Cogent agreed to sell ten U.S. data centers to I Squared Capital for $225M, earmarking the cash to accelerate debt reduction as the buyer builds an AI-focused colocation platform.

Sodexo filed a WARN naming 489 campus dining jobs tied to Grand Canyon University after Aramark won the contract. The vendor switch leaves student workers and longtime staff facing uncertainty.

A 26.2‑pound natural gold nugget known as the Boot of Cortez will be auctioned in Glendale on June 12, with bids opening at $1 million and estimates in the multimillion range.

Dutch Bros will buy 29 Phoenix East Valley franchised shops from a retiring owner, expanding its company‑operated footprint across the Valley. The deal is expected to close in Q3 2026.

Sip Fresh is ramping up in Arizona after a strong 2025, signing leases at two Valley malls and targeting Chandler Fashion Center and Westgate Tanger Outlets.

Homeowners allege they paid Haute Plank for flooring that never arrived; police and civil suits are now targeting the Scottsdale business.

About 227,500 Stephan Baby Boo Bunnie plush toys are being recalled after reports that the removable ice‑pack cubes can break into sharp pieces. The company is offering refunds or store credit.

EōS Fitness closed courts at several Phoenix clubs in early April, and new gyms are replacing hoops with studios and content spaces as pickleball booms.

A new analysis puts Phoenix at No. 7 for small‑business support even as commercial bankruptcy filings climb; low taxes and growth are offset by rising risk.

Phoenix-based AZ Lemonade Stand will appear in every Circle K in Arizona and about 650 stores across the West after a new distribution deal.

Lion Energy took an equity stake in American Battery Factory to secure prismatic LFP cells from ABF's Tucson gigafactory. The move lines up with Lion's June assembly ramp and ABF's multi‑year offtake deals.

IKEA will open a 75,000‑sq‑ft small‑format store at Village Square II in north Phoenix on April 8, offering thousands of items for same‑day pickup and an in‑store Swedish food concept.

A Phoenix Business Journal ranking shows a defense contractor now leads Arizona manufacturers by in-state employment as semiconductors and batteries reshape hiring.