Business News Archives

Financial Experts Applaud Financial Literacy Law

money-talks

Arizona has joined 24 other states in passing Senate Bill 1449, which requires schools to teach financial literacy in a K-12 setting. It comes after a report from the Center for Financial Literacy, which gave Arizona a “B” for its efforts to improve financial literacy in high schools. “The new law has tremendous value in… Read More →

Medicaid Expansion Helps Hospitals’ Financial Health

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Now that the debate over Medicaid expansion and restoration is over and the issue has moved from the political arena to the medical arena, hospitals are already starting to see an impact. “Our self-pay has been declining since Medicaid expansion took effect,” said David Covert, chief operating officer, Western Division, IASIS Healthcare, and CEO for… Read More →

Is Phoenix-based PetSmart for sale?

doggies, web

Bowing to pressure from investors, Phoenix-based PetSmart Inc. said Tuesday that it is considering putting itself up for sale. The pet supply chain said that it will weigh “strategic alternatives” after a board review that included conversations with shareholders. Investment firm Longview Asset Management and hedge fund Jana Partners have both called on PetSmart to… Read More →

USI Insurance acquires Webb & Greer

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USI Insurance Services, based in Valhalla, N.Y., announced today the closing of the acquisition of Webb & Greer Insurance Agency, Inc., based in Tempe, Ariz. Terms of the transaction were not disclosed. Founded in 1995, Webb & Greer provides personalized, value-added commercial property and liability insurance programs in the Phoenix metropolitan area and throughout the… Read More →

2014 Ranking Arizona Platinum Hall of Fame Inductees

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On April 03, the 2014 Best of the Best Awards celebration was held at The Venue of Scottsdale where Ranking Arizona recognized the companies that Arizona’s public ranked as their favorites to do business with. Congratulations to the 2014 Ranking Arizona Platinum Hall of Fame inductees: Brycon Construction Category: Manufacturing/Technology: Cleanroom Design Principal(s): Bryant W.… Read More →

Bill would make corporate tax credits public information

Get more cash
February 19, 2014 by in Business News | Featured

A House committee has approved a bill that would make some tax credits claimed by corporations public information. House Bill 2586 would require the state Department of Revenue to submit an annual report detailing the names of companies who get corporate credits of $5,000 or more and to make that report public. Republican bill sponsor… Read More →

Phoenix-area Housing Market Officially in Slowdown

Sandra Wilken Luxury Properties

Expect those big price increases we’ve seen for Phoenix-area homes to slow down, possibly even stop or reverse a little this year. A new report from the W. P. Carey School of Business at Arizona State University predicts two-plus years of large gains to come to an end in 2014. The latest data for Maricopa… Read More →

Was Dumb Starbucks Smart?

Nathan Fielder
February 17, 2014 by in Business News | Featured | Legal

Comedian Nathan Fielder created a media stir, and long lines, when he opened a coffee shop called Dumb Starbucks. The establishment was quickly closed down for not having a permit. In the short time that the shop was open, legal commentators everywhere speculated about whether Starbucks would sue for trademark infringement, and if it did,… Read More →

Business Customers Rank SRP Highest in West

energy.bill
February 13, 2014 by in Business News | Energy

In a report issued today by J.D. Power, Salt River Project ranks highest in customer satisfaction for business electric service among large electricity providers in the West Region for the fourth time in five years. SRP’s overall customer satisfaction index is 713 out of a possible 1,000 points in the 2014 Electric Utility Business Customer… Read More →

Miller Russell Associates launches rebranding

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One of the Valley’s leading independent investment and wealth management advisors, Miller Russell Associates, has rebranded to align with the new dynamic, energy and culture that exists in the firm after becoming independent and partner-owned. This proactive initiative includes a name change from “Miller/Russell & Associates” to “Miller Russell Associates.” CEO and Managing Partner Mark… Read More →

14 New Domain Extensions Available at GoDaddy

online
February 13, 2014 by in Business News | Small Biz | Tech

GoDaddy, the world’s largest domain name registrar, launched seven new domain name extensions today, giving people more choices when it comes to finding the right online name. Today’s launch, featuring popular names like .GURU and .PHOTOGRAPHY, brings the total of new generic top-level domain name extensions, or gTLDs, available at GoDaddy.com to 14. The new… Read More →

TEP Recognizes Energy Efficiency Partnerships

clear energy systems coming to tempe
February 13, 2014 by in Business News | Energy | Green

Tucson Electric Power (TEP) has recognized customers and other community partners with TEP BrightEE Awards for energy savings achieved through the company’s successful energy efficiency (EE) programs. The inaugural TEP BrightEE Awards were presented today to local nonprofit organizations, school districts, small businesses and homebuilders. Several BrightEE (pronounced ‘brighty’) recipients are customers who reduced their… Read More →

Chalk One Up for the Grand Canyon

Grand Canyon - AZ Business Magazine Mar/Apr 2011

Don’t miss your chance to experience one of the Seven Natural Wonders of the World right on the streets of Los Angeles, California (L.A.)! The Arizona Office of Tourism (AOT) is promoting travel to Arizona, LAtoAZ.com, and has commissioned chalk artist Tracy Lee Stum, one of the world’s foremost 3D street painters, to capture the… Read More →

Winnresidential Adds Apartment Portfolio in Arizona

Winn
February 12, 2014 by in Brokerage | Business News

WinnResidential, the property management arm of WinnCompanies, announced today that it has assumed management responsibilities for Highridge Costa Investors, a leading developer and asset manager, at six of their multifamily communities in the state of Arizona. As a part of this partnership, WinnResidential will take over the property management, maintenance and leasing for all six… Read More →