FirstBank Closes Out Record Year, Awards $15,000 to Valley Businesses

Rick McCartney

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced year-over-year double-digit percentage increases in assets, deposits, and income in the fourth quarter of 2021. Across FirstBank’s Arizona branches, assets totaled nearly $1.2 billion, up 21.4 percent. Total deposits were $1.1 billion, up 42.5 percent from the same time … [More]

Arizona Young Artists’ Competition Finals Saturday at Herberger Theater

Rick McCartney

Join the legacy of young artists seeking enriching educational opportunities. Through the Arizona Young Artists’ Competition, our community’s burgeoning creatives are given the opportunity to compete in the disciplines of Dance, Classical Voice, Musical Theatre Voice and Acting.  This competition allows for young Arizona artists to experience the audition process and garner … [More]

26th Annual Greater Phoenix Jewish Film Festival Continues through Feb 27th

Rick McCartney

https://youtu.be/35cy5pPwDIA For more than a quarter of a century, the Greater Phoenix Jewish Film Festival (GPJFF) has celebrated Jewish culture through film, bringing an exciting lineup of films to Arizona, honoring Jewish traditions and heritage. From February 10 through February 27, 2022, the 26th Annual Greater Phoenix Jewish Film Festival will screen films showcasing … [More]

Longtime Terros CEO to Retire, COO to Assume the Reins

inbusinessPHX.com

Terros Health, an Arizona integrated healthcare company for more than 50 years, is looking to the future following a planned leadership transition. After a comprehensive succession planning process, Terros Health’s Board of Directors has promoted Dr. Karen Hoffman Tepper, the company’s Chief Operations Officer for the past eight years, to President and CEO. Tepper will … [More]

Pinnacle West Adds Former Head of Arizona Hispanic Chamber of Commerce to Its Board of Directors

Pinnacle West Capital Corp.

  Pinnacle West Capital Corp., announced that Gonzalo A. de la Melena Jr., Founder and Chief Executive Officer of Phoenix-based Emerging Airport Ventures, has been elected to the company’s board of directors effective immediately. For nearly a decade, de la Melena served Arizona communities as President and CEO of the Arizona Hispanic Chamber of Commerce, where he … [More]

Carvana to Accelerate Growth through Acquiring Auction Business

inbusinessPHX.com

Carvana, the industry pioneer for buying and selling cars online, has signed a definitive agreement to acquire ADESA’s US physical auction business (“ADESA U.S.”), a wholly owned subsidiary of KAR Global (NYSE: KAR), subject to customary closing conditions, for $2.2 billion in cash. ADESA U.S. is the second largest provider of wholesale vehicle auction solutions in the United … [More]

Does Your Recruiting and Culture Meet the New Candidate’s High Expectations?

inbusinessPHX.com

“The Great Resignation” in 2021 created a talent shortage and prompted company leaders to re-evaluate their perspective on hiring and culture. Amid job candidates’ shifting demands and higher expectations, some businesses are learning they’ll need to adapt their recruiting strategies to hire the right workers in 2022. But while most leaders understand that a positive work … [More]

What Are the Psychological Effects of Discrimination at Work?

by Phil Cord

When setting about their career path, people envision a future where they come up through the ranks until they achieve their life goals, be it a high position in a company or a comfortable life. Though a few bumps along the way are expected, some might face adversity from an unexpected source. It would seem that working in the same space calls for mutual respect, yet some … [More]

Chandler Incubator Program Supports Young Inventors

inbusinessPHX.com

Chandler Innovations, the city's business incubation, and entrepreneurial development program, is once again running its Jr. Track for high school students working on STEM-based projects. The program was started in 2019 in collaboration with Rachna Nath, a science educator with Arizona College Prep, Erie Campus. "My students are working on projects that … [More]

GCU and Arizona Partner to Cover 100% of Tuition, Fees, Room and Board for Foster Children

inbusinessPHX.com

Arizona foster children will receive a full scholarship at Grand Canyon University thanks to a first-of-its-kind partnership with the Arizona Department of Child Safety. The Fostering Futures Scholarships college pathway program covers 100% of the costs for tuition, fees, and year-round room and board for qualified Arizona foster children by combining GCU's … [More]

Seven Arizona Bioscience Startups to Watch in 2022

inbusinessPHX.com

A regenerative treatment for Alzheimer’s disease, a respiratory-assist device to improve COPD patient care, a blood-based test for colorectal cancer, and a treatment to solve bad dog breath are some of the transformative advances of the 2022 Flinn Foundation Bioscience Entrepreneurship Program participants. The seven Arizona-based, early-stage companies competitively … [More]

Goodwill Launches High-Quality Clothing & Accessories Online Thrift Store

inbusinessPHX.com

Goodwill of Central and Northern Arizona has launched an online thrift store called Reclaimed Fashion featuring high-quality secondhand clothing and accessories for women, men, and children. The new site is live today and shoppers will receive free shipping over orders of $75. “Online fashion thrift is growing and our consumers have been asking for a way to shop … [More]

U.S. Weekly Jobless Claims Fall amid Tight Labor Market

U.S. Department of Labor

In the week ending February 19, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 17,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 248,000 to 249,000. The 4-week moving average was 236,250, a decrease of 7,250 from the previous week's revised average. The previous week's average was revised … [More]

More Than 75,000 Jobs Supported by Short-Term Rentals in Arizona, Says Report

inbusinessPHX.com

Airbnb and Expedia Group released a new report—the Economic Impact of Short-Term Rentals in Arizona—by Rounds Consulting Group, Inc. (RCG). This new report was commissioned by Airbnb and Expedia Group to better understand how short-term rentals support cities, towns, and the state. The study finds that short-term rentals are an integral part of the Arizona economy, with visitor … [More]

How to Build Leadership Programs for Women in Your Organization

inbusinessPHX.com

The percentage of women who hold leadership roles in business, higher education and government grows with each passing year – sometimes dramatically, sometimes incrementally. But every gain holds the promise of more gains, as young girls see opportunities previous generations didn’t. “Each of us stands on the shoulders of all the women in our chosen professions who have … [More]

Scottsdale Resort to Undergo Massive Multimillion-Dollar Renovation under New Ownership

inbusinessPHX.com

Driftwood Capital announced the purchase of The Scottsdale Resort at McCormick Ranch, a 326-room property that sits on 16.2 acres in the sought-after McCormick Ranch neighborhood, along with a comprehensive multimillion-dollar renovation that will cover all aspects of the resort. Upon completion, the resort will join Curio Collection by Hilton, a global set of remarkable … [More]

Small Business Digital Alliance Announces National Members and First Slate of Events

U.S. Small Business Administration

The Small Business Digital Alliance (SBDA) announced its national members and a slate of upcoming events. The SBDA is a new public-private co-sponsorship between the U.S. Small Business Administration (SBA) and Business Forward, Inc., a non-profit organization working with small business leaders in support of policies promoting America’s economic competitiveness, focused on … [More]

The Steele Foundation Expands Leadership Talent to Include Holly Tullis and Amber Skalsky

inbusinessPHX.com

The Steele Foundation has hired two strong leaders to support the growth of the Foundations work. Holly Tullis and Amber Skalsky have joined the foundation to strengthen the finance, administration and grantmaking functions within the organization. “We are thrilled that these two talented individuals will join our Foundation to support the work of improving the lives of … [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