaders left their day jobs and attended a half-day retreat to set the priorities for Utah’s largest association the Salt Lake Chamber. The issues were flying fast and furious – energy, health reform, immigration, globalization, workforce development, environmental sustainability, to name just a handful of the topics discussed.

Utah Entrepreneur Sold on Social Networking

12-Jun-2008 05:53:22

Paul Allen wants you to join Facebook. The entrepreneur and founder of Infobases, Inc., MyFamily.com, FundingUniverse.com, World Vital Records and other Internet ventures thinks every Utah CEO (and business executive, for that matter) should join a social networking site.

Jeff Thredgold's Tea Leaf - "Job Shock"

12-Jun-2008 08:45:49

Written by Jeff Thredgold, CSP, President, Thredgold Economic Associates The U.S. Department of Labor’s Bureau of Labor Statistics reported a net decline of 49,000 jobs in May 2008, the fifth monthly decline in a row. The loss was slightly less than the consensus view of a decline of 60,000 jobs. Losses of the two prior months, however, were revised to even greater losses by a combined 15,000 jobs.

Entrepreneur Spotlight - Todaysmama.com

12-Jun-2008 01:16:43

(Launch Magazine) With technological advancements have come increased opportunities for home businesses. At the forefront of this new wave are entrepreneurial stay-at-home mothers.

Building a World-class Management Team

12-Jun-2008 01:27:48

(Launch Magazine) A couple of months ago, I reluctantly agreed with my wife to endeavor on a relatively small home improvement project, which failed miserably.

Can Utah Fuel Your Startup?

12-Jun-2008 01:40:10

(Launch Magazine) When you talk to Utah's entrepreneurs with respect to the current local environment for startups, you get a mixed bag of responses. Most agree that now is the best time ever to start a business in Utah and that the resources for local entrepreneurs have never been better. Yet, it's clear that Utah still needs to mature with respect to funding sources, our image and our talent pool. However, we're getting better in all of these areas day by day.

Diary Of An Entrepreneur: Will Allred

12-Jun-2008 02:22:08

"The will to win means nothing without the will to prepare." - Juma Ikangas, winner of the 1989 NYC Marathon

Quick Connections Online at InnovationUtah.com

13-Jun-2008 05:41:40

USTAR has added a new online tool to the www.innovationutah.com site to help industry and entrepreneurs connect to top researchers. Find an Idea is a searchable database of the latest disclosed innovations in Utah, primarily at the University of Utah and Utah State University.

Myths of Entrepreneurship

13-Jun-2008 05:52:04

Editor's note: Before you read this article, take the entrepreneur quiz. (Launch Magazine) I'm reluctant to admit that I didn't score very well on the above entrepreneur quiz — 45 percent to be exact. Guy Kawasaki, a leading thinker on all things entrepreneurial, scored 40 percent. I'd venture a guess that you scored in the same ballpark.

Launch Magazine: The Entrepreneur to Entrepreneur Peer Interview Series

13-Jun-2008 08:49:09

(Launch Magazine) The following is a condensed transcript of a peer-to-peer conversation between two of Utah's entrepreneurs. Click here for instructions to download an audio podcast and listen to the entire interview including expanded discussions on the above topics and other topics not discussed in the condensed transcript below.

Launch Magazine: Sales Column

13-Jun-2008 08:54:10

For many online businesses, search engine marketing is a great way to reach new customers. Search engine marketing can mean the difference between life and death for your company.

Launch Magazine: Want Funding? Start Executing.

13-Jun-2008 08:58:15

(Launch Magazine) Let First-time entrepreneurs have it tough.They are fighting the most basic principle of venture capital: Investors invest in the jockey, not the horse.

Launch Magazine - Captivating a Mentor

13-Jun-2008 09:02:10

(Launch Magazine) Let me set the scene. I had just finished a presentation to another audience of potential entrepreneurs.

June 18 How to Develop and use a Business Plan

14-Jun-2008 01:00:14

[Editor’s Note: Utah Pulse is serializing the Business Builder Booklets

Black Diamond Receives the Zions Bank's 'Global Pacesetter Award'

16-Jun-2008 05:39:22

Peter Metcalf tackles business as he would a mountain – with a sense of adventure and a sobering dose of self-responsibility. That combination has helped Metcalf lead Black Diamond Equipment, Ltd. to the top of the international business arena with 400 employees on three continents – Europe, Asia and North America.

