Phoenix Business Journal
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The Phoenix Business Journal delivers local business news, breaking news alerts, newsletters, business intelligence and local business networking. An American City Business Journals publication.
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Lucid recently expanded its credit facility with Saudi Arabia's Public Investment Fund to $2 billion and is banking on new partnerships to reshape its financial model, but analysts remain concerned about the company's ongoing need for capital.
EV maker's shares hit record low
Lucid recently expanded its credit facility with Saudi Arabia's Public Investment Fund to $2 billion and is banking on new partnerships to reshape its financial model, but analysts remain concerned about the company's ongoing need for capital.
bit.ly
November 18, 2025 at 10:30 PM
Lucid recently expanded its credit facility with Saudi Arabia's Public Investment Fund to $2 billion and is banking on new partnerships to reshape its financial model, but analysts remain concerned about the company's ongoing need for capital.
The reality TV host who's currently managing $150 million in renovation projects in Seattle is bringing his home-flipping business to the Phoenix area, and he's planning to document his learning curve — including his mistakes — on camera.
'Zombie Flips' TV show targets Valley
The reality TV host who's currently managing $150 million in renovation projects in Seattle is bringing his home-flipping business to the Phoenix area, and he's planning to document his learning curve — including his mistakes — on camera.
bit.ly
November 18, 2025 at 10:15 PM
The reality TV host who's currently managing $150 million in renovation projects in Seattle is bringing his home-flipping business to the Phoenix area, and he's planning to document his learning curve — including his mistakes — on camera.
Longer trips to the office have become more common in many metros, and Phoenix is no exception.
Valley commute times follow US trend
Longer trips to the office have become more common in many metros, and Phoenix is no exception.
bit.ly
November 18, 2025 at 10:00 PM
Longer trips to the office have become more common in many metros, and Phoenix is no exception.
After years of troubling rumors and news, Turf Paradise has opened its 70th season.
New owners aim to revive racing venue
After years of troubling rumors and news, Turf Paradise has opened its 70th season.
bit.ly
November 18, 2025 at 9:15 PM
After years of troubling rumors and news, Turf Paradise has opened its 70th season.
Billions in small business funding hitting 'pivotal' moment in 2026.
Billions in small-business funding hitting 'pivotal' moment in 2026
Billions in small business funding hitting 'pivotal' moment in 2026.
bit.ly
November 18, 2025 at 7:45 PM
Billions in small business funding hitting 'pivotal' moment in 2026.
Matt Carter is betting that Gilbert diners are hungry for something beyond typical Sonoran Mexican food, and he's bringing new flavors to prove it.
Acclaimed chef expands beyond Scottsdale
Matt Carter is betting that Gilbert diners are hungry for something beyond typical Sonoran Mexican food, and he's bringing new flavors to prove it.
bit.ly
November 18, 2025 at 3:30 PM
Matt Carter is betting that Gilbert diners are hungry for something beyond typical Sonoran Mexican food, and he's bringing new flavors to prove it.
About 272 acres in a fast-growing area of the city are going up for auction, with a starting bid of $42,050,000.
Retail developer eyes West Valley state land
About 272 acres in a fast-growing area of the city are going up for auction, with a starting bid of $42,050,000.
bit.ly
November 18, 2025 at 3:15 PM
About 272 acres in a fast-growing area of the city are going up for auction, with a starting bid of $42,050,000.
AI glasses are coming to the workplace. So are risks.
AI glasses are coming to the workplace — along with some legal risks
AI glasses are coming to the workplace. So are risks.
bit.ly
November 18, 2025 at 6:30 AM
AI glasses are coming to the workplace. So are risks.
The government shutdown is over, but that doesn't mean business is back to normal. We identify the challenges and some potential workarounds as part of this week's coverage in The National Observer.
Government reopening doesn't mean things are back to normal
The government shutdown is over, but that doesn't mean business is back to normal. We identify the challenges and some potential workarounds as part of this week's coverage in The National Observer.
bit.ly
November 18, 2025 at 6:15 AM
The government shutdown is over, but that doesn't mean business is back to normal. We identify the challenges and some potential workarounds as part of this week's coverage in The National Observer.
The University of Arizona's naming rights deal for its football stadium in Tucson is even pricier than the $50 million deal inked by Arizona State in 2023 with a credit union.
U of A agrees to stadium naming rights deal
The University of Arizona's naming rights deal for its football stadium in Tucson is even pricier than the $50 million deal inked by Arizona State in 2023 with a credit union.
bit.ly
November 18, 2025 at 3:30 AM
The University of Arizona's naming rights deal for its football stadium in Tucson is even pricier than the $50 million deal inked by Arizona State in 2023 with a credit union.
Brookfield Asset Management has acquired the Sheraton Phoenix Downtown from Blackstone Group, marking a significant transaction in a Phoenix hospitality market that has seen limited activity over the past year.
Arizona's largest hotel sells
Brookfield Asset Management has acquired the Sheraton Phoenix Downtown from Blackstone Group, marking a significant transaction in a Phoenix hospitality market that has seen limited activity over the past year.
bit.ly
November 18, 2025 at 1:15 AM
Brookfield Asset Management has acquired the Sheraton Phoenix Downtown from Blackstone Group, marking a significant transaction in a Phoenix hospitality market that has seen limited activity over the past year.
A "cutting-edge" development sells for $26.8 million in Gilbert.
Gilbert industrial building sells for $26.8 million
A "cutting-edge" development sells for $26.8 million in Gilbert.
bit.ly
November 17, 2025 at 11:15 PM
A "cutting-edge" development sells for $26.8 million in Gilbert.
