Honeywell Aerospace Completes Spin-Off

inbusinessPHX.com

Honeywell Aerospace Inc., a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies, today celebrates its first day as an independent, publicly traded company following the completion of its spin-off from Honeywell International Inc. Shares of Honeywell Aerospace will begin trading on the Nasdaq Stock Market effective at the market … [More]

Three Questions Every Business Owner Should Ask Before Selling

by Mark Herbick

With tariffs, oil price volatility and ongoing geopolitical tensions dominating the news cycle, many business owners are asking the same question: Is now a good time to sell? According to Mark Herbick, founder and CEO of middle-market advisory firm Pursant LLC, the answer depends far less on headlines than most owners assume. “A lot of people think that because of the things … [More]

Raytheon Secures $1.1B Contract to Ramp Missile Production

inbusinessPHX.com

Raytheon, an RTX business, was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles to bolster U.S. military inventory and meet increased demand from allied nations. Under the contract, Raytheon will produce AIM-9X missiles along with associated hardware and software for U.S. and Foreign Military Sales customers. "Our teams have … [More]

Valley Chip Giant Makes $7B Bet on Next-Gen Computing

inbusinessPHX.com

onsemi  and Synaptics Incorporated announced they have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an … [More]

ACA Funding Backs Six New Arizona Health Tech Projects

inbusinessPHX.com

The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona's economic opportunities, has secured $600k in funding from the Arizona Commerce Authority (ACA) to support six new health technology projects. Through PEI’s Applied Research Centers, these projects represent the fifth and latest cohort of … [More]

Toll Brothers to Launch Luxury Home Community in Peoria

inbusinessPHX.com

Toll Brothers, Inc., the nation’s leading builder of luxury homes, today announced its newest luxury home community, Toll Brothers at Saddleback, is coming soon to Peoria, Arizona. Located within the Saddleback master plan, this gated community will offer two refined collections of single-story homes and access to exceptional resort-style amenities. Sales are anticipated to … [More]

Canada Reopens Phoenix Office Following Long Hiatus

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To further strengthen the growing relationship between Arizona and Canada, dignitaries and leaders from both regions gathered to mark the opening of the new Canada Consulate office in Phoenix with a ribbon cutting ceremony and reception held on June 24, 2026. Governor Katie Hobbs joined Mark Wiseman, Ambassador of Canada to the United States; Sylvie Bédard, Consul General … [More]

Arizona Businesses More Bullish Than National Peers

by Columbia Bank

Nearly 70% of Arizona businesses say they are prioritizing making investments over cutting costs, according to new data released today by Columbia Bank. At the same time, half of Arizona business leaders say they plan to monitor current pressures from tariffs, inflation and rising energy costs for at least six months before making major decisions.  The findings are … [More]

‘Job Scrolling’ Emerges as New Workplace Warning Sign

by Amanda Augustine

A new workplace behavior is emerging during the workday, one that experts at Careerminds are calling "job-scrolling." The trend comes at a time when 61% of U.S. employees are considering leaving their current job and another 43% say they plan to search for a new position this year.  Careerminds analyzed Reddit threads and hundreds of comments where employees openly share their … [More]

Arizona Takes First Steps Toward Its Nuclear Future

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Arizona Public Service (APS), Salt River Project (SRP) and Tucson Electric Power (TEP) continue to work together to explore adding nuclear generation in Arizona, including through a preliminary siting study now underway. New nuclear generation will take time to develop, which is why it’s essential that Arizona’s leading energy providers begin these initial steps now. APS, SRP … [More]