Opportunities vs. Ideas

16-Jun-2008 05:58:44

(Launch Magazine)Discovering the difference between a good business idea and a solid business opportunity can make all the difference between cr

Eight Foreign Delegations to Visit Utah During June, July

16-Jun-2008 06:07:25

The Utah Council for Citizen Diplomacy (UCCD), a private sector partner with the U.S. Department of State's International Visitor Leadership Program, will be hosting visits by the following foreign delegations in June and July:

GOED to Lead Japan-Malaysia Trade Mission in September

16-Jun-2008 06:10:11

Take advantage of this unique opportunity to expand your sales into Asia.

e-zy.net Opens New Manufacturing and Distribution Center in Utah

16-Jun-2008 10:09:01

DRAPER, Utah--(BUSINESS WIRE)--e-zy.net announces the opening of its newest Manufacturing and Distribution Center near Salt

Deadline Approaching for Organizations to Apply for 2008 Utah Benefits $100,000 Charity Award

16-Jun-2008 03:08:22

SALT LAKE CITY--(Business Wire)--A little more than four weeks remain for Utah charities to apply for a one-time, $100,000 grant in the inaugu

Bullion Monarch Mining, Inc. Acquires 80% of EnShale, Inc.

16-Jun-2008 05:17:00

OREM, Utah--(BUSINESS WIRE)--Bullion Monarch Mining, Inc.

Utah Governor Jon Huntsman Welcomes New Goldman Sachs Expansion

17-Jun-2008 05:42:23

Last week Utah Governor Jon Huntsman met with senior leadership of Goldman Sachs in New York City, where they jointly announced a major expansion of the Goldman Sachs operations in Utah. A leading global investment banking, securities and investment management firm, Goldman Sachs’ current Utah operations employs 350 within its offices in the University of Utah Research Park, where it provides 24/7 support to its clients worldwide.

Wasatch Advisors® Plans to Close Two Micro Cap Funds

17-Jun-2008 05:52:24

SALT LAKE CITY--(BUSINESS WIRE)--Wasatch Advisors today announced that it will close the Wasatch Micro Cap Value Fund and the Wasatch Internat

Entrepreneur Spotlight - Steve Petersen

17-Jun-2008 08:56:47

(Launch Magazine)--From humble beginnings, Steve Petersen has risen to great heights. As a teenager, he learned to weld and realized that he had a passion for it. That passion has carried him from his family's garage to the head of Petersen Incorporated, one of the top custom metals fabrication companies in the country.

Entrepreneur to Entrepreneur Interview

17-Jun-2008 09:06:08

(Launch Magazine)--The following is a condensed transcript of a peer-to-peer conversation between two of Utah's entrepreneurs. Visit www.luminpublishing.com/GUV_podcasts/index.html for instructions to download an audio podcast and listen to the entire interview including expanded discussions on the above topics and other topics not discussed in the condensed transcript below.

The Pros and Cons of Incubators

17-Jun-2008 09:12:55

(Launch Magazine)--Without a doubt, new businesses face numerous challenges, and chiefly among them is capital. If you are a seasoned entrepreneur, this is hardly earth-shattering news. But if you are a budding entrepreneur with an idea that will revolutionize the planet and don't know where to begin, you may want to look into the idea of incubators.

What's the Best Age to Start a Business?

17-Jun-2008 09:17:21

(Launch Magazine)-- At what age or stage of your life are you ideally suited to be an entrepreneur? Is it when you're a teenager living under your parents' roof with nothing to lose, or is it when you're 23, newly married, and full of hope? Maybe it's when you're 27 — a bit more mature and experienced with some connections and a little money in your pocket. Or perhaps the best time to start a business is when you're 45 with 20 years of business experience, $200,000 in the bank and a wealth of contacts you can leverage.

Guerrillas In the Midst

17-Jun-2008 09:27:12

(Launch Magazine)--About 20 years ago, I happened upon a piece of research in a trade journal that claimed each of us is exposed to about 350 advertising messages a day. That seemed somewhat shocking, even to an advertising enthusiast like myself. About a year ago, I encountered another magazine article suggesting we are now exposed to over 1,500 ad messages a day. This time I wasn't particularly surprised, considering how technology has overpowered our lives.

