Minority-Owned Businesses Are Rising Out of the Pandemic

by Ed Aaronson

According to the Arizona Hispanic Chamber of Commerce, minority-owned businesses are unique in that 56 percent are family-owned seeing an average revenue of $110,000 compared to non-minority-owned businesses that generate $500,000 on average per year.  The stakes are higher for minority-owned businesses in Arizona because the success of the family is directly tied to the … [More]

Winners and Finalists for the 2021 Governor’s Celebration of Innovation Awards Announced

Arizona Technology Council

Celebrating the visionaries, innovators and future leaders making critical contributions to technology, bioscience and education across Arizona, the Arizona Technology Council and the Arizona Commerce Authority have announced winners of the Future Innovators of the Year and Teacher of the Year awards, as well as individual and company award finalists for the 2021 Governor’s … [More]

Up to 47,000 Arizona Jobs at Risk Due to Proposed International Tax Hikes

inbusinessPHX.com

An international tax increase on U.S. multinational companies operating in Arizona could create substantial economic uncertainty — and place up to 47,000 Arizona jobs at risk over the next five years. This is the conclusion of a recent report, co-authored by Arizona State University’s Seidman Research Institute and Ernst & Young’s Quantitative Economics and Statistics Team … [More]

Beyond Mentoring: The 3 C’s – Coaches, Champions & Cardinals

by Jill J. Johnson, MBA

People who achieve career success often talk about having had a mentor who guided their career. Whether the mentoring relationship evolves naturally or is a planned relationship, it provides a sustained link between the two individuals. Everyone needs help learning new skills and imagining things they could have never conceived of on their own. Yet there are three other types … [More]

CPI for All Items Rises 0.3% in August: Gasoline, Food, Shelter among Indexes Rising

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in August on a seasonally adjusted basis after rising 0.5 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 5.3 percent before seasonal adjustment. The indexes for gasoline, household furnishings and operations, food, and … [More]

The Wild Start-Up Ride: How Entrepreneurs Can Stay Up through the Downs 

inbusinessPHX.com

The COVID-19 pandemic shut down brick-and-mortar businesses all across America through parts of 2020, but surprisingly, it blew the doors wide open for start-ups. Americans filed paperwork to start 4.3 million businesses last year, the most since the United States Census Bureau began tracking new business creation in 2004, and the momentum continued through the first half of … [More]

Fintech Firm Expands Presence at Renaissance Square

inbusinessPHX.com

Upgrade, Inc., a San Francisco-based fintech company, is expanding its Arizona operations at Ren Square in Downtown Phoenix. It is the third time Upgrade has added space since it moved into Renaissance Square in 2017. During this latest expansion, the company is leasing two additional floors, totaling 39,144 square feet of space, at the newly-renovated Renaissance Square … [More]

Piper Charitable Trust Awards $123 Million in Surprise Grants to 71 Nonprofits: The Largest Single-Day Grant Initiative in Arizona History

inbusinessPHX.com

Trustees of Virginia G. Piper Charitable Trust today awarded a total of $123 million in surprise grants to 71 Arizona nonprofits—the largest single-day grant initiative in Arizona’s history. The grants were presented to the 71 awardees throughout the day on September 13, 2021—as a complete surprise. Trustees personally met with the CEOs and Board Chairs of the 71 … [More]

University of Phoenix Collaborates with CareerStep to Create Integrated Learning Pathways in Healthcare

University of Phoenix

University of Phoenix is participating in the SHRM Conference, West Hall, Booth #12063, and is sharing how an agreement with CareerStep, the allied health training division of Carrus, provides learning pathways for those seeking opportunities to upskill and enhance their careers in allied health. Through this agreement with the University, CareerStep can also provide interested … [More]

Cerberus to Acquire Brooklyn Bedding and Helix Sleep to Form a Leading DTC Mattress Platform

inbusinessPHX.com

Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), Phoenix-based Brooklyn Bedding LLC , and Helix Sleep, Inc. announced the signing of definitive agreements pursuant to which an affiliate of Cerberus will acquire each of Brooklyn Bedding and Helix in a series of related transactions. Upon completion of the transactions, the businesses will operate … [More]

CA Ventures Buys Phoenix MOB for $33M

by Tudor Scolca

Chicago-based CA Ventures has entered the Gilbert, Ariz., medical office market with the purchase of Copper Point. The investor paid $33 million for the property in an off-market transaction. West Coast Capital Partners sold the property, which was 96 percent occupied at the time of the sale. A Newmark team of Kathleen Morgan and Trisha Talbot negotiated on behalf of West … [More]

Logistics Co. to Hire 250 Seasonal Workers in Phoenix to Prepare for Peak Season

GEODIS

Global leading transport and logistics provider GEODIS announced plans to hire 250 seasonal workers in Phoenix, Ariz., in preparation for peak season. In total, GEODIS aims to hire 4,200 seasonal employees across its U.S. campuses to bolster its warehousing and distribution center capabilities through 2021 as online shopping continues to surge to record heights. eMarketer … [More]

An Entrepreneur’s Journey of Risk, Resilience and Rewards

by James Webb

My big career change came at the height of my former career. I had a calling, one that arose from my belief in opportunity and an innate trust in my gut instinct when it came to life-altering decisions. I was 38 and chief operating officer/president of a medical imaging company in South Florida. A physician friend asked me if I thought our company would want to be one of the … [More]

Cooper’s Hawk Winery and Restaurant Announces the Grand Opening of Its Second Valley Location in Chandler

Cooper’s Hawk Winery and Restaurant

Cooper’s Hawk Winery & Restaurants, a lifestyle brand ranked among the largest U.S. wineries, brings its unique blend of a full restaurant inside a winery setting to Chandler. Its doors open to the public on Monday, September 27 at 11am for lunch with last seating at 9 pm. Cooper’s Hawk brings its modern, casual dining experience in an inviting upscale setting to the … [More]

Arizona Resort Makes the 2021 Top 25 Historic Hotels of America Most Historic Golf Courses List

Historic Hotels of America

Historic Hotels of America® has a unique collection of the most beautiful, prestigious, and iconic golf courses where many champions have learned to play golf, competed, and made history. Many of these golf courses were designed in the late 19th and early 20th century, often referred to as the “Golden Age” of golf course architecture. These historic golf courses were designed … [More]

Gilbert-Based Footprint Announces R&D Center, Hiring in Europe

Footprint

Gilbert-based Footprint, a global materials science technology company focused on creating a healthy planet, today announced plans for a European R&D center in Eindhoven, The Netherlands and new European leadership. Located at Brainport Industries Campus (BIC), the Footprint R&D Center will feature a prototype and test lab, research facility and a primary hub … [More]

First-of Its-Kind Financial Products Platform and Marketplace to Serve Hispanic Community Launches

Crediverso

Crediverso, the Hispanic-owned personal finance products company, today has launched a first-of-its-kind bilingual platform and a financial products marketplace tool to serve the 62M+ Hispanic consumers in the U.S., who are 2-3x more likely to be underbanked than the rest of the population. The free and all-inclusive bilingual digital platform is 100% designed for and fully … [More]

Are You Behind in Saving for Retirement? Tips to Get Each Generation on Track

inbusinessPHX.com

The data: A survey shows nearly six in 10 workers save less than 10% of their income, and most over age 40 aren’t putting enough money away to build sufficient retirement savings. The question: What are some dynamics about saving that different age groups should think about when putting aside money for retirement? Expert’s take: “People should start saving for retirement … [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