Business

Erin Alberty
Oct 3, 2022 - News

How a sluggish finance market could change Utah tech culture

Illustration of a phone with apps that spell "SAVE."
Illustration: Maura Losch/Axios

At the Silicon Slopes Summit this weekend, I had a chance to speak onstage with Vanta CEO Christina Cacioppo.

  • The California-based company creates tools to automate security and privacy compliance for other startups.
Erin Alberty
Oct 3, 2022 - News

CEO of Utah-based Homie steps down at Silicon Slopes Summit

A man reads aloud onstage while a screen shows him closeup.
Johnny Hanna, Homie cofounder, announces he is stepping down as the company's CEO at the Silicon Slopes Summit on Friday, Sept. 30 at Vivint Arena. Photo: Erin Alberty/Axios

The CEO of Utah-based Homie stepped down Friday, citing an unstable real estate market.

  • Johnny Hanna, who co-founded Homie (and previously Entrata), also announced layoffs at the real estate "disruptor."

Utah's craft brewery sales saw mixed results in 2021

Credit: Data: Brewers Association; Table: Thomas Oide/Axios

Utah's largest craft breweries saw mixed results in 2021, a year after the pandemic limited indoor gatherings and crippled the industry.

By the numbers: UTOG Brewery in Ogden was the state's fastest-growing craft brewery with a 104% increase in sales, according to an Axios analysis of data from the Brewers Association.

Utah small business owners to meet with congressional leaders in D.C.

Illustration of an apron on the Lincoln Memorial.
Illustration: Lindsey Bailey/Axios

A coalition of about 70 small business owners from Utah is gathering in D.C. this week to meet with the state's congressional delegation.

  • The business owners are alumni of the Goldman Sachs 10,000 Small Businesses program, which is meeting for a two-day summit.

Salt Lake City tech salaries fall behind other tech hubs

Data: Carta; Chart: Jacque Schrag/Axios

Tech wages in Salt Lake City are steadily rising as Utah's Silicon Slopes community grows but still lag behind other tech hubs in the West.

Why it matters: Tech companies in Utah directly and indirectly supported nearly 15% of jobs in the state, according to a 2019 report by the Kem C. Gardner Policy Institute.

Erin Alberty
Jun 13, 2022 - News

Construction on 300 West in Salt Lake City is running behind schedule

Illustration of a shrugging emoji wearing a hard hat.
Illustration: Brendan Lynch/Axios

The yearslong reconstruction of 300 West is running a few months behind schedule after a series of setbacks.

Why it matters: Delays could frustrate shoppers along the city's major big-box corridor — and heighten tension between longtime local businesses and advocates who want to make the area safer for cyclists and pedestrians.

Erin Alberty
Updated Jun 10, 2022 - News

Cottonwood Heights' Starbucks first in Utah to unionize

Illustration of a union protest sign attached to a coffee stirrer in a to-go cup.
Illustration: Maura Losch/Axios

Starbucks employees in Cottonwood Heights voted to unionize Friday.

Why it matters: The store at 7025 S. Highland would be the first Starbucks in the state to unionize.

Erin Alberty
Jun 9, 2022 - News

Three Utah cities rank top 10 in the U.S. for overpriced houses

Illustration of a floating balloon shaped like a house
Illustration: Sarah Grillo/Axios

Housing prices in Utah are so far above historic trend lines, that three cities are currently among the 10 most overpriced markets in the country. That's based on a new analysis from Florida Atlantic University.

Salt Lake Citypostcard

Get a free daily digest of the most important news in your backyard with Axios Salt Lake City.

🌱

Support local journalism by becoming a member.

Learn more