Valley solar company offers free, voluntary COVID-19 tests for employees
3 HRS AGO - Titan Solar Power is one of Arizona’s first employers to provide free voluntary COVID-19 testing Expand
3 HRS AGO - Titan Solar Power is one of Arizona’s first employers to provide free voluntary COVID-19 testing for its workers.
The Mesa-based company said it was approached by Tucson-based Paradigm Labratories LLC and Phoenix-based Prorenata Laboratories LLC, which teamed to develop new testing kits for the coronavirus that can produce results in 24 hours.
"As a company, we are invested in our employees; they are our family. As a family, we are invested in their well-being, first and foremost, " said David… Collapse
Arizona banks step up efforts to help customers during COVID-19 pandemic
6 HRS AGO - Several banks in the Valley are offering breaks and assistance for customers and businesses Expand
6 HRS AGO - Several banks in the Valley are offering breaks and assistance for customers and businesses struggling because of the coronavirus, as Gov. Doug Ducey announced a statewide cooperative program among financial services compamnies to assist lenders and small businesses in distress due to the COVID-19 situation. Collapse
Are real estate and construction essential services? Scottsdale law firm hosts emergency webinar
11 HRS AGO - When Jordan Rose's phone started ringing off the hook the afternoon of March 30 from construction Expand
11 HRS AGO - When Jordan Rose's phone started ringing off the hook the afternoon of March 30 from construction companies asking if Arizona Gov. Doug Ducey's stay-at-home order applied to them, she knew it was time to spring into action.
Yes, construction and real estate are essential services, so the governor is not shutting down those businesses, said the founder and president of Rose Law Group.
She also quickly organized a Virtual Power Lunch for March 31 at noon to discuss the issue — along with topics… Collapse
Ducey issues stay-at-home order effective Tuesday
17 HRS AGO - Arizona Gov. Doug Ducey issued a stay-at-home order effective at close of business Tuesday as a Expand
17 HRS AGO - Arizona Gov. Doug Ducey issued a stay-at-home order effective at close of business Tuesday as a continued effort to fight the spread of COVID-19.
The move, announced at a press conference on Monday, has Arizona joining several other states issuing similar orders a day after President Donald Trump and national health care leaders extended social distancing guidelines through the end of April.
The move restricts people from going out in public except to get groceries, food, prescriptions or medical… Collapse
Carvana CEO part of $600M stock purchase deal; company withdraws prior financial guidance
18 HRS AGO - The CEO and controlling shareholder of Carvana Co. (NYSE: CVNA) are among the investors taking Expand
18 HRS AGO - The CEO and controlling shareholder of Carvana Co. (NYSE: CVNA) are among the investors taking part in a $600 million direct share offering as the Tempe-based online automobile retailer looks to shore up its balance sheet to buffer the effects of the economic shock due to the spread of the coronavirus.
The company is offering 13.3 million shares of common stock at $45 apiece, with the offering expected to close April 1. Net proceeds are to be used for general corporate purposes, according to a… Collapse
ZipRecruiter laying off more than 400 workers, including in Tempe
19 HRS AGO - Online-hiring marketplace ZipRecruiter Inc. is slashing its headcount — including at its Tempe Expand
19 HRS AGO - Online-hiring marketplace ZipRecruiter Inc. is slashing its headcount — including at its Tempe office — as companies slow or halt hiring employees amid the coronavirus pandemic.
The Santa Monica-based company told its employees the news on Friday via Zoom, according the Wall Street Journal, citing people familiar with the situation.
More than 400 of ZipRecruiter’s roughly 1,200 full-time employees will be affected by the layoffs and indefinite furloughs, the newspaper said. Many of ZipRecruiter’s… Collapse
Arizona public schools closed
23 HRS AGO - Gov. Doug Ducey and Superintendent of Public Instruction Kathy Hoffman extended the closure of Expand
23 HRS AGO - Gov. Doug Ducey and Superintendent of Public Instruction Kathy Hoffman extended the closure of public schools for a second and final time this year to protect students from the spread of COVID-19. The two announced this in a joint statement Monday morning, in which they stressed it was a difficult but necessary decision that was ... Collapse
Phoenix labs set to crank out thousands of COVID-19 tests for hospitals, providers
1 DAY AGO - Two competing Valley laboratories are teaming to produce COVID-19 tests as hospitals scramble to Expand
1 DAY AGO - Two competing Valley laboratories are teaming to produce COVID-19 tests as hospitals scramble to buy them. One company CEO told the Business Journal, that, backed by investors, he is in the process of securing millions of dollars worth of testing equipment from Japan that will allow the the labs to crank out thousands of test kits a day. Collapse
Motor Mondays: Lexus RX gets back in touch for 2020
1 DAY AGO - Lexus RX450h - Midsize luxury hybrid crossover
Base price: RX450h, $47,775; F Sport, $51,575; L, Expand
1 DAY AGO - Lexus RX450h - Midsize luxury hybrid crossover
Base price: RX450h, $47,775; F Sport, $51,575; L, $51,485
Mpg range: 31/28; L, 29/28, premium fuel
Manufactured: Ontario
National Highway Traffic Safety Administration: 4 of 5 stars for front crash; 5 for side, 4 for rollover resistance; www.safercar.gov
Website: www.lexus.com
Midsize hybrid competitors: Acura MDX, Audi Q7, Land Rover Discovery Sport, Mercedes-Benz GLE, Porsche Cayenne, Toyota Highlander Midsize plug-in hybrids: Land Rover Range… Collapse
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Raytheon signs another $2B contract extension with Missile Defense Agency
3 HRS AGO - Raytheon Co. has reached a $2.1 billion multiyear contract with the U.S. Missile Defense Agency to Expand
3 HRS AGO - Raytheon Co. has reached a $2.1 billion multiyear contract with the U.S. Missile Defense Agency to build SM-3 Block IB ballistic missile interceptors through 2023.