Utah’s Unemployment Edges Up Slightly in May

17-Jun-2008 10:45:23

(Utah Pulse)—The monthly unemployment report from the Utah Department of Workforce Services shows the state saw 3.2% unemployment in May, up 0.1% from April.

What I Learned Raising Capital

17-Jun-2008 01:21:59

(Launch Magazine)--I was fortunate enough to have a good reputation with a few friends. I had an idea, wrote a business plan, showed it to them and they gave me $250,000. I built my first software and sold it to the market. I wanted to grow the business and hire more help so I branched out beyond my friends. The world changed.

Funding: Perfecting Your Pitch

17-Jun-2008 01:28:59

(Launch Magazine)--The scenario is all too familiar: A conference room filled with prospective investors. A two or three-day agenda of hopeful executives, each preparing to make that all-important 10 minute pitch. While there's plenty of money to be invested in technology ventures, the companies who succeed in getting investment continue to be a small percentage of the ventures who are seeking new funds.

Mentoring: Who Owns It?

17-Jun-2008 01:35:43

(Launch Magazine)-- More than 10 years ago, I was first asked by Brad Bertoch to help shape the presentation and strategic thinking of a young technology company seeking venture capital as a volunteer mentor for the Wayne Brown Institute. Since then I have served as a volunteer for the Miller Business Innovation Center, the University Venture Fund and several other organizations and schools. My observation is that these assigned mentoring relationships often dissolve after the required service. Why don't these valuable relationships persist?

Entrepreneur Spotlight - Rick Alden, Founder & CEO, Skullcandy

17-Jun-2008 01:55:08

(Launch Magazine)-- It's amazing what a little bit of people watching can do for the entrepreneurial minded. Serial entrepreneur Rick Alden launched his most recent company, Skullcandy (www.skullcandy.com), in January 2003, but the idea behind it was born years earlier.

Entrepreneur to Entrepreneur Interview

17-Jun-2008 02:02:49

(Launch Magazine)--The following is a condensed transcript of a peer-to-peer conversation between two of Utah's entrepreneurs. Visit www.luminpublishing.com/GUV_podcasts/index.html to listen to or download an audio file of the interview as a podcast to your computer.

Seed Capital

17-Jun-2008 02:07:50

(Launch Magazine)-- Let's be honest. If you ask five smart financial types what "seed capital" is, you'll get five smart answers. They'll agree it's not traditional venture capital or a commercial bank loan. They'll agree it's money you get earlier rather than later in your business' lifecycle. They'll also agree that the Utah financial landscape doesn't have enough of it.

Opportunity Knocks Twice; Chapter 2

17-Jun-2008 04:21:01

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 3 Part 1

17-Jun-2008 04:26:17

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week. You'll enjoy the wit and wisdom of one of Utah's great entrepreneurs, founder of Hires Big H. To buy the book, click here.

Opportunity Knocks Twice; Chapter 3 Part 2

17-Jun-2008 04:29:14

Opportunity Knocks Twice; Chapter 4

17-Jun-2008 04:32:31

Opportunity Knocks Twice; Chapter 5

17-Jun-2008 04:34:50

Opportunity Knocks Twice; Chapter 6

17-Jun-2008 04:36:56

Opportunity Knocks Twice; Chapter 7

17-Jun-2008 04:38:27

Opportunity Knocks Twice; Chapter 8

17-Jun-2008 04:40:27

Opportunity Knocks Twice; Chapter 9

17-Jun-2008 04:42:16

Opportunity Knocks Twice; Chapter 10

17-Jun-2008 04:43:56

Opportunity Knocks Twice; Chapter 11

17-Jun-2008 04:46:27

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 12

17-Jun-2008 04:48:13

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 13

17-Jun-2008 04:50:05

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 14

17-Jun-2008 04:51:47

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 15

17-Jun-2008 04:54:16

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 16

17-Jun-2008 04:56:20

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 17

17-Jun-2008 04:59:01

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 18

17-Jun-2008 05:00:54

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 19

17-Jun-2008 05:03:32

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 19 cont.

