Visitors Spent $77 Million per Day across Arizona in 2022, Says Economic Impact Report

inbusinessPHX.com

As one of the state’s primary economic drivers, Arizona’s tourism industry continued to deliver for communities statewide in 2022. Post-pandemic highs were achieved in metrics across the board, including tourism jobs generated and tax revenue collected, according to new data released by the Arizona Office of Tourism. Visitor spending reached $28.1 billion in 2022, which … [More]

Collaborative and Upscale Co-Working Space Set to Open in Downtown Phoenix

inbusinessPHX.com

X Phoenix, a 506-unit residential coliving and membership club located in the heart of Downtown Phoenix, is opening a 27,000 sq ft., dedicated coworking space on Mon. July 17, 2023. The space offers dedicated desks and private offices as well as an expansive area for a multitude of events that encourages connection and collaboration. In addition to the workstations that … [More]

Acquisition of Nikola’s Hydrogen Hub in Phoenix Creates American Green Energy Jobs

inbusinessPHX.com

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, and Fortescue Future Industries (FFI), a global green energy and metals company committed to leading the world in stepping beyond fossil fuels by developing green electrons, green hydrogen and green technology at scale, today announced FFI … [More]

Phoenix Children’s Appoints Chief Financial Officer

inbusinessPHX.com

Phoenix Children's, one of the nation's fastest-growing pediatric health systems, today announced the hire of Michelle Bruhn as executive vice president and chief financial officer. Bruhn, who assumed her position on July 17, will oversee finance, treasury, revenue cycle and managed care contracting. She also is directly responsible for fiscal policy, performance goals and … [More]

Home Prices Climb 2% from a Year Ago with Low Supply Fueling Competition, Not in Phoenix

inbusinessPHX.com

The typical U.S. home sold for $382,500 during the four weeks ending July 16, up 2.1% from a year earlier. That’s the biggest increase since December 2022 and the second straight price uptick after nearly five months of declines, according to a new report from Redfin, the technology-powered real estate brokerage. Prices are rising substantially in some metro areas, … [More]

How to Stay Safe during Extreme Heat: Safety Experts Provide Guidance for Arizona Workers

inbusinessPHX.com

As Arizona workers face life-threatening dangers from extreme heat driven by climate change, Arizona-based safety experts from the National Council for Occupational Safety and Health are providing guidance to workers, unions, workers centers and advocates on how to prevent heat illness. “Federal law is crystal clear,” said Katelyn Parady, a Phoenix-based worker health and … [More]

Funds Available for Small Businesses to Go ‘Green’

by Kimber Lanning, Andre Whittington and Danny Knee

As our country prepares to spend billions of dollars in new funding on environmental efforts, America is sitting on a gold mine in the fight against climate change, and we need to do something about it. The opportunity lies with small businesses. Many small-business owners want to be more environmentally friendly — and all are interested in saving money. Implementing … [More]

Brewery Debuts Renovation of Original Tempe Location

inbusinessPHX.com

Pedal Haus Brewery's Tempe location (730 S. Mill Ave.), which is the brand’s original restaurant that opened in 2015, has undergone a major renovation. “Having recently moved our production to a larger space in Chandler we are now completing our fourth renovation since opening almost eight years ago,” said Julian Wright founder of Pedal Haus Brewery. “It’s always exciting to … [More]

Set Jet to Become Public via Merger with Revelstone Capital

inbusinessPHX.com

Set Jet, Inc., a membership-based private jet charter program, and Revelstone Capital Acquisition Corp., a publicly traded special purpose acquisition company, announced that they have entered into a definitive agreement and plan of merger. Upon closing of the Proposed Business Combination, expected in the fourth quarter of 2023, the newly combined company will operate as Set … [More]

Two International Companies Select Phoenix for North American Headquarters

inbusinessPHX.com

Evie Networks, a leading Australian electric vehicle fast-charging company, and TCRT, a fire-retardant ballistic rubber and product manufacturer, have selected Phoenix, Arizona as the site of their North American headquarters. Evie Networks will establish electric vehicle charging stations across Arizona and expects to have its first U.S. sites up and running within 18 … [More]

Nikola and BayoTech Partner to Advance Zero-Emission Hydrogen Delivery

inbusinessPHX.com

Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via its HYLA brand, and BayoTech, Inc. (“BayoTech”), an innovator in hydrogen production, transportation and storage solutions, announced an agreement to advance reliable hydrogen supply for zero-emission commercial fuel cell electric vehicle fleets. The … [More]

Carvana Announces Agreement with Noteholders Meant to Reduce Total Debt

inbusinessPHX.com

Carvana Co., the fastest growing used car dealer in U.S. history, today announced that it entered into a transaction support agreement (the “Support Agreement”) with a group of noteholders representing over 90% of the aggregate principal amount outstanding of the Company’s existing senior unsecured notes. “The strong performance of our business in 2023 presented an … [More]

Chaos Isn’t a Bad Thing (and Eight Other Truths Leaders Need to Know)

by Gary Harpst

Twenty-first-century leaders are no strangers to chaos — and the last few years have underscored that truth. We ride nonstop waves of disruption and uncertainty in various forms: supply-chain upheavals, staff shortages, changing attitudes about work, wildly shifting workplace demographics and ever-evolving technology. And that’s not even counting the chaos that comes with the … [More]

Phoenix-Based Medical Practice Launches Reverse AFib Program to Treat and Manage Condition

inbusinessPHX.com

HealthspanMD’s new remote care program is aimed at one of the lesser-known aspects of atrial fibrillation, which impacts millions of Americans: it can be reversed. AFib refers to an irregular heartbeat, or arrhythmia. According to data compiled by the Centers for Disease Control, it contributes to nearly a half million hospitalizations annually and causes about one in seven … [More]

WebPT Unveils Communication Platform for Rehab Therapy Businesses

inbusinessPHX.com

WebPT, the industry-leading rehab therapy platform for enhancing patient care and fueling business growth, announced the launch of Message Manager—a communication platform that enables seamless and secure collaboration with any external healthcare provider. Designed to optimize operations and elevate care coordination for rehab therapy practices, Message Manager empowers … [More]

MLB to Produce and Distribute Diamondbacks Games, Removes Blackouts

inbusinessPHX.com

Major League Baseball will take over production and distribution of all Arizona Diamondbacks locally distributed games starting today, July 18 when the Diamondbacks face the Atlanta Braves at 7:20 p.m. EDT /4:20 p.m. MST. The new arrangement, which gives fans the option to watch on television or stream digitally, expands the availability of Diamondbacks games from approximately … [More]

Axis for Autism Opens Avondale Location, Expands Access to Care

inbusinessPHX.com

In a move that will improve access to autism care for West Valley families, Arizona-based Axis for Autism has opened a new clinic in Avondale at 12725 W. Indian School Road, Suite C102. The company, which has served families across Arizona since 2021, provides autism evaluations using a proprietary model that streamlines diagnoses and cuts wait times, ensuring families have … [More]

Charters Co. Launches Bus and Shuttle Fleet in Phoenix

inbusinessPHX.com

GOGO Charters, the premier national charter bus and shuttle brand, announced today its official launch servicing Phoenix. GOGO Charters will offer one-time and recurring group transportation services for a variety of trips, events and special occasions. GOGO Charters offers group transportation options for all trips. Whether you need to rent a bus for employee shuttles to … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events