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economy

Oct 9, 2009

Symington bows out, backs Munger for governor

Fife Symington isn’t getting back into the gubernatorial arena. Instead, he said, the former governor is running vicariously through his friend John Munger. Symington on Oct. 8 announced that he... […]

Oct 7, 2009

Casa Grande HOA stripped of powers over accusations of theft and fraud

A Casa Grande homeowners association was placed in receivership, following allegations that board members drained funds for their own benefit - including what was described as the "theft" of more than $600,000.

Oct 7, 2009

Law makes it tougher for state agency to repair monuments that lack patrons

Unveiled in 1998, the Ernest W. McFarland Memorial uses photographs etched in metal to guide visitors through iconic moments in a life that included service as U.S. Senate majority leader, Arizona governor and state Supreme Court chief justice.

Oct 2, 2009

Maricopa County rejects most tax appeals

Within minutes of hearing discussions of residential private golf course memberships, hilltop views and the actual market value of luxury homes in north Scottsdale, a hearing officer with the Arizona State Board of Equalization reached a conclusion - the value of Dennis Grose's home had been overestimated by the office of Maricopa County Assessor Keith Russell by almost $250,000 dollars.

Oct 1, 2009

Supreme Court hears CityNorth case; $97.4M in incentives challenged

Having heard arguments over the legality of a multimillion dollar incentive package designed to lure the development of a large shopping mall in north Phoenix, the Arizona Supreme Court is poised to decide the extent of local governments' power to boost their economies and tax revenues.

Oct 1, 2009

State examining stimulus impact with an eye on jobs

State agencies are submitting their reports to the Governor's Office of Economic Recovery for the first comprehensive look at how Arizona has been impacted by the federal stimulus act. The Office of Economic Recovery, which oversees the state's use of money from the American Recovery and Reinvestment Act of 2009, will collect the data through Oct. 6 and plans to submit a report to federal offic[...]

Sep 30, 2009

Census data: Arizona second in police, corrections spending, 38th in education

Arizona outspent all but one state on police protection and corrections as a percentage of overall state and local expenditures while its education spending ranked 38th in U.S. Census Bureau data released Wednesday (Sept. 30).

Sep 30, 2009

Cronkite/Eight Poll: Most Arizonans happy with their insurance but want health care revamped

Most Arizonans think the U.S. health care system needs revamping even though the majority are satisfied with the health insurance they have, according to a Cronkite/Eight Poll released Tuesday (Sept. 29). Fifty percent of those surveyed said the health care system needs major changes and 31 percent said minor changes would do, while 12 percent said the system is fine as is.

Sep 28, 2009

Supporters: Law raising microbrewery production limit good for Arizona firms, jobs

Jim Scussel and his partners started Four Peaks Brewing Co. 13 years ago as a brewery and tasting room, rolling out kegs of Scottish Ale, Four Peaks Ale and Arizona Peach to restaurants and bars. Four Peaks later opened a restaurant at its brewery in Tempe and another in north Scottsdale. And consumers now can purchase Kilt Lifter and its other brews at grocery and convenience stores around the[...]

Sep 25, 2009

Efforts underway to make Pinal County an economic hub

Pinal County, roughly the size of Connecticut and ranging from Chandler to just north of Marana, has long seemed a vast, dusty, sparsely populated region of small, bedroom communities. However, the recent economic downturn combined with a new mentality and focus among local leaders is ready to change that reality and perception.

Sep 25, 2009

MBA grads — past and present — face a ‘challenging’ job market

Two hours after Tim Kieff was laid off, he called Jim Clayton. As career management director for the W.P. Carey School of Business MBA program, Clayton works to find jobs for new graduates. Clayton credits the program for placing 92 percent of the 2008 master of business administration class, within three months of graduation.

Sep 24, 2009

Wanted: new revenue

Lawmakers will be facing quite the conundrum in 2010 - how to raise more revenue for the cash-strapped state without raising taxes. The Republican-led Legislature stymied attempts by Gov. Jan Brewer to put a sales tax increase on the ballot, and outright rejected the idea of passing a tax increase itself.

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