The Internal Revenue Service announced that the optional standard mileage rate for business use of automobiles will increase by 2.5 cents in 2026, while the mileage rate for vehicles used for medical purposes will decrease by half a cent, reflecting updated cost data and annual inflation adjustments. Optional standard mileage rates are used to calculate the deductible costs … [More]
Arizona Issues Employer-Focused Heat Safety Guidelines Ahead of Summer
Governor Katie Hobbs announced that the Workplace Heat Safety Task Force has issued its final recommendations to protect Arizona workers from heat-related risks. These recommendations, published by the Industrial Commission of Arizona, follow the Governor’s Executive Order earlier this year to establish the Task Force. The task force, composed of leaders from the private … [More]
Arizona’s 2025 Economic Year In Review
With over $34 billion in new investment, nearly 28,000 projected new jobs, and major wins across semiconductors, aerospace, AI, broadband, and more, 2025 delivered a year of record-breaking growth for Arizona. During calendar year 2025, the Arizona Commerce Authority and economic partners successfully won 90 competitive projects from companies that committed to creating 27,749 … [More]
Convention Center Celebrates Banner Year, Looks Forward to 2026
The Phoenix Convention Center & Venues hosted more conventions this year compared to 2024. The Convention Center hosted 70 conventions in 2025, with an estimated 293,300 delegates. “We are proud to continue to grow the number of events we host each year,” said Phoenix Convention Center & Venues Director Jerry Harper. “Each event offers us the chance to create … [More]
Broadband Provider Taps Industry Veteran as Next CEO
Cable One, Inc. announced that James Holanda will join the Company as its next Chief Executive Officer and as a member of its Board of Directors. Holanda is expected to join Cable One no later than March 31, 2026 in order to allow him to complete his prior professional commitments. Holanda will succeed Julia M. Laulis, who retired from her role as Chair of the Board, President, … [More]
Build-to-Rent Developer Bets on Phoenix With New Homes and Scottsdale Office
Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets across the United States, today announced updates across its Phoenix build-to-rent portfolio. In addition to its existing portfolio of BTR developments in the area, the company is now delivering homes across three new communities in Phoenix. When fully delivered, they will total … [More]
Utility Investment Brings Permanent Water Access to Rio Verde Foothills
EPCOR USA Inc., has delivered on its promise to the Rio Verde Foothills community, construction of a permanent water solution is complete, and a new EPCOR-owned water filling station will open January 1, 2026 at 7 am local time. "Promise made, promise kept," said Shawn Bradford, Senior Vice President of Regulated US Water for EPCOR. "We were asked to step in and solve the … [More]
Publicly Traded Valley Tech Firm Appoints New CFO
Universal Electronics Inc. announced that it has appointed Wade M. Jenke as Chief Financial Officer, effective immediately. Mr. Jenke will report to Richard Carnifax, UEI’s COO and Interim CEO. Sui Man Ho (a.k.a. Raymond Ho), the Company’s Interim Chief Financial Officer, will continue to serve as the Company’s Senior Vice President of Finance. As Chief Financial Officer, … [More]
$1B Research Milestone Pushes ASU Into Top Tier of U.S. Universities
Arizona State University has exceeded $1 billion in annual research expenditures for the first time, placing the university among the top 4% of research institutions nationwide. The milestone underscores ASU's rapid rise as a major research university and its focus on translating scientific discovery into public benefit - from improving health care and protecting ecosystems to … [More]
Phoenix-Based EV Training Firm Launches UN Workforce Program
Legacy EV has officially launched the first phase of a major electric-vehicle workforce development program in Guyana, delivered in partnership with the United Nations as part of the country's national Just Energy Transition Project. The collaboration, formalized earlier this year, supports Guyana's ambitious Low Carbon Development Strategy 2030 (LCDS 2030) — a national plan … [More]
Popular Sandwich Chain Opens North Phoenix Franchise
Capriotti's Sandwich Shop, known for its award-winning, hand-crafted cheesesteaks, turkey subs and more, announced the opening of its new Phoenix location at 3890 W Happy Valley Road, Suite 160. Capriotti's introduces local communities across the U.S. to the brand's 49-year-old tradition of slow-roasting whole, all-natural turkeys in-house, and other one-of-a-kind sandwiches … [More]
Wealth Management Firm Donates 500 Toys to The Boys and Girls Club This Holiday
Wilde Wealth Management Group, a locally owned company headquartered in Scottsdale, has contributed to a “merry and bright” holiday season for more than 900 children in need with a donation of 500 toys and $6,000 in additional cash donations to Boys & Girls Clubs of the Valley in December. This is Wilde’s 21st year supporting a local organization during the holiday season, … [More]
Aesthetic Practice Expands to Arcadia with Second Location
Cosmetic Physician Partners announced the expansion of AdmireMD Plastic Surgery + Skin Clinic with the grand opening of its newest location, AdmireMD Skin + Wellness Arcadia. The celebration will take place on Thursday, January 15, at 4280 E. Camelback Road, Suite 150, Phoenix, AZ 85018. This milestone marks AdmireMD's second location and reflects CPP's continued commitment to … [More]
Arizona Casino Tops National List Honoring Tribal Gaming Excellence
Gila River Resorts & Casinos Wild Horse Pass has been named a winner of the 2026 Newsweek Readers' Choice Award for "Best Native American Casino," ranking #3. Located in Chandler, Ariz., Gila River Resorts & Casinos Wild Horse Pass is the only tribal gaming enterprise in the Southwest to make the list. As one of the largest casino gaming enterprises in … [More]
Central Phoenix Landmark Redevelopment Continues Following Acquisition
Kinella Capital, LLC led by Founder and CEO TK Stratton, has acquired One Camelback, a high-profile office-to-residential conversion located at the intersection of Central Avenue and Camelback Road in Phoenix, Arizona. The acquisition marks a new phase for the development, which had remained largely dormant for nearly five years following delays and financial challenges. The … [More]
$3M Regents Grant Creates Statewide Agriculture Innovation Hub
The Arizona Board of Regents has approved a $3 million Regents’ Grant to launch the Arizona Hub for Agriculture Innovation, a statewide collaboration designed to strengthen Arizona’s $30 billion agriculture industry and advance resilient and sustainable farming practices that can thrive in water-limited environments. The tri-university initiative brings together the Arizona … [More]
$120M Manufacturing Campus Brings 200 Jobs to Casa Grande
KPPC Advanced Chemicals Inc., a member of the Kanto Group, broke ground on its new U.S. Arizona Plant, a next-generation ultrapure chemical manufacturing campus located at the Sonoran Valley Industrial Park in Casa Grande, Arizona. This investment marks a major step forward in strengthening the United States semiconductor supply chain and expanding domestic production of ultra … [More]
Scottsdale Firms Partner to Launch New Annuity Index
North American Company for Life and Health Insurance, a member company of Sammons Financial Group and one of the largest issuers of fixed index annuities in the U.S., and Annexus, a leading independent insurance retirement product design company, announced the addition of the NYSE GEARS Index to the North American Secure Horizon FIA suite. The NYSE GEARS Index is a … [More]
