The Merchants Payments Coalition welcomed new research showing passage of the Credit Card Competition Act should have virtually no impact on credit card rewards and that banks could easily afford to continue offering rewards. “This analysis shows the expected savings from competition over swipe fees would have almost no impact at all on credit card rewards and that the card … [More]
Blue Zones Project Scottsdale Executive Director Announced
Blue Zones Project in Scottsdale recently announced the appointment of Sarah Kearney as the Executive Director of Blue Zones Project® Scottsdale. Kearney will be responsible for leading the rollout and local implementation of Blue Zones Project. "I am honored to have been chosen to lead this work ahead as every facet of the community has the opportunity to … [More]
AZ WearTech Center Brings Life-Changing Wearable Device Technologies to Market
The Partnership for Economic Innovation, a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced that five of its WearTech Applied Research Center’s 2022 cohort projects have successfully been brought to market. These new technologies include Biomotum’s Robotic Ankle Assist Device (RAAD) device, TF Health’s … [More]
Back-to-Work Mandates and Overall Economic Growth Trends Help to Boost Local Office Market
Stubborn vacancies in the office sublease sector and murky outlooks on interest rates and back to work trends have challenged the metro Phoenix office market, but positive momentum during the second quarter could influence that trend, raising hopes for an end to seven straight quarters of negative local office absorption, according to the Q2 2023 JLL Phoenix Office Insight … [More]
Plant-Based Food Co. Headquartered in Phoenix Takes on Chicken Industry
Chef Michael Salem, the former head of culinary innovation at Burger King who played a pivotal role in introducing the plant-based Impossible Whopper to the menu, is now gearing up to challenge the dominant players in the alternative-meat industry. His strategy hinges on a single factor – flavor. Today, Salem announced the official launch of Recreate Foods, a venture-backed, … [More]
Caddell Taps Local Industry Veteran to Lead New Phoenix Office
Caddell Construction, a leading global general contractor offering a comprehensive menu of project management and construction services for commercial and government clients, announced the hiring of industry veteran Brian Sheehan as head of the company’s new Phoenix office, marking the latest chapter in Caddell’s ongoing national expansion. Sheehan will assume the role of … [More]
Construction of Phoenix Industrial Space Nears 50 Million Square Feet
An impressive 49.2 million square feet of new industrial space is under construction in Metro Phoenix, according to the mid-year industrial report released by Colliers in Arizona. This marks a 40.2 percent increase in construction compared to the end of June 2022. During that same 12 months, average industrial rental rates increased 24.5 percent, causing “sticker shock” for … [More]
