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Carvana Replaces 9% Debt in Major $1.66B Financial Reset

Carvana, the e-commerce platform for buying and selling cars, announced the successful upsize and pricing of a Senior Secured Term Loan B Facility in an aggregate principal amount of $1.66 billion. The company intends to use proceeds from the Term Loan B, together with cash on hand, to redeem in full the Company's 9.00% Senior Secured Notes due 2030. Over the past … [More]

Scottsdale Development Leads $100M Push into Tokenized Real Estate Investing

Caliber, a real estate-focused alternative asset manager, today announced that it has gone live with its PURE Pickleball & Padel investment offering as the first real estate investment on its platform to be tokenized. The initiative creates a real-world, practical example of how blockchain-based ownership infrastructure can improve the private real estate investor … [More]

$1M Investment Launches Phoenix Children’s Pursuit of Prestigious Magnet Designation

Phoenix Children's is launching its Journey to Magnet, a multi-year enterprise initiative designed to advance nursing excellence, strengthen patient outcomes and further elevate the quality of care delivered to children and families across Arizona. To celebrate, PCH50 is making a $1 million investment to support the organization’s ongoing pursuit of Magnet designation … [More]

New Workforce Training Targets Burnout, Communication in Nursing

University of Phoenix has launched Nursing Communication and Resilience, a new professional development training pathway designed to help healthcare organizations strengthen communication skills, support workforce resilience and equip nursing teams with practical tools for navigating high-pressure care environments. "As healthcare organizations continue to support … [More]

Defense Manufacturer Secures $360M to Support Mesa Factory Growth

Hadrian, the advanced manufacturing company building highly automated factories for America, announced the closing of a $360 million revolving credit facility. This facility allows Hadrian to further invest in the advanced manufacturing infrastructure, machinery, and related hardware needed to achieve its production goals. The financing was arranged by a leading … [More]

Growing Phoenix Coffee Brand Picks Arcadia for 21st Valley Location

PRESS Coffee, the Phoenix-based specialty coffee roaster, will open its new Camelview location inside an Arcadia office building at 5090 40th St. The café will celebrate its grand opening Saturday and Sunday, Sept. 12-13, with complimentary treats, giveaways and other weekend festivities for guests. The new café will be PRESS Coffee’s 21st location across the Valley, … [More]

Landmark $22.9B Deal to Dramatically Increase Raytheon’s Tomahawk Production

Raytheon, an business, will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of an unprecedented $22.9 billion contract, awarded as part of the Department of War's Arsenal of Freedom. This contract follows the landmark agreements between Raytheon and the Department of War and supports … [More]

29-Hangar Aviation Development Gets Green Light in Chandler

The Chandler City Council has unanimously approved a ground lease with a new subsidiary of Vesper Aviation, CHD Curtis East LLC, to build 29 new executive hangars for sale or lease at Chandler Municipal Airport. Vesper Hangars, the new development, will span 113,000 square feet located on the airport's northern boundary, addressing growing regional demand for hangar … [More]

Landmark Phoenix Office Tower Set for Dramatic JW Marriott Transformation

LaPour Partners has unveiled plans for JW Marriott Phoenix, a 340-key luxury hotel planned within One Arizona Center in downtown Phoenix. The project will adapt the existing 19-story, 351,600-square-foot Class A office building into an urban resort. Constructed in 1989, One Arizona Center is located at 400 E. Van Buren St. within Arizona Center, a one … [More]

780K-SF Industrial Development Planned at North Phoenix Mega-Project

Mack Real Estate Group and McCourt Partners announced plans for the first phase of industrial buildings for lease within the approximately 2,400-acre Halo Vista master plan in North Phoenix, following the announcement by Taiwan Semiconductor Manufacturing Company of plans to increase its investment in Arizona to $265 billion. The Halo Vista development team aims to … [More]

Hiring Disconnect Grows as 44% of Companies Report Unfilled Jobs

The hiring process itself may be getting in the way of filling open jobs, as U.S. companies report more unfilled roles, longer timelines and positions closing without a hire while job seekers say automated systems are making it harder to feel heard, according to a newly released Express Employment Professionals-Harris Poll survey. The disconnect comes as 44% of U.S. … [More]

The Small Business Talent Crunch Is Making Hiring a Global Decision

Small businesses continue to struggle to find qualified workers. In June 2026, 84% of small business owners hiring or trying to hire reported receiving few or no qualified applicants, according to the National Federation of Independent Business. That pressure can make nearby international markets appear to be a quick geographic solution. But choosing a country before … [More]

Small Business Confidence Surges as Hiring Plans Reach Four-Year High

The NFIB Small Business Optimism Index rose 2.4 points in July to 99.8, rising above its 52-year average of 98.0. This marks the highest level since August 2025. Of the 10 Optimism Index components, eight increased, and two decreased. Hiring plans improved substantially and contributed most to the rise in the Index. Real sales expectations and reports of inventory … [More]

Data Centers in the Desert: W(h)ater You Worried About?

As data center development expands across the Phoenix region, questions about water use have moved quickly from engineering discussions to the center of public conversation. For an industry built on reliability and efficiency, the challenge is clear: How can digital infrastructure scale responsibly in one of the most water-conscious regions in the United States? Few … [More]

Artificial Intelligence Is Powerful – But It Cannot Replace a Lawyer’s Judgment

Artificial intelligence is rapidly transforming the practice of law. From drafting contracts to analyzing discovery, AI tools can complete in minutes what once took hours. For businesses under pressure to move quickly and control costs, the appeal is obvious. But as powerful as these tools are, they cannot replace one essential component of legal representation: … [More]

Photo courtesy of Carter Concepts Restaurant Group

Passport to Latin American Cuisine at The Mission Gilbert

Nestled in Epicenter at Agritopia, Chef Matt Carter’s acclaimed Latin-inspired restaurant transforms the midday meal into an experience rooted in bold flavor, warm hospitality and connection. What many don’t realize is that The Mission’s celebrated dinner energy carries seamlessly into lunch service, where guests can enjoy the restaurant’s signature sophistication … [More]

Heat-Blocking Technology for Arizona Vehicles and Buildings

As Arizona heads into another summer of triple-digit temperatures, protecting vehicles and homes and workplaces from extreme heat has become less about luxury and more about practicality. That’s according to Rogue Films, a Scottsdale-based company specializing in automotive protection and residential and commercial window tinting. Founder Matthew Stecker says many … [More]

2026 Porsche Taycan 4 Cross Turismo

The Porsche Taycan 4 Cross Turismo takes the Taycan formula and makes it more usable without stripping out what gives the car its appeal in the first place. It still has the immediate response and planted feel expected from a Porsche product, but the Cross Turismo body changes the assignment. More rear cargo room, added ride height, and standard all-wheel drive make … [More]