State Arizona Financial News

The Biden administration has pledged to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the...

Stocks that traded heavily or had substantial price changes on Monday: Taiwan Semi, Spirit Airlines rise; Paramount Global, Occidental Petroleum fall

Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said. The subsidy, which will be unveiled by Commerce Department Secretary Gina Raimondo, will go towards construction of four facilities in Taylor, including one $17 billion chipmaking plant that Samsung announced in 2021, another factory, an advanced packaging facility and a research and development center, one of the sources said.

California-based 99 Cents Only Stores says it will close all 371 of its outlets effective Friday

As the presidential election draws nearer, the spread of bogus information online is getting a huge boost from social media accounts that have been created anonymously

From the start, WrestleMania was born to be different

The average price paid for a ticket on the resale market this week was twice as high for the NCAA women’s Final Four compared with that for the men’s semifinals

A $62 million project to dredge Puerto Rico’s biggest and most important seaport has started amid fierce opposition from environmentalists and a pending lawsuit

Raymond James is starting April off on a strong note as it lands a billion-dollar powerhouse on the West Coast.

The bulk of Earth’s water, about 97%, is in salty oceans and thus useless for drinking or growing food. Of the 3% that is fresh, most is locked in ice sheets and glaciers, many of which are melting rapidly into the oceans thanks to climate change. A relative few drops of fresh water are available in ponds, lakes and rivers, which are easily accessible but also vulnerable to pollution, overuse and drought. Humanity’s biggest source of fresh water — representing just 0.8% of Earth’s total water — is in underground aquifers. Decades of drought, pollution and overuse are shrinking even that precious supply, and rising sea levels threaten to spoil even more of it with saltwater incursions. A recent survey of groundwater levels at hundreds of wells worldwide found that 71% have fallen since the start of the 21st century. Groundwater loss worsened at more than half of the studied wells during that time.

Hotels are putting lots of thought and money into helping travelers do the simple thing they most want: get a plate of hot pad thai or chicken parm to eat in their rooms. Call it do-it-yourself room service. Food delivery, a pandemic necessity when other food options were limited, has become one of those travel habits that didn’t fade.

Among the areas identified for heightened caution are populous cities like Dallas, Oklahoma City, and Wichita, Kansas. This classification serves as a stark reminder of the unpredictable nature of severe weather patterns, prompting residents and authorities alike to remain vigilant and prepared for potential hazards.

The Biden administration has announced up to $475 million in federal funding for clean energy projects on current or former mine land sites

Stocks that traded heavily or had substantial price changes on Wednesday: Chipotle, General Mills rise; Signet Jewelers, Nasdaq fall

By Alexandra Alper and David Shepardson

Debi Lucas had a tremor in her arm. Her feet froze when she tried to walk and she fell into her coffee table, busting her lip. She went to a neurologist who thought she had Parkinson’s disease.

Arizona launched a program to expand access to legal services for people who can’t afford or find lawyers. Three years later, the program is catching Wall Street’s eye. In most states, the owners of law firms need to be attorneys.

The Biden administration, in a push to enhance semiconductor production in the United States, has provisionally agreed to grant Intel (NASDAQ:INTC) up to $8.5 billion in funding through the CHIPS Act.

The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon

By Stephen Nellis

White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US chip-making facilities, marking the Biden administration's largest funding announcement yet as it tackles China's dominance of the crucial technology. President Joe Biden's decision to make the announcement during a trip to Arizona underscores his strategy of highlighting legislative achievements in key battleground states ahead of November's presidential rematch against Donald Trump.