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Utah businesses breathe sigh of relief after averting disaster over bank collapse

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Utah businesses breathe sigh of relief after averting disaster over bank collapse


SALT LAKE CITY — The collapse of Silicon Valley Financial institution is one thing that despatched 1000’s of householders of small companies and startups scrambling, with many attempting to determine how one can meet their subsequent payroll.

For Kickstart, a enterprise capital agency based mostly in Cottonwood Heights, says a whole lot of their corporations have been confronted with main challenges, however are grateful for options introduced over the past 24 hours on the state and federal stage that ensures depositors.

“It’s a giant day for startups throughout the U.S., particularly right here in Utah,” mentioned Kickstart founder Gavin Christensen. “The identify is Silicon Valley Financial institution, however actually it’s the startups financial institution. This impacts these small corporations probably the most.”

Small companies have been pressured to scramble to keep away from catastrophe when accounts have been locked up final week.

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“We have been going to have numerous challenges: layoffs, furloughs, corporations shutting down. It was getting unhealthy, so we’re actually grateful one thing occurred,” Christiansen mentioned.

Many like Christensen are grateful to Utah Gov. Spencer Cox and Sen. Mitt Romney who understood the affect of permitting a financial institution like this to fail.

“This issues to our financial system due to payroll and jobs and these are depositors,” he mentioned. “Hey, traders and debt holders misplaced all their cash in Silicon Valley Financial institution and that’s completely honest, that’s capitalism. However for depositors to place cash in a financial institution and never know that’s secure … that’s to make sure confidence that’s so necessary in our system.”

Kickstart normal associate Kat Kennedy says it is onerous sufficient to get a small enterprise up and operating with out the concern of getting a checking account frozen.

“It’s actually actually onerous to start out an organization,” she defined. “It’s actually, actually onerous to develop that to the purpose the place you may have affect and affect, and so what occurred final week was only one thing more on prime of it that you’d simply by no means, ever assume that you’d simply have your checking account locked up.”

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Kennedy added that whereas many might hear about Silicon Valley Financial institution and suppose it is simply huge tech corporations which are affected, it is truly the little companies which are hit the toughest,

“Those that are most affected are people, you understand, the founders of corporations of all sizes. We expect Fb, we predict Uber, we predict WeWork, however the actuality right here in Utah is tech is all over the place. It’s people risking all of it to start out corporations that in the end goal to enhance lives for all of us.”





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Utah

Utah authorities seek those responsible for damaging panel of ancient outdoor engravings

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Utah authorities seek those responsible for damaging panel of ancient outdoor engravings


Authorities this week said they want to find anyone involved in the installation of climbing bolts at the site of an ancient outdoor engraving in northeastern Utah.

Climbing bolts, also known as anchors, were discovered at the site of the Pregnant Sheep Petroglyph Panel on federal land in the northeastern corner of the state on Nov. 10, the Uintah County Sheriff’s Office said.

On Thursday, the sheriff’s office and the U.S. Bureau of Land Management asked for the public’s help in tracking down anyone involved in the installation of bolts near Highway 40’s Musket Shot Springs Overlook, which is about 11 miles from Dinosaur National Monument in neighboring Colorado.

In a statement on Facebook, the bureau characterized the act as vandalism.

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The sheriff’s office characterized the installation as having taken place on the petroglyph panel. Sheriff’s officials did not immediately respond to a request for more information.

Information on the specific panel was not immediately available.

Elements associated with similar engravings in Wayne County, Utah, in the southern third of the state, have been radiocarbon dated by Colorado State University geomorphologist Joel Pederson to 1100 A.D., according to the Natural History Museum of Utah.

Collaborator Steven Simms, a Utah State University anthropologist, is quoted by the museum as stating some of the state’s petroglyphs represent “persistence, reformulation, and integration of art, iconography, and ideology among peoples.”

Autumn Gillard, the cultural resource manager for the Paiute Indian Tribe of Utah, told NBC affiliate KSL of Salt Lake City that installing bolts at the site of a petroglyph is “disrespectful” to the state’s indigenous people because the engravings are sacred to many.

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“For us, as tribal people, these are our churches,” she told the station earlier this month. “When folks go in and they vandalize panels, or they vandalize cultural sites, we correlate it to the same thing as if somebody was to go into a temple or a religious space and were to write graffiti all over it or to write their name all over it.”

The search for the bolts’ installer is taking place as climbing advocacy group Access Fund celebrated a December victory for legislation called Protecting America’s Rock Climbing, passed by Congress as part of the Expanding Public Lands Outdoor Recreation Experiences Act.

The bill, in part, “clarifies that climbing and the placement, use, and maintenance of fixed anchors (including bolts, pins, and slings) are appropriate, and not prohibited, within wilderness areas,” the nonprofit group said in a statement on Dec. 19.

The Access Fund said the National Park Service this month backed off a proposal that would have prohibited fixed anchors on federal land.

On Dec. 2, Utah’s Kane County Sheriff’s Office said two people wanted for questioning in the alleged defacing of a petroglyph near Wire Pass, known for its photogenic rock formations, were located and contacted.

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Bureau of Land Management district manager Harry Barber told KSL a woman was arrested and could face multiple felony counts connected to the incident. Barber said in a video update posted to Facebook that the woman allegedly wrote her name “and/or other things” on the petroglyph.

It wasn’t clear if the woman has a lawyer, and the status of the case was not available. The federal public defender’s office for Utah did not immediately respond to a request for comment Saturday night.

In Uintah County, roughly 500 miles northeast of Wire Pass, sheriff’s officials indicated any leads that develop in their search for the bolt installer would be forwarded to federal agents.