The New Jersey-based company is investing millions to upgrade its Arizona fab with high-speed testing equipment while mapping out a three-year development plan for a larger facility.
Chip manufacturer eyes major expansion
The New Jersey-based company is investing millions to upgrade its Arizona fab with high-speed testing equipment while mapping out a three-year development plan for a larger facility.
bit.ly
November 17, 2025 at 10:15 PM
The New Jersey-based company is investing millions to upgrade its Arizona fab with high-speed testing equipment while mapping out a three-year development plan for a larger facility.
Castelion is building a rocket manufacturing facility in New Mexico. It's unclear what that means for its Arizona proposal.
Castelion announces site for rocket factory
Castelion is building a rocket manufacturing facility in New Mexico. It's unclear what that means for its Arizona proposal.
bit.ly
November 17, 2025 at 10:00 PM
Castelion is building a rocket manufacturing facility in New Mexico. It's unclear what that means for its Arizona proposal.
More homes will hit the market in 2026. But don't expect prices to drop.
More homes will hit the market in 2026. Here's the pricing outlook.
More homes will hit the market in 2026. But don't expect prices to drop.
bit.ly
November 17, 2025 at 6:45 PM
More homes will hit the market in 2026. But don't expect prices to drop.
Most small businesses are underinsured. That can pose big risks.
Another high-stakes insurance crisis is looming for businesses
Most small businesses are underinsured. That can pose big risks.
bit.ly
November 17, 2025 at 3:45 PM
Most small businesses are underinsured. That can pose big risks.
Sky Harbor faced a significant number of cancellations while the restrictions were in place.
FAA to end flight restrictions at major airports
Sky Harbor faced a significant number of cancellations while the restrictions were in place.
bit.ly
November 17, 2025 at 3:30 PM
Sky Harbor faced a significant number of cancellations while the restrictions were in place.
Arizona was in the top half of states with the highest credit card debt for the 2024 holiday season, ranking No. 20.
Arizonans rack up holiday debt
Arizona was in the top half of states with the highest credit card debt for the 2024 holiday season, ranking No. 20.
bit.ly
November 17, 2025 at 1:45 PM
Arizona was in the top half of states with the highest credit card debt for the 2024 holiday season, ranking No. 20.
This AI-powered platform helps C-suites execute using data-driven insights.
Valley AI firm all about saving execs time
This AI-powered platform helps C-suites execute using data-driven insights.
bit.ly
November 17, 2025 at 1:15 PM
This AI-powered platform helps C-suites execute using data-driven insights.
Arizona leads the entire nation in one tax category while ranking near the bottom in another.
Arizona climbs in tax ranking
Arizona leads the entire nation in one tax category while ranking near the bottom in another.
bit.ly
November 17, 2025 at 12:30 PM
Arizona leads the entire nation in one tax category while ranking near the bottom in another.
Successful founders are turning to unconventional funding sources and bringing in seasoned professionals who can accelerate growth, while cutting back on the perks and amenities that defined startup culture in easier times.
My View: Time for startup founders to step up or get out of the way
Successful founders are turning to unconventional funding sources and bringing in seasoned professionals who can accelerate growth, while cutting back on the perks and amenities that defined startup culture in easier times.
bit.ly
November 17, 2025 at 12:15 PM
Successful founders are turning to unconventional funding sources and bringing in seasoned professionals who can accelerate growth, while cutting back on the perks and amenities that defined startup culture in easier times.
A Gilbert couple who transformed their $20 million estate into a private resort with go-karts, a wellness spa and dance studio are now working with their third set of listing agents in hopes of finding a buyer as they prepare to downsize.
Loaded $20M estate switches listing agents
A Gilbert couple who transformed their $20 million estate into a private resort with go-karts, a wellness spa and dance studio are now working with their third set of listing agents in hopes of finding a buyer as they prepare to downsize.
bit.ly
November 16, 2025 at 2:15 PM
A Gilbert couple who transformed their $20 million estate into a private resort with go-karts, a wellness spa and dance studio are now working with their third set of listing agents in hopes of finding a buyer as they prepare to downsize.
For more than a decade after the Great Recession, job postings and hires moved in tandem, with only modest gaps between them. That changed in 2021.
Why millions of job postings never result in a hire
For more than a decade after the Great Recession, job postings and hires moved in tandem, with only modest gaps between them. That changed in 2021.
bit.ly
November 14, 2025 at 11:15 PM
For more than a decade after the Great Recession, job postings and hires moved in tandem, with only modest gaps between them. That changed in 2021.
Axio Education's founder stepped down as CEO last fall to lead a California university, and now the AI education technology company has brought in an executive with experience scaling education platforms to take the reins.
AI education firm names new CEO
Axio Education's founder stepped down as CEO last fall to lead a California university, and now the AI education technology company has brought in an executive with experience scaling education platforms to take the reins.
bit.ly
November 14, 2025 at 10:15 PM
Axio Education's founder stepped down as CEO last fall to lead a California university, and now the AI education technology company has brought in an executive with experience scaling education platforms to take the reins.
The Apache helicopter celebration brought together hundreds of current and former Boeing employees who have helped produce nearly 3,000 of these aircraft over five decades.
Arizona honors legendary military product
The Apache helicopter celebration brought together hundreds of current and former Boeing employees who have helped produce nearly 3,000 of these aircraft over five decades.
bit.ly
November 14, 2025 at 9:45 PM
The Apache helicopter celebration brought together hundreds of current and former Boeing employees who have helped produce nearly 3,000 of these aircraft over five decades.