Top Stories Archives - Page 119 of 128 - Greater Phoenix In Business Magazine

Cox Gives Back to the Tune of $11 Million in COVID-19 Contributions

Cox Communications

Cox customers represent a true cross-section of our community and the company believes in using its resources and voice to help lift those in need. To demonstrate this commitment, Cox has contributed nearly $11 million in cash and in-kind COVID-19 contributions to date in Phoenix and Southern Arizona. Even though the majority of the company’s 3,000 Arizona … [More]

In Business | Stimulus | May 6 2020

Valley Credit Union Surpasses 450 Processed PPP Loans

Arizona Federal Credit Union

In the wake of COVID-19, small business owners in Maricopa County turned quickly to apply for, and receive, financial assistance through the Small Business Administration Paycheck Protection Program (PPP). Arizona Federal Credit Union quickly responded to this influx of requests from its member-owners to help them navigate the process and get the business-saving loans to keep … [More]

Commercial Real Estate & Development | CRE | May 6 2020

Navigating the Multifamily Real Estate Market during these Challenging Times

by Shravan Parsi

Like nearly every industry, the multifamily real estate market has taken a hit during the COVID-19 pandemic, but it may have one advantage that some industries don’t. People always need a place to live. For investors or potential investors in multifamily real estate, that means it’s just a matter of waiting for opportune moments to arise once the worst of the crisis has … [More]

In Business | Medical Care | May 6 2020

Health Certification for Businesses to Ensure Safety to Reopen

HealthyVerify Certification

Businesses can obtain independent verification that they have taken steps above and beyond conventional guidelines to reduce the risk of COVID-19 infection at their stores and offices under a new process developed by doctors, researchers and legal experts in Phoenix. The HealthyVerify Certification provides business operators a year’s worth of counsel and support based on … [More]

In Business | Stimulus | May 6 2020

EIDL Loans Now Open to Farmers, Fishers and Ranchers for COVID-19 Relief

American Sustainable Business Council

The Emergency Injury Disaster Loan (EIDL) Advance/Loan portal is temporarily open for agricultural businesses that were previously ineligible for the program. New non-agricultural business applications will not be accepted. The portal will be opened for a limited period, and it is recommended that you apply as soon as possible. The link to the portal will be: … [More]

In Business | Stimulus | May 6 2020

Food, Tourism, Healthcare to Get Boost through Grants from Scottsdale Economic Group

Scottsdale Industrial Development Authority

The Scottsdale Industrial Development Authority is stepping up with an innovative infusion of capital for small businesses walloped by the economic tsunami of COVID-19. The new program provides $200,000 of funding in $5000 grants for local businesses in the food and beverage, tourism and healthcare sectors, which have been especially hard hit by this global … [More]

En Negocios | Finanzas | May 5 2020

EN NEGOCIOS: Cómo solicitar el programa PPP para su negocio en 3 sencillos pasos

by Edgar R. Olivo

El Programa de Protección de Nómina es un préstamo diseñado para proporcionar un incentivo directo para que las pequeñas empresas mantengan a sus trabajadores en la nómina. En abril, el Congreso aprobó una suma adicional de $310 mil millones de dólares para ayudar a más propietarios de pequeñas empresas a mantener a sus empleados. La SBA perdonará los préstamos si todos los … [More]

In Business | Covid-19 Biz News | May 5 2020

Report Highlights Devastating Impact of COVID-19 on Arizona Nonprofits

ASU Lodestar Center for Philanthropy and Nonprofit Innovation

As unemployment soars and Arizonans cope with the ongoing impacts of the COVID-19 pandemic, many nonprofit organizations, from food pantries to shelter services, are needed more than ever. But those same organizations are struggling with disruptions of their own as donations decline and volunteers stay home. ASU’s Lodestar Center for Philanthropy and Nonprofit Innovation … [More]

In Business | Online | May 5 2020

Shared Work Program Expands as $140.8 Million in Unemployment Paid Last Week to Arizonans

Arizona Department of Economic Security

The Arizona Department of Economic Security (DES) announced the expansion of the Shared Work Program to help keep more Arizonans employed in their jobs and receiving pay during the COVID-19 public health emergency. The Shared Work Program is an alternative to layoffs that allows employers to divide reduced work or hours among a specific group of affected employees and allows … [More]

