A Mesa distribution center operated by Dexcom, maker of innovative continuous glucose monitoring products for people with diabetes, will serve as the Valley’s first state-run indoor drive-thru COVID-19 vaccination site. “As the hot summer months approach, we want to ensure our vaccination sites continue to operate efficiently,” said Governor Doug Ducey. “Health care … [More]
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Indoor Drive-Thru COVID-19 Vaccination Site in Mesa will Maintain Vital East Valley Presence
State of Arizona Office of the Governor
Mayo Clinic and ASU MedTech Accelerator Boosts Health Startups
inbusinessPHX.com
Few things have better illustrated the need for innovative medical technologies than the COVID-19 pandemic. The Mayo Clinic and ASU MedTech Accelerator, a flagship program of the Mayo Clinic and ASU Alliance for Health Care, was designed to help empower medical startups to better navigate challenges while bringing forth life-changing health innovations. The second cohort of … [More]
Governor Halts Restrictions on Events, Businesses and Masks
State of Arizona Office of the Governor
With the state of Arizona hitting several important public health benchmarks, Governor Doug Ducey announced several updates to the state’s COVID-19 measures, including on events, businesses and local ordinances. Several key data points contributed to these changes: Mass distribution of the vaccine: 3,041,773 doses of COVID-19 vaccine had been administered to … [More]
Small Business Recovery Remains Fragile, Says Survey
NFIB
The NFIB Research Center released its latest COVID-19 survey on the impact the pandemic has had on small businesses. This survey marks NFIB’s 16th survey in the series, which started in early March 2020. Thirteen percent of small business owners report that they will have to close their doors if current economic conditions do not improve over the next six months, down from 25% … [More]
U.S. Weekly Jobless Claims Lowest since Pandemic Began
U.S. Bureau of Labor Statistics
In the week ending March 20, the advance figure for seasonally adjusted initial claims was 684,000, a decrease of 97,000 from the previous week's revised level. The previous week's level was revised up by 11,000 from 770,000 to 781,000. The 4-week moving average was 736,000, a decrease of 13,000 from the previous week's revised average. The previous week's average was revised … [More]
Another 37 Million Economic Impact Payments from the American Rescue Plan Disbursed
inbusinessPHX.com
The Internal Revenue Service, the U.S. Department of the Treasury and the Bureau of the Fiscal Service announced they are disbursing approximately 37 million payments in the second batch of Economic Impact Payments from the American Rescue Plan. This brings the total disbursed payments from the American Rescue Plan to approximately 127 million payments worth approximately $325 … [More]
SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans
U.S. Small Business Administration
The U.S. Small Business Administration is increasing the maximum amount small businesses and non-profit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to … [More]
Arizona Launches New COVID-19 Vaccine Public Service Announcements
Arizona Department of Health Services
With COVID-19 vaccination becoming available to all adults at state-run sites, the Arizona Department of Health Services (ADHS) is launching a series of public service announcements in both English and Spanish encouraging people to get vaccinated. Two of the first PSAs, which began airing this week, feature Governor Doug Ducey and ADHS Director Dr. Cara Christ. “Remember: … [More]
Intel Announces $20B Expansion in Arizona
Intel
Intel CEO Pat Gelsinger today announced expansion of the company’s semiconductor manufacturing capacity, beginning with plans for two new factories (or “fabs”) at the company’s Ocotillo campus in Chand Gelsinger announced the new fabs during Intel’s global “Intel Unleashed: Engineering the Future” webcast. During the event, he announced the evolution of … [More]
Intel Announces Strategy for Manufacturing, $20B Investment to Build Two New Fabs in Arizona
Intel
Intel CEO Pat Gelsinger outlined the company’s path forward to manufacture, design and deliver leadership products and create long-term value for stakeholders. During the company’s global “Intel Unleashed: Engineering the Future” webcast, Gelsinger shared his vision for “IDM 2.0,” a major evolution of Intel’s integrated device manufacturing (IDM) … [More]
New Entertainment Industry Masters Program at Thunderbird School of Global Management
Thunderbird School of Global Management
Ted Hope, the former Co-Head at Amazon Movies, will join Arizona State University’s Thunderbird School of Global Management as the marquee professor of practice in the new Master of Arts in Global Affairs and Management in the Creative Industries (MGCI). Powered by Thunderbird, the MGCI is a collaborative effort between two ASU colleges, linked together through The Sidney … [More]
Stimulus: More Economic Impact Payments Set for Disbursement in Coming Days
inbusinessPHX.com
For taxpayers receiving direct deposit, this batch of payments began processing on Friday and will have an official pay date of Wednesday, March 24, with some people seeing these in their accounts earlier, potentially as provisional or pending deposits. A large number of this latest batch of payments will also be mailed, so taxpayers who do not receive a direct deposit by March … [More]
Vaccines and the Economic Comeback
by Edgar R. Olivo
The Arizona Department of Health Services and Governor Doug Ducey announced on Monday that registration at Arizona’s state-operated COVID-19 vaccination sites in Maricopa, Pima and Yuma counties will be open to all Arizonans 16 and older beginning at 8 a.m. Wednesday, March 24. This is great news for many who have been waiting to have access to the vaccine, especially … [More]
EN NEGOCIOS: Las vacunas y el regreso económico
por Edgar R. Olivo
El Departamento de Servicios de Salud de Arizona y el gobernador Doug Ducey anunciaron el lunes que el registro en los sitios de vacunación de COVID-19 operados por el estado de Arizona en los condados de Maricopa, Pima y Yuma estarán abiertos para todos los Arizonenses de 16 años o más a partir de las 8:00 AM el miércoles 24 de marzo. Esta es una gran noticia para muchos … [More]
Arizona Expands COVID-19 Vaccination Eligibility to All, March 24
State of Arizona Office of the Governor
Registration at Arizona’s state-operated COVID-19 vaccination sites in Maricopa, Pima and Yuma counties will be open to all Arizonans 16 and older beginning at 8 a.m. Wednesday, March 24, Governor Doug Ducey and the Arizona Department of Health Services announced today. “Our goal has been and remains to get vaccine into the community as quickly, widely and equitably as … [More]
SBA Launches Portal to Begin Accepting Shuttered Venue Operators Grant Applications on April 8
U.S. Small Business Administration
The U.S. Small Business Administration is launching a splash page for the Shuttered Venue Operators Grant (SVOG) application portal today in anticipation of opening applications for the much-anticipated critical economic relief program on Thursday, April 8, 2021. “Help is here for venue operators hit hard by the COVID-19 pandemic. The SBA has worked diligently to build the … [More]
Comerica Expands Community Development Lending Program
Comerica Bank
Comerica Bank announced it will expand its community development lending program, specifically as it relates to affordable housing. Comerica plans to strengthen access to capital assistance for nonprofit and for-profit developers of Low-Income Housing Tax Credit (LIHTC) projects. The program will focus on increasing the availability of affordable multifamily housing for … [More]
Phoenix Market Update: Suburban Assets Lead Activity
CommercialEdge
After closing January with $137 million in office sales, Phoenix’s transaction activity lost some steam in February. According to CommercialEdge data, 438,968 square feet of office space traded across the metro for $108 million. The sales amount was 26.4 percent higher year-over-year, as 465,361 square feet of space changed hands for $77 million in February 2020. Five of the … [More]