17-Jun-2008 05:05:20

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 20

17-Jun-2008 05:06:40

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 21

17-Jun-2008 05:08:07

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 22

17-Jun-2008 05:09:38

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 23

17-Jun-2008 05:11:34

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

Opportunity Knocks Twice; Chapter 24

17-Jun-2008 05:13:12

Editor's Note: Utah Pulse is serializing the book, 'Opportunity Knocks Twice,' by Don Hale, as told to Mark Hale. We'll publish two chapters a week.

June Sunrise Seminar Offers a Primer on Exporting

18-Jun-2008 05:55:20

If your business is thriving in the domestic marketplace, perhaps it’s time to take your products or services across the border. Because of the weaker dollar, this is a great time for businesses that have done well domestically to expand into foreign markets.

South of the Border to the Shores of the Great Salt Lake

18-Jun-2008 06:06:16

(Utah Pulse)--On Saturday mornings you’ll find Jorge Fierro in the same spot he’s been for the last ten years – selling beans at Salt Lake’s summer Farmer’s market.

Reflect Scientific to Exhibit Ultra Low Temperature Liquid Nitrogen Freezers at 2008 BIO International Convention

18-Jun-2008 06:11:33

OREM, Utah--(BUSINESS WIRE)--Reflect Scientific, Inc.

Workman Nydegger Ranked Among Top Patent Firms in the United States

18-Jun-2008 06:14:47

Workman Nydegger, an intellectual property law firm based in Salt Lake City, was recognized as one of the top patent firms in the country by Intellectual Property Today, a trade journal focused on leg

Evans & Sutherland Introduces Laser Projector with NanoPixel Technology

18-Jun-2008 01:06:38

SALT LAKE CITY--(BUSINESS WIRE)--Evans & Sutherland Computer Corporation (E&S) (NASDAQ: ESCC) announced today its Advanced Displays group will debut its revolutionary new laser projection system at the InfoComm08 tradeshow June 18-20 in Las Vegas, Nevada. The E&S Laser Projector (ESLP™), featuring NanoPixel™ technology, is the world’s highest resolution laser projector, and will offer digital cinemas, planetariums, control rooms and indoor venues worldwide an incomparable view of the universe, whether watching a documentary on the secrets of the sun or viewing strategic plans on a map.

ConsultNet's 2008 Technology Staffing Outlook Provides Solutions to Current Technology Employment Crisis

18-Jun-2008 01:09:57

SALT LAKE CITY--(BUSINESS WIRE)--The United States is facing a technology employment crisis that is adversely affecting growth and development in both the public and private sectors. This startling fact is what prompted ConsultNet, one of the most reputable technology and engineering staffing providers, to produce the ConsultNet 2008 Technology Staffing Outlook. This detailed report describes the current issues and trends impacting the technology staffing environment and includes proposed solutions to alleviate these employment concerns.

Parr Waddoups Recognized as Number One in the areas of Real Estate and Corporate Mergers & Acquisitions

18-Jun-2008 01:28:04

Salt Lake City (June 16, 2008) – After extensive interviews with key in-house counsel and leading private practice attorneys, the law firm of Parr Waddoups Brown Gee & Loveless is pleased to announce that Chambers USA 2008 (Guide to America’s Leading Business Lawyers) has ranked the firm as number one in Real Estate and Corporate/M&A law for the state of Utah.

Calling on Angels

18-Jun-2008 01:42:04

(Launch Magazine)-- Martin Frey, a customer relations consultant and member of Olympus Angels and Utah Angels, sums it up in a nutshell: "We haven't run out of money to invest." With more angels in Utah than ever before, there is more capital available to young companies than ever before. And angel investors want to put it to work. But for entrepreneurs to tap into this funding, they need to know what angels are looking for, how best to work with them, and where to find them.

Kicking Butt at Sales

18-Jun-2008 01:50:34

(Launch Magazine)-- As a college student, I remember the day my venture finance class was visited by a local venture capitalist. "What's the most important activity your business can be engaged in?" he asked. The class looked stumped. Was it accounting? Was it software development? Was it operations? I raised my hand and sheepishly replied, "Sales?" My classmates gave me a strange look. The VC stood from his chair, looked over the class and replied, "He is absolutely right."

