USA TODAY NETWORK Launches USA TODAY Sports+ Premium Subscription Product

Gannett Co.

Gannett Co., Inc. announced the launch of USA TODAY Sports+, an all-new premium digital subscription experience. USA TODAY Sports+ enables subscribers to curate and customize their local sports experience with immersive content including interactive video, audio and augmented reality features to realize a stronger connection to their devoted sports teams. USA TODAY Sports+ … [More]

U.S. Home Price Index Annual Growth Reaches All-Time High in July, Says Report

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for July 2021. With mortgage rates remaining near record lows, the ongoing challenges of persistent demand and constricted supply continue to put upward pressure on home prices. A recent CoreLogic survey of … [More]

Developers Propose Massive Industrial Projects in Metro Phoenix

by Gail Kalinoski

The hot Phoenix-area industrial market could see two new developments totaling nearly 3 million square feet of warehouse and distribution or manufacturing space built in Glendale, Ariz., near Luke Air Force Base and Loop 303. The separate projects from Hopewell Development and The Pizzuti Cos. are being considered by Glendale officials with a Sept. 28 vote on the … [More]

Record-Breaking 183-Acre Master-Planned Industrial Development Comes to Rapidly-Expanding Phoenix

CapRock Partners

CapRock Partners, a leading industrial investor, developer and asset manager in the Western U.S., today announced the development commencement of CapRock West 202 Logistics, the largest speculative industrial real estate project in the history of the City of Phoenix. CapRock is transforming one of the largest remaining infill land sites in the Southwest Phoenix submarket into a … [More]

Is Your Company In Culture Shock? How Leaders Can Practice What They Preach

inbusinessPHX.com

As many workers flee their current jobs, burnout and lack of growth opportunities are being cited as two of the biggest reasons. These changing work dynamics and employee perspectives, caused by the COVID-19 pandemic, are highlighting the importance of having a strong work culture that’s sustainable, says David Friedman, author of Culture by Design: How to Build a … [More]

5 Downtown Phoenix Nightlife Options for a Night on the Town

by Mer Norwood

Downtown Phoenix’s nightlife scene is bustling with craft cocktails, local music and hidden speakeasies. Here are a few spots to grab a drink and a bite to eat when the sun goes down. Bitter & Twisted Cocktail Parlour Recognized as one of the best bars in America by the likes of the Food Network, Huffpost, Eater, Food & Wine magazine and others – Bitter and … [More]

Gaming Co. Receives License to Offer Mobile Event Wagering from Arizona Department of Gaming

Fubo Gaming

Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc., announced that it has been granted a Management Services Provider Certification from the Arizona Department of Gaming (ADG), which subject to certain additional regulatory approvals, will allow Fubo Gaming to offer mobile event wagering within the state of Arizona through a market access … [More]

Payroll Employment Rises by 235,000 in August, Unemployment Rate Declines to 5.2%

U.S. Bureau of Labor Statistics

Total nonfarm payroll employment rose by 235,000 in August, and the unemployment rate declined by 0.2 percentage point to 5.2 percent, the U.S. Bureau of Labor Statistics reported today. So far this year, monthly job growth has averaged 586,000. In August, notable job gains occurred in professional and business services, transportation and warehousing, private … [More]

Counterfeit Money: How to Spot Fake Bills

ZenBusiness

When retailers accept fake bills, they bear the entire burden of the loss. And although money printing techniques are improving, the bad bills can be detected. Here’s how to spot counterfeit money and protect your business from related losses. Unfortunately for businesses, not all counterfeit bills are found and seized before getting into distribution. And when a business … [More]

Nikola Announces Strategic Agreements with Bosch for Fuel-Cell Manufacturing

Nikola Corporation

Nikola Corporation, a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions, today announced agreements with the Bosch Group of companies for Nikola Class 7 and 8 fuel-cell electric vehicles (FCEV) which will enable Nikola to build the Bosch fuel-cell power modules at … [More]

U.S. Jobless Claims Hit Pandemic Low, Employment Strengthening

U.S. Department of Labor

In the week ending August 28, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 14,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week's level was revised up by 1,000 from 353,000 to 354,000. The 4-week moving average was 355,000, a decrease of … [More]

Additional $60 Million to Support Hospital Staffing Announced

Arizona Department of Health Services

Governor Doug Ducey announced Wednesday that $60 million to support staffing at health care facilities that deploy proven techniques to decrease COVID-19 related hospitalizations, including administering monoclonal antibody treatments and offering vaccination at discharge. “Arizona’s health care professionals and all frontline workers are heroes, without a doubt,” said … [More]

Staggering 50% of Small Business Owners Report Job Openings They Can’t Fill, Says Report

NFIB

Fifty percent of all small business owners reported job openings they could not fill in the current period, a record high reading according to NFIB’s monthly jobs report. The number of unfilled job openings has remained far above the 48-year historical average of 22%. “Small employers are struggling to fill open positions and find qualified workers resulting in … [More]

Home Loan Co. Launches New Program That Upgrades Home Purchase Offers to Cash

Homie

As the housing market continues to set records with low inventory and increasing buyer competition, cash is king. Today, Homie Loans announced Homie CashTM, a new program that allows buyers to make all-cash offers to drastically increase their chances of winning the perfect home. Cash offers are 3 times more likely to win in a competitive bidding war, making it one of the … [More]

Tempe Chamber of Commerce Board Names Interim President & CEO

Tempe Chamber of Commerce

The Tempe Chamber of Commerce Board of Directors has named Denise Hart as the interim President & CEO while the board continues its search for a permanent replacement to fill the opening. Denise recently assumed the role of Vice President of Marketing & Programs, after serving as the President & CEO at the Apache Junction Chamber of Commerce for two and a half … [More]

San Diego CRE Investment Firm Acquires Two Multifamily Properties Totaling 508 Units in Phoenix

Tower 16 Capital Partners

San Diego-based Tower 16 Capital Partners has acquired two properties across two separate transactions totaling 508 units in Phoenix, Ariz., for a total of $78.5 million. Banyantree Apartments, a 232-unit multifamily property located in Phoenix, Ariz., was acquired for $36.5 million. Banyantree was built in 1973 and has been owned and operated by a private family for nearly 30 … [More]

Putting Business Superpowers to Use in Times of Need

inbusinessPHX.com

Airbnb saw an opportunity to render support when turmoil spread across Afghanistan as the U.S. announced withdrawal of military forces. The company offered to temporarily house as many as 20,000 Afghan refugees globally, with Airbnb’s chief executive expressing hope that others would be inspired to follow the company’s lead. The move was just one example of how many … [More]

3 Key Areas the New Infrastructure Bill Will Help Small Businesses

by Edgar R. Olivo

Excitement is building around the new bipartisan infrastructure deal that was passed in the U.S. Senate on August 10, 2021, also known as the Infrastructure Investment Jobs Act, as part of President Biden’s “Build Back Better” plan. This bill would allocate $1.2 trillion in new spending for roads, bridges, public transportation, electric vehicle charging stations, broadband … [More]

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