Business

A sudden spike in buyer activity in February may signal a turnaround for the Valley's housing market, which has been experiencing a cooling off period for more than a year, according to a special report by Arizona State University.
February 27, 2015
Phoenix lost one of its last remaining video rental stores this month. But not to the economy. Superstar Video was still doing well – until a fire consumed the building and the store’s 20,000 DVDs.
February 19, 2015
The SRP Board of Directors has voted to raise rates for all of the utility’s customers – the increase was controversial for its potential impact on the solar industry.
February 27, 2015
Tempe announced its adding yet another company to its roster of big name businesses. Northern Trust, a financial services company, is expanding its current operations by building a new office, and it is promising to create 1,000 jobs in the next three years.
February 27, 2015
Salt River Project approved a 3.9 percent rate hike, which included an average $50 monthly charge to solar customers, during a marathon meeting on Thursday.
February 26, 2015
On Thursday, Salt River Project, the state's second-largest utility, may decide to impose its first rate hike in 2 1/2 years and begin charging an additional fee to its solar customers, a proposal that has drawn criticism from the solar industry.
February 23, 2015
The Valley's explosive housing recovery in recent years officially slowed down in 2014, ending the year with a modest 5.4 percent increase in home prices. With investor interest waning, the rebound now lies in the hands of traditional buyers, who experts say could start returning to homeownership this coming year.
February 18, 2015
Arizona is lining up more than $28 million in tax breaks for Apple's global command center in Mesa, which will employ hundreds of fewer jobs than initially planned. Experts weigh in on the pros and cons.
February 16, 2015