Overcoming the Obstacle of Product Promotion on a Startup Budget

18-Jun-2008 01:55:15

(Launch Magazine)-- Exhibiting your product at CES = $18,000 Promoting your product at CES = $150 Amid the countless challenges of growing our startup, we found ourselves writing off the opportunity to promote our product at the 2007 Computer Electronics Show (CES) because of the outrageous expense of exhibiting there. However, with a little creativity and community support, it's amazing to see what your entrepreneurial mind can do.

What Investors Want to Know

18-Jun-2008 02:05:29

(Launch Magazine)--When interacting with potential investors, it is important to understand their perspective. In my experience, most early stage investors have three primary questions in mind when evaluating a new investment opportunity.

Jeff Thredgold's Tea Leaf - "Shift"

18-Jun-2008 02:55:17

Place an asterisk on June 9, 2008 as a key date on your financial calendar. That is roughly the date wherein the Federal Reserve undertook a major shift in monetary policy. The Fed’s primary focus has now shifted from A) providing liquidity and monetary ease in whatever amount necessary to deal with one major domestic and global financial and economic crisis after another, to B) making it clear that its primary focus is now inflation containment.

Take Bold Action Now to Reform Utah’s Health System

19-Jun-2008 05:58:41

[Editor’s note: This article includes the prepared remarks of Salt Lake Chamber President Lane Beattie and Board of Governors Chairperson Chris Redgrave to the Utah’s Legislature’s health system reform task force. The prepared remarks are included in their entirety here. The actual testimony may differ.]

MountainWest Capital Network’s Utah 100 Business Awards Program

20-Jun-2008 06:15:20

Since 1995, the MountainWest Capital Network (MWCN) has honored the state’s highest-performing companies through its Utah 100 awards program. The long-running program is an opportunity for the business community to recognize Utah’s top one hundred companies for their significant contributions to the state and its expanding economy. The awards honor Utah companies in three categories: Fastest Growing, Top Revenue growth and Emerging Elite.

Huntsman Rejects Apollo Attempt to Back Out of Merger Agreement

19-Jun-2008 06:03:10

THE WOODLANDS, Texas, (PRNewswire-FirstCall)-- Huntsman Corporation (NYSE:HUN) today commented on yesterday's lawsuit by Hexion Specialty Chemicals and Apollo in which they claim they would not be required to consummate the Merger Agreement.

USANA Health Sciences Announces Preliminary Second Quarter 2008 Results

19-Jun-2008 06:08:41

SALT LAKE CITY--(BUSINESS WIRE)--USANA Health Sciences, Inc. (NASDAQ: USNA) today provided preliminary financial results for its second quarter ending June 28, 2008. Based on results of operations to date, the company currently expects earnings per share for the second quarter to be between $0.60 and $0.63 and net sales to be between $107 million and $109 million. These expected results are above the company’s previously announced guidance estimates of earnings per share of between $0.48 and $0.51 and sales between $103 million and $106 million.

Bullion Monarch Mining Has Begun Construction on a Demonstration Plant for the Extraction of Oil from Oil Shale

19-Jun-2008 04:05:24

OREM, Utah--(BUSINESS WIRE)--Bullion Monarch Mining, Inc. (OTCBB: BULM) (www.bullionmm.com), a natural resource company with mining interests in gold, silver and oilshale, through its subsidiary EnShale, Inc. (www.enshale.com) is pleased to announce it has begun construction on a pre-production demonstration plant to extract oil from oil shale. The plant is anticipated to demonstrate a scale feasibility of producing oil from oil shale at a target cost of below $30 USD per barrel.

Making Sense of Venture Term Sheets

19-Jun-2008 04:26:07

(Launch Magazine)-- If you are soliciting or hoping to receive a term sheet from a venture capitalist or angel investor, or expect to discuss wi

Utah Companies Honored for Helping Employees Balance Work and Life

20-Jun-2008 06:09:55

Some companies only care that their employees put in an honest 9 to 5 workday. Other companies see the face behind the timecard and strive to create an environment that caters to both the work and life needs of their employees.

