Economic Average Uncovers a Drop in Total Business Closures, Rise in Permanent Closures

Yelp

Yelp Inc., the company that connects people with great local businesses, today released second quarter data for the Yelp Economic Average (YEA) report, a benchmark of local economic strength in the U.S., which has been adapted to reveal the dramatic impact COVID-19 has had on local economies. YEA uncovers longer term trends, including a correlation between increased interest in … [More]

Transportation Leader in Zero-Emissions Solutions Breaks Ground on Factory in Coolidge, AZ

Nikola Corporation

Nikola Corporation, a global transportation leader in zero-emissions and infrastructure solutions, is one step closer to bringing a 1 million-square-foot manufacturing facility to Coolidge, Ariz. following an official groundbreaking ceremony on its approximate 430-acre parcel. The ceremony included speakers from Nikola’s executive team Trevor Milton, founder and executive … [More]

Bank Celebrates the Return of Baseball with New Program That Strengthens Local Communities

Bank of America

As the Official Bank of Major League Baseball (MLB), Bank of America today marked the return of baseball with the launch of Let’s Rally – a new program that brings fans together to celebrate the sport’s return. This season, each time an MLB team rallies from behind in a late inning, Bank of America will donate $10,000, and will give up to $1 million, to Boys & … [More]

Weekly Jobless Claims Up to 1.4 Million, First Rise in Four Months

U.S. Department of Labor

In the week ending July 18, the advance figure for seasonally adjusted initial claims was 1,416,000, an increase of 109,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 1,300,000 to 1,307,000. The 4-week moving average was 1,360,250, a decrease of 16,500 from the previous week's revised average. The previous week's average was … [More]

Media Production Company Says Dynamic Market Opportunities to Come

ZUMA FILMS 

Excess business inventory and pent-up consumer demand will create dynamic market opportunities as the economy reopens. At a time when Americans rely more than ever on technology to work, shop and play, a marketing strategy built around the power of video can deliver an impressive return on investment. “Effectively positioning your business product or service has never been … [More]

BBB Serving the Pacific Southwest Hosts Virtual Industrious Women’s Summit  

BBB Serving the Pacific Southwest

Women-owned businesses generate millions of jobs, resulting in trillions in revenue, year after year. These women are traditionally in male-dominated industries, and Better Business Bureau Serving the Pacific Southwest (BBB) is here to elevate their expertise and facilitate a learning platform for others. On August 21, BBB is proud to host the 3rd Annual Industrious Women’s … [More]

How Entrepreneurs Can Find Business Opportunities during a Pandemic and a Recession

by Edgar R. Olivo

Having worked with countless entrepreneurs in a wide range of industries and sizes, I’ve seen that resiliency and grit are the cornerstones to every successful venture, and when it comes to starting over, in my opinion, entrepreneurs may be the best at pivoting under challenging times. But with all the bad news flooding our screens about the state of our public health and … [More]

Mobile Sanitizing and Disinfecting Co. Expands to Phoenix

Germinator Mobile Sanitizing and Disinfecting

Continuing on its rapid national expansion - Germinator Mobile Sanitizing and Disinfecting - a broad-spectrum sanitization, disinfection and deodorization provider with unique extended protection, is proud to announce it has opened doors in Phoenix. The 19th Germinator franchise to launch since February, Germinator Phoenix will offer door-to-door sanitizing and disinfecting … [More]

U.S. Department of Commerce Invests $852,000 to Spur Industrial Growth in Yuma, Arizona

U.S. Economic Development Administration

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $852,000 grant to the city of Yuma, Arizona, to construct a sewer system to serve an industrial area that will support commercial and industrial business enterprises. This EDA grant, to be matched with $213,000 in local funds, is expected to create 500 jobs and generate $50 million in … [More]

Global Semiconductor Co. Provides New Security Tools

Rick McCartney

ON Semiconductor, driving energy efficient innovations, today announced the immediate availability of Veridify’s Public Key security tools for the RSL10, the industry’s lowest power Flash-based Bluetooth® Low Energy radio System on Chip (SoC). Veridify Security’s tools are available in a CMSIS-Pack, giving developers a familiar and fast implementation path to protect their … [More]

COVID-19 Crushes Construction Starts, Phoenix Metro 8th on List

Dodge Data & Analytics

The COVID-19 pandemic and resulting recession have wreaked havoc on U.S. building markets. According to Dodge Data & Analytics, commercial and multifamily starts were quite healthy during January and February but stalled as the pandemic hit the nation in March. For the first three months of 2020, U.S. multifamily and commercial building starts inched up 1% from the same … [More]

Cox Offers Free Internet to New Qualifying Families for Back-to-School

Cox Communications

As back-to-school fast approaches, Cox has announced that new customers who qualify will receive Connect2Compete, the company's low-cost internet, for two months at no cost.  New customers must sign up between July 21 and September 30 for free service, which also includes free technical support. Distance learning is the new normal, and we're focused on removing barriers so … [More]

3 Key Steps to Selling a Business in Good Times or Bad

Mike Hunter

The COVID-19 pandemic is putting people out of work, slowing down lots of industries, and causing businesses to close. But at the same time, an uncertain chapter in America’s economic history may provide opportunities for individuals looking for a fresh start – or a soft landing. Nearly half of small business owners in the U.S. are 65 and older, and a good number are … [More]

Ducey Asks for Extended Unemployment, Utility Assistance, Liability Protection

State of Arizona Office of the Governor

Governor Doug Ducey sent a letter to the Arizona Congressional Delegation providing his input on the next phase of the COVID-19 relief package being discussed in Congress. In the letter, the Governor requested an extension of the Federal Pandemic Unemployment Compensation, which is set to expire this month. In addition to discussing unemployment assistance, the Governor also … [More]

WEBINAR – July 23: Comerica Bank Outlook on America – Economic Freedom in the Post COVID-19 Economy

Comerica Bank

Comerica Bank Outlook on America – “Economic Freedom in the Post COVID-19 Economy” REGISTER HERE Comerica Bank is pleased to announce the next event in our virtual summer series, “Outlook on America – RISE for Business." The July 23 webcast, “Economic Freedom in the Post COVID-19 Economy,” will feature Dr. Ken L. Harris, Ph.D., President/CEO The National Business League, … [More]

Free Webinar for Employers Tackles Human Resources Issues Related to COVID-19

Poms & Associates

Poms & Associates, an independent, full-service insurance brokerage and risk management firm, today announced the availability of a free educational webinar that addresses many of the most frequently asked questions relating to Human Resources (HR) and COVID-19 in a roundtable discussion. Part of Poms & Associates’ ongoing series of webinars about insurance and risk … [More]

VIRTUAL EVENT – Aug 12: Small Business Playbook: The Path Forward

CNBC

New Virtual Event to Gather Most Trusted Small Business Leaders to Help Small Business Owners with Actionable Advice and Best Practices CNBC, First in Business Worldwide, today announced a new small business event, Small Business Playbook: The Path Forward, which will take place on Wednesday, August 12th from 1-4pm ET. This virtual summit will gather the most trusted and … [More]

$975,000 from AZ Coronavirus Relief Fund to Support Homeless Arizonans

State of Arizona Office of the Governor

Governor Ducey announced $975,000 from the AZ Coronavirus Relief Fund has been allocated to 12 organizations in Arizona that provide shelter for those experiencing homelessness. The funding will support efforts to provide food for those utilizing shelters; locate alternative housing to maintain social distancing among the homeless population; and clean and sanitize shelters to … [More]

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