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CDFI Fund Requests Information on Small Dollar Loan Program

Community Development Financial Institutions Fund

The Community Development Financial Institutions Fund (CDFI Fund) is currently seeking information from Certified Community Development Financial Institutions (CDFIs), Federally Insured Depository Institutions, trade organizations, and the general public about the Small Dollar Loan Program (SDLP). Authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act … [More]

In Business  |    |  

‘Arizona: Open For Learning’ Plan to Invest $440M in Arizona Schools, Includes Health Guidance

State of Arizona Office of the Governor

Governor Doug Ducey announced additional resources, flexibility and clarity for the start of the 2020-2021 school year. This “Arizona: Open for Learning” plan provides maximum options for Arizona families, ensures students receive a full academic year of education, invests a total of $440 million in federal dollars to our schools, and gives local school leaders the flexibility … [More]

In Business  |    |  

Extended Protections for Public Health; Bars, Gyms and Theaters to Remain Closed

State of Arizona Office of the Governor

Governor Doug Ducey today extended an executive order pausing operations on gyms, bars, nightclubs, movie theaters, water parks, and tubing. The order also continues to prohibit large public events and enables local law enforcement to take immediate enforcement action to ensure compliance with the order. This extension will be reviewed for repeal or revision every two … [More]

In Business  |    |  

Statewide Campaign to Promote Mask Use Developed in Partnership with Arizona Advertising Agencies

State of Arizona Office of the Governor

Governor Doug Ducey announced a statewide campaign developed in partnership with Arizona advertising and public relations firms to promote the use of masks and other important precautions to contain the spread of COVID-19. This first-of-its-kind collaboration will feature creative concepts in English and Spanish developed by Arizona’s leaders in advertising supported by $3 … [More]

In Business  |    |  

U.S. Shift Work Slumps as Weekly Growth Hits Lowest Rate of Recovery

Kronos Incorporated

According to the U.S. Workforce Activity Report from Kronos Incorporated for the week of July 13-19, the average weekly growth rate for shift work1 during the recovery continues to decelerate and currently sits at 0.7% per week for the month of July. This has declined by more than half of the 1.9% average weekly growth in June and is only approximately a quarter of the 2.7% … [More]

In Business  |    |  

WEBINAR – July 30: Return to the Workplace and a New Normal

Arizona Commerce Authority

Getting people to work safely in the new normal – that’s the challenge companies are doing their best to tackle just now. Today, there is a great opportunity to tune in real-time to the latest insights about the pandemic and let that steer our next steps. Technology will be a big ally as we explore approaches to return to our workplaces safely. Infosys, a global leader in … [More]

In Business  |    |  

Don’t Abandon the Office Just Yet. Business Leader Boldly Re-imagines the Workplace

by Joe Jackman

The pandemic is presenting a once-in-a-lifetime opportunity not to abandon the workplace, but to reimagine it into a bolder more human-centric office space that caters to the changing needs of employees and clients. It also creates a unique opportunity for improved communication and trust between employees and leadership teams. Below are some of the key elements of this … [More]

In Business  |    |  

U.S. Single-Family Rent Price Growth Plunges in May, But Phoenix Up 6%

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across 20 metropolitan areas. Data collected for May 2020 shows a national rent increase of 1.7% year over year, down from a 2.9% year-over-year increase in May … [More]

In Business  |    |  

Apple Commits to be 100 Percent Carbon Neutral for its Supply Chain and Products by 2030

Apple

Apple unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral today for its global corporate operations, and this new commitment means that by 2030, every Apple device sold will have net zero climate impact. “Businesses have a profound opportunity to … [More]

In Business  |    |  

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]

In Business  |    |  

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]

In Business  |    |  

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]

In Business  |    |  

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]

In Business  |    |  

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]

In Business  |    |  

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]

In Business  |    |  

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]

In Business  |    |  

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]

In Business  |    |  

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]

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