Phoenix-based Nikola Corporation announced the completion of its previously announced business combination with VectoIQ Acquisition Corp. (NASDAQ: VTIQ), a publicly-traded special purpose acquisition company, and Nikola’s listing on the Nasdaq Global Select Market. The business combination, which was approved on June 2, 2020 by VectoIQ stockholders, further solidifies Nikola as … [More]

On the passage of the PPP Flexibility Act in the Senate last night, Executive Director of the Main Street Alliance Amanda Ballantyne has this to say: “The Paycheck Protection Flexibility Act is a first step in addressing the design flaws of the PPP and must immediately go to the President’s desk to become law, however, additional support is necessary to address the ongoing … [More]

The results of the 7th annual Arizona Employee Benefits Benchmarking Survey of mid-size employers (50-5,000 employees), presented today in a Virtual Event, showed that: 44 percent of health insurance plans offered by Arizona employers surveyed were lower-cost high deductible plans; 50 percent were traditional copay type plans. In Arizona, median deductibles for … [More]

Three Phoenix bioscience startups have been selected as finalists in the BIO International 2020 Startup Stadium. This year’s virtual event pits the trio of companies against 27 other finalists for venture capital, strategic partnerships and collaborative opportunities. BioMedical Sustainable Elastic Electronic Devices, Equus Innovations and i-calQ will face off in front of … [More]

Mobile wallets are overtaking cash across the globe, with millions of people choosing them as an appealing method of managing money in both consumer and business segments. The entire market has witnessed impressive growth over the years. However, the global rise of the digital payments amid coronavirus outbreak has led to a surge in the number of mobile wallet … [More]

Most entrepreneurs have skills and passion in a particular area, which is what led them to opening a business in the first place. That doesn’t mean, however, that they know how to make a business be successful, because there is more to it than being good at what you do. There are issues that play an important role in business success, and without gaining the insight on how to … [More]

Several academic papers have alleged that increased market concentration in many U.S. industries has cleared the way for companies to mark up their prices far beyond marginal costs. But a new report released today by the Information Technology and Innovation Foundation (ITIF), the leading think tank for science and technology policy, finds that markups have only slightly … [More]