Business News

Eco-friendly golf balls a hit on the green

Fri, 30 Jul 2010 00:00:00 MST Georgann Yara

In 2009, William Carey and his business partners started Dixon and launched a lineup of green golf balls made without the metals that most other golf balls have.


Arizona sues Guardian Group over foreclosure-help scams

Fri, 30 Jul 2010 00:00:00 MST Catherine Reagor

Scottsdale-based Guardian Group is being sued by the Arizona attorney general and accused of deceiving more than 2,500 homeowners who paid the firm to modify their mortgages and reduce their payments.


Sales in natural-food unit help boost Inventure

Fri, 30 Jul 2010 00:00:00 MST Max Jarman

A 57 percent increase in sales at its Boulder Canyon Natural Foods division led to a 4.5 percent increase in revenue and a 33 percent increase in quarterly net income reported Tuesday by Phoenix snack-food-maker Inventure Foods Inc.


US Airways execs sell $2.4 million in shares

Fri, 30 Jul 2010 00:00:00 MST Dawn Gilbertson

US Airways Chief Operating Officer Robert Isom and three other executives sold a combined $2.4 million in company stock this week.


Profit up 13% for Republic Services Inc.; outlook bright

Fri, 30 Jul 2010 00:00:00 MST Betty Beard

Buoyed by another quarter of profits, Republic Services Inc., the nation's second-largest garbage collection and recycling company, on Thursday raised its earnings estimates for the year and increased its quarterly dividend.


First Solar sees 1st profit slip since '06

Fri, 30 Jul 2010 00:00:00 MST Ryan Randazzo

Following a manufacturing problem with its solar panels, profit fell 12 percent last quarter for Tempe-based First Solar Inc., the first year-over-year earnings decline since the company went public in 2006.


APS Qualified Solar Panel Installers

Thu, 29 Jul 2010 15:41:35 MST Ryan Randazzo

These contractors are eligible to offer APS Solar & Renewable Rebates. They are licensed, bonded and insured and have service technicians trained in the Quality Install practices. They are committed to a rigorous continuing education program for their service technicians.


APS releases list of qualified solar installers

Thu, 29 Jul 2010 15:36:45 MST Ryan Randazzo

With more than 300 contractors working in the state to take advantage of generous incentives for solar power, Arizona Public Service Co. is making it easier for homeowners to find a reputable installer.


Citigroup paying $75M to settle civil charges

Thu, 29 Jul 2010 11:53:56 MST MARCY GORDON

Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.


Porn industry sees potential in new iPhone

Thu, 29 Jul 2010 08:57:50 MST Joel Schectman

NEW YORK - It's a maxim of technology: Invent the newest gadget and the porn industry will find a way to cash in.


Motorola soars on Droid demand

Thu, 29 Jul 2010 08:12:00 MST Joel Schectman

July 29 -- Motorola Inc., the U.S. mobile-phone maker, reported second-quarter earnings that beat analysts estimates, helped by demand for its new line of smart-phones.


McClatchy 2Q earnings drop

Thu, 29 Jul 2010 07:43:46 MST Joel Schectman

SACRAMENTO, Calif. - Newspaper publisher McClatchy Co. said Thursday its second-quarter net income dropped sharply from last year's results that were boosted by a gain from debt restructuring.


Mortgage rates of 4.54% lowest since 1971

Thu, 29 Jul 2010 07:16:54 MST Joel Schectman

Last time rates were lower was the 1950's.


Stocks stale on earnings jobless claims

Thu, 29 Jul 2010 06:54:42 MST Joel Schectman

In early morning, Dow is up 50.26 at 10,548.14.


Jobless claims in U.S. declined by 11,000

Thu, 29 Jul 2010 06:35:23 MST Joel Schectman

July 29 -- The number of Americans filing first-time claims for unemployment insurance fell to 457,000 last week, a figure that signals the labor market will be slow to improve even as the economy grows.


Employees shave heads to support operations manager

Thu, 29 Jul 2010 00:00:00 MST Austen Sherman

About three months ago, Denise Taylor had surgery to remove a 7-pound ovarian cyst. She was initially told that it was benign, until it was sent to the Mayo Clinic in Rochester, Minn., for a biopsy.


New rule to tighten tax reporting

Thu, 29 Jul 2010 00:00:00 MST Russ Wiles

New tax-reporting rules could impose burdens on precious-metals dealers and their customers.


$3.2 million runs out for second round of rebates

Thu, 29 Jul 2010 00:00:00 MST Betty Beard

The Arizona Department of Commerce is out of money for appliance rebates after a second round of $3.2 million in financing was snatched up in just a little more than three weeks.


Eateries' profit up 10.1% as sales rose

Thu, 29 Jul 2010 00:00:00 MST Max Jarman

Same-store sales at P.F. Chang's China Bistro Inc.'s dinner houses broke into the black in the second quarter, ending a string of declines dating to 2008.