Phoenix Mayor Kate Gallego, joined by Arizona State University President Michael Crow, announced that the university’s new headquarters for ASU Health, which includes a new medical school, will be built in downtown Phoenix. “At a time when the Phoenix bioscience industry is booming, and when the need for highly trained medical professionals is at an all-time high, it’s a big … [More]
SRP Honors Businesses as 2023 Champions of Sustainability
SRP has named 14 local businesses Champions of Sustainability for outstanding achievements in electrification, energy efficiency and clean energy through participation in SRP’s Business Solutions Program. The awardees were recognized today at the 10th Annual Champions of Sustainability Awards luncheon held at the Arizona Biltmore. SRP’s Business Solutions Program provides … [More]
Intel’s Arizona Expansion Marks Construction Milestone
Marking a milestone in Intel’s ongoing manufacturing expansion in Arizona, the company announced that the initial portion of the cleanroom is “weather tight” and the “blow down” phase1 has begun at the company’s two new leading-edge chip factories on its Ocotillo campus in Chandler, Arizona. This milestone underscores Intel's dedication to advancing its presence in the state … [More]
New First-of-Its-Kind Pilot Program to Make Tax Filing Free and Easy for Arizonans
Governor Katie Hobbs announced a new, easy way for Arizonans to file their taxes for free. The IRS Direct File Pilot Program, a first-of-its-kind project will allow eligible Arizonans to file their state and federal returns directly through the IRS Direct File Pilot Program. Arizona is one of a select few states participating in the pilot program, which starts in January … [More]
Optum Rx Opens New Integrated Pharmacy in Arizona
State-of-the-art facility in Mesa creates 300 jobs, aims to improve the pharmacy experience and health outcomes for consumers
Optum Rx opened a state-of-the-art home delivery pharmacy today in Mesa, Arizona. The facility expands the company’s integrated pharmacy care services capabilities, improving access to needed medications and helping people achieve better health outcomes. For people taking multiple prescriptions, the new facility prepares and bundles medications into daily, timed … [More]
Arizona Ranks 11th among the Worst States for Healthcare, Says Study
Accessing affordable, high-quality healthcare is a challenge for Americans nationwide. In fact, nearly one third of Americans lack access to primary care and more than one third of Americans (38%) say they or a family member postponed medical treatment in 2022 due to cost, according to recent reports from the National Association of Community Health Centers and … [More]
Phoenix-Based Marketing Co. Unveils Whitepaper on the Central Role of CMOs in Fostering Diversity, Equity, and Inclusion
Televerde, a global marketing, sales, and customer success company for B2B businesses worldwide, announced the release of its much-anticipated whitepaper titled "CMOs & Chief DE&I Officers: Joined at the Hip for a DE&I Revolution." Authored by Televerde's Head of Global Marketing Kellie Walenciak, the whitepaper critically examines the pivotal role Chief Marketing … [More]
Home Values Start to Slip as Market’s Summer Heat Fades, Phoenix Inventory Down 38%
Home values took an uncharacteristic step down in September, albeit a small one, according to the latest Zillow® market report. Competition is easing faster than normal this fall as buyers contend with the highest mortgage rates in more than 22 years. "Mortgage rates approaching 8% are taking the wind out of the market's sails, pushing monthly mortgage payments beyond many … [More]
Global Electronics Co. Opens New Semiconductor Equipment and Services Office in Chandler
$39 million investment is the largest investment the company has made in its semiconductor equipment and services business
EMD Electronics, the Electronics business of Merck KGaA, Darmstadt, Germany in the U.S. and Canada, celebrated the grand opening of its newest factory in Chandler, Arizona. The opening of the site is part of the "Level Up" growth program announced in late 2021. The factory features a 75,000-square-foot building that doubles the company’s manufacturing capacity in the U.S. to … [More]
Small Business Optimism Dips in September as Inflation Remains Top Problem
Owners are pessimistic about future business conditions
The NFIB Small Business Optimism Index decreased half of a point in September to 90.8. September’s reading marks the 21st consecutive month below the 49-year average of 98. Twenty-three percent of owners reported that inflation was their single most important problem in operating their business, unchanged from last month and tied with labor quality as the top … [More]
Design of New NAU Medical School Is Comprehensive Effort to Improve Health Outcomes across Arizona
Arizona will see its first medical school in Flagstaff as part of the Arizona Board of Regents’ call to its public universities to close the health care workforce gap in the state. Northern Arizona University announced that it is designing a new medical school to prepare doctors for primary care practice in rural, underserved and Indigenous communities in Arizona. NAU … [More]
Suns and Mercury Announce $100M Team Campus and Practice Facility in Downtown Phoenix
The Phoenix Suns and Phoenix Mercury today unveiled plans for a new team member business headquarters and a dedicated state-of-the-art practice facility for the Phoenix Mercury. The groundbreaking project, a $100+ million investment and 123,000-square-foot development, driven by Suns and Mercury owner Mat Ishbia's commitment to the organizations’ foundational pillars of … [More]
September Housing Report: Home Prices Rise as Inventory Crunch Continues
For the second month in a row, home prices rose on an annual basis in September (+0.4%) as the inventory shortfall lingers, with the number of homes on the market falling year over year for the third consecutive month (-4.0%), according to the Realtor.com® September Monthly Housing Trends Report released today. Active inventory remained 45.1% below pre–pandemic (2017-2019) … [More]
Made In Arizona: Manufacturing Month 2023 Kicks Off
As Manufacturing Month 2023 kicks off, Arizona continues to attract industry leaders in high-growth industries. With the state’s premier business environment, growing talent pipeline and nation-leading investments, Arizona’s economic momentum shows no signs of slowing down. Within the past year, Arizona has won expansion and attraction manufacturing projects statewide, … [More]
U.S. Annual Home Price Growth Picks Up Pace in August, Says Report
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for August 2023. CoreLogic’s Home Price Index dropped to an 11-year low in the spring of 2023 but is starting to regain momentum. While some states in the West still posted annual home price losses in August, … [More]
SRP Board Approves System Plan Strategies to Bring Customers Affordable, Reliable and Sustainable Power
SRP’s District Board of Directors approved power system strategies to be implemented between 2025 and 2035 that prioritize affordability, reliability, sustainability and customer focus. The strategies are outlined in SRP’s new Integrated System Plan, which was developed as part of a two-year, data-driven planning process that incorporated perspectives from Arizona universities, … [More]
U.S. Housing Value has Surged, while Metro Phoenix Value has Declined
The U.S. housing market has rebounded impressively in 2023 after a short-lived downturn late last year. The total value of the U.S. housing market has surged by more than $2.6 trillion over the past year, a new Zillow® analysis shows. The total value of the U.S. housing market — the sum of Zillow's estimated value for every U.S. home — is now slightly less than $52 … [More]
Uber Freight to Stretch Across Several New States with AI-Powered Logistics, including Arizona
During the company's annual customer conference that hosts nearly 300 of the world's largest shippers, Uber Freight announced the most comprehensive evolution of its logistics technologies designed to power the global movement of goods. Uber Freight has strategically grown the footprint of the Powerloop program to meet surging client demand for drop and … [More]
