April 2009 Archives

The Wave Of Bank Mergers Has Changed The State’s Financial-Services Landscape


The banking industry has plenty of troubles, but in Arizona, the least of its problems is the aftermath of recent mergers. Bankers and industry observers say the state’s financial-services landscape hasn’t significantly changed because of the consolidations. Other than the usual branch closings and potential employee layoffs, they don’t see a big shakeup looming. One… Read More →

Stabilizing Asset Prices Is Key To An Economic Recovery

money line

The declines in asset prices are sweeping around the globe like a giant tsunami tumbling everything in its wake. Equity prices are down 47 percent from their highs, commodities 53 percent and, of course, residential real estate 25 percent. Industrial production, retail sales and personal consumption expenditures are all showing losses year-over-year and do not… Read More →

Legal Arizona Workers Act Does Not Cause Expected Upheaval

american flag, protest

In 2007, the state of Arizona made its first foray into “immigration reform” when it passed the Legal Arizona Workers Act. However, before the Legal Arizona Workers Act (LAWA) even became effective on Jan. 1, 2008, the Legislature went to work on amending the statute, presumably to “cure” some of the more controversial aspects of… Read More →

New Angel Investment Group Targets Women Entrepreneurs

angel statue

A new angel investment group called the Catalyst Committee is gearing up to invest in local startup companies that focus on consumer goods such as apparel, high-end furniture and cosmetics. Heading up the new committee is Dee Riddell Harris, president of the Arizona Angels, a group of private investors that has been funding startup, technology-based… Read More →

Sushi Roku Blends Trendy With Traditional For A New Dining Experience

sushi platter

At the heart of the new W Scottsdale, Sushi Roku is taking the dining world by storm. With various locations in the Los Angeles area, as well as one in Las Vegas, this contemporary twist on Japanese cuisine has arrived to make its mark on Arizona territory. The architecture and decor are a sleek combination… Read More →

Strong Ties To NASA’s Mars Program Fuels Money Into State’s Economy

Narrow Angle Camera Nasa Mars Mission University of Arizona

Millions of miles away and dragging a broken wheel, the Mars rover Spirit illustrates how the stars have aligned for Arizona and its growing position in space research and exploration. Besides the engineering miracle of functioning on just three working wheels, Spirit’s broken fourth appendage is unintentionally digging a trench, unearthing fresh proof the Red… Read More →

Staying Healthy At Work

hand sanitizer helps stay healthy at work

Stress is present in almost everyone’s lives today, particularly with the cloud of an unstable economy hanging over the country. Not surprisingly, work is one of the top things that cause people stress. The problem doesn’t end there. Stress can affect more than our mindset and our mood — it can affect our health. The… Read More →

The Credit Crunch Is Leading Many Organizations To Outsource Asset-Intensive Legacy Processes

Money Crunch

Market conditions are always a driving force in organizational spending, and the current environment is no exception. But in 2009, in addition to cost reduction, companies are now evaluating whether they can maximize their scarce credit availability by outsourcing capital-intensive IT functions that were traditionally “off limits” to these sorts of exercises or simply not… Read More →

Michael Spreeman, Owner Of Spreeman Piano Innovations

Spreeman Piano Innovations

Michael Spreeman Spreeman Piano Innovations Title: Owner | Est.: 2004 www.spreemanpianoinnovations.com From an early age, Michael Spreeman knew he was meant to work with pianos. Beginning at age 18, he experienced nearly every aspect of the industry — from servicing pianos for recording studios and artists, to technical consulting, to working as a high-end piano… Read More →

CEO Series: Keith Maio President and CEO National Bank of Arizona

Keith Maio President and CEO National Bank of Arizona

Keith Maio President and CEO National Bank of Arizona Assess the current state of the banking industry in Arizona. It looks pretty tough. The economic environment is difficult. What we deal with in Arizona is that we have a real estate-dominant economy, so many of the local banks are heavy in real estate lending. And… Read More →