World-Class 7-Story AVE Phoenix Terra Apartments Going Up in Downtown Phoenix

inbusinessPHX.com

Korman Communities, in partnership with RXR, has completed the purchase of its first property in the Phoenix market. The brand new, 348-unit, seven-story, professionally managed, Class A property boasting 60,000 square feet of amenity space, AVE Phoenix Terra, offers a unique flexible-stay living solution in Downtown Phoenix. “We are focused on growing our AVE portfolio of … [More]

Greater Phoenix Workforce Filled More Than 2.3 Million Jobs in January 2022

inbusinessPHX.com

Greater Phoenix added 91,300 jobs over the past year from January 2022 compared to January 2021 for a good start to the year as reported in the March Employment Report from the Arizona Office of Economic Opportunity. The number of people in the Greater Phoenix workforce filled over 2.3 million jobs in January 2022. Hiring in the business professional, technical and … [More]

Matthew P. Feeney to Step Down as Snell & Wilmer Chair, Barbara J. Dawson Named as Successor

inbusinessPHX.com

Snell & Wilmer announced today that firm Chair Matthew P. Feeney will step down from the position in the spring of 2023. Having taken the helm in 2015, Feeney has led the firm through extraordinary growth in recent years, including strategic expansion into the Pacific Northwest, Texas, and Washington, D.C. Barbara J. Dawson, who serves on the firm’s Executive and … [More]

Phoenix Company Launches First-Ever Pay-It-Forward Marketplace

inbusinessPHX.com

Officially launching today, Oana is a pay-it-forward marketplace™ that enables purposeful sharing of goods and services within private groups and personal networks. Headquartered in Phoenix, AZ, Oana was co-founded by Maggie Fearnow and Tom Hutchison, longtime friends who were frustrated by the lack of options for sharing resources within known social groups, without … [More]

Gilbert Tech Co. Wins Startup Showdown

inbusinessPHX.com

Abstrakt Corp announced that the company won a $120,000 investment from Panoramic Ventures for winning Startup Showdown, a competition for entrepreneurs designed to showcase and fund early-stage technology companies. Startup Showdown has thousands of companies apply to the pitch competition then narrows it down to 25 semifinalists, with only 5 companies making it … [More]

Diamond Age Raises $50 Million to Advance Robotic Home Construction System and Go to Market

inbusinessPHX.com

Diamond Age, a Phoenix-based full-stack robotics startup that is automating new home construction to make home ownership more affordable, raised a $50 million Series A round led by Prime Movers Lab. Seed investors Alpaca VC, Dolby Family Ventures, Timber Grove Ventures, and Gaingels all invested above their pro-rata and are joined by Signia Venture Partners. Additionally, 20% … [More]

Inflation Rose 7.9% in February, Highest in More Than 40 Years

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in February on a seasonally adjusted basis after rising 0.6 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.9 percent before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the … [More]

Top Veteran-Committed Employers Invite Military Veterans and Spouses to Virtual ‘Vet Talk’ Business Networking & Career Event

inbusinessPHX.com

BestCompaniesAZ will host its 8th Annual Veteran Business Networking and Career Event in conjunction with Career Connectors. This event brings together Arizona’s award-winning, military-friendly companies with veteran business professionals. All United States active duty and Reserve military members, military retirees, and their spouses/family members are invited to attend at … [More]

Does Your Tech Stack Match Your Company Culture? 3 Tips for Alignment

inbusinessPHX.com

Deciding on the right technology that fits your business’ needs and people can be challenging, but in today’s world that alignment is a must. Software adoption often has a measurable effect on the bottom line. Research shows, for example, that sales organizations are less likely to meet their quotas if they are using customer relationship management systems less than 75% of … [More]

Arizona’s Self-Storage Industry Continues to Flourish

inbusinessPHX.com

Although the past two years have been challenging for most business sectors in Arizona, the state’s commercial real estate community – and the self-storage industry in particular – fared better than expected and in some cases even flourished. “This is not the first time that the self-storage industry has shown exceptional strength in a downturn,” said John Chang, Senior Vice … [More]

Two Years Later: How the Pandemic Has Rocked the U.S. Housing Market

inbusinessPHX.com

This week marks the two-year anniversary of the coronavirus pandemic, which the World Health Organization officially declared a pandemic on March 11, 2020. The housing market has changed drastically since then—there are now half as many homes to choose from, and prices have surged 34%, according to a new report from Redfin, the technology-powered real estate … [More]

Lorenzo Chavez named Executive Director, Education & Scholarships at the Arizona Community Foundation

Arizona Community Foundation

The Arizona Community Foundation is pleased to announce that Lorenzo Chavez will become Executive Director, Education & Scholarships beginning March 14, 2022. He succeeds Joy Klein who will be leaving to join Friends of the Children as Executive Director of the organization’s Phoenix location later this month. Chavez has worked for Arizona State University for the past … [More]

Small Business Owners Reporting Inflation as Biggest Problem, Reaches Highest Level Since Q3 1981

NFIB

In February, the NFIB Optimism Index decreased by 1.4 points to 95.7, the second consecutive month below the 48-year average of 98. Twenty-six percent of owners reported that inflation was their single most important problem in operating their business, a four-point increase since December and the highest reading since the third quarter of 1981. “Inflation … [More]

Personal Growth Platform GUIDELY Launches Subscription Membership Program and App

inbusinessPHX.com

Guidely, the intelligent platform for personal growth and development, announced today the launch of "Guidely Community", a new membership community and smartphone app, making personal growth, mental health and coaching services more accessible to people worldwide. Highlighting the Guidely Community's exclusive and premium offerings, is a live workshop coming March 15 at 8pm ET … [More]

CommonSpirit Health and DHGE Launch Nation’s Largest and Most Innovative Nurse Residency Program

inbusinessPHX.com

Nurses are the backbone of healthcare. They comprise 33% of the workforce at CommonSpirit Health, one of the nation's largest health systems. Across America, labor data show the demand for registered nurses will continue to grow by 5% in the next five years. As shortages persist due to resignations and retirement, employers will need to not only recruit 1.1 million new nurses … [More]

Nestlé Invests $675 Million to Build Arizona Factory, Creating 350 Jobs

inbusinessPHX.com

Nestlé USA announced a $675 million investment to build a new beverage facility in Glendale, Arizona. The 630,000-square-foot factory is expected to be operational in 2024, creating over 350 jobs. The facility, which will sit on 143.6 net acres of land in Glendale, will produce high-quality creamers for Nestlé’s category-leading portfolio, including the Coffee mate, Coffee … [More]

invisionAZ and StartUpAZ Announce New Block of EmergeAZ Fast II Grant Awardees

inbusinessPHX.com

invisionAZ and StartupAZ announce new blocks of EmergeAZ Fast II Grant awardees. In partnership with Governor Doug Ducey, $1.5 million has been allocated to the EmergeAZ Fast II Grant to provide resources to Arizona entrepreneurs and startups with emerging technologies designed to address current and future economic, health, or societal challenges. “The first year of grants … [More]

Healthcare Certifications Top List of Well-Paying Careers by U.S. News and World Report

inbusinessPHX.com

"U.S. News and World Report" just released a list of 15 certifications that can lead to well-paying careers. Of the 15 listed, the majority of those careers were in the medical field. All of those medical careers are available at Pima Medical Institute. While not every program is available at every Pima Medical location, several are. Medical Assistant and Medical Secretary, … [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