In alignment with Komatsu’s mining strategy of delivering high customer satisfaction and supporting business growth through successful partnerships, the company has transitioned ownership of six independent Core Machinery dealerships to Komatsu-owned dealers in the Southwestern United States. Three former Core Machinery locations in California (Bakersfield, Mojave and Perris), … [More]
First In-Depth Analysis of Waymo’s Entry into the Rideshare Market Released
Obi, the global real-time aggregator for rideshare prices, released The Road Ahead: Pricing Insights on Waymo, Uber and Lyft, a data-driven analysis comparing the rideshare giants in the real world. With hour-by-hour data from nearly 90,000 rides in San Francisco, and consumer surveys from over 500 riders across Phoenix, Los Angeles, and San Francisco, the report offers the … [More]
Survey: Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability
Over half of U.S. homeowners and renters (51.2%) strongly or somewhat agree with the following statement: “Less immigration will result in fewer construction workers, and thereby fewer new homes, making homes more expensive.” That’s according to a new survey commissioned by Redfin, the technology-powered real estate brokerage. But much of the nation holds the opposite view; … [More]
Delta Dental Creates Leadership Role to Shape Organization’s Technology Vision
Delta Dental of Arizona is pleased to announce that Shahzad Shah has joined the health and wellness company as its senior vice president of information technology. This newly created executive leadership role will shape and implement the organization's technology vision, lead the IT department, and drive innovation that supports the company's mission, vision, and long-term … [More]
EV Innovator Expands Valley Footprint With New Hub
Lucid Group, Inc. maker of the world’s most advanced electric vehicles, announced the opening of its Phoenix Hub facility in Arizona, following the company’s acquisition of select Nikola assets in early April. The new Lucid facility marks a strategic expansion for the company, furthering its manufacturing, product development and warehousing footprint while advancing the … [More]
High Desert Botanical Gin Brand Expands Statewide
Suncliffe Gin, an industry-loved spirit that has long graced the menus of some of Arizona’s most beloved cocktail programs, is now even easier to enjoy at home. The gin—crafted with wild-harvested botanicals from the high desert—can now be found on shelves at select Safeway locations across the state, making it more accessible than ever to add a taste of Arizona to your bar … [More]
New Office and Manufacturing Facility Set to Open in Mesa
Ware Malcomb, an award-winning international design firm, announced construction is complete on a consolidated office and manufacturing facility for Super Radiator Coils, located in Mesa, AZ. Ware Malcomb’s Phoenix office provided architecture, interior architecture and design and MEP consulting services for the 150,000 square foot build-to-suit project, located on a 11-acre … [More]
Study Reveals Where U.S. Healthcare Costs Increased Most in Five Years, Arizona Ranks Ninth
Healthcare costs have risen dramatically across the U.S. over the past five years, but a new study has revealed that some states saw increases nearly double the national average. Home health care software company Steno Health gathered data from the Bureau of Economic Analysis to calculate and break down each state's personal healthcare expenditures over a five-year period, … [More]
Powering Arizona’s Remarkable Growth; Utility’s Response to Increased Commercial and Industrial Demand
As Arizona’s population and economy continue to grow, so does the state’s appetite for electricity. APS’s customer base, which for decades leaned heavily residential, is now more diversified than ever before. A robust increase in commercial and industrial customers in our service territory – including new chip manufacturing and expanding data center operations – is leading to … [More]
Carvana Launches National Campaign with Hollywood Veteran
Carvana, an industry pioneer for buying and selling used cars online, today announced a new national campaign in collaboration with Emmy and Golden Globe-winning actor Jon Hamm. The campaign highlights how easy it is to sell your car to Carvana, as Hamm brings his signature humor and relatability to a series of new ads launching across digital, broadcast, and streaming … [More]
Small Business Optimism Increases in May
Taxes are now small business owners’ single most important problem
The NFIB Small Business Optimism Index increased by three points in May to 98.8, slightly above the 51-year average of 98. Expected business conditions and sales expectations contributed the most to the rise in the index. The Uncertainty Index rose two points from April to 94. Eighteen percent of small business owners reported taxes as their single most important problem, up … [More]
Phoenix Build-to-Rent Townhome Communities Hit Milestone
Rockefeller Group, the U.S. real estate developer, owner, and operator, announced vertical construction has commenced on Corsica Villas at 20th St. and Corsica Villas at Euclid Ave. The build-to-rent (BTR) communities, Rockefeller Group’s first in Arizona, will deliver 152 townhome units to South Phoenix. Mosaic, a full-stack BTR development platform, was selected as the … [More]
Homebuilder Launches Smart Home Sales in Mesa Community
Landsea Homes Corporation, a publicly traded residential homebuilder, announced homes are now selling at Rialta in Mesa, Arizona. “With the growing demand for quality new construction in Mesa, Rialta provides a unique opportunity for homebuyers own a home in a community that combines modern design, sustainable living, and a prime location,” said Tom Sanford, Vice President … [More]
Arizona Ranks 1st in Worker Freedom and Economic Mobility
The American Legislative Exchange Council (ALEC) released States That Work: A Labor Policy Roadmap Across America, a groundbreaking publication ranking all 50 states based on their commitment to worker freedom and pro-growth labor reforms. Arizona claims the top spot, earning recognition as the nation’s leading example of how principled labor policy fuels economic … [More]
Arizona Is Among the Most Affected by Inflation
Phoenix losses reach 86% of interest gains over 40 years, study reveals
Many Americans see their account balances growing and assume they're building wealth, but don't realize how much of that growth is being canceled out by rising prices. A new study by RealWorldInvestor.com, an investing review site, has calculated how inflation will erode Americans' savings over the next four decades, revealing stark regional differences in how much of their … [More]
Phoenix Suns Make Official New Head Coach Hire
The Phoenix Suns have named Jordan Ott as the team’s head coach. Ott is a veteran basketball coach with nearly two decades of experience including 12 years in the NBA. “Jordan embodies the culture of excellence and accountability we're going to prioritize,” said Suns owner Mat Ishbia. “He is young, hungry and is ready to be an NBA head coach. His track record of developing … [More]
Opening of South Central Light Rail Extension/Downtown Hub Celebrated
5.5-mile light rail extension connects South Phoenix to Valley Metro Rail’s new two-line system
More than 5,000 community members, along with federal, state and local officials, gathered to celebrate the opening of the South Central Extension/Downtown Hub light rail expansion in Phoenix. The extension represents an historic milestone for Valley Metro Rail marking the system’s evolution to a 35-mile two-line rail system. The A line now travels east/west and the B line … [More]
Phoenix-Based Premium Chauffeured and Transportation Services Co. Names New CEO
Carey International, a renowned global provider of premium chauffeured services and ground transportation solutions and a portfolio company of The Najafi Companies, announced the appointment of Alexander Mirza as Chief Executive Officer. As CEO, Mirza will be responsible for strategic, operational and financial leadership of the company. Mirza will take over from Mitchell … [More]
