Business and Financial

Dec 20, 2013

Phoenix city leaders this afternoon learned that Standard and Poor’s has adjusted the city’s bond rating, from AAA to AA+ with a stable outlook. With the adjustment, Phoenix’s bond rating remains the highest of the six largest U.S. cities. According…

Dec 17, 2013

Sanctions Others for Securities Violations PHOENIX, AZ—The Arizona Corporation Commission has penalized a former Scottsdale man for defrauding investors in connection with a multimillion-dollar hedge fund. In two other cases, the Commission sanctioned a Phoenix stockbroker for his dishonest and…

Dec 17, 2013

Customers now receiving geothermal energy from Utah Salt River Project is now receiving renewable energy from the recently completed Cove Fort Geothermal Project in Beaver County, Utah. In 2012, SRP signed a 20-year agreement with Massachusetts-based Enel Cove Fort, LLC…

Dec 11, 2013

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) has released its final rule which defines a ‘Qualified Mortgage (QM)’ that is insured, guaranteed or administered by HUD. The final rule will be effective on January 10, 2014…

Dec 4, 2013

Fast-growing, Inc. 5000 tech company brings 70+ jobs to Scottsdale PHOENIX – ZIVELO, a kiosk and digital signage manufacturing company based in Marion, Ind., is expanding its company profile by moving its corporate headquarters to Scottsdale, Ariz. The five-year-old company,…

Dec 4, 2013

Tucson, AZ – Tucson based ASARCO LLC (ASARCO) President and COO Manuel Ramos announced today the dedication of the expansion project for the South Mill of the Mission Mine which has added 9,000 tons more per day of additional crushing…

Nov 5, 2013

Silicon Valley-based Gigya, the Connected Consumer Management Suite, has selected Arizona as the site of its corporate expansion after a multi-state competitive process. The company credits Arizona for its competitive business costs, strong portfolio of successful technology companies and highly…