February 10 2022 Archives - Greater Phoenix In Business Magazine

Growth & Enterprise | inbusinessphx.com | February 10 2022

Insurance Tech Co. Acquires Phoenix-Based Platinum Home Warranty

inbusinessPHX.com

Super, an insurtech company that provides subscription care for the home, today announced its acquisition of Platinum Home Warranty. The combination brings together Platinum's unique in-house technician approach to service delivery, and Super's data-driven approach to driving high performance of third-party contractors, to create new opportunities to drive more value for … [More]

Commercial Real Estate & Development | inbusinessphx.com | February 10 2022

Plaza Companies’ Property Management, Construction and Development Divisions Continue Momentum in 2021

inbusinessPHX.com

Plaza Companies’ Property Management and Construction divisions were active in projects across the Valley in 2021, further expanding the company’s portfolio. Plaza Companies has expanded its professional growth in commercial office, research and biotechnology and senior living. Plaza specializes in providing real estate investors, owners, physicians and tenants with … [More]

Government & Compliance | inbusinessphx.com | February 10 2022

SBA Program Helps to Expand Equitable Access for Small Business

by Robert J. Blaney, SBA Arizona District Director

The Arizona District Office of the Small Business Administration recently welcomed Administrator Isabella Casillas Guzman when she visited Mesa and Phoenix to promote the Community Navigator Pilot Program (CNPP). The CNPP was established by the American Rescue Plan Act of 2021 and will use a community navigator approach to help small businesses, with a focus on those owned by … [More]

Economy & Trends | inbusinessphx.com | February 10 2022

Home Loan Delinquency Drops Below March 2020 Level, Says Report

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released its monthly Loan Performance Insights Report for November 2021. For the month of November, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point decrease … [More]

Economy & Trends | inbusinessphx.com | February 10 2022

U.S. Jobless Claims Fall for Third Straight Week

U.S. Department of Labor

In the week ending February 5, the advance figure for seasonally adjusted initial claims was 223,000, a decrease of 16,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 238,000 to 239,000. The 4-week moving average was 253,250, a decrease of 2,000 from the previous week's revised average. The previous week's average was revised … [More]

Growth & Enterprise | inbusinessphx.com | February 10 2022

Honeywell Selected to Power New Helicopter in Key U.S. Army Pursuit

Honeywell

Honeywell has been selected to provide its new HTS7500 turboshaft engine as the power behind the Lockheed Martin Sikorsky-Boeing DEFIANT X® helicopter, currently a contender to win the U.S. Army's Future Long-Range Assault Aircraft (FLRAA) competition. Powered by Honeywell’s HTS7500 engine, the Lockheed Martin Sikorsky-Boeing DEFIANT X is ready for … [More]

Technology & Innovation | inbusinessphx.com | February 10 2022

Web Hosting 101

by Kelsey James

In the most basic terms, web hosting is the service that enables an individual or organization to publish a website on the Internet. While we may think of websites as something that only exists digitally, the truth is physical resources are also needed to power Internet content, mainly in the form of servers. A server is a powerful computer that holds all the files that … [More]

Banking & Finance | En Negocios | February 10 2022

EN NEGOCIOS: Nuevo programa ofrece préstamos sin intereses a las pequeñas empresas

por Kryistyna Hook

Ha llegado ayuda para que las nuevas empresas y los emprendedores locales impulsen sus negocios con acceso a capital asequible. El Buró de Mejores Negocios en la área Pacífica Sudoeste (BBB por sus siglas en ingles) ha lanzado múltiples Kiva Hubs que brindan préstamos sin intereses a pequeñas empresas que no pueden acceder al capital tradicional, sirviendo a las empresas del … [More]

Banking & Finance | En Negocios | February 10 2022

New Program Offers No Interest Loans to Small Businesses

by Kryistyna Hook

Help has arrived for local startups and entrepreneurs to boost their businesses with access to affordable capital. Better Business Bureau Serving the Pacific Southwest (BBB) has launched multiple Kiva Hubs, which provide no interest loans to small businesses unable to access traditional capital, serving Valley businesses and beyond. With the success of the first Phoenix Kiva … [More]

Economy & Trends | inbusinessphx.com | February 10 2022

Prices Rose at a 7.5 % Annual Rate in January, the Fastest Pace of Inflation in 40 Years

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.5 percent before seasonal adjustment. Increases in the indexes for food, electricity, and shelter were the largest contributors to the … [More]