Phoenix eBike Co. Expands Market Share with New Three-Wheel Launch

inbusinessPHX.com

Lectric eBikes today launched the new standard for comfort and stability on three wheels with the XP Trike2, the follow-up to America’s most popular electric tricycle, the XP Trike. With a wealth of upgrades and new color options, the XP Trike2 is on pre-order now for the same low starting price as its predecessor, $1,499. “When we launched the XP Trike two years ago, we knew … [More]

Scottsdale-Based Tech Group Appoints CFO Amid Expansion Push

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Transact + CBORD, the award-winning innovator in higher education, K-12, senior living and healthcare technology, announced the appointment of Rob DeCarlo as Chief Financial Officer. DeCarlo joins the executive team to drive long-term strategic and operational growth by overseeing all financial operations. A returning executive, DeCarlo brings deep familiarity with the … [More]

Lucid Upgrades Arizona-Produced EVs with Autonomous Tech

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Lucid Group, Inc., maker of the world's most advanced electric vehicles, announced a major update to its DreamDrive® Pro suite of Advanced Driver Assistance Systems (ADAS) to deliver Hands-Free Drive Assist and Hands-Free Lane Change Assist1 to its award-winning lineup of electric vehicles. These and other vehicle enhancements will be available as an over-the-air (OTA) update … [More]

Phoenix Roofing Co. Acquired in Nearly $1B Cash Deal

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Bow River Capital, a Denver-based alternative asset management firm, announced that it has completed the sale of Progressive Roofing, a leading provider of commercial roofing services, to TopBuild Corp.  in an all-cash transaction valued at $810 million. Progressive Roofing, headquartered in Phoenix, Arizona, provides a comprehensive suite of commercial roofing services, … [More]

Survey Finds Growth in Social Corporate Responsibility

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A new survey of 135 companies released by the Association of Corporate Citizenship Professionals and YourCause from Blackbaud reveals that 72% of corporate social responsibility teams have seen their roles expand amid heightened scrutiny of companies’ social impact efforts. This is the same percentage of respondents who said their team had taken on more responsibility in 2024 … [More]

Nominations Now Open for 2025 Women of Achievement Honorees

15 Valley Women to be Celebrated for Leadership and Impact at Annual Luncheon Event in October

by Mike Hunter

In Business Magazine announced the opening of nominations for its 2025 Women of Achievement, now in its ninth year. This signature event recognizes 15 of the Valley’s most influential women whose leadership, dedication, and impact have helped shape Arizona’s business and community landscape. Nominations are open now through Friday, August 1, 2025, and the public is … [More]

Arizona Tops List of States with Biggest Rise in Homeownership since 2014 

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New research has revealed the states with the biggest increases and decreases in homeownership over the past decade. The study by Eden Emerald Mortgages, using data from the U.S. Census Bureau's Current Population Survey/Housing Vacancy Survey, analyzed homeownership rates across all states from 2014 to 2024 to identify which regions have experienced the most significant … [More]

Far Fewer Canadians Are Searching for Homes in the U.S. Than Last Year

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Fewer Canadians are searching for homes in the once-popular destinations like Miami and Phoenix than were at the start of 2025, before the U.S. instituted steep tariffs on Canada and relations between the two countries started suffering. This is according to a new report from Redfin, the technology-powered real estate brokerage.The number of Canadian Redfin.com users searching … [More]

Injury Law Firm to Distribute $350K in Grants, Expanding Focus on Vulnerable Communities

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Lerner & Rowe Gives Back, the nonprofit arm of Lerner & Rowe Injury Attorneys, will be giving out over $350,000 to Arizona nonprofits this year through its grant program. To be eligible for this program, the selected nonprofits had to match one or more of Lerner & Rowe Gives Back’s focus pillars (youth programs, health and human services and public safety) and … [More]

Chandler Specialty Materials Co. Names Interim CEO

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The Board of Directors of Rogers Corporation announced that Colin Gouveia has left his position as President and CEO and has resigned from the Board on July 12, 2025. Ali El-Haj has been named the company’s interim President and CEO. Mr. El-Haj brings global leadership experience in key Rogers markets and is well-positioned to advance the company’s strategic direction during … [More]