MIT Sloan Study Finds Gig Economy Serves as a Safety Net for Unemployed

inbusinessPHX.com

When workers are laid-off, they often seek the safety net of unemployment benefits or accumulate personal debt. This is a particularly critical issue now, during the COVID-19 pandemic when unemployment rates reached nearly 15% last April. A recent study by MIT Sloan School of Management Visiting Prof. Jordan Nickerson found that the gig economy can have a “profound impact” on … [More]

JPMorgan Chase Commits $30 Billion to Advance Racial Equity, Releases Five Year Plan

JPMorgan Chase

JPMorgan Chase announced new long-term commitments to advance racial equity. The firm will harness its expertise in business, policy and philanthropy and commit an additional $30 billion over the next five years to provide economic opportunity to underserved communities, especially the Black and Latinx communities. Structural barriers in the U.S. have created profound racial … [More]

Arizona Nonprofits Projecting Difficult Futures Without Additional Federal Support during Pandemic

Alliance of Arizona Nonprofits

The impact of the COVID-19 pandemic continues to create major challenges for Arizona nonprofits both financially and operationally according to the latest Alliance of Arizona Nonprofits Pulse Poll. The poll, conducted from Sept. 23 to Oct. 6, generated more than 200 responses from nonprofit organizations serving communities across Arizona. Among the outcomes: Without … [More]

Big Film Year in Phoenix Back on Track Despite Pandemic Impacts

Phoenix Film Office

On track for its best-ever year at the beginning of March, Phoenix earned record revenue from film, television and digital media productions. Then Covid-19 hit, and the industry came to a screeching halt. That busy period from the end of 2019 into early 2020 leading up to the health emergency made up for the next two “lost” months.  Despite the pandemic, it was a good year for … [More]

New Report: Arizona Ranks Third for Economic Momentum

State of Arizona Office of the Governor

Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports. The report ranks states’ economic momentum based on growth in personal income, employment and population. Arizona ranked in the top four for employment growth and population growth. Arizona is tied for third with Montana. “Arizona’s economy was one of the hottest … [More]

CDC Report Shows How Wearing Masks and Closing Bars Dramatically Cut the Rate of COVID-19 Infections in Arizona

inbusinessPHX.com

Wear a mask and close the bars. That's the verdict from a new report by the Centers for Disease Control and Prevention, out Tuesday, which highlights how these two actions — taken together — are critical to fighting COVID-19, the disease caused by the novel coronavirus. The report details how both bar closures and mask mandates were likely major factors that helped … [More]

Survey: Following Lean Summer, Companies Reunite with Out-of-House Marketing Partners

inbusinessPHX.com

Adtaxi, one of the country’s fastest-growing digital marketing agencies, today released the results of its latest report, Understanding Buyers and Effective Ad Spend in the COVID Economy. Polling 65 companies, the survey shows how businesses tightened their belts at the height of the crisis: whereas 54% used a third party for media buys in Q4 2019, this percentage dropped to … [More]

Green Light for Arizona’s First New Community Bank in 12 Years

Scottsdale Community Bank

Scottsdale Community Bank (in organization) has received conditional approval from the Federal Deposit Insurance Corporation (FDIC) to establish Arizona’s first new community bank in 12 years. “This is a very exciting achievement for our outstanding organization and is a strong signal for positive economic development in the City of Scottsdale and the State of Arizona, … [More]

Arizona Science Center Announces the Departure of its President and CEO

inbusinessPHX.com

Arizona Science Center Board of Trustees announced today that Chevy Humphrey will leave her role as President and CEO, effective December 31, 2020. Humphrey first joined the Science Center in 1998 and became CEO in 2005. In her new role, Humphrey will be the first woman and Black American to lead the Museum of Science and Industry, Chicago. “Chevy has played a critical role … [More]

One In Five Small Businesses Anticipate Having to Lay Off Employees in Next Six Months

