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.
IT company expands to Phoenix, adds to Arizona’s booming tech sector
Milestone Technologies Inc., a managed service provider is expanding to Arizona and will bring 100 jobs in the next nine months.
Yuma lettuce growers work to rebuild consumer trust after E. coli outbreak in March
An E. coli outbreak sickened people in 35 states was linked to Yuma, where 90 percent of leafy greens in the U.S. are grown.
Trump plan to boost coal eyed cautiously by Navajo power plant backers
WASHINGTON - A White House plan to prop up failing coal and nuclear power plants by making utilities buy some energy from them has drawn criticism across the political spectrum, but supporters of the Navajo Generating Station, slated to close next year, are looking closely at the plan.
Native American coal miners seek 90-day pause in shutdown of Navajo Generating Station
Three hundred Navajo Generating Station supporters attend a rally in hopes to obtain a 90-day pause from the Central Arizona Project to keep the plant open.
Solar flare: Dynamic Ayton could be answer to Suns’ struggling franchise
Deandre Ayton’s presence in Talking Stick Resort Arena illustrated more than just the opportunity to draft a basketball player. It revealed an opportunity to change the fortunes of a franchise.
Arizona unemployment remains at 4.9%; national level at 18-year low
Arizona’s unemployment rate is at 4.9 percent while the national average is at an 18-year low.
New steel, aluminum tariffs worry Arizona firms, raise trade war fears
WASHINGTON - The Trump administration said it will let tariffs on steel and aluminum imports take effect Friday, a move that critics warned could spark a "tit-for-tat trade war" with Mexico, Canada and the European Union.
Control tower demolition latest step in renovation of ISM Raceway
The 130-foot-high Race Control Tower at ISM Raceway will be demolished, paving the way for a brand-new tower structure as part of the $178 million ISM Raceway Project.
Scottsdale bike-sharing companies see rapid growth, but ditched bikes cause concerns
Bike-share programs are seeing rapid growth in the East Valley, but they must deal with the ways consumers misuse their services.
