Phoenix Public Transit Secures $16.3 Million Green Bus and Infrastructure Grant

inbusinessPHX.com

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The Federal Transit Administration has awarded the City of Phoenix Public Transit Department a $16.3 million grant for greener (low and no emissions) buses and supporting infrastructure. The grant is made available through the Bipartisan Infrastructure Law under the Low-No Emission and Buses and Bus … [More]

Local Real Estate Disruptor High on Inc. Annual List

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Inc. revealed that 72SOLD is No. 260 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names … [More]

Cybersecurity Research Reveals 52% of Cyber Threats Targeted at Removable Media

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According to a report released today by Honeywell, the threat of USB-borne malware continues to be a serious concern. Data from the 2022 Honeywell Industrial Cybersecurity USB Threat Report indicates that 52% of threats were specifically designed to utilize removable media, up from 32% the previous year and more than double the 19% reported in the 2020 study, clearly indicating … [More]

Arizona Bank among Top 25 Publicly Traded Banks in the U.S.

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Bank Director, the leading information resource for directors and officers of financial institutions nationwide, released its RankingBanking study, sponsored by Crowe LLP. This study ranks the 300 largest publicly traded banks in the country by metrics that examine profitability, asset quality, capital adequacy and total shareholder return. Bank Director … [More]

67% of Workers Prefer to Stay With Current Company if Given New Opportunities, Says Survey

Rick McCartney

Despite headlines about workers leaving jobs en masse amid the Great Resignation, only 29% of American workers have switched jobs in the past two years, according to the latest MagnifyMoney survey, and just 33% of workers would rather leave their employer for a new job than switch roles internally. According to MagnifyMoney executive editor Ismat Mangla, some employees … [More]

Innovative Website Launched for Window Co., Enhances Customer Engagement

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Phoenix-based Western Window Systems, part of PGT Innovations’ family of brands, launched a new website this week. The new site includes easy to navigate links to technical and product information, as well as industry insights and guidance, with a focus on an improved customer experience. For building professionals, the website offers a new section with easy access to CAD … [More]

Interim 5-Mile Extension to Route 24 Completed Near Gateway Airport

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Drivers in the East Valley will now benefit from a completed interim extension of State Route 24 that will be finalized, extending the four-lane divided facility from Ellsworth Road in Mesa to Ironwood Drive. The improvements signal another completed promise as a result of the half-cent sales tax for transportation approved under Proposition 400. Work on the 5-mile interim … [More]

Wickenburg Ranch Celebrates 75th Year with ‘Ultimate Family Reunion’ Giveaway

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Rancho de los Caballeros is inviting families all across the country to join them in celebration with a chance to win the "Ultimate Family Reunion at the Ranch"­ – a full week of "Horses, Hats & Hospitality" for up to 10 people; a prize package valued at more than $67,000. Winners of this ultimate family reunion will enjoy all the traditional riding, … [More]

Historic Beginnings Lead Credit Union to Milestone 70th Anniversary

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TruWest Credit Union is excited to celebrate 70 years of distinguished service on August 12th. A cooperative with a rich history of service to its members, involvement in the community and dedication to its employees, TruWest lives and breathes the long-standing philosophy of “people helping people.” From a humble start in 1952 as Motorola Credit Union, TruWest has expanded … [More]

White Castle Plans for Second Arizona Restaurant, This Time in Tempe

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A new White Castle restaurant is planned to open in Tempe in the first half of 2023. It will be the 101-year-old Columbus-based chain’s second Arizona location; the first opened in Scottsdale in 2019. White Castle fans across the region have been craving an additional location ever since, says the company. The newest Arizona White Castle will be approximately 2,800 square … [More]

New Community Bank Launches ‘Lemonade Stand Microloans’ for Small Business

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Scottsdale Community Bank is excited to announce its dynamic, innovative “Lemonade Stand Microloans” program. This creative concept for small businesses was rolled out during the highly anticipated Grand Opening of Scottsdale Community Bank. Scottsdale Community Bank is the first new community bank established in Arizona in over 14 years, and it is unique in combining … [More]

Phoenix-Based Home Investor Tech Co. Closes $100M Investment

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Stoa USA Inc., the Arizona-based company that launched the FlipOS by Stoa platform for professional single-family home investors, has closed another $100 million securitization. The funding is underwritten by Cantor Fitzgerald, a leading financial services firm that specializes in real-estate investments. This marks the second time that Cantor Fitzgerald has worked with Stoa … [More]

Insurer’s New Plan Offers a New Approach to Health Insurance, Eliminating Deductibles and More

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UnitedHealthcare’s Surest offers a new approach to health benefits that removes deductibles and provides clear upfront pricing information to people in advance of treatment. Surest, introduced initially in 2016 as Bind, has the fastest growth rate among UnitedHealthcare’s employer-sponsored plans. UnitedHealthcare offers Surest to employers nationwide with self-funded … [More]

Healthcare Co. Opens ‘High-Acuity’ Rehab Center for Those Requiring 24/7 Skilled Nursing

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Diamondback Healthcare Center announces the opening of the Valley's newest luxury high-acuity rehabilitation facility. The 18,704-square-foot care center located in the Algodon Center adjacent to Banner Estrella Medical Center caters to those recovering from surgeries, orthopedic fractures and cardiac events, and others who require 24/7 skilled nursing and therapeutic recovery. … [More]

Glendale-Based Drone Co. Unveils New Ad Technology

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Imagine a world where you could see a billboard suspended in the sky. That's what Glendale-based Drone Aerial Services (DAS) has invented – a new technology that will allow drones to carry billboards in the sky in blowing wind. This patent pending technology is a game changer for advertising that will change how we view ads altogether. With this new technology, companies would … [More]

Former Bureau of Reclamation Exec. to Lead Activities of One of the Valley’s Largest Suppliers of Water

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Salt River Project (SRP) has announced Leslie Meyers as the company’s new Chief Water Executive and Associate General Manager of Water Resources. Meyers joins SRP with more than 30 years of water resources management experience in Arizona and the Southwest, most recently with the Bureau of Reclamation. Throughout her career, Meyers has worked on strategic initiative planning … [More]

Nikola Announces Leadership Succession as CEO Set to Retire

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Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions, announced that Chief Executive Officer (CEO) and President of Nikola Corporation Mark Russell will retire, effective January 1, 2023, and has named current Nikola Motor President Michael Lohscheller as his successor. Lohscheller will assume Russell's President title and … [More]

Phoenix-Based Solar Energy Provider Expands with Acquisition of Energy Services Co.

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SinglePoint, Inc., an acquisition-focused solar energy and sustainable solutions provider, announced today the acquisition of Frontline Power Solutions, a Multi-State Licensed Energy Services Company (ESCO). Frontline Power Solutions (FPS) is a comprehensive energy service Company with the ability to operate in deregulated markets across the country. Frontline … [More]

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