Raytheon, an RTX business, was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles to bolster U.S. military inventory and meet increased demand from allied nations. Under the contract, Raytheon will produce AIM-9X missiles along with associated hardware and software for U.S. and Foreign Military Sales customers. "Our teams have … [More]
Valley Chip Giant Makes $7B Bet on Next-Gen Computing
onsemi and Synaptics Incorporated announced they have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an … [More]
ACA Funding Backs Six New Arizona Health Tech Projects
The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona's economic opportunities, has secured $600k in funding from the Arizona Commerce Authority (ACA) to support six new health technology projects. Through PEI’s Applied Research Centers, these projects represent the fifth and latest cohort of … [More]
Toll Brothers to Launch Luxury Home Community in Peoria
Toll Brothers, Inc., the nation’s leading builder of luxury homes, today announced its newest luxury home community, Toll Brothers at Saddleback, is coming soon to Peoria, Arizona. Located within the Saddleback master plan, this gated community will offer two refined collections of single-story homes and access to exceptional resort-style amenities. Sales are anticipated to … [More]
Canada Reopens Phoenix Office Following Long Hiatus
To further strengthen the growing relationship between Arizona and Canada, dignitaries and leaders from both regions gathered to mark the opening of the new Canada Consulate office in Phoenix with a ribbon cutting ceremony and reception held on June 24, 2026. Governor Katie Hobbs joined Mark Wiseman, Ambassador of Canada to the United States; Sylvie Bédard, Consul General … [More]
Arizona Businesses More Bullish Than National Peers
Nearly 70% of Arizona businesses say they are prioritizing making investments over cutting costs, according to new data released today by Columbia Bank. At the same time, half of Arizona business leaders say they plan to monitor current pressures from tariffs, inflation and rising energy costs for at least six months before making major decisions. The findings are … [More]
‘Job Scrolling’ Emerges as New Workplace Warning Sign
A new workplace behavior is emerging during the workday, one that experts at Careerminds are calling "job-scrolling." The trend comes at a time when 61% of U.S. employees are considering leaving their current job and another 43% say they plan to search for a new position this year. Careerminds analyzed Reddit threads and hundreds of comments where employees openly share their … [More]