In Business | Safety | May 4 2020

Updated Guidance for Restaurants, Coffee Shops, Barbers and Cosmetologists

State of Arizona Office of the Governor

Following continued positive data trends, Governor Doug Ducey today announced the next steps Arizona will take to gradually reenergize the economy. The Governor issued an Executive Order allowing cosmetologists and barber shops to resume appointment-based services this Friday, May 8 and restaurants and coffee shops to resume dine-in services with physical distancing measures on … [More]

In Business | Stimulus | May 4 2020

SBA Disaster Relief Loans Available to Agricultural Businesses

Small Business Administration

U.S. Small Business Administration Administrator Jovita Carranza announced today that agricultural businesses are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA’s EIDL portal will reopen today as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed … [More]

In Business | Online | May 4 2020

Phoenix Presidential Visit Made Possible by ‘Exceptional Manufacturing Workforce’

City of Phoenix

A countdown for Phoenix, Arizona, started in Charlotte, North Carolina when Honeywell made the decision to significantly boost the availability of personal protection equipment for first responders and healthcare professionals in America. At the time, Phoenix city staff didn’t know about the agility test it was about to face. “We have moved quickly to expand our production … [More]

In Business | Roundtable | May 4 2020

J. Crew Files for Bankruptcy Protection. Is this Just the Beginning?

by Richard Lawless

The imminent devastation of U.S. retail is just beginning to be revealed by the Bankruptcy of J. Crew. J. Crew and its affiliated companies have approximately 500 retail outlets throughout the country. These store-front operations employ thousands of people. Unfortunately, J. Crew is not suffering alone. According to the National Retail Federation, there are 3,700,000 retail … [More]

In Business | Medical Care | May 4 2020

BCBSAZ Advances Payments to Medical Providers to Cover Shortfall due to Pandemic

Blue Cross Blue Shield of Arizona

Blue Cross Blue Shield of Arizona (BCBSAZ) announced a new program to support primary care providers (PCPs) across the state during the COVID-19 pandemic. PCPs participating in the BCBSAZ Patient Centered Medical Home (PCMH) program can now receive partial prepayment of their estimated annual quality incentive payment. These advances will help BCBSAZ PCMH providers cover … [More]

In Business | Covid-19 Biz News | May 4 2020

Scottsdale Quarter to Reopen Friday, May 8 with Code of Conduct

Scottsdale Quarter

Scottsdale Quarter will welcome retailers on Friday, May 8 and will maintain current center hours of Monday to Saturday 11 a.m. – 7 p.m. and Sunday noon – 6 p.m. Planned dates for individual tenants may vary. Guests are encouraged to call ahead and to follow along on Facebook at and Instagram for the most up-to-date information. Scottsdale Quarter remains focused on … [More]

In Business | Safety | May 4 2020

Hotel & Lodging: New Expanded Cleaning & Safety Standards Developed

American Hotel & Lodging Association

The American Hotel & Lodging Association (AHLA) today introduced Safe Stay, an industry-wide, enhanced standard of health and safety protocols designed to prepare America’s hotels to safely welcome back guests and employees as the economy reopens. Safe Stay represents the top priority for the industry, the health and safety of guests and employees. The standards of Safe … [More]

In Business | Online | May 4 2020

Managing Essential Workforce amid COVID-19

by RaeAnne Marsh

Some key stakeholders in the food production facilities aren’t allowed to go to work, and must stay at home to comply with state or local orders. Another way to enforce social distancing in those plants is to encourage any personnel who can work from home to do so. As meat plants continue to shut down, food supply gets wasted, food sector workers get sick or are even afraid to … [More]

In Business | Stimulus | May 1 2020

JPMorgan Chase Reports Its PPP Loans, Arizona Receives $1.2 Billion

JPMorgan Chase

JPMorgan Chase announced that it has received approval for an additional 211,000 loans through “Round Two” of the Paycheck Protection Program (PPP), totaling about $15 billion to its small business customers. In total, the firm is expected to fund about $29 billion to over 239,000 businesses under the PPP since its inception a little over three weeks ago, helping to support 3 … [More]