Business Leaders Split on Recession Forecasts as Economic Outlooks Moderate, Says Survey

Performance expectations remain high despite labor and inflation challenges

inbusinessPHX.com

Following a year marked by banking industry disruption, geopolitical risks and sustained macroeconomic challenges, small and midsize business leaders are sharing a more balanced outlook heading into 2024, while pulling back from previous predictions of a near-term recession, according to JPMorgan Chase’s 2024 Business Leaders Outlook survey released today. Expectations for a … [More]

Production Co. Announces Two Arizona Original Musicals Headed to New York

inbusinessPHX.com

Quixote Productions, founded by Arizona entrepreneur and public relations executive Jason Rose, is proud to announce the next chapter, a 29-hour double reading in New York City for two of Arizona’s most ambitious original musicals. The first of the two musicals,¡Americano! The Musical, originally debuted at The Phoenix Theatre Company in February 2020, where it enjoyed … [More]

Scottsdale-Based Homebuilder Sets New Record by Earning ‘America’s Most Trusted Home Builder’ Award for Ninth Consecutive Year

inbusinessPHX.com

National homebuilder and land developer Taylor Morrison has once again earned the coveted America's Most Trusted® Home Builder title by Lifestory Research for the ninth consecutive year. Taylor Morrison's fast-growing resort-lifestyle brand, Esplanade, also climbed to the second spot in the America's Most Trusted® Active Adult Builder category. In the 12th year of the study, … [More]

$1.9B in Financing to Enable Continued Growth and Development of Data Center Campus in Mesa

inbusinessPHX.com

EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, today announced the completion of a $1.9 billion debt financing transaction to fund scalable development on its data center campus in Mesa, Arizona. This transaction provides a template for several planned financings across the EdgeCore portfolio and was conducted in conjunction with its … [More]

Opportunity Zone Fund Brings Distillery to Downtown Mesa

inbusinessPHX.com

Caliber, an alternative asset manager of real estate investments and developments, has brought another new business to Downtown Mesa, Arizona. On Thursday, January 4, Arizona Distilling Co. is celebrating its grand opening, hosting Caliber executives and several Mesa councilmembers, at its location at 155 W. Main Street. After opening its original location in Tempe, Arizona … [More]

Seasoned Litigator and Former General Counsel Nicole Stanton Joins Phoenix Law Firm

inbusinessPHX.com

Nicole Stanton has joined Dorsey & Whitney LLP as a Partner in Phoenix, continuing the growth of this successful office. Nicole is a veteran litigation and legal ethics counsel with over 20 years of experience. Most recently, Nicole served as the Vice President and General Counsel for Trulieve Cannabis Corp., a publicly traded company operating in nine states with $1.2 … [More]

TEGNA’s KPNX/KNAZ in Phoenix and NBC Renew Affiliation Agreement

inbusinessPHX.com

TEGNA Inc. and NBC announced a comprehensive, multi-year deal that renews station affiliation agreements for 20 TEGNA markets nationwide, including renewal for KPNX/KNAZ Channel 12 in Phoenix. The 20 markets renewed cover more than 21 million households, nearly 17 percent of U.S. TV households. TEGNA is the largest independent owner of NBC affiliates. “As the largest … [More]

Homebuyers’ Monthly Payments Drop to Lowest Level in Nearly a Year, Bringing Back House Hunters

The median U.S. housing payment is down nearly $400 from its October peak, enticing some sidelined buyers to get back in the game

Rick McCartney

The median U.S. mortgage payment was $2,361 during the four weeks ending December 31, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down $372 (-14%) from October’s all-time high to its lowest level in nearly a year. Early-stage homebuying demand is starting to pick up as buyers take advantage of lower rates and more homes … [More]

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