Money

Court: Former Arizona broadcaster owes millions in taxes on sale

WASHINGTON - A federal appeals court ruled that the former owners of an Arizona broadcasting company owe $15 million in taxes on the 2001 sale of their business, saying part of the sale had "no legitimate economic purpose ... other than to avoid paying the taxes."

Cactus League economic impact makes double-figure jump

SCOTTSDALE -- Equipped with an IPad or IPhone, Saager Buch made his way to groups sitting on the lawns of Cactus League ballparks. Disinterested in the games at hand, the junior research economist at the L. William Seidman Research Institute at Arizona State’s W. P. Carey School of Business approached the masses with a survey.

Mesa firm gets front-row seat at White House ‘Made in America’ showcase

WASHINGTON - Andrew Medway wasn't sure how his Mesa business, Lanternland Lighting, was picked to represent Arizona at the White House's "Made in America Showcase," but he was still excited to be there Monday among companies that made everything from spacecraft to MoonPies.