Survey: 74% of Hotels Will Lay Off More Employees without Further Aid

American Hotel & Lodging Association

As devastated industries wait for Congress to pass another round of COVID-19 recovery legislation, a new surveyof American Hotel & Lodging Association (AHLA) members shows that the hotel industry remains on the brink of collapse because of the pandemic. Results show 68 percent of hotels have less than half of their typical, pre-crisis staff working full time, and without … [More]

With Jobs Eliminated Daily, Is Now the Right Time to Buy a Business?

By Terry Monroe

The economy and job market have been on a roller coaster since the pandemic hit in the early part of 2020. First, the stock market took a nosedive and reached some all-time lows, only to rebound to all-time highs. The same has occurred in the job market. First, we were experiencing the lowest unemployment in years, only to be followed by the highest unemployment since the … [More]

Organizations with a Culture of Connection Hold the Competitive Advantage, As Do Their Employees

inbusinessPHX.com

To prevent negative effects of social isolation employees might be experiencing during the COVID-19 pandemic, leaders should strive to build a culture of connection. In Connection Culture: The Competitive Advantage of Shared Identity, Empathy, and Understanding at Work, Second Edition (ATD Press, September 2020), leadership experts Michael Lee Stallard, Todd W. Hall, Katharine … [More]

Healthcare Startups Raised $111.4B in Total Funding, a 34% Jump Year-Over-Year

BuyShares

The coronavirus pandemic put enormous pressure on the healthcare industry, forcing pharmaceutical giants and institutions to roll out clinical trials for a COVID-19 vaccine at breakneck speed. But behind the COVID-19 outbreak as the main healthcare issue in 2020, large health systems and venture capital firms continued investing millions in startups whose products could bring … [More]

Remote Work Set to Nearly Triple in the Post-COVID World

XpertHR

New Providence, NJ (September 22, 2020) – The average percentage of employees who will work remotely at least part of the time is projected to nearly triple from 12% before the COVID-19 pandemic to 30% after the pandemic, according to 835 US employers responding to XpertHR’s Survey on Employer Response to COVID-19. During survey fielding—which was late July to mid-August … [More]

Engineering Firm Acquires Phoenix-Based Environmental Planning Group

Terracon

With a vision to expand its geographic presence and breadth of environmental services in the Southwestern U.S. and nationally, Terracon has announced the acquisition of Phoenix-based Environmental Planning Group (EPG). Terracon, a leading provider of environmental, facilities, geotechnical, and materials services, acquired EPG to provide additional regional support to … [More]

Home Equity Rises Despite the Pandemic: Homeowners Gained Over $620 Billion in Equity in Q2 2020

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the Home Equity Report for the second quarter of 2020. The report shows U.S. homeowners with mortgages (which account for roughly 63% of all properties) have seen their equity increase by 6.6% year over year. This represents a collective equity gain of $620 billion, … [More]

SAFETY: ADHS Encourages People to Seek Care in an Emergency and to Maintain Routine Medical Care

Arizona Department of Health Services

Arizonans have dramatically reduced the spread of COVID-19 by wearing masks, distancing, washing hands thoroughly, and taking other steps to protect themselves and the community. But it’s also important to continue seeking routine medical care such as wellness visits to primary healthcare providers, cancer screenings, managing chronic health conditions, and keeping children up … [More]

Republic Services Foundation Supports Neighborhood Revitalization amid Pandemic

Republic Services, Inc.

Amid the ongoing COVID-19 pandemic, Republic Services is finding innovative ways to support neighborhood revitalization efforts across the country through its charitable foundation's National Neighborhood Promise (NNP) program. In February, the Republic Services Charitable Foundation announced $2 million in grants to a total of 24 projects in communities where the Company's … [More]

Nonprofit Housing Counseling Agency Provides Guidance to Arizona Residents Looking to Purchase or Rent a Home

Take Charge America, Inc.

In response to ongoing economic impacts of COVID-19, Phoenix-based Take Charge America has made its one-on-one housing counseling services free through the end of October. “Whether facing eviction, shopping for a home in a tight market or experiencing anxiety about foreclosure or mortgage default, people are experiencing a wide range of struggles related to … [More]

WEBINAR – Sep 22 & 24: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

  UPCOMING SESSIONS   We're happy to announce Boot Camp sessions have been extended through the end of October! Please join us for the upcoming sessions. If you missed any sessions this week, watch here.   SESSION 82: TUESDAY - September 22 | 9:00 AM Top 10 Legal Mistakes That Can Hurt Your Business … [More]

Disrupt the Disruption: How Businesses Can Meet COVID-Forced Changes Head-On

inbusinessPHX.com

Businesses continue to navigate the changes that COVID-19 has wrought on the economy, rethinking how they serve customers, searching desperately for ways to cut spending, and trying to make long-term plans while ensuring short-term survival. But it’s worth remembering that change that disrupts the economy is nothing new – with or without a pandemic, says Juan Riboldi, an … [More]

Electrical Contracting Co. Announces Zero Tolerance for Prejudice Policy in Tempe Office

Rosendin

In response to recent acts of hate in the construction industry, Rosendin Holdings, Inc., the parent company to Rosendin and Modular Power Solutions (MPS), announced a Zero Tolerance for Discrimination policy.  This commitment addresses inequity in the construction industry and takes meaningful action to build a more inclusive culture where individuals are free from any form of … [More]

The Struggles of Small Business Don’t Bode Well for the Overall Economy

inbusinessPHX.com

The year 2020 can’t end quickly enough for most small business owners. Across the country, the pandemic forced many of them to close their operations temporarily – or permanently – and the continued economic uncertainty threatens to kill the ambitions of entrepreneurs who planned to launch businesses but now must put their dreams on hold. None of that bodes well for the … [More]

Nikola Board Chair Resigns, Vice Chair Steps in amid Controversy

Nikola Corporation

Nikola Corporation announced Sunday that Trevor Milton approached the Board of Directors and proposed to voluntarily step aside as Executive Chairman and from the Board. The Board accepted his proposal, and Stephen Girsky, former Vice Chairman of General Motors Co. and a member of Nikola’s Board, has been appointed Chairman of the Board, effective … [More]

Arizona Restaurant Week Dine In or Take Out, Sep 18 to 27

Rick McCartney

Arizona Restaurant Week has proven to be one of the most beloved and well-attended culinary events around the State. While it has been modified to meet new regulations due to COVID-19, Arizona Restaurant Week: Dine In or Take Out returns this fall for 10-days of culinary exploration from Friday, September 18 through Sunday, September 27. “We feel not only gratitude but also … [More]

World’s First Purpose-Built Art, Entertainment Complex, Now Open in Las Vegas

AREA15

AREA15, the world’s first purpose-built experiential art and entertainment complex, opened to the public on Thursday, Sept. 17, and reservations for opening weekend were fully booked within 24 hours of being released. While AREA15 is free to enter, pre-registration and masks are required at this time to manage capacities and ensure a safe environment for all guests. The … [More]

VIRTUAL EVENT – Sep 22 to 24: SBA National Small Business Week

U.S. Small Business Administration

As part of National Small Business Week, the U.S. Small Business Administration and cosponsors will host all virtual events September 22-24, 2020. This year’s National Small Business Week activities will include numerous educational panels providing retooling and innovative practices for entrepreneurs as our nation’s small businesses look to pivot and recover, contributing to a … [More]

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