The SM-3 is the only ballistic missile interceptor that can be launched on land and at sea, Raytheon said. The company already has delivered more than 400 rounds for the program. Full-rate production has been ongoing since 2017.
"This procurement deal is a win-win for government and industry," said Mitch Stevison, Raytheon Strategic… Collapse
COVID-19 delays debut of first electric vehicle from Lucid Motors
7 HRS AGO - The California company building its massive production facility south of Phoenix had planned to Expand
7 HRS AGO - The California company building its massive production facility south of Phoenix had planned to unveil the car next week at the New York Auto Show, which was postponed until late August amid travel bans and the mounting COVID-19 outbreak. Collapse
Honeywell to make crucial N95 protective masks in Phoenix, hire 500
15 HRS AGO - Honeywell International Inc. will open a new protective mask manufacturing facility in Phoenix, Expand
15 HRS AGO - Honeywell International Inc. will open a new protective mask manufacturing facility in Phoenix, looking to hire up to 500 people to meet demand as the COVID-19 pandemic spreads throughout the U.S.
The plant will join a Rhode Island facility of the Charlotte, North Carolina-based Honeywell (NYSE: HON) to manufacture N95 masks for use in health care. The company hopes to ramp up production to supply 20 million masks to stockpile with the U.S. Department of Health and Human Services, which the company… Collapse
Ducey issues order to stay at home
17 HRS AGO - Gov. Doug Ducey issued a “stay-at-home” order today, effective at 5 pm Tuesday until April 30, Expand
17 HRS AGO - Gov. Doug Ducey issued a “stay-at-home” order today, effective at 5 pm Tuesday until April 30, Ducey, according to the Yellow Sheet Report. Collapse
Technology manufacturer plans to hire 100 in Phoenix
18 HRS AGO - Technology manufacturer ABB Inc. leased a 400,000-square-foot warehouse in far west Phoenix that Expand
18 HRS AGO - Technology manufacturer ABB Inc. leased a 400,000-square-foot warehouse in far west Phoenix that will open in the third quarter and eventually employ about 100 people.
The building, located at 79th Avenue and Buckeye Road will serve as the west coast distribution center for the company’s electrification installation products division, which was formerly known as Thomas & Betts.
ABB (NYSE: ABB) is headquartered in Zurich, Switzerland, with its U.S. headquarters in Cary, North Carolina.
“This… Collapse
Macy's to furlough majority of its 130,000 workers
20 HRS AGO - Department store giant Macy's Inc. announced Monday that it will furlough the majority of its Expand
20 HRS AGO - Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt.
Macy's (NYSE: M) made the announcement 13 days after it said it would close all 680 of its physical stores amid the coronavirus outbreak. Those stores will remain closed until the company has a "clear line of sight on when it's safe to reopen," according to a news release.
"While the digital business remains… Collapse
Scottsdale startup raises fresh capital to expand health, safety staffing marketplace
23 HRS AGO - YellowBird's tech platform allows companies to request a professional in less than five minutes, Expand
23 HRS AGO - YellowBird's tech platform allows companies to request a professional in less than five minutes, and then is matched with an expert in less than two hours. The company's co-founder is a 26-year Intel exec. Collapse
Raytheon reaches $1B multiyear deal for missile propulsion systems
1 DAY AGO - Tucson missile maker Raytheon Co. says a new $1 billion multiyear deal for propulsion systems from Expand
1 DAY AGO - Tucson missile maker Raytheon Co. says a new $1 billion multiyear deal for propulsion systems from Californai-based Aerojet Rocketdyne will result in savings for the U.S. Department of Defense and American taxpayers.
Raytheon said in an announcement the multiyear deal allows it to save money in its supply chain as it fulfills contracts with the Missile Defense Agency and U.S. Navy.
