business news

Mortenson Acquires Phoenix Land for Future Hockey Prospects

News Summary Mortenson has acquired 217 acres of land in north Phoenix for $136 million, previously intended for a hockey…

1 week ago

Arizona House Approves $500 Million for Chase Field Renovations

News Summary The Arizona House of Representatives has passed House Bill 2704, approving up to $500 million for renovations to…

1 week ago

Arizona to Host $1 Trillion AI Manufacturing Complex

News Summary Arizona is set to host Project Crystal Land, an ambitious $1 trillion industrial complex aimed at manufacturing AI…

1 week ago

SoftBank Announces $1 Trillion Project Crystal Land in Arizona

News Summary Masayoshi Son, founder of SoftBank, has unveiled plans for Project Crystal Land, a $1 trillion industrial complex in…

1 week ago

At Home Group Inc. Files for Chapter 11 Bankruptcy

News Summary At Home Group Inc., a leading home decor retailer, filed for Chapter 11 bankruptcy on June 16, 2025,…

1 week ago

Mortenson Co. Acquires 217 Acres in Northeast Phoenix

News Summary Mortenson Co., a Minnesota-based commercial developer, has successfully acquired a 217-acre parcel of vacant land in northeast Phoenix…

1 week ago

Arizona Senate Revives Bitcoin Reserve Bill

News Summary The Arizona Senate has narrowly voted to revive House Bill 2324, which aims to establish a Bitcoin reserve…

1 week ago

Northern Arizona Healthcare Begins Construction on Surgical Center

News Summary Northern Arizona Healthcare has commenced construction on a new ambulatory surgical center at the Summit Center in Flagstaff,…

1 week ago

Phoenix Housing Market Sees Significant Reset

News Summary The Phoenix housing market is shifting towards buyers as inventory levels rise and prices decrease. The median list…

1 week ago

Arizona Proposes Significant Rate Increase for Electric Bills

News Summary Arizona Public Service (APS) has proposed a 14% rate increase, which could add around $20 to the average…

1 week ago