Utah's Top 19 Financial and Business News Nuggets from the First Half of May 2024 that You Might have Missed NOTE: This writeup includes news about 20 Utah-based firms, 18 separate executives, and the death of one former public official.
NEWS BRIEF: Utah Man Found Guilty in an 18-Year Mail Fraud Scam Totaling over $5.8 Million in Stolen Monies Kevin Scott Horton of Saratoga Springs, Utah is facing up to 140 years in prison for his crimes.
NEWS BRIEF: HealthEquity Completes its $425 Million Acquisition of the BenefitWallet HSA Portfolio from Conduent HealthEquity "... now serves more than nine million HSA members and more than 16 million total accounts."
Farmington, Utah-based PACS Group Sets Revenue Record in its First Quarterly Report Filed Since its 11 April 2024 IPO PACS Group "... is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services."
Utah Is Getting over $126 Million in Federal Dollars for Solar Projects, Affordable Housing and Homeless Projects, and Fixing Lead Pipes Over the past several weeks, two federal government agencies, and/or their state-level counterparts, have announced over $126 million in combined funding for projects here in Utah.
Apologies ... A Medically Induced, but Temporary, Hiatus from Utah Money Watch Apparently I came through the surgery with "Flying Colors," which is awesome! Isn't modern medicine amazing?!?!?!
SLC-based Zanskar Geothermal & Minerals has Raised $30 Million in New Funding to Accelerate its Efforts to Uncover Likely Productive Geothermal Sites in the U.S. Zanskar plans to deploy the funds to accelerate technology development and advance its portfolio of greenfield power projects to serve new partnerships.