NFIB

NFIB’s Research Center released the latest survey relating to COVID-19 and its impact on the small business economy. The majority of Paycheck Protection Program (PPP) borrowers have used all of their loans and are preparing to apply for forgiveness. “It has been over six months from the onset of the health crisis and economic shutdowns and small businesses are … [More]

ON Semiconductor Introduces New High Performance Vision-Based System Technology

ON Semiconductor

ON Semiconductor, driving energy efficient innovations, has introduced the AR0234CS 2.3 Mp CMOS image sensor with global shutter technology. The high-performance sensor is designed for a variety of applications including machine vision cameras, AR/VR/MR headsets, autonomous mobile robots (AMRs) and barcode readers. The AR0234CS captures 1080p video and single frames … [More]

Phoenix Children’s Expands Nationally-Ranked Neonatology Program

Phoenix Children’s Hospital

Phoenix Children’s Medical Group is pleased to welcome nine new providers to its nationally ranked Neonatology program. These providers will serve Phoenix’s growing East Valley and expand the enterprise’s top-ranked neonatology services across Phoenix. Ranked among the top 20 neonatology programs in the United States, Phoenix Children’s NICU and neonatology services support … [More]

EN NEGOCIOS: ¿Se siente perdido durante COVID-19? 7 preguntas para descubrir su propósito y encontrar dirección

por Edgar R. Olivo

En algunos entornos empresariales, discutir bienestar mental y cómo COVID-19 nos ha hecho sentir todo tipo de cosas como la incertidumbre, la frustración, el miedo y el estrés está comenzando a ser menos tabú. Sin embargo, incluso en tiempos turbulentos, se espera que los profesionales sepan exactamente cuál es su propósito en todo momento para sentirse importantes o … [More]

Feeling Lost during COVID-19? 7 Questions to Uncover Your Purpose & Gain Direction

by Edgar R. Olivo

In some business environments, discussing mental wellness and how COVID-19 has made us all feel all kinds of things such as uncertainty, frustration, fear and stress is starting to be less taboo. Yet, even in turbulent times, professionals are expected to know exactly what their purpose is at all times to feel important or risk losing face. This causes an unnecessary burden of … [More]

Popular L.A. Massage Concept Set to Open First Arizona Location

inbusinessPHX.com

The NOW Massage, a wellness brand transforming the therapeutic massage space, announces plans for its first Arizona location in Scottsdale. The NOW Massage boutique will be located within The Shops at Zocallo, near Scottsdale Quarter and Kierland Commons, at 15435 North Scottsdale Road and is expected to open this winter. “We are excited to open our first Arizona boutique … [More]

WEBINAR – Oct 22: Virtual Construction Sales Tax Conference 2020

Lewis Roca Rothgerber Christie LLP

Lewis Roca Rothgerber Christie will host the annual Construction Sales Tax Conference on Thursday, October 22, 2020. The firm’s tax attorneys, Pat Derdenger and Karen Lowell will be presenting this conference virtually and the topics of discussion will include: A recap of the AZ Prime Contracting Sales Tax Structure How do you know when you have an MRRA project and what … [More]

Arizona Leads the West in Income Growth

inbusinessPHX.com

Arizona’s median household income rose by 15.2% over the latest three-year recording period, according to new data from the U.S. Census Bureau. That was the highest growth among western and mountain states, and higher than Texas and Florida. The Census data, which compares income growth averaged between 2014-2016 and 2017-2019, indicates that the median household income in … [More]

Arizona Historical Society Announces Fall Reopening Plans

Arizona Historical Society

The Arizona Historical Society is pleased to announce its reopening timeline for the Arizona Heritage Center at Papago Park in Tempe. The reopening includes policies and procedures for guests, visitors, and staff based on current guidelines from the Arizona Department of Health Services and Centers for Disease Control and Prevention. The Arizona Heritage Center at Papago … [More]

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