SAN FRANCISCO (AP) — The CEO of Overstock.com has resigned, saying he’d become “far too controversial” to helm the e-commerce company known for selling discounted sofas and jewelry. Patrick Byrne’s resignation Thursday came after the company issued an bizarre statement last week in which the former CEO referred to the […]
SALT LAKE CITY (AP) — A paper company is planning to build a mill in Utah to manufacture paper using only recycled fiber from materials like cardboard. KSL-TV reports Crossroads Paper announced Wednesday plans to construct a $320 million facility that it expects to be operational by early 2022. The […]
PROVO, Utah (AP) — Starbucks will open its first stand-alone shop in Provo near Mormon-owned Brigham Young University. The Salt Lake Tribune reports the Seattle-based coffee giant confirmed on Tuesday its plans to open a store near BYU’s campus in the spring of 2020. Students are taught as part of the Utah-based […]
Gunnison Valley Bank will merge with State Bank of Southern Utah and become a State Bank branch in Gunnison. Eric J. Schmutz, President of State Bank announced that both boards of directors have approved the merger and a definitive agreement has been signed. The transaction is subject to approval by […]
OREM, Utah (AP) — A Utah hydroelectric plant is ready to come back online after a $42 million makeover that took three years. The Olmsted hydroelectric power plant has a new look and new turbines and will provide water and power to residents throughout several communities, including Orem and Provo, […]
