Fintech Mortgage Lender Establishes West Coast Headquarters in Phoenix

Wyndham Capital Mortgage

Charlotte-based Wyndham Capital Mortgage, a leading Fintech mortgage lender, announced the opening of a new sales center in Phoenix today. Located in the Biltmore Financial District, the Phoenix location has been ramping up since January 2021. The new center will serve as one of Wyndham Capital’s West Coast headquarters where the company plans to triple its current staff size … [More]

U.S. Jobless Claims Fall to New Pandemic Low

U.S. Department of Labor

In the week ending July 10, the advance figure for seasonally adjusted initial claims was 360,000, a decrease of 26,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week's level was revised up by 13,000 from 373,000 to 386,000. The 4-week moving average was 382,500, a decrease of … [More]

SpotRx Launches New Compliance Packaging Solutions

inbusinessPHX.com

MedAvail Holdings, Inc., a technology-enabled retail pharmacy company, announced that Phoenix-based SpotRx has launched its compliance packaging solutions, allowing chronic care patients to receive more innovative and efficient pharmacy care from their homes. The company is currently working with clinic partners to identify current patients or patients who could … [More]

Native American/Latina-Owned Media Company Launches Native+ Marketplace 

SmokeFire Media

Native+ Marketplace will officially launch and business owners across Arizona, and nationally, will be connected to one another. Utilizing SmokeFire Media’s proprietary Cultural Manifesto process, the Native+ community seeks to create and continually refine what it means to innovate from a cultural lens. “Native+ is more than just a marketplace; we’re going to define a … [More]

How the 50-Plus Set Find Startup Success

inbusinessPHX.com

Though younger generations are driving the American economic engine, that doesn’t mean the best days are behind older workers who are considering starting their own business. Research shows that first-time entrepreneurs in their 50s and 60s do as well and sometimes better than younger people who founded a startup. And one study found that a 50-year-old entrepreneur was almost … [More]

ON Semiconductor Intelligent Sensing Technology Enables the First Fully Driverless RoboTaxi

ON Semiconductor

ON Semiconductor, announced that its image sensing and LiDAR technologies power key functions of AutoX’s Gen5 self-driving platform. Revealed at the World Artificial Intelligence Conference, the new Gen5 autonomous vehicle technology enables the first fully driverless RoboTaxi, designed to democratize autonomy and provide universal access to the transportation of people and … [More]

ASU’s Novus Innovation Corridor Has Created $1.86B in Economic Impact

inbusinessPHX.com

The Novus Innovation Corridor, a 355-acre, multi-phased urban mixed-use development on the Tempe campus of Arizona State University will have significant economic impact on the greater Phoenix area as projected by ASU’s Seidman Research Institute (Seidman). Construction of completed and currently active projects in Novus will generate an economic impact of $1.86 billion*. … [More]

Partnership Increases Access to Mental Health Care in Arizona 

Blue Cross Blue Shield of Arizona

Blue Cross Blue Shield of Arizona (BCBSAZ) and Quartet Health (Quartet) announce they will join forces to help increase access to mental health care in Arizona, starting in Maricopa County. Quartet’s technology platform will make it easier for patients with Blue Cross Blue Shield of Arizona health insurance to quickly connect with mental health care services, including a … [More]

Bubbies Ice Cream Launches Plant-Based Offerings with New Vegan Retail Boxes

Bubbies Ice Cream

Bubbies Ice Cream, the iconic and number one mochi brand in the natural channel according to SPINS*, today announced the debut of three new non-dairy mochi flavors in 6-pack retail boxes: Vegan Strawberry Mochi, Vegan Chocolate Mochi, and a newly created flavor, Vegan Mango Mochi. Made with a base of coconut milk and wrapped in sweet mochi dough, the new varieties are now … [More]

Revolutionary Pest Control Product Available for Homeowner Application for the First Time

AVERZION

AVERZION, a revolutionary pest control technology that uses a one-time, clear coat formula to stop scorpions from entering any structure, is now available at all five Phoenix-area Bug & Weed Mart locations, making the product available for the first time to homeowners for DIY application. “We want every home in Arizona to be protected against scorpions, and we’re excited … [More]

2021 Data Trends: Big Picture Trends Happening in the Data Analytics Market

by Doug Perez

Data is everywhere these days—literally. Most of us are generating voluminous streams of data simply by living our lives. By interacting with our devices, making purchases, and staying connected with others, we generate nearly constant streams of data. However, just having a great deal of data is worthless if the data has no meaning. In response to the ever-growing pool of data … [More]

Arizonans Helping Researchers Better Understand COVID-19

inbusinessPHX.com

A new antibody testing study examining samples originally collected through the National Institutes of Health’s All of Us Research Program found evidence of SARS-CoV-2 infections in five states earlier than initially reported. Researchers at Johns Hopkins University led the study that analyzed more than 24,000 stored blood samples contributed between Jan. 2 and March 18, … [More]

Phoenix Recognized as One of the Best American Cities

inbusinessPHX.com

Phoenix has achieved 2021 What Works Cities Certification, the national standard of excellence in data-driven city governance. What Works Cities Certification evaluates how well cities are managed by measuring the extent to which city leaders incorporate data and evidence in their decision-making. Phoenix has advanced to the Gold level (from the Silver level in 2020) as part … [More]

Hotel Industry Launches ‘Hotels are Hiring’ Ad Campaign to Fill Open Jobs

inbusinessPHX.com

To help fill thousands of open hotel jobs and communicate the benefits of a career in the hotel industry, today the American Hotel & Lodging Association (AHLA) and its charitable giving arm, the American Hotel & Lodging Foundation (AHLA Foundation) announced a new advertising campaign across five major hotel markets. The new advertisement will run until early August … [More]

$101.1M in Federal American Rescue Plan Funding to Launch the ‘Visit Arizona Initiative’

inbusinessPHX.com

Governor Doug Ducey announced $101.1 million in federal American Rescue Plan funding to launch the Visit Arizona Initiative, a bold program designed to increase visitation and tourism spending in Arizona, bolster job creation and accelerate economic recovery. "Tourism is essential for Arizona's booming economy and job growth," said Governor Ducey. "When visitors from across … [More]

Homebuyer Competition Eases in June as More Homes Hit the Market

inbusinessPHX.com

In June, 65% of home offers written by Redfin agents faced competition, down from a revised rate of 72.1% in May and a pandemic peak of 74.1% in April, according to a new report from Redfin, the technology-powered real estate brokerage. Still, that's higher than the 56.8% bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a … [More]

Mesa Air to Invest in Heart Aerospace, Orders 100 All-Electric Aircraft

Mesa Air Group, Inc.

Mesa Air Group, Inc. announces that it has made an investment in electric aircraft company, Heart Aerospace (“Heart”), a company that plans to be the first to produce the world’s first electric nineteen-seat ES-19 aircraft, alongside Breakthrough Energy Ventures and United Airlines Ventures. Subject to certain terms, Mesa also plans to add 100 ES-19 aircraft to its regional … [More]

Virtuous Announces $18M to Support Its Rapid Growth Trajectory

Virtuous

Virtuous, the world's leading responsive fundraising platform for nonprofits, has just closed an $18M Series B investment round led by Atlanta-based Fulcrum Equity Partners, one of the leading growth equity funds in the Southeast. Existing investors MATH Venture Partners, Seven Peaks Ventures and PHX Venture Partners also participated in the round. The funding will support the … [More]

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