Governor Ducey Announces More Than $1.6 Million to Expand Food Bank Assistance

State of Arizona Office of the Governor

More than $1.6 million to expand assistance to Arizona food banks was announced today to help them reach more families and seniors in need. The funding will enable food banks around the state to make more food home-deliveries to seniors and make more fresh produce and items available. Today’s announcement followed the Governor’s visit to St. Mary’s Food Bank, where he helped … [More]

Leslie’s Pools Goes Public, Trading on the Nasdaq

Leslie's, Inc.

Leslie's, Inc., the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry,  announced the pricing of its initial public offering of 40,000,000 shares of its common stock at an initial public offering price of $17.00 per share. The offering consists of 30,000,000 shares of common stock being sold by Leslie's and 10,000,000 shares of common … [More]

Tech Industry Remains Biggest Force in Office-Leasing Activity Despite Pandemic-Induced Slowdown

CBRE

The tech industry’s share of U.S. office-leasing activity in this year’s first half inched down to 20 percent from 21 percent last year, as tech employment has proven resilient during the pandemic, according to CBRE’s annual Tech-30 report. Phoenix scored well in most categories in the report, as office-rent growth notched up 8.7 percent in the two years ended June 30 and a … [More]

Local Real Estate Group Enters Exclusive Alliance with Realty.com

inbusinessPHX.com

Realty.com, a national search engine giving agents exclusive domain presence, is pleased to announce a multiple-city alliance with Those Callaways, a premiere, family-owned real estate group based out of Scottsdale. "We couldn’t be more excited to have one of Arizona’s premier real estate companies, Those Callaways, join Realty.com,” said Lance Custen, President … [More]

Real Estate Tech Co. Partners with Expedia’s Escapia

Tweener Homes

Chandler-based Tweener Homes, a technology-based real estate company, is excited to announce its partnership with Expedia’s vacation rental software, Escapia. The agreement provides temporary home rental solutions for people who are in between permanent residences and searching for, or in process of building, their new permanent dream home. Based and launched in Chandler, … [More]

U.S. Jobless Claims Remain High Despite Recent Weekly Decreases

U.S. Department of Labor

In the week ending October 24, the advance figure for seasonally adjusted initial claims was 751,000, a decrease of 40,000 from the previous week's revised level. The previous week's level was revised up by 4,000 from 787,000 to 791,000. The 4-week moving average was 787,750, a decrease of 24,500 from the previous week's revised average. The previous week's average was revised … [More]

Third-Quarter GDP Record Increase on Heals of Worst in Second Quarter

U.S. Bureau of Labor Statistics

Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by the … [More]

Pac-12 Conference Inks Deal with Nextiva as its Official Communications Partner

Pac-12

The Pac-12 announced a new partnership with leading business communications company, Nextiva, as the Conference’s Official Communications Partner. This major college sports partnership with Nextiva reflects the growing need for work from anywhere solutions for every business. “There is no time more important than now for the Pac-12 to partner with a leader in … [More]

New Solar Energy System at Chandler Facility to Provide More than 663,600 Kilowatt-Hours of Clean, Renewable Energy in First Year

inbusinessPHX.com

Voya Financial, Inc., announced today that its newly constructed Chandler, Arizona, office features solar carports that are expected to offset more than 663,600 kilowatt-hours of electricity in its first year of operation alone. In the first year of operation, the 350 kilowatt SunPower® solar carports are expected to avert the equivalent of estimated carbon dioxide … [More]

SBA Achieves Historic Small Business Lending for Fiscal Year 2020

U.S. Small Business Administration

The U.S. Small Business Administration announced Fiscal Year 2020 summary loan data of the financial assistance provided through traditional loan program lending as well as aid provided via the CARES Act. Loans guaranteed through traditional SBA lending programs exceeded $28 billion; however, enactment of the CARES Act dramatically increased loan volume guaranteed by the … [More]