As Housing Prices Rise, Affordability Squeeze Is Coming

Zillow

Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are quickly evaporating as housing costs rise faster than incomes. A new Zillow® analysis finds these affordability1 issues are expected to worsen by the end of the year, and are likely to leave millions newly housing cost burdened.   Interest rates play a major role in … [More]

Industrious Women’s Summit Coming August 20

BBB Serving the Pacific Southwest

Women are rising to the top in male-dominated industries, but continuing this charge calls for the support of like-minded professionals. To provide valuable connections for women, Better Business Bureau Serving the Pacific Southwest (BBB) is hosting its 4th Annual Industrious Women’s Summit (IWS) on August 20. The virtual event will feature interactive discussions on … [More]

Moving & Storage Co. Signs On with U-Haul to Become Dealer

inbusinessPHX.com

U-Haul Company of Arizona is pleased to announce that W&W Management Group LLC signed on as a U-Haul® neighborhood dealer to serve the Phoenix community. W&W Management Group will offer essential services like U-Haul trucks, towing equipment, moving supplies and in-store pickup for boxes. W&W Management Group owner Brandon Ward Sr. is proud to team with the … [More]

WEBINARS – Aug 24, 26 and 31: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. If you missed any sessions this week, watch here. SESSION 179: TUESDAY - August 24 | 9:00 AM Growing Your Small Business with Artificial Intelligence Artificial intelligence can pose a significant advantage for your business. Many people aren’t aware of the benefits, let … [More]

Arizona Restaurant Association Partners with HonorHealth Desert Mission Food Bank

Arizona Restaurant Association

The Arizona Restaurant Association’s popular Arizona Restaurant Week events have long been an opportunity to support the hospitality industry in the state. This fall, the ARA is leveraging this event to raise vital funds for another important cause — helping underprivileged members of the community, those that are experiencing homelessness and those affected by the … [More]

Finding the Hidden Innovators in Your Company: Leonardo da Vinci, Thomas Edison and the Rest of Us

by Susan Robertson

Most people who work in a corporate environment are familiar with some type of personal style indicator — Meyers Briggs Type Indicator, Strengths Finder, DISC profile, and many others. However, there’s a less well-known one that’s particularly relevant and useful in innovation and it is specific to your creative thinking style. At the heart of creativity and innovation is … [More]

Nikola Awarded Nearly $2M U.S. Department of Energy Grant

Nikola Corporation

Nikola Corporation, a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions, today announced that they have been awarded an approximate $2 million grant from the U.S. Department of Energy to advance its research into autonomous refueling technologies for future hydrogen … [More]

GoDaddy to Repurchase $250 Million of GoDaddy’s Common Stock

GoDaddy

GoDaddy Inc., the company that empowers everyday entrepreneurs, today announced it has entered into an accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC to repurchase $250 million of GoDaddy's common stock. The ASR was entered into pursuant to GoDaddy's share repurchase program, under which approximately $750 million share repurchase authorization … [More]

U.S. Weekly Jobless Claims at 375K, Third Straight Decline

U.S. Department of Labor

In the week ending August 7, the advance figure for seasonally adjusted initial claims was 375,000, a decrease of 12,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 385,000 to 387,000. The  4-week moving average was 396,250, an increase of 1,750 from the previous week's revised average. The previous week's average was revised … [More]

Multiple Arizona Dentists Maximize Practice Value in $60 Million Group Sale

Menlo Dental Transitions

Menlo Dental Transitions is pleased to announce the successful aggregate sale of multiple Arizona dental practices to a dental partnership organization. The practice transitions brokerage assembled the large group of individual practice owners and represented the dentists collectively during the sale. An initial group of practices sold for $30 million on Aug. 6 with a second … [More]

Carvana to Invest Approximately $126M in Leading Insurtech Root, Inc.

Carvana

Carvana, the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, the leading insurtech carrier, today announced an exclusive partnership to develop integrated auto insurance solutions for Carvana’s online car buying platform. In connection with the partnership, Carvana will invest … [More]

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