Utah's Daily Business Resource | Brought to you by Utah Pulse | Tuesday, June 2, 2020
Today At Utah Pulse
Utah housing permits plummet in AprilUtah housing building permits decreased from 3,070 in March to 2,089 in April, a 32% decrease. Interestingly, this came just after a March in which the greater Salt Lake City area (MSA) saw the highest number of housing permits in decades, and perhaps ever over 1,500. The next month, they plummeted: April saw a decrease to just over 800.
Utah Medicaid will now cover COVID-19 testing for uninsured residents
The Utah Department of Health announced that Utah Medicaid will now cover COVID-19-related diagnostic testing and services for uninsured individuals.
United Way of Salt Lake supports Utah students through 10th annual Stuff the Bus supply drive
Summer break is just beginning, but students across the state are already preparing for an uncertain school year ahead.
CRN recognizes StorageCraft as a 'Coolest Data Protection Company' on 2020 Storage 100 list
StorageCraft announced that CRN, a brand of The Channel Company, has named StorageCraft to its first ever 2020 Storage 100 list. In its ranking, CRN highlighted StorageCraft as one of 20 Coolest Data Protection Companies. The ranking was compiled by a panel of CRN editors, and acknowledges leading storage vendors who provide transformative, cutting-edge solutions.
England Logistics ranked among Transport Topics' 2020 Top Freight Brokerage Firms
England Logistics has been ranked 16th on Transport Topics' list of the Top Freight Brokerage Firms in 2020. The company has been recognized 16 years in a row among Transport Topics' Top Freight Brokerage Firms.
Some of Utah's growth challenges take a breather but not for longEveryone wants to know what will conditions be like when the pandemic crisis recedes and life settles into a "new normal?"
Armchair discussion with Int'l Trade Assistant Secretary Ian Steff: Growing Utah's trade in challenging timesAssistant Secretary for Global Markets and Director General of the Foreign Commercial Service, Ian Steff, has been invited to participate in a "virtual armchair discussion" with President and CEO of the World Trade Center of Utah, Miles Hansen.
Local Headlines
- $120 million in new LEED certified buildings coming to Wasatch Front (Deseret News)
- Unemployment claims high, but decline for 7th week in a row as Utah businesses reopen (Deseret News)
- Utah unemployment claims keep inching down, now reaching Great Recession levels (Salt Lake Tribune)
National Headlines
- Eli Lilly begins human test of potential coronavirus antibody treatment (FOX Business)
- To cap off his amazing week, Elon Musk just made $770 million (CNN)
- U.S. manufacturing activity crawls off 11-year low (Reuters)
- McConnell seeks to move House-passed fix to Paycheck Protection Program as soon as possible (CNN)
- Gilead Stock Is Dropping Because the Latest Data on Its Coronavirus Drug Just Wasn't Good Enough (Barron's)
- Protests Force Target, CVS and Walmart to Close Some Stores (NBC News)
- Merck CEO Kenneth Frazier: George Floyd 'could be me' (CNBC)
- Stocks making the biggest moves after hours: Western Union, Coty, Moderna and more (CNBC)
- Here are the 10 most under and overbought S&P 500 stocks, according to Goldman (MarketWatch)
- Marriott opens all hotels in China, sees steady U.S. recovery: CEO (Reuters)
- Protests may derail what was expected to be a strong reopening for Las Vegas casinos (CNBC)