From Traffic Reporter to Media Maven

23-Jun-2008 05:44:40

Ask Shelly Storey to describe her commute this morning and her response might surprise you: “Construction on I-80 continues to hamper motorists on their way to work this morning, while the commute northward is at normal freeway speeds except at the spaghetti bowl where drivers from the east still are wary as they dodge those bright orange cones west of State Street. Meanwhile Davis County drivers have yet to find the Frontrunner offering them much relief due to construction around Lagoon. Now for a word from our sponsor.”

Utah a Star at Annual Life Science Trade Show

23-Jun-2008 05:49:26

The Governor’s Office of Economic Development (GOED) and The Economic Development Corporation of Utah (EDCUTAH), along with 25 Utah life science organizations are in San Diego this week, exhibiting at BIO 2008, the leading industry show for the life science industry. BIO 2008 is a four day convention attended by over 20,000 people from 70 countries.

USANA Health Sciences Announces Recommendation by Special Committee of Board of Directors That Shareholders Reject Tender Offer

23-Jun-2008 05:53:22

SALT LAKE CITY--(BUSINESS WIRE)--USANA Health Sciences, Inc. (NASDAQ: USNA) today announced that the Special Committee of its Board of Directors has unanimously determined that the tender offer announced on June 2, 2008 by Unity Acquisition Corp. and certain shareholders of USANA, including Myron W. Wentz, Ph.D., USANA’s Chairman and Chief Executive Officer, and David A. Wentz, USANA’s President, is inadequate and not in the best interests of USANA’s shareholders.

Utah Aims to Lure New E-Bay Technology Center

23-Jun-2008 06:04:10

The Governor’s Office of Economic Development (GOED) is dangling nearly $30 million, in hopes of persuading E-Bay to build a new technology center in Salt Lake County . The company is planning to build the center at a cost of more than $330 million sometime in the near future.

Interest in Utah Corporate Expansion Remains High

23-Jun-2008 06:06:57

Salt Lake City - Governor’s Office of Economic Development (GOED) Business Development Board approved Economic Development Tax Increment Financing (EDTIF) incentives for several industry leading companies. Among them Cementation USA Inc., a leading mine contracting and engineering company, was offered an EDTIF incentive of $3.317 million.

Gull Holdings Reaffirms Offer to Purchase Publicly-Held Shares of USANA Health Sciences, Inc. at $26.00 per Share

23-Jun-2008 08:17:37

SALT LAKE CITY--(BUSINESS WIRE)--Gull Holdings, Ltd. and Unity Acquisition Corp. today reaffirmed their offer to purchase the outstanding shares of USANA Health Sciences, Inc.

UTC Clinic Provides Expert Advice on Social Networking and New Media in Public Relations

23-Jun-2008 03:13:19

SALT LAKE CITY--(BUSINESS WIRE)--On July 2, 2008, the Utah Technology Council (UTC) will present a P2P clinic addressing issues of new media in public relations. Brian Watkins, PR Manager of Social Media at Omniture, together with Snapp Conner PR, will lead the discussion and present ideas to integrate new and social media into a successful public relations plan.

Newly Formed Dixie Angels Expand Entrepreneurial Infrastructure in Southern Utah

23-Jun-2008 03:43:30

ST. GEORGE – June 23, 2008 – Thanks to the efforts of SEED Dixie and USTAR, entrepreneurs can tap a new funding source in Southern Utah. A new investment group - the Dixie Angels - closed on their first investment deal and anticipate closing on a second sometime in mid-July.

World Trade Association Gives Business People the Tools to Compete Abroad

24-Jun-2008 05:49:06

Information and access go hand in hand for Cynthia Halliday, vice president of the World Trade Association of Utah. From step-by-step guides on international banking to classes in foreign customs, the World Trade Association of Utah (WTA) aims to get that information out to business owners and entrepreneurs throughout the state.

Foreign Trade Zone to be Located in SLC

24-Jun-2008 06:18:19

By autumn, Salt Lake City will likely be home to a new Foreign Trade Zone (FTZ), located on 57 acres at 1105 S. 4800 West, near the Union Pacific intermodal facility. The location is also conveniently close to the Salt Lake City International Airport and is just off I-80.

