Business and Financial

Dec 23, 2013

The city’s Finance Department has launched Phoenix Open Checkbook, a web application to provide residents with information about city spending in an online website. The searchable format, available at phoenix.gov/finance and updated monthly, allows city purchases to be reviewed by…

Dec 20, 2013

Phoenix city leaders this afternoon learned that Standard and Poor’s has adjusted the city’s bond rating, from AAA to AA+ with a stable outlook. With the adjustment, Phoenix’s bond rating remains the highest of the six largest U.S. cities. According…

Dec 17, 2013

Sanctions Others for Securities Violations PHOENIX, AZ—The Arizona Corporation Commission has penalized a former Scottsdale man for defrauding investors in connection with a multimillion-dollar hedge fund. In two other cases, the Commission sanctioned a Phoenix stockbroker for his dishonest and…

Dec 17, 2013

Customers now receiving geothermal energy from Utah Salt River Project is now receiving renewable energy from the recently completed Cove Fort Geothermal Project in Beaver County, Utah. In 2012, SRP signed a 20-year agreement with Massachusetts-based Enel Cove Fort, LLC…

Dec 11, 2013

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) has released its final rule which defines a ‘Qualified Mortgage (QM)’ that is insured, guaranteed or administered by HUD. The final rule will be effective on January 10, 2014…

Dec 4, 2013

Tucson, AZ – Tucson based ASARCO LLC (ASARCO) President and COO Manuel Ramos announced today the dedication of the expansion project for the South Mill of the Mission Mine which has added 9,000 tons more per day of additional crushing…