Latest Salt Lake City News

Turned down for a loan, business owners look to family and even crowdsourcing to get money to grow

Nov. 26, 2023 11:35 AM EST

NEW YORK (AP) — Among the many challenges small businesses face as they try to grow these days, getting a loan is right near the top. Banks big and small have tightened lending standards as the Federal Reserve hiked up interest rates the past two years. The collapse...

Incumbent Salt Lake City Mayor Erin Mendenhall wins bid for second term

Nov. 22, 2023 20:45 PM EST

SALT LAKE CITY (AP) — Incumbent Erin Mendenhall has won her reelection bid for mayor of Utah’s capital in a ranked-choice contest that included a challenge by Salt Lake City's former Mayor Rocky Anderson. Ballot returns released Wednesday, which included all scannable ballots in...

Incumbent Salt Lake City mayor leads in bid for second term

Nov. 22, 2023 00:25 AM EST

SALT LAKE CITY (AP) — Incumbent Erin Mendenhall was leading Tuesday in her reelection bid to continue as mayor of Utah’s capital in a ranked-choice contest that includes a challenge by former Mayor Rocky Anderson. Mendenhall had a significant lead over Anderson, which led the...

High-ranking Mormon church leader Russell Ballard remembered as examplar of the faith

Nov. 17, 2023 16:47 PM EST

SALT LAKE CITY (AP) — Associates and children of one of the highest-ranking leaders of The Church of Jesus Christ of Latter-day Saints, M. Russell Ballard, remembered him Friday as a principled and compassionate man who stood as an exemplar of the faith for decades. Ballard, who...

Two have died in a Utah mountain plane crash and a third who was injured got flown out by helicopter

Nov. 14, 2023 19:39 PM EST

PROVO, Utah (AP) — Two people were killed and a third injured when a small plane crashed in the mountains south of Salt Lake City. The two apparently died on impact and the third was walking around when rescuers arrived in the area east of Provo around midday Tuesday, Utah County...

Security National Financial: Q3 Earnings Snapshot

Nov. 14, 2023 12:31 PM EST

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Security National Financial Corp. (SNFCA) on Tuesday reported profit of $4 million in its third quarter. On a per-share basis, the Salt Lake City-based company said it had net income of 18 cents. The mortgage and life...

High-ranking Mormon leader M. Russell Ballard dies at age 95. He was second-in-line to lead faith

Nov. 13, 2023 15:05 PM EST

SALT LAKE CITY (AP) — One of the highest ranking leaders of The Church of Jesus Christ of Latter-day Saints, M. Russell Ballard, has died. He was 95. He died Sunday surrounded by family at his home, according to a church statement Monday morning. Ballard was...

ClearOne: Q3 Earnings Snapshot

Nov. 09, 2023 09:19 AM EST

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — ClearOne Inc. (CLRO) on Thursday reported a loss of $1.4 million in its third quarter. The Salt Lake City-based company said it had a loss of 6 cents per share. Losses, adjusted for amortization costs and stock option expense, were 5...

Recursion Pharmaceuticals: Q3 Earnings Snapshot

Nov. 09, 2023 08:12 AM EST

SALT LAKE CITY (AP) — SALT LAKE CITY (AP) — Recursion Pharmaceuticals Inc. (RXRX) on Thursday reported a loss of $93 million in its third quarter. On a per-share basis, the Salt Lake City-based company said it had a loss of 43 cents. The results fell short of Wall...

Court cites clergy-penitent privilege in dismissing child sex abuse lawsuit against Mormon church

Nov. 08, 2023 18:13 PM EST

An Arizona judge has dismissed a high-profile child sexual abuse lawsuit against The Church of Jesus Christ of Latter-day Saints, ruling that church officials who knew that a church member was sexually abusing his daughter had no duty to report the abuse to police or social service agencies because...