business

Gov. Doug Ducey is hailing economic and educational cooperation with Taiwan, marked by a $12 billion investment in his state by Taiwan Semiconductor Manufacturing Corp.

A summit this week will explore ways to make the tourism economy of Grand Canyon National Park more inclusive to Indigenous peoples. The Grand Canyon is the ancestral home of at least 11 tribal nations. KNAU’s Melissa Sevigny spoke with Jack Pongyesva, program manager of the Intertribal Centennial Conversations group, which organized the first-of-its-kind event.

The Arizona-based car retailer Carvana reports it will layoff about 12% of its work force. . Carvana says about 2,500 jobs will be cut to “better align staffing and expense levels with sales volumes.”

Nestle USA says it will build a $675 million plant in Arizona to produce plant-based beverages including oat milk coffee creamers. Company officials expect to employ at least 350 people at the Glendale facility.

A new lending program by an Indigenous-led organization on the Navajo Nation aims to help Native American entrepreneurs access business financing. Change Labs’ Kinship Lending program was developed in response to the pandemic when business owners on the Navajo Nation were facing closures and lockdowns.

The Bashas’ supermarket chain has announced it’ll be sold to a California grocer. The Arizona-based family owned Bashas’ operates more than 100 stores…

The Arizona Senate voted Tuesday to give businesses, nursing homes and others a broad shield from lawsuits related to COVID-19, joining the House in…

It’s been one year since Arizona restaurants and gyms shut their doors due to state-mandated closures at the start of the coronavirus pandemic. KNAU’s…

Arizona reported 705 additional COVID-19 cases and 24 more deaths as health officials said Thursday all 15 counties have cleared state benchmarks for…

A judge has ruled Gov. Doug Ducey’s closure of gyms across Arizona in response to the pandemic violates the due process rights of health clubs. Judge…