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At the heart of this transformation are companies like Adobe , which helped lay the groundwork for Silicon Slopes' rise. The tech-cluster has created fertile ground for other startups to grow in the Silicon Slopes ecosystem. "That was a seminal moment in the history of Silicon Slopes," he said. The city's leaders and entrepreneurs hope that the snowball effect will continue to roll down Silicon Slopes. "We're very proud of that sort of pioneer heritage that we have, particularly in building what is now the Silicon Slopes ecosystem," Sherman said.
Persons: Adobe SVP Wade Sherman, CNBC's Carl Quintanilla, Wade Sherman, Adobe's, Sherman, Brad Rencher, CNBC Rencher, Rencher, it's, It's, Catherine Wong, Entrata, , Wong, haven't, Todd Pedersen, Adobe, Pedersen, " Pedersen Organizations: Adobe, Adobe SVP, CNBC, Oracle, Microsoft, Salt Lake, Blackstone Locations: Lake City, CNBC's, Salt, Lehi, Salt Lake City, Lehi , Utah, Silicon, Draper, Orem, Provo, Adobe's, Utah, Silicon Valley, North America, Silver
A not-so-micro discoveryBack in California, Hunter took her new foster to the vet. Boxed in before a trio of ‘miracles’“The box is Galena’s absolute favorite place to play in, and she’s pretty chill and happy when she’s in a box,” Clark told CNN. Courtesy Carrie ClarkUPS then ferried away the box, Amazon representative Alisa Carroll told CNN. Courtesy Carrie ClarkGalena will likely continue to be a massive box lover – hopefully without again taking off in one. “It’s a really, really easy procedure.
Persons: wasn’t, Brandy Hunter, , , ” Hunter, Carrie Stevens Clark, Carrie Clark, Clark, of Jesus Christ, Hunter, Los Angeles –, ” Clark, Carrie Clark “, hysterically, Carrie, Matt Clark, Matt, ” Carrie Clark, it's, Carrie Clark UPS, Alisa Carroll, , Carrie Clark Eight, “ We’re, Brandy, Galena, ” Amazon’s Carroll, Carrie Clark Galena, he’s Organizations: CNN, of Jesus, Facebook, Galena, Clarks Locations: California, Utah, Lehi , Utah, Galena, Jurupa Valley , California, Los Angeles, Jurupa Valley, crouched, Clark
LEHI, Utah—After mortgage rates shot up last year, Ivory Homes, one of Utah’s largest builders, suddenly had few buyers for the hundreds of homes it had under construction. So Clark Ivory, the chief executive, laid off 9% of his staff, and by January he had slashed construction by nearly 80% from its 2022 peak.
Persons: Clark Ivory Organizations: Ivory Homes Locations: LEHI, Utah
LEHI, Utah—After mortgage rates shot up last year, Ivory Homes, one of Utah’s largest builders, suddenly had few buyers for the hundreds of homes it had under construction. So Clark Ivory, the chief executive, laid off 9% of his staff, and by January he had slashed construction by nearly 80% from its 2022 peak.
Persons: Clark Ivory Organizations: Ivory Homes Locations: LEHI, Utah
Franchisee Meridian Restaurants Unlimited is closing 27 Burger King locations in the US. Another Burger King franchisee, EYM King of Michigan said it will close 26 locations last month. Meridian operates over 100 Burger King locations. The Burger King operator filed for bankruptcy in March because of low sales and high inflation, among other factors. Another Burger King franchisee, TOMS King Holdings, filed for Chapter 11 bankruptcy protection in January for similar reasons.
Cause marketing can help businesses support social causes that align with their values and connect with customers. These experts say cause marketing should be equally balanced with the needs of the business. Cause marketing can include sponsoring events, fundraising, or raising awareness for a social or charitable cause. How cause marketing can benefit small businessesCause marketing can increase brand awareness for businesses and exposure for nonprofits, Conway said. When businesses support causes, it can also improve employee morale and help with hiring and retention, Conway said.
The whole experience was a "nightmare," Sara Toro told Insider. Toro told Insider that the family saw their initial flight was canceled when they woke up on Christmas Day. Southwest canceled 71% of its schedule, or nearly 3,000 flights, on December 26, according to data from flight-tracking service FlightAware. Toro told Insider that Southwest staff booked the family onto another flight, which was then canceled. Toro told Insider that her family had applied for a refund of their travel expenses.
A tornado touched down south of Shreveport, damaging several homes and knocking down trees and power lines, according to the sheriff's office. The National Weather Service in Fort Worth said there may have been 12 tornadoes, which will be confirmed by storm surveys. The severe weather in Texas occurred as a major winter storm was also pummeling Louisiana, with more than 10 million people under winter weather warnings or advisories across the Rockies and the northern Plains states. High winds toppled big-rig trucks Tuesday morning in Parker and Wise counties in Texas, according to the National Weather Service's Storm Prediction Center. George Frey / AFP - Getty ImagesWestbound Interstate 70 was closed near the Kansas-Colorado border because of fear of dangerous winter weather, officials in both states said.
The $3 billion customer-management startup Podium laid off 12% of its staff Thursday. The $3 billion customer-management startup Podium laid off 12% of its staff Thursday. Podium, based in Lehi, Utah, has raised $201 million from venture-capital firms including Accel, IVP, and Summit Partners, according to PitchBook. The company, which helps businesses communicate with their customers, had about 1,300 employees, according to PitchBook. Affected employees learned they were laid off through email or when they were no longer able to access their work tools.
California plans to partner with Civica Rx, a nonprofit generic drug company, in the state's effort to produce its own low-cost insulin, according to two people familiar with the matter. Gavin Newsom announced in July that he had approved a budget that would allocate $100 million to allow the state to begin making its own insulin. It'll be the first state to produce insulin for its residents, which experts see as a road map for other states to make the lifesaving medication more affordable. California expects to announce the partnership in mid-December, although it hasn't been finalized and the state could select a different company, the sources said. A Civica Rx spokesperson didn't confirm the plan but said the company welcomes "the opportunity to partner with California."
When Casey Schow started his new job at Neighbor, a self-storage company based in Lehi, Utah, he figured he had to dress to impress. Schow chose a crisp button down and a pair of slacks for his first day in the office as Neighbor's PR and communications lead in June 2021. Imagine his surprise, then, when Schow walked into the office and half of his co-workers were wearing T-shirts and flip-flops. "I definitely felt overdressed, even though that outfit is something I would have worn to work every day before the pandemic." Revamping your professional wardrobe can add up — but you can prepare for returning to the office without overspending by investing in a couple of key pieces that will help you nail the "business comfort" look.
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