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Foreclosure moratorium opens door to lawsuits, scams
A moratorium on foreclosures by major mortgage lenders may give embattled Arizona homeowners a sliver of hope that their homes can be saved, while the questions it raises could lead to a rush of lawsuits and scams.
Governor’s Office unsure about $18M small business lending initiative
Arizona may be eligible to receive an $18.2 million federal grant to provide credit to small businesses, but the Governor’s Office has yet to determine whether Arizona will seek the grant and some business representatives have cautioned that the money would have little effect.
Rick Fowlkes: Deregulation, smaller commission on tap
Although utility deregulation was a colossal failure in California, Libertarian Rick Fowlkes says turning the energy industry over to the free market in Arizona will be his top priority if he is elected to the Corporation Commission this November.
Gary Pierce: Commission should be planning 50 years ahead
Even though Arizona’s population has remained stagnant since the onset of the economic recession, Gary Pierce says members of the Arizona Corporation Commission should be planning as far as half a century into the future to be ready for the growth that will happen.
Brenda Burns: Commission should work better with Legislature on solar
In seeking a seat on the Arizona Corporation Commission over Democratic rivals, Scottsdale Republican Brenda Burns is touting her private-sector experience, going back 30 years when she and her former husband ran an optometry business.
BofA halts foreclosures in 50 states
A mushrooming crisis over potential flaws in foreclosure documents is threatening to throw the real estate industry into chaos, as Bank of America on Friday became the first bank to stop taking back tens of thousands of foreclosed homes in all 50 states.
Clifton Mineral Hot Springs
Clifton is situated in a deep canyon formed by the San Francisco River. The town is synonymous in Arizona vocabulary with its twin neighbor Morenci and the rich copper deposits responsible for the existence of both.
Arizona firm banks on farm troughs for commercializing algae
Arizona, with its sunny, warm climate has been hailed as the ideal region for algae biomass production. Proponents hope that algae, which can contain up to 60 percent oil, can some day squeeze out a petroleum substitute that could be produced at a price low enough to compete with natural gas.
Many in Superior see town’s future in copper mining proposal
Mining drove this town’s economy when Lynn Heglie decided to open a restaurant here in the early 1990s.
Valley bus ridership down amid weak economy, service reductions
The Phoenix area is facing the biggest drop in bus ridership in a decade due to service cutbacks, increased ridership on alternatives such as light rail and a lack of money for marketing services to attract new customers, according to public transportation officials across the Valley.
Director: high hopes for streamlined Commerce Authority
A state agency that in the minds of some elected and private sector officials was a comfortable place for political appointees to perform is on the way out.
AZ Chamber pushes for overhaul of state-retirement system
Despite a fairly positive report on the stability of the Arizona State Retirement System (ASRS) earlier this year, a major business group with no direct involvement in the fund is expressing serious concern.
The Arizona Chamber of Commerce and Industry, none of whose member firms has employees enrolled in a public pension plan, is calling for a major overhaul of ASRS to radically change h[...]
