Phoenix Food Company to Help Children’s Cancer Center of Lebanon with Support of Local Bank

inbusinessPHX.com

Americano Foods, creator of Americano® nut butters announced they will contribute 100 percent of proceeds from online sales throughout September to relief work in Beirut, Lebanon. FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” has agreed to match money raised throughout the month. Devastated watching the Beirut explosion and … [More]

Marcus & Millichap Names Phoenix-Based Brokers Cliff David and Steve Gebing Executive Managing Directors

Marcus & Millichap

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Cliff David and Steve Gebing have been named executive managing directors. The executive managing director designation is the highest designation a Marcus & Millichap investment professional can … [More]

CenturyLink Donates 3,800 Back-to-School Items to Arizona Foster Kids

CenturyLink

As children across Arizona begin returning to school in some fashion, CenturyLink is doing its part to ensure the transition is as easy as possible during the COVID-19 pandemic. In partnership with OCJ Kids — an organization that provides services and resources to children living in foster care — CenturyLink employees recently donated nearly 3,811 back-to-school items and … [More]

Arizona Top State For Women’s Equality, according to New Study

inbusinessPHX.com

Arizona ranks in the top 5 of states for Women’s Equality, according to a new study conducted by WalletHub. The study compared all 50 states across three key dimensions: Workplace Environment; Education & Health; and Political Empowerment. Arizona also ranked in the top five for the “Smallest Political Representation Gap” and “Smallest Work Hours Gap” subcategories, and … [More]

Rapidly Expanding Bell Bank Hires 5 New Leaders in Phoenix

Bell Bank

Bell Bank is expanding its presence in the Phoenix metro, hiring 5 new banking leaders to help guide commercial lending and deposit growth at Bell’s current and upcoming locations. Kyle Kennedy, Bell’s Phoenix president and Arizona banking director, announced that Adam Christensen has been named senior vice president (SVP)/commercial banker and Gerald Deetz has been named … [More]

70% Decrease in Banking Institution Net Income in Q2 Compared to 2019

Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) reported that commercial banks and savings institutions saw a decrease in net income of 70 percent from a year ago, while liquidity and capital levels remained very strong to meet loan demand and absorb any losses in the future. For the 5,066 commercial banks and savings institutions insured by the FDIC, aggregate net income … [More]

Scottsdale-Based Luxury Consignment Store Pivots to Reach Customers Worldwide amidst COVID-19 Pandemic

RED Development

It’s no secret that Instagram has been a lifeline for some businesses amidst the COVID-19 pandemic and for one Scottsdale-based luxury consignment store, the social media platform has allowed for it to successfully pivot and turn its brick-and-mortar location into a hybrid online destination, allowing customers to virtually buy, sell and trade luxury goods from all over the … [More]

Kathleen Ziegler Joins CopperPoint as Senior Vice President, Operations

CopperPoint Mutual Insurance Holding Company

CopperPoint Insurance Companies, a western-based super regional commercial insurance company, announced Kathleen Ziegler has joined the company in a newly created role as Senior Vice President, Operations. Kathleen will be responsible for overseeing business operations, procedures and efficiency to support CopperPoint and its agency/broker partners. She will also be … [More]

Woman Co-Owned Emergency Restoration Co. Brings Together Trio of Industry Experts

Elevated Emergency Restoration

A trio of Valley commercial landscaping and restoration professionals has pooled its expertise to launch a woman co-owned firm, Elevated Emergency Restoration. Services offered by the Scottsdale-based firm include water mitigation; mold and asbestos removal; fire and smoke damage; and reconstruction. Elevated ER is a qualified and equipped company with the required training … [More]

Global Building Industry Tech Co. Expands Manufacturing Operation

MiTek

MiTek, a diversified global supplier of integrated software, service, engineered products and automated solutions to the building industry, announced today an expansion of its Phoenix-based manufacturing operations later this year. Currently, MiTek produces connector plates and MiTek Builder Products in its 261,000 square foot plant located at 7890 West Lincoln, Tolleson, … [More]

U.S. Single-Family Rent Prices Downshift Again in June, Metro Phoenix Tops Lists

CoreLogic

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across more than 80 metropolitan areas. Data collected for June 2020 shows a national rent increase of 1.4% year over year, down from a 2.9% year-over-year … [More]

Capital Management Co. Expands into Arizona

Rockefeller Capital Management

Integrated financial advisory firm Rockefeller Capital Management announced the opening of its new office in Scottsdale, marking the Firm’s expansion into Arizona. Rockefeller also announced that the Legacy Family Wealth team has joined the Firm as its first team in the new Scottsdale Office. Led by Kenneth Milano, Managing Director and Private Wealth Advisor, the … [More]

Guidance Issued to Clarify Employers’ Obligations to Track Teleworkers’ Compensable Hours

U.S. Department of Labor

With telework arrangements expanding in response to the coronavirus pandemic, the U.S. Department of Labor’s Wage and Hour Division (WHD) today issued Field Assistance Bulletin 2020-5 to clarify an employer’s obligation to track the number of hours of compensable work performed by employees who are teleworking or otherwise working away from premises controlled by their … [More]

Talking Stick Resort Extends its Summer Playcation Package through Sept. 30

Talking Stick Resort

Summer may be ending, but the desire to escape continues. Fortunately, Talking Stick Resort has a solution as the property announces an extension to its popular summer Playcation package through Sept. 30. In addition to the new date, the package will also feature a new entertainment partner from the Talking Stick Entertainment District. Long a summer staple for Talking Stick … [More]

How ‘Human’ Is Your Workplace? These Four Questions Reveal the Truth.

inbusinessPHX.com

As the Digital Age advances and technology takes over more jobs, workers must get better at those “human” skills computers can’t do. They must excel at critical thinking, innovative thinking, collaborating, and emotionally engaging with others in the creation and delivery of products and services. Most of all, one must excel at continuously learning…and unlearning…and … [More]

July U.S. Jobless Claims Higher than 2019, Lower than June 2020

U.S. Bureau of Labor Statistics

Unemployment rates were lower in July in 30 states, higher in 9 states, and stable in 11 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. All 50 states and the District had jobless rate increases from a year earlier. The national unemployment rate fell by 0.9 percentage point over the month to 10.2 percent but was 6.5 points higher than … [More]

Lateness Is a Compulsive Habit. Always Late? There Is a Solution!

inbusinessPHX.com

Grace Pacie is the first to admit that being on time just isn’t her forte, and she’s not alone.  It’s a very common problem, which leaves millions fuming and frustrated as they waste their time waiting for the people who are always late. Grace hates being late and was desperate to improve her punctuality.  She discovered around 20% of the population struggle with being on … [More]

Arizona State Fair Is Cancelled due to COVID-19 Concerns

Arizona State Fair

The Arizona Exposition & State Fair Board today announced their decision to postpone the 2020 Arizona State Fair. After reviewing information from staff, seeking guidance from the Arizona Department of Health Services and analyzing all of the options, the Board voted unanimously to postpone the event due to COVID-19. “As a self funded state agency, this decision to … [More]

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