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


    Target to start limiting customer numbers in stores, give staff masks and gloves
    Target Corp. on Sunday will start limiting the number of shoppers it allows in its stores to enhance social distancing as the coronavirus continues to spread throughout the nation, the company announced on Thursday. The Minneapolis-based retailer also said it will provide disposable face masks and gloves to 350,000 store and distribution centers workers in the next two weeks, as well as to the "shoppers" Target employs through its Shipt same-day delivery operation. The retailer has more more than?


    COVID-19 in Arizona: Entire state experiencing 'community spread'
    At least one confirmed case of the novel coronavirus has been reported in every county in Arizona, meaning the entire state is experiencing ?community spread,? the Arizona Republic reported. Community spread is a form of transmission in which the source of infection is unknown, and Arizona health officials now consider it ?widespread.? Cases of COVID-19 had been most commonly associated with travel or close contact with an individual with a confirmed case. ?We have to work under the assumption?


    Plans submitted for new offices at north Scottsdale Cavasson development
    One of the buildings will be occupied by a national hotel brand for a planned technology center that's expected to employ 500 people.


    Lucid Motors releases video showing off its luxury electric sedan to be made in AZ
    Even though Lucid Motors Inc. has delayed the debut of its luxury electric sedan called Air, the company is still showing it off and taking reservations. The Newark-California-based company headed by former Tesla Inc. chief engineer Peter Rawlinson released a video Thursday showing a team take a beta prototype Lucid Air ? the company's first production car ? on a San Francisco-Los Angeles round-trip loop along California's coastal highway and through the state's Central Valley. The video,?


    AZ Supreme Court: Phoenix allowed to raise rates on Uber, Lyft for airport runs
    The Arizona Supreme Court ruled Thursday the city of Phoenix is able to increase fees for ride-hailing companies such as Uber and Lyft when they operate at Phoenix Sky Harbor International Airport. The court ruled unanimously on the matter. The move is a win for the city of Phoenix, which saw consumers shifting from taking taxis, shuttles and buses to and from Sky Harbor to mainly using ride-hailing companies such as Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (Nasdaq: LYFT). In 2018 and?


    COVID-19 fears close Grand Canyon National Park after weeks of pressure
    The National Park Service abruptly closed Grand Canyon National Park on Wednesday, bowing to weeks of pressure after health officials expressed ?extreme concern? about the potential for spread of COVID-19 in the park. The park has been open with reduced services ? and no entry fee ? for two weeks as the number of coronavirus cases have spiked in the state and the nation and as public health officials have enacted increasingly strict limits on gatherings and public activities. Those increases?


    As thousands of hospitality workers lose jobs, Valley casino employees still getting paid
    Despite having no revenue coming in during coronavirus closures, the tribal enterprises are continuing to pay their employees. One casino executive told the Business Journal his decision to keep workers on the payroll was inspired by entrepreneur Mark Cuban.


    Arizona doctors develop respiratory device that may help during pandemic
    Researchers at University of Arizona College of Medicine have invented a new device that provides oxygen and support for people that need respiratory assistance for the COVID-19 outbreak. The device is a small-scale, low-pressure rebreathing system that removes carbon dioxide and introduces a mixture of helium and oxygen to the respiratory airways. The device could help a coronavirus patient earlier in the process and might reduce the need for ventilators. Tucson-based startup SaiOx licensed?


    New program aims to connect laid-off Phoenix workers with jobs
    As thousands of Arizona workers suddenly find themselves unemployed, Pipeline AZ and Partnership for Economic Innovation have launched a program, ?Now Hiring #C19AZ,? to try to quickly connect laid-off workers to new jobs. ?Pipeline AZ is taking a hard pivot from a career exploration tool to take the massive number of people unemployed and connect them with places hiring,? said John Graham, Sunbelt Holdings chairman and CEO and board chair for Partnership for Economic Innovation. The?


    Arizona shelves are bare but grocery warehouses are on the case, industry leader says
    Empty store shelves symbolize the frustrations and fears of the COVID-19 pandemic, with toilet paper, rice, beans and water in scant supply and purchasing limits imposed so more customers have a chance to buy such staples. Mark Miller, president of the Arizona Food Marketing Alliance, in an email interview, discussed how panic led to hoarding but warehouses are being replenished, the rising popularity of grocery delivery services and the appreciation felt by industry employees who are working hard?


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Brock Danielson
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