News published on Business Daily in March 2016

News from March 2016


Raytheon Company, a technology and innovation leader in defense and cybersecurity, said it was recently awarded a $573 modification of its previous contract with the U.S. Air Force to build advanced medium range air-to-air missiles (AMRAAM) in Tucson.

What is a “pharmacy benefit manager” and how does it save money for Arizonans on their prescription drugs?

In a recent announcement, Zoned Properties Inc., a strategic real estate development firm, signed a letter of intent stating that the company will lease about 25,000 square feet, with an optional additional 15,000 square feet, to Catalina Partners III LLC in Tempe, Arizona, for its Medical Marijuana Business Park.

The opportunity for public input recently begun, as Arizonans comment on the Arizona Department of Transportation's project proposals for the upcoming five years.

U.S. Sens. Jeff Flake and John McCain, both Arizona Republicans, recently proposed legislation in response to the Federal Aviation Administration's failure to modify flight patterns to accommodate the communities and airports affected by flights in and out of Phoenix Sky Harbor Airport.

Trevor Wilde, managing director of Arizona's Wilde Wealth Management Group, recently was named one of Barron's Top 1,200 Financial Advisors, an award he has garnered for the eighth time in a row.

The Arizona Department of Environmental Quality (ADEQ) recently appointed ADEQ Ombudsman and Tribal Liaison Ian Bingham to communications director.

American Housing Income Trust Inc. (AHIT), a Maryland corporation that owns and operates single-family rental properties, recently signed a contract to acquire 50 homes in the Phoenix area as part of its plan to scale its activity nationwide.

U.S. Rep. Paul Gosar (R-AZ) recently criticized the Environmental Protection Agency after a report from the Center for Regulatory Solutions (CRS), a project of the Small Business Entrepreneurship Council (SBE Council), detailed the economic impact of the EPA’s new lower federal ozone standard.

The Arizona Department of Transportation (ADOT) is scheduling a series of hearings seeking public comment about projects that have been proposed by the department in the next five years.

Arizona Public Service Co. (APS) is promoting Maria Lacal, an employee of APS since 2007, to be the new senior vice president of regulatory and oversight at the Palo Verde Nuclear Generating Station.

Arizona Public Services (APS) in trying to address the needs its customers announced an all-source request for proposals to supply energy during peak periods.

Over the past 25-plus years, Arizona Corporation Commissioner Bob Burns has received many accolades for his dedication and public service to the people of Arizona. Some observers, however, now say Burns should refrain from any votes related to water or energy because of his wife’s position on the board of directors for the Central Arizona Project (CAP).

Tucson Electric Power (TEP) recently released a resource plan in which it pledges to work hard to meet customer energy needs through a number of advancements.

U.S. Rep. Kyrsten Sinema (D-AZ) said the House Financial Service Committee has recently approved her two bills aimed at seeking a bipartisan solution to the bureaucracy that is hindering citizens from securing jobs and starting businesses.

U.S. Rep. Paul Gosar (R-AZ) recently said a proposed plan to designate land in Pinal County as a historic place would result in the inability to use the site, known as Oak Flat, for copper mining and damage the state's economy.

The Arizona Department of Transportation said charities in the state benefit greatly from drivers who purchase specialty license plates.

The Arizona Corporation Commission (ACC) said it will be holding three meetings to gather public input regarding its UNS Electric rate case.

Joint Corp., a Scottsdale-based company that owns more than 320 chiropractic clinics in the U.S., recently said that Richard Kerley has been appointed lead director.

U.S. Rep. Paul Gosar (R-AZ) questioned the Bureau of Land Management's (BLM) federal land acquisitions and its request for funding to buy more land following a recent House Natural Resources Subcommittee hearing.