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Afraid to Step Out of Your Comfort Zone? Then You Can’t Lead in the Age of COVID.

by Jim White, Ph.D.

COVID-19 has disrupted the business world, and the “normal” of a few months ago may never return. In this new landscape, how business leaders process and react to new challenges will be crucial. Using critical thinking skills to make sound business decisions in a complicated, constantly changing world has never been more important, says Dr. Jim White, founder and president … [More]

In Business  |    |  

Survey Provides Overview of Employer Efforts to Employ People with Disabilities

Office of Disability Employment Policy

The U.S. Department of Labor’s Office of Disability Employment Policy (ODEP) recently published results from its 2018 Survey of Employer Policies on the Employment of People with Disabilities. The survey provides an overview of employer efforts to employ people with disabilities, as well as attitudes toward people with disabilities. The 2018 survey builds on the evidence … [More]

In Business  |    |  

Which Management Skill Is Your Strength?

by Julian Rodriguez

A company must have management in place to ensure that things get done properly. If you are in a managerial position, you are responsible for the successes and failures of your team. As a manager, you may not be doing the work yourself, but you are in charge of making sure it gets done properly. This requires a lot of different skills. If you want to be the best possible … [More]

In Business  |    |  

Online Shopping Problems Top List of COVID-19-Related Complaints from Arizona Consumers

Federal Trade Commission

Reports about online shopping topped the list of COVID-19 related complaints from consumers in Arizona and nationally, according to new data released by the Federal Trade Commission. Most of the COVID-19-related online shopping complaints from consumers include reports about items not arriving or not arriving when promised and items that are different than advertised. The … [More]

In Business  |    |  

Center for the Future Expands Data Breadth to Gain More ‘Meaningful Information’

Center for the Future of Arizona

The Center for the Future of Arizona (CFA) today announced the addition of new tools and resources to The Arizona We Want Progress Meters portfolio. The organization significantly expanded the breadth of information available in the portfolio by adding more than 144,000 data points and its newly developed Data Profile reports featuring demographic data for Arizona and all 15 of … [More]

In Business  |    |  

Another 1.54 Million Americans Filed for Unemployment Benefits Last Week

U.S. Department of Labor

In the week ending June 6, the advance figure for seasonally adjusted initial claims was 1,542,000, a decrease of 355,000 from the previous week's revised level. The previous week's level was revised up by 20,000 from 1,877,000 to 1,897,000. The 4-week moving average was 2,002,000, a decrease of 286,250 from the previous week's revised average. The previous week's average was … [More]

In Business  |    |  

Virtual Leadership Program Launches to Identify and Solve the Pressing Issues amid Crisis

Valley Leadership

As Arizona and the rest of the world grapple with the impact of COVID-19, Valley Leadership is launching a new, completely virtual program to mobilize all interested Arizonans in the face of this crisis. Ready Together will cultivate and prepare leaders to identify and solve the pressing issues further exposed by the pandemic. Designed as a living lab, the program will … [More]

In Business  |    |  

EEOC Updates Return-to-Work Guidelines

U.S. Equal Employment Opportunity Commission

The U.S. Equal Employment Opportunity Commission (EEOC) today posted an updated and expanded technical assistance publication addressing questions arising under the Federal Equal Employment Opportunity Laws related to the COVID-19 pandemic. The publication, “What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws,” provides approaches … [More]

In Business  |    |  

Starbucks Gradually Transforms Model amid COVID-19

Starbucks Coffee Company

Starbucks announced plans to accelerate the transformation of its store portfolio in the U.S. through the integration of the physical and digital customer experience. These changes are accelerated due to a retail environment that has shifted because of COVID-19 and to meet the already evolving customer needs of convenience, connection and personalization offered through a … [More]

In Business  |    |  

Phoenix Product Development Co. Helps Companies Enter Booming CBD Market

Bōdee Organics

With Nielsen projecting the United States hemp-based CBD market could reach $2.75 billion this year, many companies are looking to add CBD products to their portfolios. By partnering with national contract manufacturer Bōdee Organics, they can enter the market much faster with fewer limitations. Known for its full line of high-quality, hemp-derived CBD supplements and … [More]

In Business  |    |  

Phoenix-based Cooling, Heating and Plumbing Co. Acquired, Cites Market Growth

HomeServe USA Corp.

