Arizona Adds Nearly 80,000 Jobs in August, Unemployment Drops to 5.9%

State of Arizona Office of the Governor

Arizona’s economy posted strong gains in August, adding nearly 80,000 jobs over the month. The state’s unemployment rate dropped to 5.9%, down from 10.7% in July and lower than the U.S. overall rate of 8.4%. During August, the private sector in Arizona recorded a gain of 30,400 jobs, which is 12,200 more jobs than the ten year average for the month. Gains were posted across … [More]

ELC 2020 Mid-Level Managers’ Symposium to Applify Success of Black Professionals

Executive Leadership Council

Two-day virtual leadership development experience features powerful lineup of leaders from business, politics and entertainment, including Common, Misty Copeland, Ta-Nehisi Coates, April Ryan, Michael Eric Dyson, Bakari Sellers, Elaine Welteroth, Dr. Ibram X. Kendi, Sybrina Fulton and many more! The Executive Leadership Council (ELC) is the preeminent membership organization … [More]

Nikola Works to Set Record Straight on False and Misleading Short Seller Report

Nikola Corporation

Nikola Corporation (NASDAQ: NKLA) (“the Company”) today issued the following statement commenting on a false and defamatory report published September 10, 2020, by Hindenburg Research (“Hindenburg”): Nikola believes that the Hindenburg report, and the opportunistic timing of its publication shortly after announcement of Nikola’s partnership with General Motors … [More]

Leading WooCommerce Product Developer to Bolster GoDaddy’s WordPress eCommerce Portfolio

GoDaddy

GoDaddy Inc., the company that empowers everyday entrepreneurs, today announced it has entered into a definitive agreement to acquire SkyVerge, a leading WooCommerce product developer. Financial details of the transaction were not disclosed. GoDaddy is committed to helping entrepreneurs succeed online with high-performance WooCommerce stores that are feature-filled and … [More]

Global Investment Firm Acquires Industrial Distribution Property in Phoenix

KKR

KKR, a leading global investment firm based in New York, announced the acquisition of an industrial distribution property in Phoenix, Arizona for a purchase price of approximately $43 million. The asset is the third industrial property acquired by KKR’s core plus real estate strategy. The property is a state of the art fulfillment center completed in 2019 and was … [More]

U.S. Home Prices Rise During First Six Months of Pandemic

Radian HPI

Home prices across the United States continued to climb in August, rising at an annualized 8.6 percent from the prior month, the second highest month-over-month rate of 2020, according to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, LLC, a Radian Group Inc. company (NYSE: RDN). The Radian HPI is the most comprehensive and timely measure of U.S. … [More]

Weekly Jobless Claims Fell Last Week, Layoffs Continue at Extraordinarily High Levels

U.S. Department of Labor

In the week ending September 12, the advance figure for seasonally adjusted initial claims was 860,000, a decrease of 33,000 from the previous week's revised level. The previous week's level was revised up by 9,000 from 884,000 to 893,000. The 4-week moving average was 912,000, a decrease of 61,000 from the previous week's revised average. The previous week's average was … [More]

Two-Way Texting Platform to Overcome Open Enrollment Challenges During COVID-19

Dialog Health

Dialog Health, a two-way texting platform that enables information to be pushed to and pulled from staff, announces it is expanding support for organizations adding text messaging to improve employee engagement during open enrollment. With many employers adopting telecommuting and reducing on-site, face-to-face interactions to comply with social distancing guidelines and … [More]

PayPal Hit 3.7 Billion Transactions and 346 Million Active Users in Q2 2020

inbusinessPHX.com

Recent years have witnessed a surge in the adoption of digital payments worldwide, driven by the rising number of smart devices and the booming eCommerce market. As one of the first and most significant players in the digital payments landscape, PayPal has played a huge role in building a cashless society. According to data gathered by StockApps.com, PayPal hit 346 million … [More]

Record-Breaking Industry Research Effort Demonstrates the Global Growth of Coaching

International Coaching Federation

The International Coaching Federation (ICF) has released its newest piece of industry research, the 2020 ICF Global Coaching Study. The 2020 Global Coaching Study is the largest coaching industry research study ever. It incorporates a record-breaking 22,457 valid survey responses from coaches and managers and leaders who are using coaching skills in 161 countries and … [More]

Sundt Earns Best Projet Award fro Light Rail Extension

Sundt Construction, Inc.

Engineering News-Record (ENR) Southwest selected Valley Metro’s Gilbert Road Light Rail extension as the best project in its highway/bridges category. ENR is the construction industry’s principal trade publication. “Our team, along with our partner Stacy and Witbeck, are very proud of this achievement,” said Chris Elison, Project Manager for Sundt’s Transportation Group. … [More]

Kate Morris Named President and General Manager at KPNX, Channel 12 

TEGNA Inc.

TEGNA Inc.  announced today that Kate Morris has been named president and general manager at KPNX, the NBC affiliate in Phoenix, Arizona, effective September 28. “We are proud to see these leaders take on new responsibilities,” said Lynn Beall, executive vice president and COO for media operations, TEGNA. “Kate’s exceptional leadership, passion for storytelling, focus on … [More]

Booming Arizona Town Migrates Workforce Technology to the Cloud, Launches Workforce Management Solution

Kronos Incorporated

Kronos Incorporated today announced that Gilbert, Arizona – a high-performing service organization and one of the fastest-growing communities in the U.S. – is migrating to the cloud-native Workforce Dimensions suite from Kronos. The AI-powered, mobile-first workforce management solution aligns with broader digital transformation efforts in progress throughout Gilbert and … [More]

New SBA Web Tool Helps with Market Research for Businesses

U.S. Small Business Administration

Small business owners and start-ups across the country can now take advantage of a new business tool to help them compete and grow. The free tool, called SizeUp, helps businesses identify new customers and compare their performance against other businesses in their industry with data collected from hundreds of private and public sources. "Market research and analysis is … [More]

500 U.S. Companies File for Bankruptcy and More Expected, says GlobalData

GlobalData

Amid the financial and economic crisis triggered by COVID-19, around 500 businesses have filed for bankruptcy since March 2020 and the trend is only set to persist in the coming months, says GlobalData, a leading data analytics company. Bindi Patel, Economic Research Analyst at GlobalData, says: “An increasing number of US companies are filing for bankruptcy. Various … [More]

Digital Platform for Optometrists Allows Patients to Safely Interact with Doctors

Opti-Xpres

In an effort to make eyecare safer and easier for both optometrists and their patients, a digital platform called Opti-Xpres has launched nationwide to help with patient onboarding, outreach, EHR synchronization, and provide a contactless glasses frame try-on feature that currently provides the highest accuracy on the market. The application allows doctors to customize an app … [More]

Local Security Consulting Firm Enhances Expertise with Acquisition

Avertium Cybersecurity Experts

Avertium, an industry-leading managed security and strategic consulting partner to mid-to-large enterprises, today announced the acquisition of 1440 Security, a nationally recognized managed security service provider with a Colorado-based 24/7 security operations center. This acquisition enhances Avertium’s extended detection and response (XDR) approach, and advanced threat … [More]

Major Healthcare Services Co. Launches New Brand for Innovative and Flexible Health Service Solutions

Cigna

Cigna Corporation announces the launch of Evernorth, a new brand for its growing, high-performing health services portfolio. Evernorth will accelerate delivery of innovative and flexible solutions to meet the diverse needs of health plans, employers, and government organizations. Tim Wentworth will serve as Chief Executive Officer of Evernorth, to bring together Cigna's vast … [More]

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