Arizona Business News

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AZ bill to address organized theft; critics call it too broad
A bill introduced in the Arizona Legislature would enhance the penalty against those who engage in multiple incidents of organized retail theft.
Jan. 31, 2024
It might seem like cash is becoming obsolete. This author says thats a false narrative
The Show spoke with author and economic anthropologist Brett Scott about why he argues that the finance and tech sectors actually benefit from the narrative that cash is slowly becoming obsolete.
Jan. 31, 2024
Phoenix tests new water fountains to provide chilled water year-round
A new pilot program in Phoenix is increasing public access to chilled water. The city recently installed two fountain prototypes downtown.
Jan. 31, 2024
Sky Harbor sets record with nearly 49M passengers in 23
The milestone came during a year that saw the Valley host Super Bowl LVII, the World Series and the annual Waste Management Phoenix Open. The airport served nearly 49 million passengers in 2023.
Jan. 30, 2024
Chandler hosts open house for police chief candidates
Chandler residents will have a chance to meet the candidates who want to be the city’s next police chief.
Jan. 30, 2024
American Airlines cuts 600 jobs in Valley, Dallas
American Airlines is eliminating more than 300 jobs in metro Phoenix.
Jan. 30, 2024
Arizona Republic union secures contract with Gannett
After four years of negotiation, the union representing journalists at the Arizona Republic has secured a two-year contract with parent company Gannett. The contract includes a 50-thousand dollar minimum salary and other benefits.
Jan. 30, 2024
GOP lawmakers resurrect failed housing legislation
Arizona’s Republican lawmakers want to allow homes to be built on smaller lots and prohibit cities from requiring homebuyers to join homeowners associations.
Jan. 29, 2024
Live horse racing is back at Phoenix Turf Paradise
Turf Paradise in Phoenix marked its return to live racing on Monday, starting off a 57-day meet running through the Kentucky Derby on May 4. The track's owner is still looking to sell the facility.
Jan. 29, 2024
LGBTQ organization receives $1.9M to serve more homeless youth
A local LGBTQ-advocacy organization received a nearly $2 million grant to help support the youth it serves. The grant is the largest in the group’s history.
Jan. 29, 2024
How a New York Times lawsuit could impact OpenAIs ASU partnership
OpenAI’s partnership with Arizona State University is the first of its kind, but it comes just weeks after the New York Times announced a lawsuit against the company behind ChatGPT.
Jan. 29, 2024
Phoenix, TSMC apprenticeship program attracts White House attention
Phoenix is launching what's believed to be one of the nation’s first registered apprenticeship programs to support the semiconductor and advanced manufacturing sectors.
Jan. 29, 2024
County offers grants for businesses to add rooms for nursing mothers
Maricopa County is offering grants for businesses to create or enhance lactation spaces for nursing mothers.
Jan. 29, 2024
Salt River Project contracts with company to boost power storage duration
Salt River Project is embarking on a pilot power storage system. The technology utilizes material which promises to offer approximately six hours longer storage duration than the current lithium-ion batteries it uses.
Jan. 29, 2024
Bank branch on wheels brings financial services to underserved Phoenix communities
PNC Bank has launched a new bank branch on wheels to promote financial literacy among underserved populations in Phoenix.
Jan. 29, 2024
Arizona bill would waive the $12 drivers license fees for unhoused people
House Bill 2143 would exempt people from paying the $12 fee needed for a license if they don’t have a current address or their nearest address is a homeless shelter.
Jan. 28, 2024
New app makes Phoenix Art Museum more accessible
A smartphone app is making the Phoenix Art Museum more accessible and interactive. Bloomberg Connects acts as a digital museum guide. Guests can access exclusive content including photos, videos and interviews with artists.
Jan. 27, 2024
UA athletics is on track to lose roughly $65 million in 2 years
The state Board of Regents meeting on Thursday revealed that the athletics department at the University of Arizona is on track to lose approximately $65 million over two years. A Smith College economics professor has found that athletic expenses are higher than revenues at the overwhelming majority of Division I schools.
Jan. 27, 2024
Mario Kart apartments break ground in Phoenix
A new luxury apartment building inspired by the video game “Mario Kart” is under construction on Roosevelt Row in downtown Phoenix.
Jan. 25, 2024
Mayes asks IRS to reverse 2023 Arizona family tax rebates decision
The 2023 state budget included a tax rebate for those who claimed a dependent on their returns two years prior. The IRS recently determined those rebates are subject to federal taxation. Arizona Attorney General Kris Mayes is asking the agency to reverse that decision.
Jan. 25, 2024

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