U.S. Economic Weakness Negatively Affecting Utah

24-Jun-2008 01:36:15

A new report from Zions Bank says the Utah economy is still creating jobs despite a slowdown across the nation. The Summer 2008 issue of Zions Bank Insight says Utah added roughly 25,000 jobs over the last year, a pace that is second only to Wyoming. Despite the positive growth, the numbers are down significantly from 2005 to 2007 when Utah added close to 49,000 annually, which is nearly double the current rate.

Utah Companies Show Well at AUVSI Convention in San Diego

25-Jun-2008 05:51:27

As you know, Utah is well known for its spectacular vistas, magnificent skiing and many other recreational opportunities, but don’t forget its airspace. That’s right. The restricted air and ground space of Utah’s west desert has become the preferred location to test and evaluate unmanned vehicles for military and commercial applications.

Going It Alone: Pros and Cons of Sole Proprietorships

25-Jun-2008 05:57:17

Whether you are an entrepreneur with a new business idea or have been around the block a few times, at some point in the business development process you must decide what form of business entity to establish.

Control4 Unveils 7-Inch Wall Mount Touch Screen

25-Jun-2008 12:32:05

SALT LAKE CITY--(BUSINESS WIRE)--Control4 Corporation, a leader in affordable IP-based home control and entertainment systems, today announced the release of the Control4® 7-inch POE Wall Mount Touch Screen. The new touch screen expands the product family, consisting of the Control4® 10.5-inch Wall Mount Touch Screen and the Control4® Mini Touch Screen. Combining new ergonomic styling with an easy-to-use interface, the Control4 7-inch POE Wall Mount Touch Screen offers convenient control of whole-home automation, including a home theater, multi-room music, advanced temperature control, security integration and smart lighting.

Raser Receives First 50 Power Generation Units

25-Jun-2008 12:37:13

PROVO, Utah--(BUSINESS WIRE)--Raser Technologies, Inc. (NYSE Arca: RZ) today announced that it has taken delivery of the full 50 UTC Power geothermal power generating units ordered for the first geothermal power plant to be built in the state of Utah in over 20 years and provided an update on the Company’s progress and strategic initiatives for its geothermal power projects.

Cancer Treatment System by BSD Medical Installed in Prestigious Liaocheng Peoples Hospital in China

25-Jun-2008 12:43:18

SALT LAKE CITY--(BUSINESS WIRE)--BSD Medical Corp. (NASDAQ:BSDM) today announced that another BSD-2000 hyperthermia system has been purchased, installed and is now in use in China, at the Liaocheng Peoples Hospital located in Liaocheng City, in the Western Shandong Province of the People’s Republic of China.

Utah Uranium Corp. Proposes Name Change Reflecting New Opportunities

25-Jun-2008 12:54:39

MOAB, UT--(Marketwire - June 25, 2008) - Utah Uranium Corp. (OTCBB: UTUC) announced the commencement of legal filings to change the name of the corporation to Universal Potash Corp. to more closely reflect the direction of the Company moving forward.

Jeff Thredgold's Tea Leaf - "The Movie Piece"

26-Jun-2008 05:31:30

One of the painful realities of life as an economist and professional speaker is that the subject matter of economics is typically viewed (with good reason!) by the general public as confusing, intimidating, and boring. As a result, trying to present weekly economic and financial information with an unusual twist can occasionally be a most welcome change.

100th Board Chair ready to be “Bull on Business”

26-Jun-2008 05:33:55

There is no official list of the busiest people in Utah. But if there were such a list, Chris Redgrave would almost certainly be at the top, and she’s about to get busier. Redgrave will become the 100th Chair of the Salt Lake Chamber Board of Governors, assuming the position currently held by Scott Hymas, President and CEO of RC Willey Home Furnishings.

Workman Nydegger Ranked #1 by Chambers USA

26-Jun-2008 12:36:57

SALT LAKE CITY – June 26, 2008 – Workman Nydegger, an intellectual property law firm based in Salt Lake City, has received a 1 ranking – the highest possible – in the IP category for Utah by the 2008 Chambers USA Guide, a directory of the most effective law firms and attorneys in the nation.

Canopy Ventures Appoints Joe Levy as Technologist-in-Residence

26-Jun-2008 03:10:56

LINDON, Utah--(BUSINESS WIRE)--Canopy Ventures today named Joe Levy as the firm’s Technologist-in-Residence. Levy, a recognized expert and author on network security issues, joins Canopy from SonicWALL, Inc., the leading network security infrastructure company where he most recently served as Chief Technology Officer.

