Business News

Activists Try To Stop Construction At Chinese Cultural Center
The Phoenix Chinese Cultural Center is back in the news again after activists and construction crews faced off Monday.
Oct. 16, 2018
Why Do We Keep Building Houses In Places That Burn Down?
It’s a real estate paradox: the most desirable places to live are also among the most susceptible to wildfires. Mansions in the Santa Monica Mountains, tiny cabins tucked into the Angeles National Forest, and houses at the very edge of subdivisions are all beautiful because they’re surrounded by undeveloped land. But what makes them beautiful is also what makes them dangerous.
Oct. 15, 2018
Is Housing Market Heading For Stagnation?
All signs say that consumer confidence is high and the economy is strong, but it turns out, the housing market is slowing, at least nationally.
Oct. 15, 2018
Arizona Lands Contracts To Build New Rockets
The Defense Department has awarded more than $2 billion in contracts to three companies to build rockets. Some of the build-out of those rockets is slated to happen in Arizona.
Oct. 15, 2018
Debating The Pros And Cons Of Clean Energy Measure
Supporters and opponents of a measure to increase the amount of renewable energy Arizona uses have spent millions and millions of dollars to try to influence your vote. It’s nearly impossible to watch TV for even a few minutes and not see an ad for or against Proposition 127.
Oct. 15, 2018
How Neighborhoods Bear The Cost Of Tax Incentives
Tax incentives have been used by cities and states for years in the attempt to attract businesses and generate a newer revenue stream. But critics have argued that the government is picking winners and losers, and the promised positive impact rarely, if ever, pans out.
Oct. 15, 2018
Glendale Gathering Public Input On Walking, Biking
Glendale is working on a plan to improve the way people get around without using cars or buses.
Oct. 15, 2018
Canada Will Impose Steel Safeguards
Canada announced last Thursday it will impose new tariffs on steel imports, as the U.S., Canada, and Mexico continue to disagree on how to trade this important construction material.
Oct. 15, 2018
Wings For Autism Helping Kids Learn How To Navigate Airport
Phoenix Sky Harbor Airport is teaming up on a training exercise with a local organization that advocates for autism awareness.
Oct. 12, 2018
Nuns On The Bus Talk Tax Policy Across The U.S.
A bus full of Catholic nuns is traveling from Santa Monica, California, to Mar-a-Lago, in Florida, between now and Nov. 2. They’re aiming to raise awareness of what they say are problems with the tax law signed by President Donald Trump late last year.
Oct. 12, 2018
Glendales Generous Building Sale Price Raises Eyebrows
When a design showroom and manufacturer of outdoor furniture bought a building in downtown Glendale, more than a few eyebrows were raised. But it wasn’t the nature of the business, it was the price paid for the building.
Oct. 12, 2018
Companies, Colleges Join For Research On Self-Driving Cars
You’ve seen the Waymo self-driving cars stopped at intersections, you’ve seen the Uber cars in your rearview, well here’s another name entering the Valley’s self-driving arena —The Institute for Automated Mobility.
Oct. 12, 2018
On Wednesday and Thursday, the Dow Jones Industrial Average dropped by more than 1,000 points combined — leading many to wonder whether the long-running bull market is on the wane.
Oct. 12, 2018
Iconic Mexico 68 Olympics Design Is Still Revered — And Disputed
The Mexico City Olympic Games began 50 years ago, on Oct. 12. The Games’ vibrant visual identity became the icon of an era and a country, and the style is celebrated as a cornerstone for contemporary graphic design. But its success also brought an ongoing dispute between people from both sides of the border.
Mexico Seeks ‘Lost’ Children Artists For 50th Anniversary Of 1968 Olympics
Oct. 12, 2018
AZ Rocket Company Receives $800M Air Force Contract
The U.S. Air Force has chosen three aerospace companies in which to invest $2 billion, including one that builds rockets in Chandler.
Oct. 11, 2018
U.S. Interior Extends Mining Ban Near Yellowstone Park
U.S. Interior Secretary Ryan Zinke has approved a 20-year ban on new mining claims in Montana near Yellowstone National Park.
Oct. 11, 2018
ADEQ Seeks More Control Over Environmental Programs
There have been a number of efforts in Arizona — including at the ballot box — to give the state increased control over certain lands and environmental measures.
Oct. 11, 2018
The Takeaway: Poverty In St. Louis Is Exacerbated By An Affordable Housing Crisis
President Trump's Council of Economic Advisers declared this summer that the "War on Poverty" was largely over.
Oct. 11, 2018
Diverse Group Warns Of Impacts Of Proposition 126
A diverse group of opponents is coming out strongly against a ballot measure that would bar the Legislature from taxing services, saying it will decimate education and transporting funding.
Oct. 11, 2018
Waymo On Safety, Slow Rollout Of Driverless Tech
If you drive in the Valley, you might be getting used to seeing self-driving cars on the road. Waymo has a fleet of minivans with big cameras on top driving around the East Valley and, in April, the Google company launched an early ridership program here as well.
Oct. 10, 2018