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


    Here's how much home $300K will buy you in Arizona and beyond
    If you're looking to buy a house with a $300,000 budget, you may want to look outside of Arizona if you hope to get a larger home. You'll get the most bang for your buck in Mississippi, and your worst bet is Washington, D.C., according to a survey from GOBankingRates. Using data collected from Zillow, GOBankingRates analyzed the median list price of homes across the nation to determine how much home can be purchased for $300,000 around the country, not counting taxes, fees and other home-buying?


    San Francisco firm looks to spend part of $240M real estate investment in Phoenix
    The firm already purchased a north Phoenix office complex with the new capital and plans to deploy the rest of the funds within 18 months.


    Glitzy Scottsdale Caesars hotel project takes next step forward
    Developers of a Caesars Entertainment Corp. (Nasdaq: CZR) hotel being proposed in Scottsdale have filed updated plans with the city?s development review board. That means the hotel?s developer ? Branson, Missouri-based HCW Development LLC ? is a step closer to starting construction on the project. The project, which was unveiled back in January, is expected to be completed in 2021 at the intersection of Goldwater Boulevard and Highland Avenue. The 11-story, luxury hotel will be known?


    Coyotes sale could put an end to decades of drama
    The Arizona Coyotes are on the cusp of another ownership change ? the team's fourth during the past decade. Billionaire Alex Meruelo has been kicking the franchise's tires, and fellow NHL owners are expected to vote on the sale at their upcoming meeting June 19. If the deal goes through, it will be the fourth time in roughly 10 years the team has been sold or seen a new majority owner. About a decade ago, the team experienced a roller-coaster ownership drama when Canadian businessman Jim Balsillie?


    Arizona AG announces $4M settlement for former ITT Tech students
    Arizona Attorney General Mark Brnovich said Friday his office secured an agreement to provide 412 former Arizona ITT Tech students with almost $4 million in debt relief. The settlement between the U.S. Bankruptcy Trustee and Student CU Connect CUSO, which offered nearly $189 million in loans for ITT students, is contingent on federal court approval of a similar settlement between CUSO and the Consumer Financial Protection Bureau. That approval was expected to be finalized Friday. Arizona and?


    AT&T invests over $525M in Arizona network infrastructure in past 3 years
    AT&T Inc. said it invested more than $525 million between 2016 and 2018 to boost local networks in Arizona. This includes more than $375 million invested in the greater Phoenix area. The money was used to boost reliability, coverage, speed and overall performance for the state's residents and businesses, while also improving services to support public safety and first responders, according to Dallas-based AT&T (NYSE: T). In 2018 alone, AT&T said it made 540 wireless upgrades throughout the state,?


    Scottsdale edtech startup raises outside funding; expects to be profitable in 2020
    K16 Solutions is looking to solve a major headache for schools and universities: cutting down the time-intensive process to switch learning management systems.


    Longtime Central Arts Alliance director steps down to lead Arizona group
    Joseph Benesh, the longtime director of the Central Arts Alliance will step down to lead an Arizona arts lobbying group. Benesh lead the organization, better known as the Phoenix Center for the Arts, for eight years. During the past year, the Central Arts Alliance has taught 3,300 students in-person at its two campuses, and served an additional 35,000 through community events. Under Benesh's tenure, the Mayor?s Arts Awards was created and the Thunderbird Arts Center, the group's second campus,?


    Target sweetens same-day delivery options for online shoppers
    Target Corp. appears be gaining confidence in its delivery prowess, announcing that it's letting customers access its same-day Shipt service directly through Target.com. The Minneapolis-based retailer announced the move June 13 on its corporate blog, A Bullseye View, following a test of the Shipt integration in several markets. Shipt offers same-day delivery for groceries and other items, using its own team of shoppers to pull orders from Target stores and deliver them to customers. Target (NYSE:?


    Editor's Pick: Drugmaker facing ultimate price
    Insys Therapeutics used illegal tactics to pitch its opioid-based spray to more users than was intended. The question is whether the price they pay will impact other businesses.


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Brock Danielson
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