Phoenix Business News
Finance
Federal Reserve Approves PNC’s Acquisition of FirstBank
Phoenix, December 12, 2025 The Federal Reserve has approved PNC Financial Services Group’s acquisition of FirstBank Holding Company for $4.1 billion. This strategic move will significantly enhance PNC’s market presence in...
Doxim Launches New Communications Hub in Phoenix, Arizona
Phoenix, Arizona, December 12, 2025 Doxim, a leader in customer communications management, has opened a new 64,000 square-foot facility in Phoenix, Arizona. This state-of-the-art hub consolidates services previously offered in Phoenix...
Buc-ee’s to Open First Arizona Location in Goodyear
Goodyear, Arizona, December 12, 2025 Buc-ee’s has announced the rescheduled opening of its first Arizona location in Goodyear for June 2026. Spanning 74,000 square feet, the travel center will feature 120...
Carvana Set to Join S&P 500 After Remarkable Recovery
Tempe, Arizona, December 8, 2025 Carvana Co. is poised to join the S&P 500 index on December 22, a significant milestone in its recovery journey. The announcement led to an 8.6%...
Windtree Therapeutics to Acquire CommLoan, Inc.
Warrington, Pennsylvania, December 5, 2025 Windtree Therapeutics, Inc. has signed a letter of intent to acquire CommLoan, Inc., a Scottsdale-based fintech company specializing in commercial real estate. This strategic move aims...
Record Levels of Customer Rage Reported in Tempe, Arizona
Tempe, Arizona, December 4, 2025 A recent study by Arizona State University reveals alarming levels of customer dissatisfaction in Tempe, highlighting issues such as delayed service and unmet promises. As small...
Federal Reserve’s Anticipated Rate Cut: What It Means for Phoenix
Phoenix, AZ, December 4, 2025 The U.S. Federal Reserve’s upcoming decision to cut interest rates by 25 basis points could significantly impact Phoenix’s economy, particularly for local businesses. This potential rate...
Phoenix Housing Market Surges Ahead of National Trends
Phoenix, Arizona, December 4, 2025 The Phoenix housing market has shown impressive growth, with increased closed sales, new listings, and median home prices surpassing national averages. In the first ten months,...
Arizona Businesses Shine at Az Business Angels Awards
Phoenix, Arizona, December 4, 2025 The Az Business Angels awards celebrated ten exemplary organizations in Arizona for their remarkable philanthropic contributions. Honorees include the Arizona Diamondbacks and Delta Dental, which have...
Construction
Major Development Signals Transition for Mesa, Arizona
Mesa, Arizona, December 12, 2025 Mesa, Arizona is undergoing a significant transformation as homebuilders acquire land previously used as a dairy farm. Approximately 600 lots are being repurposed for residential development...
BNSF Railway’s Logistics Hub Faces Community Opposition in Wittmann
Wittmann, Arizona, December 12, 2025 BNSF Railway’s ambitious $3.2 billion logistics hub project in Wittmann, Arizona, is encountering significant pushback from local residents and officials. The Maricopa County Board of Supervisors...
Chandler Fashion Center’s Major Redevelopment Project Announced
Chandler, Arizona, December 11, 2025 Chandler Fashion Center in Arizona is embarking on a significant redevelopment project, aiming to transform the center into a premier dining and entertainment destination in the...
LivAway Suites Begins Construction on Extended-Stay Hotel in Mesa
Mesa, Arizona, December 11, 2025 LivAway Suites has officially broken ground on its new extended-stay hotel in Mesa, Arizona, marking the company’s fifth location in the state. Set to open in...
Diversified Partners Unveils 16-Acre Retail Development in Surprise, Arizona
Surprise, Arizona, December 10, 2025 Diversified Partners has announced plans for a new 16-acre mixed-use retail development in the Prasada Master Plan Community, located in Surprise, Arizona. The project will feature...
Walmart Acquires Massive Glendale Warehouse for $152 Million
Glendale, Arizona, December 7, 2025 Walmart has made a significant investment by acquiring a nearly 1.28 million square-foot warehouse in Glendale, Arizona, for $152 million. This marks the second-largest industrial building...
Construction Trailblazers in Prescott Valley Raise Funds for Mental Health
Prescott Valley, Arizona, December 6, 2025 In Prescott Valley, Arizona, the Construction Trailblazers have raised over $3,000 to support mental health initiatives geared towards construction workers. This significant fundraising effort emphasizes...
Strive Pharmacy Expands with New Facility in Mesa, Arizona
Mesa, Arizona, December 5, 2025 Strive Pharmacy, a leader in patient-centered pharmaceutical compounding, has begun construction on a new 350,000-square-foot facility in Mesa, Arizona. This expansion will enhance Strive’s capabilities in...
Concerns Grow Over TSMC’s Expansion Plans in Phoenix
Phoenix, Arizona, December 4, 2025 A significant business leader in Phoenix has called for a stop to the expansion of Taiwan Semiconductor Manufacturing Company (TSMC) due to worries about water usage...
