$1.48B Acquisition Forms Third Largest Copper District in North America

inbusinessPHX.com

Hudbay Minerals Inc. and Arizona Sonoran Copper Company Inc. announced that they have entered into a definitive agreement pursuant to which Hudbay has agreed to acquire all of the issued and outstanding common shares of ASCU, not already owned by Hudbay, for consideration of 0.242 of a common share of Hudbay per common share of ASCU. The Transaction will result in Hudbay owning … [More]

Phoenix to Advance Public Safety Projects with $9.5M Federal Allocation

inbusinessPHX.com

The City of Phoenix will advance a wide range of public‑safety and infrastructure improvements after securing more than $9.5 million in Congressionally Directed Spending for fiscal year 2026. The funding, part of a broader federal appropriations package, supports airport modernization, emergency response enhancements, and wellness resources for first responders. A portion of … [More]

Indoor Pickleball Club Expands to Fourth Valley Location, Establishes HQ

inbusinessPHX.com

Center Court Pickleball Club, a locally owned premier indoor pickleball club, announced the expansion to its fourth Valley location with a new 35,000-square-foot club opening summer 2026. The Scottsdale company signed a lease for the former Big Lots space at Scottsdale Fiesta Retail Center at Loop 101 and Shea Blvd, providing convenient access for Scottsdale, Phoenix, and … [More]

Small-Business Optimism Improves as Supply Chain Concerns Persist

inbusinessPHX.com

The NFIB Research Center released an industry-specific quarterly Small Business Economic Trends survey highlighting the construction, manufacturing, retail, and services industries. According to the report, the Optimism Index increased from the previous quarter for all reported industries except for construction. “Small business optimism rose in all reported industries … [More]

Expanding SaaS Tax Laws Create Hidden Liability, and Refund Potential

by William Flick

In 2026, as Federal subsidies and grant funding continue to decline for state and local governments, many are turning to sales taxes on business services as a key method for raising revenue.  At one time, sales taxes were derived only from sales of physical products bought and sold within a state.  However, since the Supreme Court’s Wayfair decision of 2018, definitions of … [More]

Upscale 353-Unit Multifamily Project Breaks Ground in Southeast Valley

inbusinessPHX.com

The NRP Group, a vertically integrated developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of an upscale, 353-unit multifamily development within Medina Station, a 60‑acre master planned community in Mesa, Arizona. The four‑story, elevator‑served community will be built on a 10‑acre parcel in the northeast quadrant of the … [More]

Taiwanese Restaurant Concept Debuts 340-Seat Flagship at Fashion Square

inbusinessPHX.com

Din Tai Fung, the family-owned, globally beloved restaurant brand from Taiwan known for its iconic 'Golden Ratio' Xiao Long Bao (soup dumplings // pronounced "sheau long bao") and hospitality excellence, is expanding to Arizona for the first time. The brand's highly anticipated Scottsdale location, opening at 7014 E Camelback Rd in Scottsdale Fashion Square, will begin … [More]

Utility-Scale Solar Developer Names Interim Chief Executive

inbusinessPHX.com

Arevon Energy, Inc., an American energy developer, owner, and operator, announced the appointment of Justin Johnson, the company's Chief Operating Officer, as Interim Chief Executive Officer, effective February 20, 2026. Johnson brings more than two decades of experience across renewable energy development, construction, asset management, and operations. Since the company's … [More]

European-Inspired Hotel Brings Rooftop Dining and Desert Views to Old Town

inbusinessPHX.com

Old Town Scottsdale is now home to a modern, European-inspired hotel, AC Hotel Scottsdale Old Town, located at 7117 E. 3rd Ave. Designed for travelers who value intentional design and elevated simplicity, the six-story hotel brings AC Hotels by Marriott’s signature European-inspired aesthetic and “Perfectly Precise” guest experience to one of the city’s most dynamic … [More]

Multifamily Developer Unveils 31,000-SF Headquarters in Scottsdale

inbusinessPHX.com

Mark-Taylor Residential, a leading investment manager, developer and owner of Class-A multifamily real estate, and trusted consulting partner, announced the opening of its new 31, 291 sq. ft. corporate headquarters in Scottsdale, Ariz. While Scottsdale remains the company’s long-standing home base, the newly completed workspace, positioned within The Galleria, represents a … [More]

Valley Venture Firm Sheds Regional Name to Attract National Founders

inbusinessPHX.com

AZ-VC, a venture capital firm fueling innovation in underserved markets, has announced its rebrand as Copper Sky Capital, reflecting the firm's evolution into a broader platform backing early-stage technology companies across North America. The firm is sector agnostic with a focus on AI software products. Founded in 2021, the firm is led by Managing Partners Jason Pressman, … [More]

New Retail Center Anchored by Fry’s Rises in Avondale

inbusinessPHX.com

Evergreen Development celebrated the construction progress of Marketplace at Tres Rios, its latest Fry’s Marketplace shopping center, located at the southwest corner of Avondale Boulevard and Lower Buckeye Road in Avondale, Arizona. Designed to serve the rapid growth in southern Avondale, including the Alamar master-planned community, Marketplace at Tres Rios will provide a … [More]

24.5-Acre Retail Development Targets Rapidly Growing West Valley Corridor

inbusinessPHX.com

Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for a new ±24.5-acre commercial retail development at the southeast corner of 99th Avenue and Indian School Road, just west of Loop 101 in Phoenix. The project will be anchored by EOS Fitness and feature a lineup of nationally recognized brands including Dutch … [More]

GCU Unveils Renamed Honors College, Plans for 51,000SF Expansion

inbusinessPHX.com

Grand Canyon University has big aspirations for its burgeoning Honors College. It now has some big names – and a big building on campus – to go along with its intention to become the largest and most impactful Honors College in the nation. GCU's best and brightest scholars will now be part of the Sheila and Mike Ingram Honors College, named in honor of the University's major … [More]

Arizona Ranks No. 1 in International Investment Nationwide

inbusinessPHX.com

Arizona’s strong international ties fueled record-breaking trade and investment in 2025, creating thousands of new jobs and driving more than $1 billion in foreign direct investment. Exports by Arizona companies surged from $32.4 to $44.4 billion – a 37% increase and the second fastest growth in the nation. By comparison, U.S. exports grew by 5.7%. Key Trade Highlights: … [More]

Retail Display Decisions Drive both Profit and Sustainability

inbusinessPHX.com

Grocery retailers may not need new technology—or behavior change from shoppers—to meaningfully reduce food waste. New research in the INFORMS journal Management Science finds that small operational decisions already under a retailer’s control, including how perishable items are displayed and when (and how much) they’re discounted, can increase profits while reducing … [More]

Phoenix Data Offers Window into National H-1B Workforce Patterns

inbusinessPHX.com

As global talent mobility, technological innovation, and workforce development continue to shape the U.S. economy, the H-1B visa program plays an increasingly important role at their intersection. The visa program allows American companies to temporarily employ foreign workers in specialty occupations to meet demand for high-skilled talent. Most commonly in technology, … [More]

New Two-Story Home Collection Debuts in East Valley

inbusinessPHX.com

Richmond American Homes of Arizona, Inc., a subsidiary of Sekisui House U.S., Inc., announced the Grand Opening of Fusion at Blossom Rock in Apache Junction. This highly anticipated addition to the sought-after Blossom Rock masterplan offers an inspired array of two-story floor plans with open layouts and designer details. In addition to a selection of quick move-in homes, … [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