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Maven has expanded from a single Pilates studio to several different businesses and more than 130 commercial tenants. Through the Pilates studio, Arneson met Rocky Donati, who had recently moved to Salt Lake City from San Francisco. Back in 2013, the Pilates studio took in around $200,000 a year, the duo said. Investing in underrepresented startup founders is what motivated Kimmy and Sergio Paluch to launch the venture fund Beta Boom in Salt Lake City. "The potential I see is to fund more diverse businesses, to fund more women, to fund more people of color, and there are opportunities here."

Persons: Maven, Tessa Arneson, Arneson, Rocky Donati, Donati, Maven's, Kimmy, Sergio Paluch, Kimmy Paluch, we're, Beta Boom, Paluch, Susan Petersen, Petersen, of Jesus Christ, I've Organizations: CNBC, U.S Census Bureau, Maven, Beta, Beta Boom, of Jesus, Latter, Saints, Target Locations: CNBC's, Salt Lake City , Utah, United States, America, Salt Lake City, San Francisco, Kimmy, Utah

CNBC takes viewers on a deep dive into Salt Lake City's booming banking sector. The city's exceptional growth in finance can be traced back to an early catalyst: industrial banking. This little-known type of banking institution allows nonfinancial companies, such as car manufacturer BMW , to own its own bank. Utah is home to most of America's industrial banks, with 15 of the nation's 23 located in Salt Lake County — a concentration unmatched anywhere else in the country. Jason Kotter, a professor of finance at Brigham Young University, explains the role of industrial banks, how they function, and why they've been key to Salt Lake City's rise as a major financial powerhouse.

Persons: Jason Kotter, they've, CNBC's Carl Quintanilla, Ryan, Ashley Smith, Former Utah Governor Michael Leavitt, Wade Sherman, Larry Miller, Steve Starks, Goldman Sachs, John Waldron, Vivint, Todd Pedersen, Maven, Tessa Arneson, Rocky Donati, Entrata, Catherine Wong Organizations: CNBC, BMW, Brigham Young University, Smith Entertainment Group, Former Utah Governor, Adobe VP Locations: Salt, Utah, Salt Lake County, Salt Lake City

☆ With booze, furniture and candles, Dungeons & Dragons makes itself at home
▼ + stars: | 2023-10-05 | by ( Sarah Whitten | ) www.cnbc.com time to read: +9 min

In this article ETSYHAS Follow your favorite stocks CREATE FREE ACCOUNTInside the storefront of Cantrip Candles in Hollywood, CA. An avid Dungeons & Dragons fan, Visscher was hosting a game when a beer got knocked over during a rowdy tavern interaction. Inspired by fantasy games and settings like those seen in Dungeons & Dragons, Pathfinder and other popular tabletop role-playing games, Cantrip Candles has created its own lore to pair with its scents. Cantrip Candles also partners with other small businesses to sell wick trimmers, matches, notebooks, plush and apparel. Hasbro , which owns the Dungeons & Dragons brand through its subsidiary Wizards of the Coast, has boasted that the game has more than 50 million active players.

Persons: Sarah Whitten, CNBC It's, Christoff Visscher, Visscher, Sellers, Ed Maranville, Harry Potter, Gary Gygax, Dave Arneson, Kidults, Matthew Lillard, Lillard, Justin Ware, Beadle, Wyrmwood's Maranville, Maranville Organizations: CNBC, Pathfinder, Marvel, Star, Hasbro, &, Wizards, NPD, Grimm's, Wyrmwood Locations: Hollywood , CA, Hollywood, Rhode, Indiana, Kentucky

☆ San Antonio Spurs unveil No. 1 pick Victor Wembanyama at welcome party in the city
▼ + stars: | 2023-06-25 | by ( Issy Ronald | Jacob Lev | ) edition.cnn.com time to read: +2 min

CNN —The city of San Antonio has big expectations for Victor Wembanyama. 1 NBA draft pick emerged from a private plane on Friday, and the welcome party has lasted all weekend. “The last 72 hours have been really tiring but I’m really enjoying the moment,” the 7-foot-4 Frenchman told reporters on Saturday. He enjoyed dinner on Friday night with NBA champions and San Antonio Spurs legends Tim Duncan, David Robinson and Manu Ginobili. “It’s so comforting to see these people who are so important to the city of San Antonio and to the franchise are such kind people and generous.

Persons: Victor Wembanyama, “, I’m, Frenchman, I’ve, ”, LeBron James, Tim Duncan, David Robinson, Manu Ginobili, ” Wembanyama, They’ve, It’s, ove, eason Organizations: CNN, NBA, San Antonio Spurs Locations: San Antonio

☆ Glossier, Ugg, Le Creuset: Product releases this week
▼ + stars: | 2023-02-03 | by ( Krystin Arneson | ) edition.cnn.com time to read: +8 min

There are a ton of great products that drop every week — and we’re here, as always, to keep you up to date on the best of them. This week brings the launch of Otherland’s ’90s-inspired candle collections, Ikea’s stunning collab with Sabine Marcelis and Le Creuset’s new matte navy cookware. Shop our favorite new releases below, but be fast — they’re prone to selling out. The $90 device comes in black, white, brushed steel and brass, so it’s also easy to match to your kitchen fixtures. Loungewear-meets-streetwear from the expertsUggIf anyone knows a thing or two about creating comfortable things to wear, it’s Ugg.

☆ Vermont town employee who quietly lowered fluoride in water for years resigns
▼ + stars: | 2022-10-21 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

A town employee who quietly lowered the fluoride in a Vermont community’s drinking water for years has resigned — and is asserting that the levels had actually been low for much longer than believed. While fluoridating municipal water is voluntary, Vermont towns that do “shall control the level of fluoride” within the state’s specified ranges, according to the state’s water supply rule. The Vermont Health Department said it does not regulate municipal water systems. Town Manager Josh Arneson said Thursday that he will review fluoride levels monthly and that the town’s Water and Sewer Commission will also look at the report. The addition of fluoride to public drinking water systems has been routine in communities across the United States since the 1940s and 1950s.

☆ Vermont town employee quietly lowered fluoride in water for nearly 4 years
▼ + stars: | 2022-10-08 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

And, he said, he doesn’t think the state’s recommended level of fluoride is warranted right now. “For a single person to unilaterally make the decision that this public health benefit might not be warranted is inappropriate. “Fluoride, again, is one of the most successful and important public health measures that has ever been undertaken in this country,” Knowles said. The mineral was first added to public water in Grand Rapids, Michigan, in 1945. In sparsely populated and largely rural Vermont, 29 of the 465 public water systems voluntarily fluoridate, and just over half of residents served by a public system get fluoridated water, according to the Vermont Department of Health.

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