Ogden City Selects Chevron Energy Solutions to Help Achieve Energy Saving Goals

26-Jun-2008 03:15:56

OGDEN CITY, Utah, June 26 /PRNewswire/ -- Chevron Energy Solutions, a unit of Chevron Corporation, today announced it has finalized an agreement with Ogden City officials to perform a comprehensive energy audit of 22 city buildings comprising over 600,000 square feet.

Davinci Virtual Surpasses All Projected Milestones on Second Anniversary of the Virtual Office Services Company

26-Jun-2008 03:24:32

SALT LAKE CITY, UT--(Marketwire - June 26, 2008) - Davinci Virtual, a leading provider of virtual office solutions, proudly announced today that the company has exceeded all of its projected milestones while celebrating the second anniversary of the virtual office space company. After proving its unique virtual office business model, the Salt Lake City-based firm has been gaining significant market share over the past 24 months.

Nexia Executes Contract to Sell Property for $1.01M

26-Jun-2008 03:28:44

SALT LAKE CITY, UT--(Marketwire - June 26, 2008) - Nexia Holdings, Inc. (OTCBB: NXHL) announced today that it has entered into final arrangements for the sale of the real property owned by Downtown Development Corporation (DDC), a subsidiary of Nexia, located in the 1300 South Block of State Street in Salt Lake City, Utah. The agreement for the sale of the property provides for a purchase price of $1.01 million.

Utah Uranium Corp. Options Out Alberta Potash Property, Announces Private Placement Financing

26-Jun-2008 03:37:05

MOAB, UT--(Marketwire - June 26, 2008) - Utah Uranium Corp. (the "Company") (OTCBB: UTUC) is pleased to announce the signing of a letter of intent to option out the Ernestina Lake Potash property, located in the Province of Alberta, Canada, with Mountain Capital Inc. ("MCI") (TSX-V: MCI).

BIO Convention Proves a Microcosm of Economic Activity

27-Jun-2008 05:51:59

The Milken Institute recently released its annual State Technology and Science Index, and Utah ranked 8th overall in this national “knowledge economy” assessment. The report evaluates states on dozens of criteria. The main categories include the ability to attract research funding; entrepreneurial Infrastructure; human capital; and policy effectiveness. Utah received the number one ranking in the Technology Concentration and Dynamism sub-category.

In Uncertain Times, It's Best to Rely on Each Other

27-Jun-2008 05:56:51

Uncertainty about today’s shaky economy and unsure political future has crept into our living rooms – leaving many Utah residents wary of what the future holds for the nation, as well as their families. Quarterly economic forecasts from Zions Bank show that the list of questions and uncertainties is growing for most Americans; the confidence level across the board is dropping.

People Are the Greatest Resource in Global Market

27-Jun-2008 01:13:33

SALT LAKE CITY--(BUSINESS WIRE)--Of all the aspects driving IM Flash’s decision to base its global business in Utah, people factors are at the top of the list, IM Flash Co-CEO David Baglee maintains. Baglee shared his remarks with leading technology executives in his presentation at a Utah Technology Council (UTC) breakfast earlier this week.

Utah Ranked First in Technology Concentration and Dynamism

27-Jun-2008 03:45:30

The Milken Institute, a non-profit organization dedicated to improving the lives and economic conditions of populations all over the world, recently released its State Technology and Science index in which Utah claimed many top honors. Milken named Utah the most Technologically Concentrated and Dynamic state in the country, highest in net formation of high-tech establishments, and 8th overall for this year’s index.

Business Builder Booklet Excerpt 2

27-Jun-2008 05:20:14

[Editor’s Note: Utah Pulse is serializing the Business Builder Booklets by Zions Bank Business Resource Center

Business Builder Booklet Excerpt 3

27-Jun-2008 05:22:25

[Editor’s Note: Utah Pulse is serializing the Business Builder Booklets by Zions Bank Business Resource Center

Business Builder Booklet Excerpt 5

27-Jun-2008 05:24:21

[Editor’s Note: Utah Pulse is serializing the Business Builder Booklets by Zions Bank Business Resource Center