Real Estate & Properties
Phoenix to Host Forbes Under 30 Summit
Phoenix, December 12, 2025 Forbes has announced that Phoenix will be the official host city for the Under 30 Summit, starting in 2026. This multi-year event will highlight Phoenix’s growth as...
Scottsdale Office Property Sells for $10 Million
Scottsdale, December 12, 2025 A three-story office building in Scottsdale has been sold for $10 million, driven by increasing demand for smaller office spaces. The Hayden Corporate Center, which spans approximately...
Major Development Signals Transition for Mesa, Arizona
Mesa, Arizona, December 12, 2025 Mesa, Arizona is undergoing a significant transformation as homebuilders acquire land previously used as a dairy farm. Approximately 600 lots are being repurposed for residential development...
Support Local Businesses and Artists in Metro Phoenix
Metro Phoenix, December 12, 2025 Metro Phoenix residents are being encouraged to support local businesses and artists, which is crucial for strengthening the community’s economy and cultural vibrancy. By purchasing from...
Buc-ee’s to Open First Arizona Location in Goodyear
Goodyear, Arizona, December 12, 2025 Buc-ee’s has announced the rescheduled opening of its first Arizona location in Goodyear for June 2026. Spanning 74,000 square feet, the travel center will feature 120...
Phoenix Housing Market: Renting More Affordable Than Buying
Phoenix, December 11, 2025 A recent study shows that the cost of renting a home in the Phoenix metropolitan area is now more economical than purchasing one. Monthly mortgage payments have...
Maricopa County Approves New Zoning Ordinance for Housing Development
Phoenix, December 11, 2025 Maricopa County has approved a significant update to its zoning ordinance to accelerate housing development. The new regulations simplify the approval process, permit multiple accessory dwelling units,...
TAAAZE Continues Legal Battle Against Scottsdale Housing Development
Scottsdale, Arizona, December 11, 2025 The group Taxpayers Against Awful Apartment Zoning Exemptions (TAAAZE) is pursuing legal action against Axon’s approved 1,200-unit housing development in Scottsdale. Despite approval from the City...
LivAway Suites Begins Construction on Extended-Stay Hotel in Mesa
Mesa, Arizona, December 11, 2025 LivAway Suites has officially broken ground on its new extended-stay hotel in Mesa, Arizona, marking the company’s fifth location in the state. Set to open in...
Marketing
Local Marketing Expert Revitalizes Ahwatukee Meat Shop
Ahwatukee, December 12, 2025 In Ahwatukee, a local resident has taken charge of revitalizing a beloved meat shop through strategic marketing efforts. This initiative aims to enhance visibility and sales by...
Phoenix Businesses Embrace Philanthropy for Growth
Phoenix, Arizona, December 8, 2025 In Phoenix, Arizona, companies are recognizing the importance of integrating philanthropy into their business strategies. This approach not only benefits the community but also enhances brand...
Sprouts Farmers Market Breaks Tradition with ‘Pluribus’ Appearance
Phoenix AZ, December 5, 2025 Sprouts Farmers Market makes a strategic move by featuring in the Apple TV+ series ‘Pluribus,’ departing from its policy of avoiding product placements. This appearance aims...
Aker Ink Launches New Service to Boost AI Visibility for Businesses
Scottsdale, Arizona, December 5, 2025 Aker Ink PR & Marketing has unveiled an innovative service designed to enhance the visibility of companies across AI platforms. The service, known as AkerGEO™, utilizes...
How Structured Reflection Is Shaping Business Leadership
Phoenix, AZ, December 5, 2025 In today’s fast-paced business environment, top CEOs are adopting structured reflection practices to enhance decision-making and resilience. This trend emphasizes self-assessment, enabling leaders to evaluate company...
How Phoenix Small Businesses Are Thriving in the Digital Age
Phoenix, Arizona, December 2, 2025 In the evolving digital landscape, small businesses in Phoenix are finding success by leveraging technology and agility to compete with larger brands. These local entrepreneurs utilize...
Phoenix Business Faces Challenges After Meta Deactivates Instagram Account
Phoenix, Arizona, November 30, 2025 A med spa in Phoenix is struggling after Meta unexpectedly disabled its Instagram account, impacting its advertising and client engagement just before the holiday season. With...
Scottsdale Honors Local Businesses at the Sterling Awards
Scottsdale, November 24, 2025 The Scottsdale Area Chamber of Commerce recently celebrated local business excellence at the 39th Sterling Awards. Held at the Scottsdale Center for the Performing Arts, the event...
Harkey Media Expands Out-of-Home Advertising in Phoenix
News Summary Scott Harkey, an advertising executive in Phoenix, is aggressively acquiring billboard operations, aiming to establish Harkey Media as the largest independent player in the out-of-home advertising sector. With...