Quantum Photonic Chip Foundry Opens in Tempe

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Quantum Computing Inc., an innovative, integrated photonics and quantum optics technology company, celebrated the grand opening of its quantum photonic chip foundry located in Tempe at a ribbon cutting ceremony on May 12, 2025. The event was attended by Tempe Mayor Corey Woods, along with multiple government officials and industry leaders, who gathered to mark this milestone … [More]

Small Business Optimism Declines in April, Survey Reveals

Fewer owners planning to increase business investments

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The NFIB Small Business Optimism Index declined by 1.6 points in April to 95.8, the second consecutive month below the 51-year average of 98. The Uncertainty Index decreased four points from March to 92 but remained far above the historical average of 68. Seasonally adjusted, 34% of business owners reported job openings they could not fill in April, down six points from March. … [More]

Sprouts Foundation to Award $3M in Grants to Local Organizations Focused on Nutrition, Health, and Wellness

inbusinessPHX.com

The Sprouts Healthy Communities Foundation announced the launch of its 2025 Grants Program, with $3 million funding available to support local organizations that advance nutrition education, nutrition access, and wellness for children and adults in the communities where Sprouts operates. More than 500 local nonprofits will be selected to receive grants up to $10,000. “At … [More]

Carvana and Pickleball Association Grow Sport with New Multi-Year Partnership

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Carvana, the leading e-commerce platform for buying and selling used cars, and the Professional Pickleball Association (PPA Tour) announced the extension of their multi-year title sponsorship agreement. This renewal builds upon the tremendous success of their initial partnership, which began in 2022 and has helped propel pickleball to new heights as America's fastest-growing … [More]

Law Firms Combine to Redefine Employment Law in the West

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In a bold move that strengthens its leadership in labor and employment law services, Fennemore, a leading full-service business law firm, is combining with BurnsBarton, a premier Phoenix-based employment law and litigation boutique firm, effective June 2, 2025. The strategic union nearly doubles the number of Phoenix-based attorneys in Fennemore’s Employment and Labor Law … [More]

8 in 10 Hiring Managers Say Recent College Grads Didn’t Work Out on the Job

Managers report excessive phone use, lack of professionalism, and poor initiative among recent graduates

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Resume.org, the leading platform for building a resume, has released new findings from an April 2025 survey assessing how hiring managers view recent college graduates. The survey of 1,000 U.S. hiring managers reveals that 8 in 10 say a recent college graduate didn’t work out at their company in the past year, and 65% say they had to fire at least one. Managers also report … [More]

Scottsdale General Contractor Recognized among the Nation’s Top Builders

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Lifestyle Homes earned a coveted spot on the 2025 Builder 100 List by BUILDER Magazine. Headquartered in Scottsdale, Lifestyle Homes is a leading general contractor specializing in high-density build-to-rent communities across Arizona. The company was honored along with other top home builders in the United States during a three-day summit in Dana Point, California, May … [More]

New Tariffs Reshape Economic Landscape, Highlighting Commercial Real Estate’s Stability

by John Chang & Ryan Sarbinoff

Sweeping tariff policy heightens uncertainty. The recent introduction of the “Liberation Day tariffs” marks the most significant shift in U.S. trade policy in more than a century, propelling the net effective tariff rate from about 2.5 percent last year to well above that for most countries. A 10 percent blanket tariff now covers nearly all imports. Initially, 90 countries … [More]

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