Brandon Sanderson publishes a blog titled “Regarding Audible,” revealing that he and Emily Sanderson are working with Audible to encourage the release of an updated royalties structure for independent writers and smaller publishers.
Young Automotive Group celebrates its 100th year of business with the grand opening of its new headquarters.
Kevin Bacon returns to Payson High School to celebrate the 40th anniversary of “Footloose” and the 100-year anniversary of Utah film and television.
Beyond, Inc. — the owner of online retail giants Bed Bath & Beyond and Zulily — announces the relaunch of Overstock.com, which will offer deals and discounts on products across multiple categories.
Powder Baby Dry Shampoo, a student startup from Brigham Young University that sells healthy and non-aerosol dry shampoo in five colors, wins the $30,000 Simon Gibson Grand Prize and first place in the 2024 Utah Entrepreneur Challenge.
Utah ranks sixth in a study by Lendio identifying the best states for women-owned small businesses.
Pure SoJo, South Jordan’s first-of-its-kind water purification demonstration facility, opens to the public for tours and taste testing.
The Board of Directors for the Redevelopment Agency of Salt Lake City approves a record $17.7M in funding to support the construction and preservation of affordable housing.
The Utah Transit Authority Board of Trustees adopts the agency’s Long-Range Transit Plan: UTA Moves 2050.
Powder Mountain expands terrain offerings with expert and advanced terrain on the west side of the mountain and advanced terrain for homeowners on the east side.
Research.com names Deborah A. Yurgelun-Todd, Ph.D., professor of psychiatry and vice chair for research at Huntsman Mental Health Institute, one of the United States’ top female scientists for the second year in a row.
FUNDING
| Recipient | Funding Amount | Led By |
|---|---|---|
| Tava Health | $20M, Series B | Catalyst Investors |
| Oka, The Carbon Insurance Company | $10M | Aquiline Capital Partners LP and firstminute capital |
M&A ACTIVITY
Mergers
- Lotus Development merges with 3rd Wave Development to form Lotus Southeast
Acquisitions of Utah companies
- Imperative Chemical Partners Inc. acquires Western Chemical LLC
- Marshall & Stevens Inc. acquires Rocky Mountain Advisory LLC
- Standard Wellness Holdings LLC acquires the Cannabist pharmacy
