Business Desk

Arizona may have a booming medical marijuana industry. But a recent court ruling could jeopardize one of the fastest growing products — cannabis oil. The case is expected to reach the state's highest court. And it's revealing how the industry is still struggling to find legitimacy, even as more people than ever use marijuana.
Part 1: Concern And Confusion
United Blood Services Part Of Vitalant Name Change
Blood Systems announced Monday that its 10 blood center brands, including the United Blood Services, will unite under a new name: Vitalant. The change may mean more services for Arizona residents.
16 minutes ago
Hopis Asking Feds To Explore Other Options For Power Plant
Hopi tribal officials are calling on the federal government to explore other options for the Navajo Generating Station near Page.
1 hour ago
Talking Stick Resort Launches Soft Open
Talking Stick Resort re-opened Monday after a monsoon in mid-August caused severe flooding, forcing the resort to shut down. Spokesman Ramone Martinez said the decision was made to stay closed longer than was originally required to upgrade the property and make cosmetic improvements.
Feds Give Green Light To Natural Gas Exports To Sonora
A Texas-based partnership has gotten the green light from federal authorities to export natural gas to a planned liquefaction facility in Sonora, Mexico.
Report: More Conversations Needed About Light Rail Expansion
On Wednesday, the Phoenix City Council will hold a meeting on the South Central light rail extension — and council members are expected to vote on whether to keep the current two-lane design or to switch to a four-lane concept as some business owners along Central Avenue have demanded.
Top CEOs Making More Money Than Ever
The CEOs of the 350 biggest companies in the country are making more money now than in the past, and in some cases, a lot more. That’s according to an analysis by the Economic Policy Institute.
Intel Promises To Restore 100% Of Water Use. What Does That Mean?
Water is a rising concern for many companies. Intel, which has about 10,000 employees in Arizona, announced a water restoration goal last year: to restore 100 percent of its direct global water use by 2025. The company said it already restores about 80 percent, and it’s funding projects to make up for that final 20 percent.
Arizona Tourists Not Swayed By Summer Swelter
Record heat this summer did not scare away visitors to the state. In fact, summer tourism hit a 10-year high. Between the three summer months of July and September, an estimated 10 million people visited Arizona. That’s almost a quarter of all visitors in 2017.
Phoenix Home Prices Level Out In August
The national housing market broke records in August with increasing home prices, but in Phoenix, home prices are leveling out, and that’s not necessarily a bad thing. Year over year, Phoenix home prices are still rising, by 7.4 percent. But month over month, prices showed very little change from July to August.
2 Companies Pledge 2,000 New Jobs In Metro Phoenix
India-based Infosys says it will hire 1,000 Arizona workers over the next five years. Valor Global Services says it is working to open a fifth location and plans to hire more than 1,000 Arizonans over the next year.
Valley Metro Asks Council To Approve 2-Lane Light Rail Extension
Despite some opposition to extending light rail into south Phoenix, Valley Metro wants to stay the course. At a special meeting scheduled for Wednesday, the council will be asked to approve the two-lane design, which will reduce Central Avenue to one lane for vehicles in each direction.
Q&AZ: How Much Money Is Allocated For Public Mental Health Services?
Ninety-one percent of the $2,344,672,606 spent by the The Arizona Health Care Cost Containment system in fiscal year 2017 went to programs connected to Medicaid and KidsCare, the state’s health insurance program for low-income children.
Pumpkin Spice Means Fall — Even When It
Saturday is officially the first day of fall and, for some people, that means one thing: pumpkins! But if you don’t like corn mazes or apple picking, you still have pumpkin spice and the pumpkin spice latte.
Navajo Generating Station Continues To Face Uncertain Future
The largest coal power plant in the Western U.S., the Navajo Generating Station, plans to shut down in 2019, that is, unless another buyer can be found.
AZ Corporate Commission Candidates Debate Before Election
The four candidates vying to be Arizona’s newest utility regulators sparred on Thursday. The Arizona Corporation Commission has two seats up for grabs, and the outcome of the November election could significantly shift the power dynamic.
Cochise County To Hold Town Hall On Sewage Concerns
Health officials in Cochise County have called a town hall meeting for Friday night to address health concerns from a massive, ongoing sewage spill from Mexico.
Travel Center Part Of  Navajo I-40 Area Plan
This is part of a larger push to bring housing, entertainment, a shopping center and other businesses to the region.
Companies Back Out Of NGS Purchase
Two companies that had planned to take over the west’s largest coal-fired power plant have ended their efforts to acquire it.
Phoenix Entrepreneurs Visit Mexico City To Learn, Expand
A group of entrepreneurs from Arizona visited Mexico City this week. And the goal of this business trip was to get a better understanding of another culture, while building partnerships.
Arizona Construction Jobs On The Rise
The Arizona construction industry has added 900 jobs in the past month and over 15,000 in the past year, according to figures released Thursday by the Office of Economic Opportunity.