Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2019, real GDP increased 2.1 percent. The GDP estimate released today is based on source data that are incomplete or subject to further revision by … [More]
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In Business | Online |
In Business | Online |
Arizona Aviation Co. Agreement Impacts Inventory Needs of Customers Worldwide
AvAir
Arizona-based AvAir, an industry leading inventory solutions provider for the aviation aftermarket, and Lufthansa Technik Component Solutions (LTCS) have signed a long-term aftermarket sales agreement. The company acquired the complete rotable spares pool inventory that includes 9,000 line items valued at $100 million. The first components will be delivered immediately from … [More]
Job Reference Platform Helps Covid-19 Jobseekers Get Free References
WorkGrades
WorkGrades lets jobseekers request, receive and share their references for free. Created and launched by seasoned recruiters, Emily Levine and Natalie Boren, WorkGrades is already used by more than 10,000 companies to seamlessly give references to former employees. "In this environment, it is more important than ever to stand out from the crowd with your job application. We … [More]
Restaurant Management Platform Launches Program to Help Restaurants Access Capital
Restaurant365
Restaurant365, the leading all-in-one restaurant management platform, announces the launch of R365 Capital, a program designed to help restaurants quickly access the capital they need to thrive. Through this free service, restaurant operators complete one application to access loan options for up to 75 of the nation’s top lenders. Loan advisors advocate on behalf of restaurants … [More]
Arizona Medicaid Program Advances $41 Million in Provider Payments
Arizona Health Care Cost Containment System
To help health care providers address the COVID-19 emergency and ensure their ongoing viability, the Arizona Health Care Cost Containment System (AHCCCS), Arizona’s Medicaid agency, is advancing more than $41 million in scheduled payments to hospitals, primary care providers, behavioral health outpatient providers, and justice clinic providers who participate in the agency’s … [More]
Fitness Co. Donates $100,000 and Hosts Test Sites at Fitness Centers
Mountainside Fitness
The state mandated closures surrounding Covid-19 have caused extreme financial hardships to big and small businesses across Arizona, and that doesn’t even compare to the hundreds of lives lost during this pandemic. Wanting to do its part both financially and responsibly, Mountainside Fitness announced the locally owned and operated company will make a $100,000 donation to … [More]
Track and Report on Employee Health through the COVID-19 Pandemic
Movista Inc.
Movista has launched a new initiative called Project Health that facilitates help for essential businesses to track and report on employee health in the marketplace, in order to stay compliant with local, state and federal guidelines during the COVID-19 pandemic. https://www.youtube.com/watch?v=0ahe_WHDQPY Federal and State Government agencies are passing and implementing … [More]
79% of Businesses Have Rejected Job Candidates Based on Social Media Content says Survey
The Manifest
Most businesses have rejected a potential employee after looking at their social media profiles, according to a new survey from The Manifest, a business news and how-to website. About 90% of employers look at potential employees' social media profiles, and 79% have rejected a candidate based on what they found. Many people focus on building a professional brand on … [More]
COVID-19 Antibody Testing Starts for 5,000 Arizona First Responders
by Mike Hunter
The Phoenix Law Enforcement Association (PLEA) and United Phoenix Fire Fighters Association began providing their members with testing for COVID-19 antibodies at three locations in the Phoenix metro area. The tests were made possible thanks to an $80,000 total donation from Blue Cross Blue Shield of Arizona and Phoenix Suns Charities, which was used to purchase 5,000 test kits … [More]
In Business | Webinar |
Free Webinars Help on Remote Ergonomics and Employers’ Support of Staff Working from Home
Poms & Associates
Poms & Associates, a full-service, independent insurance brokerage and risk management firm, today announced the availability of a free educational webinar about remote ergonomics and how employers and supervisors can manage and support employees who are working from home during the coronavirus pandemic. Part of Poms & Associates’ series of webinars about insurance … [More]
From Labs to Pharmacies, Arizona Testing ‘Blitz’
State of Arizona Office of the Governor
Arizona is partnering with private sector health care providers and universities to ramp up access to testing. On Friday, Sonora Quest Laboratories announced it will offer antibody testing starting with 1,000 to 3,000 tests per day, and growing from there. In early May, Sonora Quest plans to begin offering antibody testing to consumers without needing a provider’s order or … [More]
Arizona Complete Health Supports Community Needs During the COVID-19 Pandemic
Arizona Complete Health
During the ongoing COVID-19 pandemic, people across Arizona are facing challenges that extend beyond medical care and include basic daily needs such as food, internet connectivity, and essential supplies. Centene, a leading multi-national healthcare company, has partnered with various organizations to support efforts that address these social determinants of health. Arizona … [More]
In Business | Stimulus |
Turf Paradise Owner Donates $1 Million to Support Medical Professionals, Arizonans in Need
State of Arizona Office of the Governor
Turf Paradise Race Course owner Jerry Simms has personally donated $1 million to the AZ Coronavirus Relief Fund, established to provide financial support to organizations providing essential aid to those affected by COVID-19. Turf Paradise also recently donated $25,000 worth of food to St. Mary’s Food Bank. “Businesses throughout the state have done tremendous work to help … [More]
In Business | Stimulus |
Major Gaps on PPP Rules Still Unresolved as 2nd Round of Funding Goes Out
Main Street Alliance
As the second round of Paycheck Protection Program Funding starts up today, Main Street Alliance Executive Director Amanda Ballantyne had this to say: "It is reckless for the Small Business Administration and Treasury Department to release a second round of funding before clarifying the major gaps and issues with the Paycheck Protection Program. The program still lacks clear … [More]
In Business | Stimulus |
Self-Employed Will See Growth Grant Opportunities with the Help of Dell Corp.
National Association for the Self-Employed
As the coronavirus continues to impact the small business community, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-business community, today announced that Dell (NYSE: DELL), an American multinational technology company headquartered in Round Rock, Texas, will sponsor the association’s Growth … [More]
In Business | Stimulus |
Update on SBA Economic Injury Disaster Loan (EIDL) and EIDL Advance
Rick McCartney
Additional funding was also appropriated for the SBA EDIL and EIDL Advance programs. With this additional funding, SBA will resume processing EIDL Loan and Advance applications already in the queue for processing, on a first come, first-served basis. Further information on the availability of SBA to accept new EIDL applications will be provided as soon as possible. For the … [More]
In Business | Stimulus |
Paycheck Protection Program Resumes Today
U.S. Small Business Administration
In a joint statement, SBA Administrator Jovita Carranza and U.S. Treasury Secretary Steven Mnuchin announced the Small Business Administration resumes accepting PPP loan applications today, Monday, April 27 at 10:30AM EDT from approved lenders on behalf of any eligible borrower. PPP Resources PPP Lender List - Arizona: Includes participating banks, credit unions, … [More]
In Business | Online |
Report Proposes U.S. Strategy in 5G Race to Outflank China
Information Technology and Innovation Foundation
Chinese telecommunications giant Huawei has seized a commanding share of the global market for 5G networking equipment. But a new report released today by the Information Technology and Innovation Foundation (ITIF), the leading think tank for science and technology policy, argues that the battle for leadership in next-generation wireless networking is not yet lost for the … [More]
