Call for Spotlight Artist, Fall 2022 & Spring 2023

Valley Metro

Valley Metro is looking for local talent to be our next Artsline Spotlight Artist. One artist (or team) per season (Fall 2022 and Spring 2023) will be selected with each artist (or team) being paid a $2500 honorarium. Each artist will create an original work(s) that will be featured on the large-scale wall at Roosevelt Ave/Central station. Selected artists are responsible for … [More]

Returns on Single-Family Rental Homes Decreasing, Says Report

inbusinessPHX.com

ATTOM, a leading curator of real estate data nationwide for land and property data, today released a new Single-Family Rental Market report showing that profit margins on 3-bedroom single-family home rentals are declining annually in 2022 across most of the United States, and are slightly more likely to decline in areas that already have lower yields. The … [More]

WEBINAR – June 7: Your Growth Formula

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Small Business Boot Camp virtual webinars and monthly workshops. If you missed any sessions this week, watch here. Your Growth Formula 06/07/2022 | 9:00 AM The success of your business begins with a dynamic strategic plan that includes long-term visionary elements presented in easy-to-accomplish, … [More]

Arizona Association for Economic Development Announces New President 

inbusinessPHX.com

The Arizona Association for Economic Development has announced its new president for 2022-2023.    Wendy Bridges, AZED Pro, city of Goodyear economic development project manager, has been elected president of the executive board of directors for AAED.    “It is an honor to serve as the next president of AAED,” Bridges said.  “Working alongside AAED’s officers and board … [More]

Sellers Rushing to Find Buyers Before Demand Weakens Further, Report Shows

Redfin

Demand for homes is falling, but homes are still selling fast as the buyers who remain rush to beat rapidly rising Homebuyers may finally start to notice signs that the market is shifting toward their favor, as more sellers came to the market during the four weeks ending May 15, according to a new report from Redfin, the technology-powered real estate brokerage. New listings … [More]

JE Dunn Construction Promotes Clay Creaser to Vice President 

inbusinessPHX.com

JE Dunn Construction is pleased to announce the recent promotion of Clay Creaser to Vice President. A graduate of Northern Arizona University, Creaser has spent the last 18 years delivering notable projects throughout Arizona in markets including mixed-use, commercial and higher education. Creaser joined JE Dunn in 2016 as a senior project manager and has been instrumental … [More]

Shruti Gurudanti named director of corporate transactions at Rose Law Group

inbusinessPHX.com

Rose Law Group names Shruti Gurudanti as Partner and Director of Corporate Transactions. At Arizona’s largest law firm founded by a woman, Gurudanti focuses her practice on business and corporate transactions, including national and cross-border mergers and acquisitions, joint ventures, strategic alliances, and capital formation transactions. Gurudanti has been an M&A … [More]

Reimagined Metrocenter Area Gets Boys & Girls Club and New K-8 Grade School

inbusinessPHX.com

Boys & Girls Clubs of the Valley and Vista College Preparatory are investing in youth in the reimagined community surrounding Metrocenter mall with a new grade school (K-8) campus and Club. The organizations are completing an adaptive reuse of a 64,000-square-foot commercial building at 21st and Peoria avenues in preparation for the opening in August. “The Metrocenter … [More]

Phoenix Children’s Launches Corporate Venture Studio in Partnership with Coplex

inbusinessPHX.com

Phoenix Children’s, one of the nation’s largest pediatric health systems, recently announced a partnership with Coplex, a leading venture studio and corporate innovation firm, to launch six new health care technology startups over the next three years. “We’re honored to partner with Phoenix Children’s because its mission is something we care deeply about and the pediatric … [More]

The Housing Market Is as Competitive as Ever Despite 53% Rise in Mortgage Costs

inbusinessPHX.com

The housing market is as competitive as ever, according to the latest Zillow® Real Estate Market Report.i Buyer demand has been strong enough to keep the market moving at a record pace, even after a massive spike in mortgage rates. Year-over-year home value growth set a record for the 13th consecutive month in April. The typical U.S. home is worth … [More]

