SBA Announces Moratorium on Bona Fide Place of Business Requirements for the 8(a) Business Development Program  

U.S. Small Business Administration

The U.S. Small Business Administration today announced a moratorium on the requirement that participants in SBA’s 8(a) Business Development Program must establish a bona fide place of business in a specific geographic area in order to be awarded any construction contract through the 8(a) Program due to the ongoing challenges of COVID-19.  The moratorium is effective August 25, … [More]

AC Hotel Downtown Phoenix Acquired by Chicago Group

inbusinessPHX.com

Chicago-based hotel investment and management company, Arbor Lodging Partners, is proud to announce today its latest acquisition and first expansion into the Phoenix market, with AC Hotel Phoenix Downtown. Located in the lively, bustling downtown that has been experiencing rapid growth and development in recent years, the AC Hotel Phoenix Downtown boasts 199 luxurious rooms and … [More]

Ducey Names Don Herrington as Interim ADHS Director, Taps Richard Carmona as Senior Public Health Advisor

State of Arizona Office of the Governor

Governor Doug Ducey today named Don Herrington, a 21-year veteran of the Arizona Department of Health Services, to succeed Dr. Cara Christ and oversee the frontline health care workers who have spearheaded the state’s response to the COVID-19 pandemic. The Governor and Herrington together named Dr. Richard Carmona, the 17th Surgeon General of the United States, to serve as … [More]

U.S. Weekly Jobless Claims Rise but Stay Near Last Week’s Pandemic Low

U.S. Department of Labor

In the week ending August 21, the advance figure for seasonally adjusted initial claims was 353,000, an increase of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 348,000 to 349,000. The 4-week moving average was 366,500, a decrease of 11,500 from the previous week's revised average. This is the lowest level for this average … [More]

Quarterly Trends Update on the Construction, Manufacturing, Retail, and Services Industries

NFIB

The NFIB Research Center released a quarterly Small Business Economic Trends industry report highlighting the construction, manufacturing, retail, and services industries. NFIB’s July Small Business Economic Trends report showed the overall Optimism Index at 99.7. “Small businesses are working hard to recover from the pandemic while still facing strong headwinds,” … [More]

4 Key Aspects of Restaurant and Bar Insurance Coverage

by David DeLorenzo

One of the most important things a bar or restaurant owner will have to manage in their business is their insurance. Intended to help protect owners against a host of issues, proper insurance coverage can truly “make or break” a business. It’s essential to work with a professional, experienced agent who knows the ins and outs of the hospitality industry, as this type of … [More]

Today Is National Women’s Equality Day – A Day to Recognize Equity in the Workplace

University of Phoenix

When University of Phoenix set out to create a suite of professional development courses, designed to provide an efficient and cost-effective path to short-burst higher learning, they chose a collaborator, Freedom Learning Group (FLG), who has made it their mission to help military spouses stay relevant in the workforce while achieving work/life balance. FLG's efforts have … [More]

What’s Influencing Your IT Budget? 6 Post-Covid Corporate IT Trends

by Tony Zorc

Before planning for new technology upgrades or further cloud migrations, it’s critical to understand the IT market. There are 6 corporate IT trends that are actively influencing every organization’s IT budget today. 1. IT structure: On-Prem Networks to Software As a Service (SAAS) - Instead of having IT managed at the office site, businesses purchase software that is … [More]

Second Responders Get Own Day of Recognition Throughout the Valley Sep. 1

Maricopa Association of Governments

They may not be first on the scene, but their work has lasting, life-saving results. Now, second responders are being honored for their efforts through a special “Second Responders Day” on September 1, 2021, including a resolution of support from the Maricopa Association of Governments (MAG). Second responders provide support to individuals and families in the wake of … [More]

Partnership Announced to Provide Cost-Effective, High-Quality Employee Benefit Solutions

inbusinessPHX.com

VensureHR, the human resources consulting and support division of Vensure Employer Services, is proud to announce a partnership with Papaya Global, a cloud-based SaaS automation platform for payroll and workforce management. This partnership helps support VensureHR’s global initiative to streamline essential business tasks, minimize business-related threats, and provide … [More]

Newly Constructed 450,000-Square-Foot Industrial Building Adjacent to Goodyear Airport Sells

CIM Group

CIM Group announced today that it has acquired 2250 S. Litchfield Rd., a newly constructed 450,619-square-foot industrial building adjacent to the Phoenix Goodyear Airport in Goodyear, Arizona. The state-of-the-art crossdock industrial facility features 36-foot clear heights,190-foot truck courts, and ample auto and trailer parking on a 29.2-acre site. The property is the … [More]

onsemi to Acquire GT Advanced Technologies

onsemi

onsemi, a leading supplier of intelligent power and sensing technologies, and GT Advanced Technologies (“GTAT”), a producer of silicon carbide (SiC), today announced that they have entered into a definitive agreement under which onsemi will acquire GTAT for $415 million in cash. Founded in 1994, GTAT has significant experience in crystalline growth, including SiC. SiC … [More]

Delta Dental of Arizona Announces Michael Jones as President and Chief Executive Officer

Delta Dental of Arizona

Delta Dental of Arizona is pleased to announce the appointment of Michael Jones as president and chief executive officer, effective October 2021. He will also serve as the president of the charitable Delta Dental of Arizona Foundation, which provides much-needed funding, education and dental supplies to those in need across the state. As president and CEO, Jones will be … [More]

Water Agencies Across West Partner to Conserve Colorado River Water

inbusinessPHX.com

Seizing every opportunity to use Colorado River resources as efficiently and effectively as possible and to help slow Lake Mead’s declining levels, water agencies across the Southwest are partnering with the federal government to fund a short-term agricultural land fallowing program in California that will conserve water on a large scale. The partnership among the U.S. … [More]

Magellan Healthcare Offers Ecosystem of Services for Suicide Prevention

Magellan Healthcare, Inc.

Magellan Healthcare, the behavioral and specialty healthcare division of Magellan Health, Inc., announced high-touch and high-tech resources to advance suicide prevention and intervention. “At Magellan, we care deeply about addressing the public health crisis of suicide through awareness, empowerment and action,” said Caroline Carney, M.D., chief medical officer, … [More]

Arizona Workers’ Compensation Claim Frequencies are 42% Above US Average, Says Report

AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc., a global specialty property and casualty insurer, today released the AmTrust 2021 Contractor Risk Report, identifying common injuries and the resulting time off work for the specialized group. The report, based on 26,000 workers’ compensation claims over 10 years, found that companies in business less than four years make up 75 percent of … [More]

Phoenix Digital Divide Solution Elevates Education and Workforce Opportunity

inbusinessPHX.com

Deployed as a digital divide solution, the Phoenix Digital Education Connection Canopy is a replicable network connecting students to schoolwork and virtual classrooms in Phoenix, Arizona. “It’s the silver lining from the pandemic cloud,” said Laura Pastor, Phoenix city councilwoman, whose district includes many of the city’s digitally underserved neighborhoods. “Children … [More]

Are Your Best Employees Accepting Recruiter Calls?

inbusinessPHX.com

Finding and hiring the right talent is often a difficult task for companies, but retaining workers with high-level skills is becoming even harder as people leave their jobs in droves, looking for improvements in pay, work-life balance, management, and work culture. In digital marketing – a crucial component for business growth – talent retention has never been more critical, … [More]

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