HomeServe USA (HomeServe), a leading provider of service plans, repair and installation services for the home, today announced the acquisition of Phoenix-based Hays Cooling, Heating and Plumbing (Hays). Hays, which has an A+ Better Business Bureau rating, is HomeServe’s first HVAC acquisition in Arizona. Based in the North Valley, the husband-and-wife-founded Hays … [More]

In Business  |    |  

New Tempe Hotel with Boutique Feel Offers Local Experience and Two Brand-New Dining Concepts

Canopy by Hilton Tempe Downtown

The Southwest’s first Canopy by Hilton will open its doors on June 16 in the heart of downtown Tempe, ushering in a contemporary, full-service hotel offering guests a local experience with a boutique feel, all within the central core of one of the most vibrant, dynamic and growing cities in Arizona. Owned and developed by Driftwood Capital, Canopy by Hilton Tempe Downtown, … [More]

In Business  |    |  

Market Cap of World`s Five Largest Banks Dropped by $393.9B in Four Months

by Jastra Ilic

The coronavirus pandemic has had a huge impact on the banking system, wiping out billions of dollars in profit and market cap of even the largest financial institutions. According to data gathered by BuyShares, the combined market capitalization of the world’s five leading banks dropped by $393.9 billion from December 2019 to April 2020. As the largest financial institution … [More]

In Business  |    |  

76% of Workers Think Racism Is a Problem at U.S. Workplaces — but Only 44% Think It’s a Problem at Their Workplace

Clutch

Three-fourths of American workers (76%) think racism and discrimination is an issue at U.S. workplaces, but fewer than half (44%) think it's an issue at their company, according to a new survey from Clutch, a B2B ratings and reviews platform. Clutch found that just 14% of workers say racism and discrimination is a major problem at their own workplace, compared to 43% who … [More]

In Business  |    |  

Minority Banks Promoted by FDIC, Says Report

Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) today released a report submitted to Congress that chronicles the efforts the agency made to preserve and promote Minority Depository Institutions (MDIs) in 2019.  This report provides a summary profile of MDIs as of the end of 2019; a description of the FDIC’s MDI program; and detailed information on the FDIC’s 2019 initiatives … [More]

In Business  |    |  

Technology Sector Stocks Most Profitable with 30% Average ROI in the Last 12 Months

by Justin Baltrusaitis

The onset of the coronavirus pandemic early this year led to a historic fall in global stock markets triggering unprecedented uncertainty. With most gains from last year being wiped out, some companies considered as essentials amid the pandemic have remained resilient posting minor but positive gains. Data gathered by Buyshares.co.uk indicates that for the last 12 months as … [More]

In Business  |    |  

Arizona Launches New Public Assistance Express Pay Program through Cloud-Based Grants System

GTY Technology Holdings Inc.

GTY Technology Holdings Inc. (Nasdaq:GTYH) (“GTY”), a leading provider of SaaS/Cloud solutions for the public sector, announced today that its Saas/cloud based grants management solution, eCivis has supported the launch of the State of Arizona’s new Public Assistance Express Pay Program. This program, managed by the state’s Department of Emergency and Military Affairs (DEMA), … [More]

In Business  |    |  

Census Bureau to Resume 2020 Census Field Operations in Arizona

U.S. Census Bureau

Today, the U.S. Census Bureau reissued its June 5 statement to include additional updates related to field operations for the week of June 8. The Census Bureau, in coordination with federal, state and local health officials, will begin a phased restart of some 2020 Census field operations in additional area census offices (ACOs) across the nation the week of June 8. With these … [More]

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