Honeywell’s Flight Management System Selected by Airbus

inbusinessPHX.com

Honeywell's Flight Management System (FMS) has been selected by Airbus to meet the air traffic management needs of the future A320, A330 and A350 aircraft. With the new FMS, airline customers will achieve best-in-class operational efficiency, reliability, and safety. Additionally, the new FMS also incorporates connectivity with the outside world, including Electronic Flight … [More]

6 Things Every CEO Needs to Know about Branding to Better Manage the Human Side of Business

by Jane Cavalier

We live in an upside world where the old rules no longer apply. Many call it a VUCA world – volatile, uncertain, complex and ambiguous. Mass consumerism has been replaced by a new consumption paradigm as people are driven by new essentialism where things matter less and relationships, experiences and self-being dominate all. In this new world, workers are restless, customers … [More]

SRP is First to Receive Battery Electric Truck

inbusinessPHX.com

SRP recently received a Kenworth K270E battery electric vehicle, a first-of-its-kind electric truck. “SRP has a major focus on sustainability and remains steadfast in its objectives to improve EV adoption inside and outside our organization,” said Brendan King, manager of SRP’s transportation services engineering operations. “Our goals associated with using Kenworth’s new … [More]

Local Restaurant Owner Shares How He Competes in Tight Labor Market

inbusinessPHX.com

The labor market right now is tight, particularly in the hospitality industry, and it’s tough to attract talent. But unlike most other smaller restaurateurs, the CEO of Ling’s Wok Shop and Ling and Louie’s Asian Bar and Grill plans to grow with a multi-pronged strategy based on giving back to the community. This will include traditional recruitment, opportunities for growth and … [More]

States with the Highest Job Resignation Rates, Arizona Is #3

inbusinessPHX.com

With Americans quitting their jobs at record rates during the so-called “Great Resignation,” WalletHub  released its report on 2022’s States With the Highest Job Resignation Rates, along with accompanying videos and expert commentary. WalletHub ranked the 50 states and the District of Columbia based on how frequently people are leaving their places of employment. Below, you … [More]

ASU Research Park Announces Viasat South Campus Expansion

inbusinessPHX.com

Arizona State University Research Park, Inc. announced that Viasat Inc., a leading global communications company, is expanding its current footprint at the 324-acre ASU Research Park to accommodate the company’s future growth projections. Viasat, a global communications company that provides high-speed satellite broadband services and secure networking systems, employs more … [More]

Opendoor Expands Presence In Arizona With Creation of Regional Hub In Tempe

inbusinessPHX.com

Opendoor, a leading digital platform for residential real estate, is doubling down on its commitment to Arizona, opening a 100,807-square-foot space in Tempe to serve as the company’s regional hub. The space is the company’s largest office, supporting over 500 jobs. “Opendoor’s substantial investment proves once again Arizona is the best place in the country for technology … [More]

Feeling Inflation Pressures? Industry-Specific Small Business Economic Trends Survey Released

NFIB

The NFIB Research Center today released an industry-specific Small Business Economic Trends report highlighting the construction, manufacturing, retail, and services industries. The overall Optimism Index for small businesses in April was 93.2. “The construction and manufacturing industries are especially feeling the impact of inflation pressures,” said Holly Wade, … [More]

Lucid Advances Global Sustainability Vision, Announcing New Details for First Overseas Manufacturing Facility with Partners in Saudi Arabia

inbusinessPHX.com

Lucid Group, Inc., setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today hosted a ceremonial signing event to mark the February 2022 agreements with the Ministry of Investment of Saudi Arabia ("MISA"), the Saudi Industrial Development Fund ("SIDF"), Emaar, The Economic City, at King Abdullah Economic … [More]

Bank Devoted to Helping Small Business Obtains State of Arizona Conditional Approval

inbusinessPHX.com

Integro Bank (In Organization) announced that it obtained conditional approval from the State of Arizona Department of Insurance and Financial Services to open a new bank devoted to helping small businesses. Among the conditions for opening the bank is a requirement to raise a minimum of $27.9 million in capital and for the bank to obtain regulatory approval from the Federal … [More]

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