Business
Nu Skin winds down BeautyBio brand after 2023 acquisition
Nu Skin is closing BeautyBio, the beauty brand it acquired in 2023 for $75 million, according to BeautyMatter.
September 11, 2026 at 3:03 PM MT · via BeautyMatter · 2 sources
Utah spent $10M buying back 'Mormon Meteor' race car it once owned for $1
Utah spent $10 million in public money—matched by $10 million in private funds—to buy back the historic "Mormon Meteor" race car that the state once owned for just $1, KUTV reports. The land-speed-record vehicle was sold decades ago and has now been reacquired for $20 million total.
September 9, 2026 at 9:03 PM MT · via KUTV 2 · 3 sources
Appeals court upholds dismissal of second LDS tithing fraud lawsuit
The U.S. Court of Appeals has upheld a lower court's dismissal of a class-action lawsuit alleging the Church of Jesus Christ of Latter-day Saints misrepresented how tithing donations would be used, ABC4 reports.
September 4, 2026 at 11:03 PM MT · via ABC4 Utah · 2 sources
Lawsuit over Church's massive Texas ranch development settled
A lawsuit challenging the LDS Church's plans for a massive ranch development in Texas has been settled, the Houston Chronicle reports. Terms of the settlement were not disclosed.
September 3, 2026 at 2:03 PM MT · via Chron · 2 sources
Intermountain Health unveils plans for new downtown LDS Hospital
Intermountain Health and Salt Lake City Mayor Erin Mendenhall unveiled detailed plans Wednesday for a new LDS Hospital campus to be built at the "Sears Lake" site in downtown Salt Lake City, three to five years from now.
September 3, 2026 at 7:04 AM MT · via The Salt Lake Tribune · 5 sources
Hogan Lovells executive joins LDS Church as chief operating officer
A former chief operating officer of Cadwalader, Wickersham & Taft and Hogan Lovells has been appointed to a senior operational role at The Church of Jesus Christ of Latter-day Saints, according to Law360.
September 3, 2026 at 7:04 AM MT · via Law360 · 5 sources
Samaritan's Purse declined $300 million U.S. government humanitarian contract
Samaritan's Purse, the evangelical Christian humanitarian organization led by Franklin Graham, declined a $300 million U.S. government contract for humanitarian aid work, according to Deseret News. The organization chose to maintain its independence rather than accept government funding.
September 1, 2026 at 6:05 PM MT · via Deseret News · 2 sources
Orem mall opens on Sundays, drawing criticism from some LDS residents
University Place Mall in Orem announced it will open on Sundays for the first time, a change some local residents who observe the Sabbath criticized, according to The Salt Lake Tribune. The mall's ownership said the decision reflects evolving retail patterns and customer demand.
August 29, 2026 at 2:04 PM MT · via The Salt Lake Tribune
Church stock fund nears record high but lags market benchmarks
The LDS Church's stock portfolio through Ensign Peak Advisors is approaching a record high, but financial analysts say its conservative investment strategy has consistently underperformed major market indexes over the past decade.
August 28, 2026 at 6:03 AM MT · via The Salt Lake Tribune · 2 sources
LDS Church quietly expands real estate holdings across United States
The Church of Jesus Christ of Latter-day Saints has been steadily acquiring commercial real estate across the United States through holding companies and subsidiaries, according to a Bloomberg investigation. The properties span multiple states and include retail, office, and residential developments.
August 27, 2026 at 4:02 PM MT · via Bloomberg.com · 3 sources
Nu Skin executive VP of global sales takes medical leave
Nu Skin's executive vice president of global sales is taking medical leave, according to StreetInsider. The company did not name an interim replacement or provide details about the leave duration. The announcement comes as Nu Skin navigates broader organizational challenges.
August 22, 2026 at 4:08 AM MT · via StreetInsider
Nu Skin announces layoffs amid financial struggles
Utah-based Nu Skin Enterprises has laid off employees following a surprise quarterly loss that prompted analysts to cut their forecasts for the multi-level marketing company. The announcement comes alongside news that Tyson Foods is closing its Eagle Mountain, Utah beef facility.
August 19, 2026 at 5:08 AM MT · via heraldextra.com · 2 sources