Industrial Construction Update: Is The Market at Risk for Oversupply?

inbusinessPHX.com

Cushman & Wakefield has released its new Industrial Construction report, showing demand losing speed as construction completions peak, setting the stage for a return to a more balanced market.  The report press release is also attached. Throughout the current industrial expansion, which began in 2012, the pipeline has often struggled to keep pace with demand throughout … [More]

Benefits Co. Names Two New Hires, Advancing One-on-One Model

inbusinessPHX.com

Employee benefits consulting firm Strunk Insurance Group has announced two new hires in the recent months. Strunk has appointed Joe Marquez as their new Vice President of Employee Benefits and Holly Norton as Human Resources Business Consultant. In their roles, Marquez and Norton are responsible for advising perspective and current clients in Arizona and across the country on … [More]

Boxing Fitness Franchise Opens Location in Scottsdale

inbusinessPHX.com

Mayweather Boxing + Fitness – the best-in-class group fitness experience that combines immersive training with boxing legend Floyd Mayweather’s champion techniques, is thrilled to announce the re-opening of the brand’s first Scottsdale location. Located at 9220 E Via De Ventura, Suite 121, Mayweather Boxing + Fitness of Scottsdale successfully opened in April under new … [More]

Governor Hobbs Names New Chief of Staff

inbusinessPHX.com

Governor Hobbs announced that Chad Campbell, former House Democratic Leader and longtime public affairs and policy consultant, will become chief of staff to the governor on Monday, June 5th. “As House Democratic Leader, Chad Campbell effectively led his caucus and worked across the aisle to get big things done for the State of Arizona,” said Governor Hobbs. “While we served … [More]

More Arizona Starbucks Workers Are Unionizing

inbusinessPHX.com

This week, workers at the Higley & Baseline Starbucks in Gilbert, Arizona, filed a petition with the National Labor Relations Board (NLRB) to unionize with Starbucks Workers United. The Higley & Baseline partners (employees) are joining a nationwide movement of hundreds of stores and thousands of baristas organizing for better working conditions. Workers at the McQueen … [More]

See Where the Phoenix Suns Rank on ‘The Smartest Fans in the NBA’ List

inbusinessPHX.com

Every basketball fan throughout their years of supporting their team will have interacted with enough fans of rival teams, whether in person or on social media, to have certain preconceptions of those fanbases as a whole. Due to the fact that most of these are negative preconceptions, have you ever stopped and wondered which fanbase is actually the smartest in the NBA? Well, … [More]

Investor Home Purchases Fell a Record 49% YOY in the First Quarter, Says Report

inbusinessPHX.com

Real estate investors purchased 48.6% fewer homes in the first quarter of 2023 than they did a year earlier as elevated interest rates along with declining rents and housing values ate into potential profits, according to a new report from Redfin, the technology-powered real estate brokerage. That’s the largest annual decline on record, and outpaced the 40.7% drop in … [More]

Privacy Is Security: How Businesses Can Earn Trust while Handling Individual Data Online

by Paul DeLeeuw

To understand how intertwined online privacy and security have become, consider the humble company-issued laptop. The device might only be given to a new hire after he or she passes a series of mandatory security clearances. Some employees will be asked to provide a fingerprint or facial recognition to use their laptop at all. At a minimum, a unique password is required at … [More]

Developer Debuts First Multifamily Community in Gilbert’s Agritopia

inbusinessPHX.com

StreetLights Residential’s newest luxury multifamily community in Arizona, The Tyler, is open. Located at 3150 E Ray Road in Gilbert, the community is part of the mixed-use Epicenter at Agritopia and offers 320 apartment homes ranging from studios to three bedrooms. This is the first project in Gilbert, and the fourth in Arizona for StreetLights, a national design-driven … [More]

Three Innovative Phoenix Biotech Businesses Secure Spot at 2023 BIO International Convention

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ Phoenix-based start-ups ElectraTect, FAKnostics, and Reference Medicine are among the 50 global companies selected to participate in the highly acclaimed Start-Up Stadium at the 2023 BIO International Convention. This unique platform provides seed-stage companies with an … [More]

Phoenix to Host U.S. and Mexico Real Estate Conference

inbusinessPHX.com

More than 1,000 international real estate professionals will attend Real Estate Summit Across Borders on Friday, June 9 at the Sheraton Phoenix Downtown. Attendees benefit from information on real estate, investments, and regulatory issues from industry leaders in both the United States and Mexico. Organizers participated in a press conference at the Mexican Consulate in … [More]

Overall U.S. Mortgage Delinquency Rate Drops to All-Time Low in March, Says Report

inbusinessPHX.com

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for March 2023. For the month of March, 2.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.3 percentage point decrease … [More]

Small Business Jobs Growth Holds Steady in May

inbusinessPHX.com

The rate of small business job growth was unchanged from April for the month of May, according to the latest Paychex | IHS Markit Small Business Employment Watch. The national Small Business Jobs Index — which measures the rate of small business job growth in the U.S. — stands at 99.45, a 0.04% decrease from April. Meanwhile, hourly earnings growth for U.S. workers slowed to … [More]

Carvana Launches New National Ad Campaign

inbusinessPHX.com

Carvana, an industry pioneer for buying and selling used cars online, is celebrating five-star reviews left by happy customers with a new summer advertising campaign that spotlights the key differentiators in the brand’s industry-disrupting car buying and selling experience. Carvana identified the key themes that described customers’ interactions with the nation’s largest … [More]

Turning Setbacks into Opportunities: How to Embrace Challenges as a Chance for Growth

by Daria Orozco, CSP

Setbacks are a natural part of life. Even the most successful people in the world have failed before advancing in life. One of the most talented basketball players in the world, Michael Jordan, has famously admitted to missing more than 9,000 shots in his career and losing almost 300 games. Walt Disney, another example, was fired from his job at a newspaper early in his career … [More]

Hiring vs. Recruiting: Understanding the Impact on Retention Rates

by Tim Young

In the realm of talent acquisition, hiring and recruiting are two distinct processes that play a vital role in building a successful workforce. While both terms are often used interchangeably, understanding the differences between them can significantly impact a company's retention rates. Hiring is commonly associated with filling immediate vacancies and addressing … [More]

Father-Son Team Joins LPL Financial to Launch Scottsdale-Based Advisory Firm

inbusinessPHX.com

LPL Financial LLC announced that financial advisors Larry Lytle and Zach Lytle have launched an independent practice, Wiser Advisor Group, LLC, and joined LPL Financial’s broker-dealer, RIA and custodial platforms. The advisors reported having served approximately $130 million in advisory, brokerage and retirement plan assets* and join from RBC Wealth Management. Based in … [More]

Law Firm Grows Trusts & Estates Planning Group in Phoenix

inbusinessPHX.com

Trusts and estates planning attorney Zachary Rapp has joined Sherman & Howard’s Phoenix office. Rapp returns to Phoenix, where he is thrilled to be back in his hometown and serve his clients with caring and creative estate planning work. “We are excited to bring Zachary into our trust and estate planning group. He will fit into the Phoenix office nicely,” said Greg … [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