Phoenix Business News - Local Phoenix News | The Business Journal of Phoenix

    Vicente Fox in Phoenix to discuss legalizing marijuana in Mexico (Video)
    Vicente Fox, former president of Mexico, was in Phoenix March 21 to meet with Arizona's cannabis executives to see how Mexico can learn from Arizona's medical marijuana industry. Fox said he envisions a mutually beneficial trade relationship between Mexico and Arizona, which legalized medical marijuana in 2010. Mexico legalized medical marijuana last year and is in the process of setting up its system. Arizona has tried to legalize marijuana for recreational use, but so far has been unsuccessful. Worldwide?

    Scottsdale software firm buys Australian company
    With the acquisition and hiring plans, InEight anticipates having 750 employees by 2018.

    WalletHub: Arizona lands in top 20 states for innovation
    When it comes to innovation, Arizona fares pretty well among U.S. states, according to a new analysis from WalletHub. The personal finance website this week published its 2018 ranking of most and least innovative states. Arizona landed in the top 20 at No. 16. That's just ahead of Michigan (No. 17) and New Mexico (No. 18) and just behind Minnesota (No. 15) and Texas (No. 14). To put together its findings, WalletHub looked at 22 indicators of innovation-friendliness scattered across two larger metrics:?

    Motor Mondays: Luxury living in the fast lane with Rolls-Royce Phantom VIII (Video)
    Rolls-Royce Phantom VIII Ultimate luxury sedan Base price $450,000, $530,000 extended wheelbase MPG: 12/19 Manufactured: Goodwood, England National Highway Traffic Safety Administration: Not rated Web: Competitors: Bentley Mulsanne, Rolls-Royce Ghost Bottom line: The ultimate in luxury sedans The Rolls-Royce Phantom is the most luxurious sedan on the road, not to mention one of the most iconic. Phantom VIII debuted last year, only the eighth iteration of the?

    A big change that favors landlords could cause office rents to rise
    An updated industry standard for how office space is measured creates new ways for landlords to increase their incomes.

    SRP, Tesla settle lawsuit brought by SolarCity
    Salt River Project and SolarCity parent company Tesla reached a deal to settle a longstanding lawsuit brought against the utility by the solar company. Three years ago, SolarCity sued SRP over newly enacted rate plans that impacted solar customers. The installer contended the changes would increase rates substantially for new SRP solar customers. The agreement announced this month dismisses that lawsuit with prejudice, according to a statement outlining the terms of the deal. Under the agreement,?

    Report: Phoenix a top spot for operating a food truck, but restrictions keep region down
    Phoenix is a top market to operate a food truck ? so long as you can comply with some burdensome regulations. That's according to a new report from the U.S. Chamber of Commerce that analyzed the food truck industry. The report, titled "Food Truck Nation," ranked Phoenix No. 14 among the top 20 cities for food truck owners. Take a look at the full 20-city ranking by clicking through the gallery above. The 12-month study ranked Phoenix and 19 other cities based on the average score of three metrics:?

    Will True Food Kitchen be the next Shake Shack?
    Could Phoenix-based True Food Kitchen be the next restaurant brand to take off and become a national sensation like Shake Shack? A new report from CNBC said the Fox Restaurant Concept spin off is poised to be the next big restaurant chain. The CNBC story is based off a report published by the restaurant data firm Fishbowl of the best up-and-coming brands. CNBC pointed out that Shake Shack was on the list just a few years ago. As I wrote about a few weeks ago, True Food Kitchen is in growth mode,?

    Throwing shade: SRP, college fashion designers put a sustainable twist on the runway
    It took Chey Gust four-and-half hours to sew a colorful bodice reminiscent of Disney?s "Little Mermaid." And it took Lilyanne Legan two weeks to design and sew a dress adorned with a Phoenix rising symbol. The duo are fashion design students at Mesa Community College and were part of a first-of-its-kind show sponsored by the Salt River Project utility featuring clothing made out shading materials. The goal of the SRP fashion show was to find an original way to highlight how important shading?

    Here are the top lobbying firms in Phoenix
    Veridus LLC caught and passed Triadvocates LLC, the longtime No. 1 firm on the Phoenix Business Journal?s Lobbying Firms list, to take the top ranking when the 2018 version of the list was published today. The list has been ranked by firms? number of Arizona clients since 2010, and Triadvocates had held the top spot on the list since then. However, this year Veridus reported 80 clients to Triadvocates' 79. Third on the list was Public Policy Partners LLC with 50 clients. Click the image above?

Brock Danielson
Phone: 602-881-8852
Mobile: 602-881-8852