Changing CEO Before IPO May Raise Valuation

Rice University's Jones Graduate School of Business

New research from Rice University's Jones Graduate School of Business shows that a change in leadership before a startup’s initial public offering (IPO) can increase its valuation and performance. Yan “Anthea” Zhang, professor and the Fayez Sarofim Vanguard Chair of Strategic Management at the Jones School, and co-author Salim Chahine of the American University of Beirut … [More]

Be an Industry Disruptor: 5 Keys to Making Positive Change

by Shelley Armato

Everyone has the potential to be an industry leader. These leaders are the ones who transform the world—who disrupt their industry and launch massive and positive change. The challenge is that too many people are comfortable and complacent with where they are. They’ve settled into the pattern of reacting to disruptions rather than causing them. Think about your own industry … [More]

Walgreens and DoorDash Delivery Collaboration to Start in Phoenix This Summer

by Mike Hunter

Walgreens and DoorDash, the nation’s leading last-mile logistics platform, announced a new collaboration to offer on-demand delivery to customers in select cities with plans to expand to markets throughout the country. Today, customers in the Chicago, Atlanta and Denver areas can order on-demand delivery from Walgreens through the DoorDash app and website, selecting from an … [More]

New Enhancements to Assist Employees, Employers in Use of Family and Medical Leave

U.S. Department of Labor

The U.S. Department of Labor’s Wage and Hour Division (WHD) today announced significant steps to streamline optional-use forms that workers can use to request and employers can use to coordinate leave under the Family and Medical Leave Act (FMLA). WHD also published a Request for Information (RFI) in the Federal Register seeking the public’s feedback on the law’s administration … [More]

During the Workweek, 69% of Employees Spend more than an Hour in Meetings

The Manifest

More than two-thirds of employees (69%) are in meetings for more than an hour a week, according to a new survey from The Manifest, a B2B news and how-to website. With meetings being held virtually due to the COVID-19 pandemic, businesses are finding that their employees have different feelings toward regular business meetings. Specifically, with everchanging schedules and … [More]

Old Town Scottsdale to Get First New Hotel in Over a Decade

Canopy by Hilton

There’s a new era on the horizon for Old Town Scottsdale, Ariz. as the team behind the coming-soon Canopy by Hilton Scottsdale Old Town announced today that the property is nearing completion and is expected to open its doors in late September, marking what will be the first new-build hotel opening in the area in more than a decade. Designed as a natural extension of … [More]

Online Trading Academy Opens New Peoria Location

Online Trading Academy

Online Trading Academy opened its newest location in Peoria, Ariz. Locally owned and operated by Aaron Warby, Ammon Warby, Tate Buntz and Timothy Tormey since 2018, Online Trading Academy will continue to offer education for investors looking to increase their financial market knowledge. “It’s encouraging to watch new and experienced investors gain new knowledge through our … [More]

Goodwill Merger Brings Arizona Expertise to Out-of-State Entity

Goodwill of Central and Northern Arizona

Goodwill of Central & Northern Arizona and Goodwill Industries of Monocacy Valley jointly announced today that the merger was approved by their board of directors and Goodwill Industries International, Inc.  The two organizations will combine operations effective immediately. “We are very excited to leverage our resources and strengthen our collective impact to help more … [More]

Award-Winning SCALE UP Program Announces 2020-2021 Virtual Series

Local First Arizona

SCALE UP (Sustainable Communities Accessing Lending and Expertise Upon Performance) is an award-winning program under the Local First Arizona Sustainability umbrella that offers a comprehensive, hands-on educational series for locally-owned businesses looking to create a sustainable business model centered on tackling existing environmental and societal issues. “Arizona’s … [More]

New High-Tech Pharmacy Opens in Gilbert

AdhereHealth

AdhereHealth, a healthcare technology leader in medication adherence insights and health outcomes, is further expanding its nationwide presence with the opening of a new pharmacy in Gilbert, Arizona –  a rapidly growing town in the Metro Phoenix area. “AdhereHealth is another addition to our state’s health care industry, serving the needs of Arizonans who are choosing … [More]

Survey: Majority of RIAs Unprepared for the M&A Landslide to Come

Advisor Growth Strategies

Much of the Registered Investment Advisor industry is not ready to approach merger and acquisition deals from a position of strength, according to The 2020 RIA Survey released by Advisor Growth Strategies, an RIA industry-leading management consulting and M&A expert. Obtained between March and May 2020, the survey results represent a wide swath of the industry: … [More]

Pandemic and BLM Protests Negatively Impacting Corporate Workplace Culture Health, According to Report

Emtrain

Corporate workplace culture has been impacted by recent world events, including the coronavirus pandemic and the #BlackLivesMatter protests, in several significant ways, according to new data released today by HR compliance training and data analytics company Emtrain. In a comparison of responses collected from more than 100,000 employees at 145 companies prior to March 15th … [More]

CDFI Fund Announces More Than $3.5 Billion in New Markets Tax Credits

U.S. Department of the Treasury’s Community Development Financial Institutions Fund

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $3,548,485,000 in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 76 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year … [More]

Global Consumer Confidence Suffers Record Drop in Q2

The Conference Board

Deteriorating job prospects and rising anxieties about personal finances drove a record drop in global consumer confidence in the second quarter of 2020, according to The Conference Board® Global Consumer Confidence Survey. Conducted in collaboration with Nielsen, the survey found that overall global consumer confidence fell to 92 in the second quarter from a near-historic … [More]

Should You Jump on the Social Activism Bandwagon? How?

by Andrea Fryrear

Facebook ad boycotts, alignment with #BlackLivesMatter, ditching names like Aunt Jemima: social activism is the latest must-have for brands. But should you jump on the bandwagon? And how do you make the shift without getting labeled as inauthentic, especially if your brand has never talked about these issues before? Now is the time to speak up, but brand activism is a … [More]

Credit Union Doubles New Accounts with ‘OpenAnywhere’ Service

Arizona Federal Credit Union

With the ever growing demand for online options to perform essential daily tasks, locally based financial cooperative Arizona Federal Credit Union made a strategic and innovative move prior to the pandemic to launch the use of JHA OpenAnywhere software, allowing existing and new members to open up accounts online without needing to visit a branch. Arizona Federal is now … [More]

Plan Distributes Nearly $6 Million to Prevent Homelessness, Support Those in Need

State of Arizona Office of the Governor

Governor Doug Ducey announced a plan to distribute $5,950,572 from the U.S. Department of Housing and Urban Development’s Emergency Solutions Grant (ESG) program to organizations that support Arizonans in need, combat homelessness, and help ensure families and individuals keep a roof over their heads. The ESG program provides funding to engage homeless individuals and … [More]

Valley’s Most Awarded Chef to Open Fast-Casual Eatery

Genuine Concepts

Opening on Monday, August 3, inside a vibrant, art-filled space in North Scottsdale, Stratta Kitchen serves up fresh, seasonal and chef-crafted fare in a welcoming counter-service atmosphere. Led by the James Beard Award-winning chef, Alex Stratta, in partnership with the Genuine Concepts restaurant group, Stratta Kitchen will be open daily for lunch and dinner, available for … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events