Fennemore, one of the nation’s fastest-growing Am Law 200 firms, and Gallagher & Kennedy, an Arizona-based business law firm with decades of experience serving businesses, organizations and individuals throughout Arizona and New Mexico, will merge effective Dec. 1, 2026. The combination will bring together two firms with deep roots in Phoenix and longstanding … [More]
$300B Banking Giant Completes Arizona Integration following Comerica Merger
Fifth Third Bancorp announced it has completed the technical conversion of approximately 600,000 customers’ accounts and 293 banking centers across Arizona, California, Florida, Michigan and Texas from the Comerica franchise. Executed over Labor Day weekend, the conversion brings Comerica consumer and commercial customers onto Fifth Third’s platforms. Today’s milestone … [More]
Scottsdale Commercial Real Estate Firm Acquired in $1.6B Deal
Cerberus Capital Management, L.P., a global alternative investment firm with established corporate credit and real estate platforms, announced that certain funds and accounts have sold Tenet Equity to CBRE Investment Management, which is making its investment on behalf of several of its investment strategies, for $1.6 billion. Cerberus founded Tenet in 2021 alongside … [More]
TSMC and ASML Partner to Shape the Future of Advanced Chipmaking
ASML Holding N.V. and Taiwan Semiconductor Manufacturing Company announced a collaborative initiative to lead the semiconductor industry’s transition to a larger-format Extreme Ultraviolet lithography photomask. While High NA EUV will be adopted for production using the current, 6-inch masks, the transition to larger, 12-inch masks is expected to further increase fab … [More]
Arizona’s Growth Engine is Cooling but Still Outpacing the Nation
Arizona’s economy remains resilient as it navigates evolving conditions, but it is increasingly characterized by mixed labor market conditions and slower growth. The labor market improved from dismal job growth in late-2025, but job gains were concentrated in a few sectors as employers stayed cautious about hiring. Elevated gasoline prices due to conflict in the Middle East … [More]
