U.S. Jobless Claims Fall for Third Straight Week

U.S. Department of Labor

In the week ending February 5, the advance figure for seasonally adjusted initial claims was 223,000, a decrease of 16,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 238,000 to 239,000. The 4-week moving average was 253,250, a decrease of 2,000 from the previous week's revised average. The previous week's average was revised … [More]

Honeywell Selected to Power New Helicopter in Key U.S. Army Pursuit

Honeywell

Honeywell has been selected to provide its new HTS7500 turboshaft engine as the power behind the Lockheed Martin Sikorsky-Boeing DEFIANT X® helicopter, currently a contender to win the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) competition. Powered by Honeywell’s HTS7500 engine, the Lockheed Martin Sikorsky-Boeing DEFIANT X is ready for … [More]

Web Hosting 101

by Kelsey James

In the most basic terms, web hosting is the service that enables an individual or organization to publish a website on the Internet. While we may think of websites as something that only exists digitally, the truth is physical resources are also needed to power Internet content, mainly in the form of servers. A server is a powerful computer that holds all the files that … [More]

Prices Rose at a 7.5 % Annual Rate in January, the Fastest Pace of Inflation in 40 Years

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.5 percent before seasonal adjustment. Increases in the indexes for food, electricity, and shelter were the largest contributors to the … [More]

Innovators and Entrepreneurs Who Help Drive Arizona’s Tech and Innovation Ecosystem Meet

inbusinessPHX.com

Innovators and entrepreneurs who help drive Arizona’s technology and innovation ecosystem met at the CONVERGE Tech Summit, one of the Waste Management Phoenix Open’s signature events. Known as the “Greatest Show on Grass,” the Open is one of the most important stops on the PGA Tour. The widely attended tournament officially kicks off tomorrow in Scottsdale. “There’s never … [More]

ASU Law Forms Center for Constitutional Design

inbusinessPHX.com

Recent history has amply demonstrated that questions of constitutional design and interpretation remain at the center of U.S. politics. Universities and law schools can serve the nation by promoting a robust dialogue about the strengths and weaknesses of our constitutional system. In that spirit, the Sandra Day O'Connor College of Law at Arizona State University has launched … [More]

NAIOP Arizona Gets National Nod, Captures Award for Most New Members

inbusinessPHX.com

The Arizona Chapter of NAIOP, the Commercial Real Estate Development Association, was named 2022 Large Chapter of the Year at the annual Chapter Merit Awards (CMAs). NAIOP Arizona also won an award for a record Highest Number of New Members among the 52 chapters across the U.S. and Canada last year. NAIOP Arizona added more than 270 new members in 2021, a 13 percent … [More]

Leading Window Treatment Franchise Expands Footprint in Arizona

inbusinessPHX.com

Gotcha Covered, a leader in custom window treatment consultation in the U.S. and Canada, continues to increase its presence in Arizona with the opening of Gotcha Covered of Paradise Valley. The new home-based center is owned and operated by Yulia Venedektova. With an emphasis on end-to-end consultations, this business will provide the best in soft and hard … [More]

Republic Services to Acquire a Leading Environmental Solutions Company

inbusinessPHX.com

Republic Services, Inc. and US Ecology, Inc. have entered into a definitive agreement under which Republic Services will acquire all outstanding shares of US Ecology for $48 per share in cash, representing a total value of approximately $2.2 billion including net debt of approximately $0.7 billion. US Ecology is a leading provider of environmental solutions offering … [More]

Leading Dog Daycare and Wellness Franchise Poised for Record Year in 2022

inbusinessPHX.com

Dogtopia, the nation's fastest-growing dog daycare franchise, is excited about 2022 after another year of great success in 2021. The brand is embarking on its most aggressive expansion to date in the new year while forging new partnerships and rolling out new systems, technology and support along with unique wellness initiatives that will deliver holistic mental and physical … [More]

Taking the Mystery Out of AI: 4 Ways It Makes Life Easier

by Rajeev Ronanki

Artificial intelligence is significantly impacting the world, yet there’s still a great amount of mystery – and misconceptions – about it. The public’s imagination has been heavily shaped by science fiction, with the term AI evoking images of robots like WALL-E, C3PO from Star Wars, and David from Stephen Spielberg’s movie A.I. Scientists and technologists refer to this kind … [More]

3 Ways to Nurture Business Relationships through Online Meetings 

by Phil Kelley Jr.

Did you fight to keep from nodding off during your company’s most recent video call?  Or are you leading the meeting and half your group is hiding behind black screens, secretly nodding off to your presentation? Perhaps you strained to understand a speaker with a faulty microphone, or lost connection due to your own tech malfunctions? Video conferencing is your next best … [More]

Growth within Arizona’s Job Market and Economy

by Brianna Pacelli

Despite the highs and lows of the Arizona job market — mostly caused by the Great Resignation and a pandemic — officials say the state’s economy and workforce pipeline continue to flourish. “Job growth has been huge. We’ve attracted a number of different companies to the market and so job growth continues moving forward,” said Jennifer Mellor, chief innovation officer for … [More]

Harkins New Dine-In Luxury Theatre Experience at New PV Mall Development

inbusinessPHX.com

Harkins Theatres, Arizona’s homegrown movie theatre company, announces plans to bring its new dine-in theatre concept to the new mixed-use development underway on the former site of Paradise Valley Mall in Phoenix and to Lake Pleasant Towne Center in Peoria, AZ. Harkins Ciné Grill™ will feature made-to-order delicious cuisine, craft cocktails, local brews and traditional movie … [More]

CONVERGE Tech Summit Returns to the WM Phoenix Open Tomorrow, Feb 9

inbusinessPHX.com

Presented by ASU Enterprise Partners' RealmSpark, the 2022 CONVERGE Tech Summit returns to the WM Phoenix Open on Wednesday, Feb. 9 for a day of candid conversations and exciting announcements. CONVERGE Tech Summit showcases Arizona innovation, discusses issues critical for tech innovation and betterment. Sponsored by invisionAZ, the CONVERGE … [More]

‘How to Start a Nonprofit’ Resource Guide Offered as Free Download

inbusinessPHX.com

A new free resource guide from the Alliance of Arizona Nonprofits provides insight and questions to ask when considering the creation of a new nonprofit organization, including what other options may exist for an individual to contribute to their desired community impact. If creating a nonprofit is the option, the guide leads users through the process of starting a nonprofit in … [More]

4th Quarter 2021 Brings Decline in Phoenix Office Vacancy

inbusinessPHX.com

Greater Phoenix posted its first quarterly decrease in office vacancy since the pandemic hit in 2020, according to a report released by Colliers in Arizona.  Additional office market conditions include steady rental rates and impressive investment sales. Population growth and economic expansion in Greater Phoenix are credited with helping the area’s office market remain … [More]

Inflation Continues Impact on Small Businesses, Says Survey

NFIB

The NFIB Small Business Optimism Index decreased slightly in January to 97.1, down 1.8 points from December. Inflation remains a problem for small businesses as 22% of owners reported that inflation was their single most important business problem, unchanged from December when it reached the highest level since 1981. The net percent of owners raising average selling prices … [More]

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