Arizona Exports Reach Record Level

by on February 13, 2020 0

Arizona ranked sixth in the nation for exports percent increase from 2018 to 2019, according to new data from the U.S. Census Bureau, growing to $24.7 billion, a record high for Arizona. Arizona exports increased 9.7 percent and ranked in the top 20 for exports by dollar value. “Increasing trade means more jobs and opportunities...

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Unemployment Rate Down To 3.5 Percent In January

by on February 12, 2020 0

Hiring jumped last month as U.S. employers added 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. Half a million people streamed into the job market, though not all of them found work. That influx meant that more people were counted as unemployed,...

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Two Arizona Men Accused of Running Massive Ponzi Scheme

by on February 10, 2020 0

Two Arizona men have been charged of running a massive cryptocurrency Ponzi scheme, according to documents filed in federal court. Their victims include a number of former Major League Baseball players. From a look at their social media, John Caruso and Zach Salter had it all: traveling to exotic locations, driving luxury cars, and...

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United Airlines Acquires Westwind School of Aeronautics

by on February 10, 2020 0

United Airlines says it has inked a deal to acquire Phoenix-based Westwind School of Aeronautics. Terms of the deal were not disclosed. Chicago-based United said it will become the only major U.S.-based airline to operate its own flight academy. Westwind is located in north Phoenix at Deer Valley Airport. Prior to the acquisition, the...

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Arizona Scientists Developing Coronavirus Test

by on February 6, 2020 0

Scientists in Arizona are working to develop a test for the coronavirus that could be used in hospitals and by doctors across the U.S. Right now, the Centers for Disease Control is the only one who can test patients for the coronavirus across the country. As of Tuesday, the CDC had done 260 total...

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Macy’s Announces Plan To Close 125 Stores

by on February 6, 2020 0

Macy’s announced Tuesday that it plans on closing 125 of its stores in lower tier malls and its corporate headquarters in downtown Cincinnati in the next three years. The company also plans on cutting about 2,000 corporate and support positions as it works to stabilize its profitability and position itself for growth. “We will...

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