Phoenix Business News

Wednesday as the men’s clothing retailer benefited from an uptick in sales. The company earned $11.7 million, or 63 cents a share, last quarter, compared to a profit of 63 cents a share, or 50 cents a share, in the...

As expected, Gov. Jan Brewer has signed legislation repealing a change in law originally approved earlier this year to make it harder for some who owe more on their homes than they are worth to walk away without having to...

The third quarter proved dismal in terms of foreclosure filings across Arizona despite some improvement in August and September, according to the latest market report from RealtyTrac, an online marketplace for foreclosure properties. Arizona posted the nation’s second-highest state foreclosure...

Petsmart Inc. said Wednesday its profit rose 6 percent in the third quarter as consumers continued to spend money on their pets even amid high unemployment and economic uncertainty...The pet supplies seller, based in Phoenix, earned $38.1 million, or 31...

In today's economy a lot of companies have stopped hiring, laid off workers or put a freeze on pay raises until they can pull out of the slump. So with the economy being so hard why are companies spending money...

Federal authorities have charged 41 people in a mortgage fraud involving tens of millions of dollars across New York state. The U.S. attorney's office in Manhattan scheduled a news conference Thursday to reveal details of the case. Authorities say that...

Gov. Jan Brewer and top Republican leaders lashed out Tuesday at the League of Arizona Cities and Towns for challenging a new law designed to crack down on illegal immigrants getting public benefits. "At a time when Arizona is suffering...

State lawmakers are once again trying to remove some legal protections speculators have from being pursued by banks if they walk away from home mortgages. Legislation set for debate today would allow lenders to go after those who borrow money...

Both chains and the United Food and Commercial Workers Local 99 have taken steps throughout the week to prepare for a strike. Ellen Anreder. "We're just hoping they come back with a decent proposal," Anreder said. Officials at the grocery...