“BLM law enforcement is asking the public to report any information they may have identifying the person(s) responsible for this incident,” the sheriff’s office there said in its Thursday statement.



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Opinion: Cox’s support for Trump’s immigration policies is imprudent

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Opinion: Cox’s support for Trump’s immigration policies is imprudent


Earlier this month, Gov. Spencer Cox stated that he “remained committed” to the Utah Compact on Immigration, a document first released in 2010 and reaffirmed by state leaders in 2019. Cox said, “The principles of the Compact, I think, are still very important.” That is good news for Utah. The bad news is Cox’s support for President-elect Donald Trump’s plans for mass deportation.

Cox was not elected to the Utah House of Representatives until 2012, two legislative sessions after the Utah Compact was released followed by unprecedented support by former Gov. Gary Herbert and the conservative state Legislature for comprehensive state-based immigration reform. And despite his welcome support recently for the Utah Compact, I cannot seem to locate a moment when Cox actually signed the document — though I will happily stand corrected if wrong.

My point is that supporting the principles in the Utah Compact while supporting Trump’s mass deportation plans feels a bit like double-dealing.

I am a co-author of the Utah Compact. While I ran Sutherland Institute, we played an instrumental role in changing public opinion on immigration — from 70% of Utahns favoring Trump-like enforcement-only policies early in 2010 to 70% favoring the Compact and the comprehensive reforms passed by the state Legislature in 2011. I was present from beginning to end of those historic and precedent-setting policy reforms.

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In other words, I know whereof I speak when I say that the Utah Compact stands in stark contrast to Trump’s rants on mass deportation policies. The policies underlying the 2011 immigration reforms strove to bring otherwise law-abiding undocumented immigrants to the surface of society, leaving the residue of criminal immigrants for law enforcement to clean up. Utah warmly embraced existing undocumented immigrants already living among us peaceably and productively.

In contrast, Trump’s policies underlying mass deportations — insomuch as anyone knows what that means today — portray undocumented immigrants as criminals. And while the label is legally true — a person crossing our border for the first time, for any peaceful and productive reason, commits a misdemeanor — no decent Utahn would treat that person as a hardened criminal. In fact, the offense was simply an “infraction,” like a speeding ticket, when the Utah Compact was created.

I am quite sure that Gov. Cox does not really have in mind deporting every undocumented resident of Utah. The governor is a decent and prudent man, not inhumane or impractical. And yet, what does he mean by supporting Trump’s policies?

Cox announced a five-prong strategy for the state to work with federal immigration officials focusing on “criminal behavior.” Nothing about those five policies gives me concern. What does give me concern is probable overreach by the Trump administration when it deems “criminal behavior” to include otherwise law-abiding undocumented immigrants. My concern is when malum prohibitum is equated with malum in se — when an infraction or misdemeanor is equated with murder, rape and other felonies.

Prior to the historic immigration reforms in 2011, Sutherland Institute published an essay, “Onus or Opportunity: Immigration and Conservatism,” in which we made an authentic conservative argument for those comprehensive reforms.

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A serious consideration for us at the time was to ensure that the growing tide of opinion favoring enforcement-only immigration policies did not produce a new police-state mentality. Authentic conservatives certainly believe in law and order but we don’t believe in police states. The Trump-Cox policies proposed are one slight interpretation away from a police state. If “criminal behavior” includes mere undocumented immigrants, authentic conservatives have reason for concern.

The principles of the Utah Compact are the most prudent model to maintain justice and humanity. I know Gov. Cox understands this in his heart.



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‘A taste of home’: Watch adorable dogs at Utah shelter get presents from Santa

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‘A taste of home’: Watch adorable dogs at Utah shelter get presents from Santa


Dogs at an animal sanctuary in southern Utah had a paw-sitively delightful Christmas morning as they picked out presents from Santa’s sleigh.

Best Friends Animal Sanctuary in Kanab, just north of the Arizona border, hosted a “Santa Sleigh” Christmas morning for dogs at the shelter. The shelter says the pups “joyfully picked out toys” from a sleigh “decked out in holiday trimmings and loaded with more than 500 toys” donated by the non-profit’s corporate partner, Pet Supplies Plus and Blue Buffalo.

Video footage shared by Best Friends shows dozens of dogs sniffing around for the best presents, which included ropes, balls and squeaky toys. The shelter dogs also got cuddles and treats from Best Friends volunteers and staff members.

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Dozens of shelter dogs receive toys from ‘Santa Sleigh’

Dozens of dogs at the Best Friends Animal Sanctuary in Utah picked out gifts from “Santa Sleigh.”

‘Meaningful tradition’

Best Friends Animal Society CEO Julie Castle said in a statement that the event “is a truly meaningful tradition at Best Friends.”

“It gives the Sanctuary dogs a taste of home until they find loving families of their own,” Castle said. “It also makes our caregivers happy to provide this special experience for the dogs they care for every day.”

The sleigh made the rounds to more than a dozen locations at the Sanctuary’s Dogtown, delighting more than 400 dogs awaiting adoption. Best Friends said the dogs at the sanctuary came from shelters in Utah and across the country.

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Dogtown is described as a “place of healing, learning and fun for dogs and puppies.”

Founded in 1984, Best Friends, is a leading animal welfare organization with shelters across the country. The organization aims to end the killing of dogs and cats in America’s shelters and make the country no-kill in 2025. The sanctuary, meanwhile, is the largest of its kind in the U.S., according to Best Friends website and is “tucked into the majestic canyons of southern Utah.”

Saman Shafiq is a trending news reporter for USA TODAY. Reach her at sshafiq@gannett.com and follow her on X and Instagram @saman_shafiq7.



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