Raytheon Secures $1.1B Contract to Ramp Missile Production

inbusinessPHX.com

Raytheon, an RTX business, was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles to bolster U.S. military inventory and meet increased demand from allied nations. Under the contract, Raytheon will produce AIM-9X missiles along with associated hardware and software for U.S. and Foreign Military Sales customers. "Our teams have … [More]

Valley Chip Giant Makes $7B Bet on Next-Gen Computing

inbusinessPHX.com

onsemi  and Synaptics Incorporated announced they have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an … [More]

ACA Funding Backs Six New Arizona Health Tech Projects

inbusinessPHX.com

The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona's economic opportunities, has secured $600k in funding from the Arizona Commerce Authority (ACA) to support six new health technology projects. Through PEI’s Applied Research Centers, these projects represent the fifth and latest cohort of … [More]

Toll Brothers to Launch Luxury Home Community in Peoria

inbusinessPHX.com

Toll Brothers, Inc., the nation’s leading builder of luxury homes, today announced its newest luxury home community, Toll Brothers at Saddleback, is coming soon to Peoria, Arizona. Located within the Saddleback master plan, this gated community will offer two refined collections of single-story homes and access to exceptional resort-style amenities. Sales are anticipated to … [More]

Canada Reopens Phoenix Office Following Long Hiatus

inbusinessPHX.com

To further strengthen the growing relationship between Arizona and Canada, dignitaries and leaders from both regions gathered to mark the opening of the new Canada Consulate office in Phoenix with a ribbon cutting ceremony and reception held on June 24, 2026. Governor Katie Hobbs joined Mark Wiseman, Ambassador of Canada to the United States; Sylvie Bédard, Consul General … [More]

Arizona Businesses More Bullish Than National Peers

by Columbia Bank

Nearly 70% of Arizona businesses say they are prioritizing making investments over cutting costs, according to new data released today by Columbia Bank. At the same time, half of Arizona business leaders say they plan to monitor current pressures from tariffs, inflation and rising energy costs for at least six months before making major decisions.  The findings are … [More]

‘Job Scrolling’ Emerges as New Workplace Warning Sign

by Amanda Augustine

A new workplace behavior is emerging during the workday, one that experts at Careerminds are calling "job-scrolling." The trend comes at a time when 61% of U.S. employees are considering leaving their current job and another 43% say they plan to search for a new position this year.  Careerminds analyzed Reddit threads and hundreds of comments where employees openly share their … [More]

Arizona Takes First Steps Toward Its Nuclear Future

inbusinessPHX.com

Arizona Public Service (APS), Salt River Project (SRP) and Tucson Electric Power (TEP) continue to work together to explore adding nuclear generation in Arizona, including through a preliminary siting study now underway. New nuclear generation will take time to develop, which is why it’s essential that Arizona’s leading energy providers begin these initial steps now. APS, SRP … [More]

1.1M SF AI Lease Pushes Glendale Industrial Campus to Full Occupancy

inbusinessPHX.com

Lincoln Property Company, a global, full-service real estate firm with over $31 billion of assets under management, has executed two full-building leases at its 2.4 million-square-foot Luke Field development in Glendale, Arizona. Totaling over 1.1 million square feet, the commitments bring the Class A, three building, LEED certified logistics campus to 100% occupied. The new … [More]

163-Acre Mesa Mega-Project Pairs Auto Mall with Major Retail Center

inbusinessPHX.com

Diversified Partners, a Scottsdale-based commercial real estate brokerage and development firm, is advancing Destination at Gateway, a 163-acre power center development located at the new SR-24 interchange at Signal Butte Road in Mesa, Ariz. The project includes two distinct components now available for lease: 24 Auto Row, a purpose-built auto mall development spanning … [More]

Waymo Names Management Firm for Massive Surprise Test Facility

inbusinessPHX.com

At Waymo's Arizona proving ground, Transportation Research Center engineers, technicians, mechanics and vehicle operators will work alongside leading mobility and technology companies to develop, validate and refine automated driving technologies destined to transform how people and goods move. “This is an important expansion of TRC’s national footprint and a strong … [More]

National Workforce Health Provider Opens First Valley Clinic

inbusinessPHX.com

Concentra, a national leader of occupational and workforce health services, announced the opening of its first medical center in Goodyear, Arizona, expanding access to occupational health services for employers and employees throughout the West Valley. The new facility is in Pebble Creek Plaza Shops at 2403 North Pebble Creek Parkway, Suite 101, Goodyear, Arizona 85395. The … [More]

Phoenix Children’s Taps New Executive to Lead Community Hospitals

inbusinessPHX.com

Phoenix Children’s has named Jayson Argyle Senior Vice President of Community Hospitals, a newly established leadership role supporting the continued growth and expansion of Phoenix Children’s community hospital network across Arizona. Argyle, who joined the health system yesterday, will play a critical role in supporting the successful launch of the Women’s and Children’s … [More]

Major Arizona Copper Deal Creates North American Mining Giant

inbusinessPHX.com

Hudbay Minerals Inc. announced the closing of its previously announced acquisition of Arizona Sonoran Copper Company Inc. (“Arizona Sonoran”) by way of a court-approved plan of arrangement, pursuant to which Hudbay has acquired all of the issued and outstanding common shares of Arizona Sonoran, not already owned by Hudbay. Arizona Sonoran is now a wholly-owned subsidiary of … [More]

Scottsdale Fashion Square Markets Naming Rights for Redesigned Social Hub

inbusinessPHX.com

Macerich, an owner, operator and developer of high-quality retail real estate in top markets - announced it has begun the search for an official naming rights partner for its redesigned, high-profile gathering space and social hub at Scottsdale Fashion Square, one of the country’s premier luxury retail centers. Building on the success of the center's Luxury Wing and Dining … [More]

Buc-ee’s Makes Arizona Debut with Goodyear Travel Center

inbusinessPHX.com

Buc-ee's, home of the world's cleanest bathrooms, freshest food, and friendliest beaver, unveiled its newest travel center in Goodyear, Arizona, on Monday, June 22, 2026. Doors opened to the public at 6 a.m., followed by a ribbon-cutting ceremony at 8:00 a.m. MST. Located at 1001 N. Bullard Avenue in Goodyear, Buc-ee's Goodyear occupies 74,000 square feet and offers 120 … [More]

Nonprofit Awards $3M to Expand Youth Mental Health Support Nationally

inbusinessPHX.com

The Cigna Group Foundation, the philanthropic arm of The Cigna Group, announced $3 million in grants to 22 nonprofits working to improve youth mental health and strengthen support systems across 10 states. Youth mental health needs continue to outpace access to care in many communities, particularly for young people and families navigating limited resources. "Too many young … [More]

Phoenix Takes Top-5 Spot in Inaugural Conference City Rankings

inbusinessPHX.com

U.S. News & World Report, publisher of Best Hotels, Best Vacations, Best Cruise Lines and Best Travel Rewards Programs, today announced its inaugural 2026-2027 Best Conference Cities and Best Conference Hotels rankings, identifying the top destinations and properties for meetings, conventions and business events across the United States. Developed with input from … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events