Arizona Business News http://azbusinessnews.com Fri, 21 Nov 2008 07:00:00 +0000 http://backend.userland.com/rss092 en Newman wins commission seat he sought in ‘98 Democrat Paul Newman sees his election to the Arizona Corporation Commission as good karma after losing a close race a decade ago to a Republican who was quickly kicked out of office for breaking the law. http://www.azcentral.com/rsslinks/823115 Grand Canyon stock holds up in its IPO Shares of Arizona's newest public company tumbled early in their debut Thursday but finished the day down only slightly despite another plunge in the overall market. http://www.azcentral.com/rsslinks/823113 Rebate-check company files for Chapter 11 Clients included Costco, Home Depot and Toshiba. http://www.azcentral.com/rsslinks/823112 Ariz. unemployment rate went up to 6.1% The October rate is the highest in five years. http://www.azcentral.com/rsslinks/823111 Corporation Commission to tackle rate hikes, green energy Unofficial results from the Nov. 4 election show two Democrats and three Republicans will serve. http://www.azcentral.com/rsslinks/823110 J.C. Penney, Sears, Shoe Carnival headed for Mill Crossing in Chandler J.C. Penney Co. Inc., Sears, Roebuck and Co. and Shoe Carnival stores are among tenants announced for a new retail project in Chandler being developed by Opus West Corp. http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/phoenix/stories/2008/11/17/daily66.html?ana=from_rss J.C. Penney, Sears, Shoe Carnival headed for Mill Crossing in Chandler J.C. Penney Co. Inc., Sears, Roebuck and Co. and Shoe Carnival stores are among tenants announced for a new retail project in Chandler being developed by Opus West Corp. http://feeds.bizjournals.com/~r/bizj_phoenix/~3/460102272/daily66.html Jan Brewer’s move to governor could shift climate, budget priorities Arizona Gov. Janet Napolitano’s expected exit to serve as U.S. Homeland Security Secretary under Barack Obama will leave Arizona Secretary of State Jan Brewer as governor and put Republicans in control of the Legislature and governor’s office. http://feeds.bizjournals.com/~r/bizj_phoenix/~3/460102273/daily65.html Fannie Mae, Freddie Mac halting foreclosures Mortgage giants suspend foreclosures for about 16,000 households during the holiday season. http://www.azcentral.com/rsslinks/822710 Chase to cut 3,000 investment banking jobs JP Morgan Chase is cutting the 3,000 investment banking positions companywide — about 10 percent of that financial unit — according to reports by Marketwatch and the Daily Telegraph (U.K) newspaper. (JPM) http://feeds.bizjournals.com/~r/bizj_phoenix/~3/460055968/daily64.html