The Navajo Housing Authority will forfeit nearly a quarter of the $96 million in federal funds it was awarded for affordable housing projects. That’s part of a settlement reached with the U.S. Department of Housing and Urban Development.
Arizona Gov. Doug Ducey signed a law in May to exempt the sale of U.S. gold coins in the state from capital gains taxes. Tax free status would arguably spur investment, but that does not seem to be happening on the large scale.
Service-related industries grew in September at their fastest pace in 12 years, according to the latest analysis from Tempe-based Institute for Supply Management. The analysis said the sector is growing because of the country’s two recent hurricanes, not despite them.
Phoenix’s Desert Botanical Garden is known, obviously, for its plants. But it’s
been undergoing a bit of a makeover, in terms of its buildings. It’s part of the
garden’s new horticultural center, and has been in the works for a few years; the
first phase opened earlier this year.
140 million consumers were part of the recent Equifax hack, and it’s just the latest in a string of these data breaches that have left millions of Americans at risk. But, according to one expert from Arizona State University, compromised consumer information in these hacks may be the least of our worries.
Sage Memorial Hospital in Ganado, Arizona on the Navajo Nation has agreed to a $200 million settlement with the Indian Health Service. The settlement ends an ongoing lawsuit in which hospital administrators alleged the IHS illegally terminated a contract with the hospital.
Amazon is accepting bids this month for a $5 billion, 50,000-employee second headquarters, and Phoenix, Tempe, Mesa and Tucson are all preparing their pitches. So, where would this massive new headquarters go if we got it?
The city has owned the Sheraton hotel downtown for a decade, but Phoenix City Council agreed Wednesday to sell it to an out-of-state investor for $255 million. The Show’s Lauren Gilger spoke with Councilman Waring to get his reaction to the vote, and why he thinks the city should have never been in the hotel businesses to begin with.
Prices for lithium have been rising, thanks to increased demand for the element to produce batteries for electric cars and other products. And, some analysts expect the demand for lithium to double within a few years.
Silicon Valley and some of its most identifiable companies and leaders have hit the highest highs in high-tech. But elected officials are worried about their growing power, which some have labeled monopolistic.