SAN DIEGO—Jeffrey Spanier, a 48-year-old former owner of Amerifund Capital Finance, LLC located in Boca Raton, Florida, was convicted by a federal jury today for his role in an elaborate stock loan fraud scheme in which executives and shareholders of…

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…

Industry leader\'s installed capacity in Europe now exceeds 4GW MAINZ, Germany & TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (Nasdaq: FSLR) today announced that its advanced thin-film photovoltaic (PV) modules will power four solar energy plants in France, with a combined…

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…

CINCINNATI -- The Kroger Co. (NYSE: KR) announced the promotion of Mark Tuffin to senior vice president of retail divisions. He succeeds Michael Ellis, who will become Kroger\'s president and chief operating officer on January 1, 2014. Mr. Tuffin, 53,…

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…

Divestiture Will Preserve Broadcast Television Competition in St. Louis WASHINGTON — The Department of Justice will require Gannett Co. Inc., Belo Corp. and Sander Media LLC to divest their interests in KMOV–TV, a CBS affiliate in St. Louis, in order…

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…

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,…

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…

NORFOLK, VA—Edward J. Woodard, 70, of Norfolk, Virginia, was sentenced today to 23 years in prison, followed by five years of supervised release, for conspiracy to commit bank fraud, false entry in a bank record, unlawful participation in loans, false…

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…