Nikola Executes Second Purchase Agreement, Bringing the Total to $600 Million

Nikola Corporation

Nikola Corporation and Tumim Stone Capital LLC (Tumim) have entered into a second $300 million common stock equity line purchase agreement, providing Nikola the right to issue and sell to Tumim up to $600 million of Nikola's common stock in aggregate, subject to certain conditions and limitations “The equity lines with Tumim, together with estimated cash and cash … [More]

Local Tech Co. Receives Gold Stevie Award for Achievement in Product Innovation

Transact

Transact, the leader in innovative credential and payment solutions for a connected campus, today announced two wins in the 18th annual Stevie Awards for Women in Business. Transact won a Gold Stevie® Award for Achievement in Product Innovation, and Vice President of Product Management Erica Bass was named the winner of a Silver Stevie® Award in the Maverick of the Year … [More]

WEBINAR – Sep 29: Small Business Resources for Preparedness, Relief, Recovery, and Resiliency

U.S. Small Business Administration

The Small Business Administration (SBA) & Public Private Strategies Institute (PPSI) are providing educational opportunities for you to learn more about programs that will help your business get back on track. These sessions will take place every two weeks, starting next week and running through December 2021. This is part of an effort to ensure that American small … [More]

Chandler Business Center Sells for $19.1M

Commercial Properties, Inc.

Commercial Properties, Inc./CORFAC International, Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the investment sale of Chandler Business Center, a ±106,892 square foot, industrial/flex, multi-tenant property on a 10.63-acre site. ScanlanKemperBard purchased the property for $19,100,000 / $178.68 per square foot. Located at 6150 W … [More]

New CEO Named at Abrazo Central Campus

Abrazo Health

Omar Pineda, MSN, RN, has been named chief executive officer for Abrazo Central Campus and Abrazo Mesa Hospital. Pineda previously was Chief Operating Officer at Abrazo Arrowhead Campus in Glendale. As CEO, Pineda is responsible for hospital administration and strategy, building positive staff and physician relationships, quality management and patient satisfaction. “Omar … [More]

Glendale Veterinary Practice Creates ESOP, Bucking the Industry’s Corporate Consolidation Trend

1st Pet Veterinary Centers

In an industry where more than 20% of general veterinary practices and an estimated 70% of specialty practices are now owned by corporate groups, an Arizona veterinary practice is bucking the consolidation trend and maintaining its independence via an Employee Stock Ownership Plan (ESOP). An ESOP is an employee benefit plan that gives workers ownership interest in the … [More]

With Rising Number of Cyberattacks, Businesses Have to Know How to Handle IP Address Abuse

IXPO

Cyberattacks have been on a worrying upward trend, especially in recent months. A number of New Zealand’s banking and postal services have been hit by distributed denial-of-service (DDoS) attacks, rendering the services inaccessible and causing outrage among their customers, and Russia’s tech giant Yandex has fallen victim to the largest known DDoS attack to date. With the … [More]

Intel Breaks Ground on Two New Semiconductor Factories

inbusinessPHX.com

Intel broke ground on two new semiconductor fabrication facilities, or fabs, at the company’s Ocotillo campus in Chandler. In a groundbreaking ceremony attended by Governor Doug Ducey, local elected officials and community leaders, Intel CEO Pat Gelsinger celebrated the start of construction on the largest private investment in state history and reiterated the company’s … [More]

Real Estate Tech Co. Unveils Gen Z Home Buying Trends with National Survey

Homie

Homie, a disruptive real estate technology company changing the way homes are bought and sold, recently conducted and released a nationwide survey that reveals home buying trends and perspectives of the next generation of homebuyers, Gen Z. Key survey findings include: Gen Z is looking to change the way homes are bought and sold through technology. The majority of … [More]

New Shuttered Venue Operators Grant Milestone Reached: Supplemental Awards Begin

U.S. Small Business Administration

U.S. Small Business Administration (SBA) announced the SBA began supplemental award notifications to eligible applicants this week, through the Shuttered Venue Operators Grant (SVOG) program. Thus far, the SBA has awarded over $10 billion in economic relief to nearly 12,000 venues, providing a critical lifeline for theaters, live venues, and other entertainment and cultural … [More]

CVS Health Announces Availability of Pfizer-BioNTech Booster Shot to Eligible Populations

CVS

CVS Health announced that, following approval from the Centers for Disease Control and Prevention (CDC) based on guidance from the organization’s Advisory Committee on Immunization Practices (ACIP), select CVS Pharmacy and MinuteClinic locations are now offering the Pfizer-BioNTech COVID-19 booster shot to eligible populations beginning today, Friday, September 24. Following … [More]

Macayo’s Celebrates Official 75th Anniversary with Specials, Festivities and Much More, Sep 24 – 26

Macayo's Mexican Food

Macayo’s, originator of the popular chimichanga, has been a family favorite for diners craving traditional Mexican food since 1946. Now, 75 years later, Macayo’s is celebrating this anniversary milestone with an epic three-day extravaganza from Friday, September 24 through Sunday, September 26. Event highlights include food and drink specials, music and entertainment, at a … [More]

Gimme a Beat: Exciting and New from the Musical Instrument Museum

Musical Instrument Museum

Opening Soon! Beats Coffee Bar Open daily 9 a.m.–5 p.m. starting Friday, October 1 We are excited to announce the opening of Beats Coffee Bar on Friday, October 1. Beats Coffee Bar will feature a full menu of specialty roasted coffee, espresso, and tea drinks, along with pastries and other breakfast offerings, grab-and-go lunch options, wine, and beer. MIM’s full-service … [More]

Omni Tempe Hotel at ASU Breaks Ground, Opens Spring 2023

City of Tempe

Omni Hotels & Resorts broke ground on Omni Tempe Hotel at ASU, a 330-guest-room hotel, set to open in 2023, in the heart of downtown Tempe on the Arizona State University campus. Peter Strebel, president of Omni Hotel & Resorts, broke ground alongside Tempe Mayor Corey Woods, as well as ASU President Michael Crow, Regent Bill Ridenour and John Creer, vice president … [More]

Funds Available: Small Businesses Granted $250K in Direct Financial Assistance

Valley Metro

Valley Metro’s Small Business Financial Assistance Program pilot (SBFAP), launched this spring and has distributed more than $250,000 in direct financial assistance to 50 small businesses along light rail construction in Phoenix. “Thank you so much for the grant. This really has made a big difference during a rough year,” said Albert Bahram, owner of Crazy Jim’s in downtown … [More]

WEBINAR – Oct 7: The Workforce Employers Want

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. If you missed any sessions this week, watch here. SESSION 192: Thursday - October 7 | 9:00 AM The Workforce Employers Want This session will review the state’s workforce development system and the training opportunities for your employees. Workforce experts from the … [More]

WEBINAR – Oct 5: Packaged for Success: Cybersecurity tips and tricks

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. If you missed any sessions this week, watch here. SESSION 191: Tuesday - October 5 | 9:00 AM Packaged for Success: Cybersecurity tips and tricks You've worked hard to build a premium brand and reputation so it's important to prepare your company for resilience against … [More]

How to Live and Lead from a Place of Balance and Authenticity

inbusinessPHX.com

You’re on the perfect career trajectory. You live in a dream home with a view. You have a beautiful family, and your Insta is populated with pix from exotic locations around the world. Everything — at least on the surface — screams success. Inside, a battle wages. You’re supposed to be on cloud nine. Instead, you’re burned out, disconnected and just going through the motions. … [More]

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