"These multi-year agreements also allow our suppliers to transform the way they do business with Raytheon,” said… Collapse
Leader of Arizona’s response to the COVID-19 pandemic quits
1 DAY AGO - A woman who has been a key figure leading Arizona's response to the coronavirus pandemic has Expand
1 DAY AGO - A woman who has been a key figure leading Arizona's response to the coronavirus pandemic has resigned after complaining she was being sidelined from her role. Collapse
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Want to live near Valley's top elementary, middle, high schools? Here's what it costs
3 HRS AGO - There are three spots in the Valley where you can live in order to send your kids to the top Expand
3 HRS AGO - There are three spots in the Valley where you can live in order to send your kids to the top public elementary, middle and high schools, according to an analysis of education and real estate data done exclusively for the Business Journal. Collapse
Before coronavirus, Phoenix airport was on track for huge growth
10 HRS AGO - Before the coronavirus outbreak across the United States and the call for social distancing that Expand
10 HRS AGO - Before the coronavirus outbreak across the United States and the call for social distancing that slammed the travel and tourism industries, Phoenix Sky Harbor International Airport was on track for another record breaking year, according to data released Monday by the city of Phoenix Aviation Department.
For the month of February, before there was a dramatic decrease in passengers in March, the region’s primary airport reported a total of 3,779,737 people flew into or out of Sky Harbor, a 6.4%… Collapse
Valley nurses fearful as hospitals gear up for demand surges as COVID-19 cases rise
16 HRS AGO - Valley nurses are worried their hospital employers don't have enough protective equipment to keep Expand
16 HRS AGO - Valley nurses are worried their hospital employers don't have enough protective equipment to keep them safe from catching the COVID-19 disease. Here is what area hospitals are doing in order to prepare for a surge in coronavirus patients. Collapse
Arizona emergency management director steps down, says her role was 'duplicative
17 HRS AGO - The director of the Arizona Department of Emergency Management resigned Saturday after nearly 24 Expand
17 HRS AGO - The director of the Arizona Department of Emergency Management resigned Saturday after nearly 24 years of service, according to state officials.
Arizona Department of Emergency and Military Affairs director, Maj. Gen. Michael T. McGuire, accepted the resignation of Wendy Smith-Reeve on Saturday night.
"It's a loss," McGuire told ABC15.”She had nearly 24 years of honorable service."
Smith-Reeve's resignation letter gives a personal insight into Arizona's response, "it's become clear that my role… Collapse
Phoenix firm, religious broadcaster still seeking Tegna after two would-be buyers back out
19 HRS AGO - Virginia television station operator Tegna Inc. (NYSE: TGNA) said Sunday two parties interested in Expand
19 HRS AGO - Virginia television station operator Tegna Inc. (NYSE: TGNA) said Sunday two parties interested in acquiring the company have backed out of talks as U.S. markets of been upended by the coronavirus pandemic.
That move removes two competitors from Phoenix investment firm Najafi Cos. and faith-based broadcaster Trinity Broadcasting Network, which teamed up recently to make an offer to buy the company and take it private.
Tegna said in a statement it has received unsolicited acquisition offers from… Collapse
Leadership Lesson: 7 critical questions to ask before making business decisions
22 HRS AGO - When I have 40% to 70% of the information I need, I make a decision.” — General Colin Powell, Expand
22 HRS AGO - When I have 40% to 70% of the information I need, I make a decision.” — General Colin Powell, American military leader
Every day, business leaders make decisions to resolve problems, grasp new opportunities, and stop situations that are not working. Speed vs. accuracy: are we making good decisions based upon some data and group inputs — or short-cut decisions in the interest of time-based on “gut feelings” and intuition?
Asking good questions is a primary tool to obtain data we need for… Collapse
Arizona orders schools closed for remainder of year amid COVID-19 pandemic
23 HRS AGO - Arizona is closing its K-12 public and charter schools for the remainder of the year, with state Expand
23 HRS AGO - Arizona is closing its K-12 public and charter schools for the remainder of the year, with state officials hoping to give more clarity to educators this week as they launch online learning in the wake of the COVID-19 pandemic.
A statement released Monday morning by Arizona Gov. Doug Ducey and School Superintendent Kathy Hoffman said the move was to avoid a series of rolling potential opening dates regarding how to proceed amid a shift to online learning.
The move came less than a day after President… Collapse
Scottsdale private jet charter conducts COVID-19 tests before flights
1 DAY AGO - Set Jet, a Scottsdale-based private jet membership company, has acquired a number of COVID-19 Expand
1 DAY AGO - Set Jet, a Scottsdale-based private jet membership company, has acquired a number of COVID-19 tests and is testing its employees on a regular basis, as well as passengers before they fly.
In early January, Set Jet CEO Tom Smith started paying close attention to the coronavirus outbreak in China and wanted to prepare for when it got to the U.S. Smith, who co-founded TASER International, told the Business Journal he started reaching out to medical manufacturers and health care providers to see if… Collapse
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