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


    These are the best employers in Arizona, according to Forbes
    Costco isn't just the go-to place for Valley residents and businesses to buy in bulk ? the wholesale retailer also is Arizona's best employer, according to a recently published ranking. Forbes has released its inaugural lists of "America's Best Employers by State." At the top of Arizona's list is Costco Wholesale Corp. (Nasdaq: COST), the Issaquah, Washington-based retailer that boasts 245,000 employees companywide. In total, 72 companies were ranked in Arizona. The list is as diverse as Arizona's?


    2 Valley cities rank among top US meeting destinations
    Phoenix and Scottsdale are among the 50 top destinations for meetings, events and conferences in the U.S., according to an annual ranking. Virginia-based Cvent, a meetings, events and hospitality technology provider, released its annual lists of top destinations for meetings and events worldwide this week. On the U.S. list, Phoenix ranked No. 12, which was its same placement last year, while Scottsdale moved up one spot to No. 17. Cvent compiled this year's rankings using data from various platforms?


    Meet Phoenix?s newest business partner: Estonia
    Estonia, a tiny northern European country on the Baltic Sea with a population smaller than that of Phoenix, has opened a consulate in Arizona and named a well-known local politician and businessman as its honorary consul. Maricopa County Supervisor Steve Chucri, who also serves as president and CEO of the Arizona Restaurant Association, was named Arizona?s honorary consul to the Republic of Estonia when the country opened its consulate in Phoenix on June 10. This is the third honorary consulate?


    Frontier Airlines to roll out 4 new flights from Phoenix
    Frontier Airlines wants Phoenix to fly a little farther.  The Denver-based airline, which is owned by Phoenix-based equity firm Indigo Partners, has announced four new nonstop flights from Phoenix Sky Harbor International Airport. Starting in November, the low-cost carrier will offer flights to Detroit; Fargo, North Dakota; San Diego; and Salt Lake City.  Fargo will be a new destination for Sky Harbor.  ?The addition of these new routes is about far more than just ensuring adequate transportation?


    Harkins Theatres names new CFO
    Scottsdale-based Harkins Theatres has named a new chief financial officer. On July 1, longtime vice president and CFO Greta Newell, stepped into her new role as vice president and treasurer. Replacing Newell as CFO is former executive vice president Tyler Cooper. Cooper, who has worked at the movie theater chain since 1999, will expand his current responsibilities to oversee the accounting department and the company?s financial performance. ?Tyler and Greta?s contributions have been invaluable?


    JDA Software powers Walmart's new US employee scheduling system
    While the Scottsdale software maker has worked with Walmart for many years, this is the first project the company could publicly announce with the largest retailer in the world.


    Arizona cities graded on ranking for college education 'opportunity cost'
    Seven Arizona cities made the cut in Bloomberg?s recent gauge of "upward mobility" that measures how long it takes to earn back the money workers could have made by skipping college. The report, which looked at 400 metropolitan areas in the U.S., measured the opportunity cost of income lost by choosing to earn a four-year degree instead of joining the workforce directly after high school. The time it takes for college graduates to make up the money earned by those who went straight to work is?


    PBJ Cribs: See inside the luxury Phoenix penthouse apartment of Tony Felice
    Tony Felice and his husband sold their north Phoenix home and second car to move into a two-story luxury apartment last year in midtown next door to the Phoenix Art Museum. Take a photo and video tour of the couple's new home.


    Several Phoenix-area cities see surge in new home closings
    Phoenix and Mesa vie for top position in new-home escrow closings around the region, according to a new report, while some other southeast Valley cities are also seeing their numbers climb.


    Valley posts largest increase in single-family home rents nationwide
    Prices to rent a single-family home in the Valley climbed higher than anywhere else in the U.S. during the past year, according to a new report. The latest CoreLogic Single-Family Rent Index reveals rental homes in the greater Phoenix region saw rents increase 7.4% from May 2018 to May 2019. Tucson saw the second-highest rent increase for single-family rentals, climbing 6.3% during the same period. As is the case in the Phoenix area's multifamily and apartment markets, the region's red-hot economy?


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Brock Danielson
Phone: 602-881-8852
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