Major Retailer’s Drone Delivery Takes Flight in Peoria and Glendale

inbusinessPHX.com

Santa’s sleigh may not be the only thing seen flying in the skies of Arizona. Walmart’s drone delivery service is now available for select customers in the Phoenix market. The new delivery option will be fulfilled from 4 stores, making it easier than ever for customers to grab those last-minute gifts. No assistance from Rudolph needed. This marks the first time customers in … [More]

Phoenix Commits to 100% Zero-Emission Bus Fleet by 2040

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Phoenix City Council voted 8-0 to transition 100% of the city’s bus fleet to zero-emission models by 2040. Phase 1 of this transition plan includes a moratorium on purchasing compressed natural gas (CNG) buses after 2024, thereafter purchasing only low- and zero-emission buses, including hybrid-electric, battery-electric, and fuel-cell-electric buses. This comes almost a … [More]

Credit Union Helps Homeless through $30,000 Grant

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OneAZ Credit Union and the OneAZ Community Foundation are proud to award a $30,000 Legacy Grant to Homeward Bound. This funding will support 160 families in the Phoenix area through Homeward Bound’s Shelter and Community Program. This program provides families experiencing homelessness with access to an array of services from financial education to youth programs. “Our … [More]

Grand Opening of Chandler Manufacturing Facility Means Hundreds of New Jobs

inbusinessPHX.com

Gummi World, a leading dietary supplement manufacturer, today celebrated the ribbon-cutting and grand opening ceremony for its new 55,000-square-foot dietary supplement manufacturing facility in Chandler, Arizona. Chandler Mayor Kevin Hartke, the Arizona Commerce Authority, along with the City of Chandler and community leaders joined Gummi World President Alexander Candelario … [More]

Agreement Announced to Supply Lithium-Ion Batteries for Lucid Air Luxury EVs

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Panasonic Energy Co., Ltd., a Panasonic Group company, and Lucid Group, Inc. announced they have entered into multi-year agreements to supply batteries for Lucid’s award-winning luxury electric vehicle, Lucid Air, the fastest-charging, longest-range EV on the market, and Lucid’s upcoming Gravity SUV. The agreement marks another milestone in Panasonic’s plans to expand … [More]

Bank Addresses the #1 Risk to Arizona Small Businesses: Cyberattacks

inbusinessPHX.com

Integro Bank announced that with cyber-attack risks representing the #1 threat to small businesses, it is now offering increased cyber risk protection to its clients. Business owners should be concerned that "53% of all cyber-attacks target small businesses and 60% of small businesses that are victims of a data breach, permanently close their doors within six … [More]

Strategic Alliance to Support Small Business Exporters and Financing Announced

inbusinessPHX.com

The U.S. Small Business Administration (SBA) announced the signing of the Strategic Alliance Memorandum (SAM) with BAFT (Bankers Association for Finance and Trade), the leading global financial services association for international transaction banking, which will formalize the SBA’s existing relationship with the association. BAFT and SBA strive to tackle challenges both … [More]

Three Reasons Why Owning a Business Is a Wealth Builder

by Candy Valentino

Starting a business is one of the few pillars of wealth that has a low barrier of entry. You don’t need an MBA, you don’t need a million dollars to start, and you don’t need some radical, life-changing idea. Regardless of where you are from, regardless of the education you have—entrepreneurship is for you. Although you may not think of building a business as a form of … [More]

City Council Approves Proposed $500M General Obligation (GO) Bond Program

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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ On Tuesday, Phoenix City Council voted to approve​ the proposed $500 million 2023 GO Bond Program as presented by the GO Bond Executive Committee. After three months of committee deliberation and extensive p​ublic input, the GO Bond Executive Committee recommended several projects and programs … [More]

Inflation Pressures Ease Slightly on Main Street but Remains the Top Business Problem

inbusinessPHX.com

Inflation remains the top business problem for small business owners, with 32% of owners reporting it as their single most important problem in operating their business, five points lower than July’s highest reading since the fourth quarter of 1979. The Small Business Optimism Index rose 0.6 points in November to 91.9. November’s reading is the 11th consecutive month below the … [More]

Healthcare Provider Partners to Provide Broader Urgent Care Options

inbusinessPHX.com

Redirect Health, a platform that creates and manages healthcare solutions and products that meaningfully improve access and affordability for businesses and employees, has partnered with NextCare, one of the nation's largest providers of urgent care and occupational medical services. The partnership brings together the benefits of NextCare's nationwide brick-and-mortar company … [More]

New App Connect Experts for Workers’ Comp Claims to Employers and Insurance Carriers

inbusinessPHX.com

Medplace, an app that connects hundreds of practicing physicians to organizations for medical peer review, case review, and expert witness testimony in all 50 states, announced a new workers' compensation case management platform that helps get Arizona workers back to work. The new app is for Arizona employers, insurance carriers, and legal counsel that need an … [More]

U.S. Inflation Cools in Latest Report

inbusinessPHX.com

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in November on a seasonally adjusted basis, after increasing 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.1 percent before seasonal adjustment. The index for shelter was by far the largest contributor to the … [More]

Beloved Valley Pizza Chain Raises $415k for Food Bank

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Barro’s Pizza did their part once again to help fight hunger in Arizona. On Tues., Dec. 6, 2022, Barro’s Pizza hosted the Eleventh Annual Doran Barro Holiday Hunger Fight which raised nearly than $415,000 for St. Mary’s Food Bank. “We can’t thank you customers enough for their loyalty and support this year and every year for the last 11 years,” said Mike Barro co-owner of … [More]

Twelve Piper Fellows Selected for Their Leadership and Impact in Maricopa County

inbusinessPHX.com

Twelve of Maricopa County’s outstanding nonprofit leaders were selected for Piper Trust’s 2022 Class of Piper Fellows. The newly selected class becomes part of the larger and enduring Piper Fellows network that is now a community of 102 Fellows. The 2022 Piper Fellows will participate in self-designed professional development “sabbaticals” focused on strengthening leadership … [More]

EV Manufacturer Celebrates Start of Electric Vehicle Production in Mesa

inbusinessPHX.com

ElectraMeccanica celebrated the start of production for the company’s electric vehicles, continuing Arizona’s manufacturing momentum following a week of major announcements from semiconductor and battery manufacturers. “Arizona and our thriving manufacturing ecosystem have made quite the statement over the last six days,” said Governor Ducey at the production facility … [More]

Greater Phoenix GDP More Than Doubles National Post-Pandemic Economic Growth

by Eric Jay Toll

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Greater Phoenix saw its annual gross domestic product climb 7.7 percent since 2019, the last full economic year before the pandemic, according to the Bureau of Economic Analysis and its 2021 County GDP Report released Dec. 8. The metro area’s growth rate was more than twice the national average for the same period, 2.9 percent, and … [More]

Report Demonstrates Progress in Valley Transportation from Proposition 400

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Valley residents have seen 410 new corridor miles of freeways, 252 miles of street projects, and millions of additional miles of bus service since the implementation of Proposition 400, according to new report by the Maricopa Association of Governments (MAG). The 2022 Annual Report on the Status of the Implementation of Proposition 400 details … [More]

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