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AZ Central
Current EventsAZ Central: Business News

How loyalty programs influence the way you shop

From AZ Central

NEW YORK -- Loyalty programs at supermarkets used to be as simple as getting access to the cheaper advertised prices on store shelves. But as companies fight to hold onto customers amid intensifying competition, they're using shoppers' purchasing histories to offer more personalized deals. ... Quick Read

Wash. state releases draft rules for legal pot

From AZ Central

SEATTLE -- Officials in Washington state took their first stab at setting rules for the state's new marijuana industry Thursday, nearly eight months after voters here legalized pot for adults. RELATED CONTENT: Wash. state's journey toward pot regulation ... Quick Read

Arizona's job growth improving - albeit at underwhelming rate

From AZ Central

Disappointing and mild as it may be by historical standards, Arizona's economy is growing steadily and that alone makes the state one of the leading successes nationally, economists for Arizona State University agreed Thursday. "Arizona grew 2 percent in 2012. That looks like slow growth, but it's top 10," said Lee McPheters, a research professor at the W.P. Carey School of Business before addressing the Economic Club of Phoenix. ... Quick Read

Airlines' losses narrowed in 1Q to $552 million

From AZ Central

NEW YORK -- U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter. They still lost money, which is typical for the year's first three months travel slows after the holidays and delays rack up from snow storms. But the deficit was $552 million -- or $3.30 per passenger -- compared with $1.7 billion in same period in 2012. ... Quick Read

American will favor passengers without roller bags

From AZ Central

FORT WORTH, Texas -- If you're traveling light, you can board earlier on American Airlines. The airline said Thursday that people carrying just a personal item that fits under the seat -- no rolling suitcases -- will be allowed to board before most other passengers. ... Quick Read

APS, solar industry at odds on value of power from rooftop units

From AZ Central

Arizona Public Service Co. and the solar industry have published conflicting studies estimating the value of rooftop solar panels, foreshadowing a debate that will determine the future of the budding solar industry in Arizona. The APS report says that people with rooftop solar are being overpaid for the excess electricity they generate, which is directed to the power grid when they are not using it. The solar-industry report said those customers are being underpaid and that their solar panels ... Quick Read

Apple's all-time apps list: Games dominate

From AZ Central

Owners of Apple's iPad, iPhone and iPod Touch appear to be huge fans of downloadable games. As Apple downloads approached 50 billion downloads on its App Store early this month, the company revealed the top 25 paid and free apps for the iPad and iPhone, with games taking over several spots. ... Quick Read

Apple's App Store passes 50 billion downloads

From AZ Central

Apple topped 50 billion downloads in its App Store earlier today. Brandon Ashmore from Mentor, Ohio, downloaded the 50 billionth app, Say the Same Thing by Space Inch LLC. Apple awarded him a $10,000 App Store Gift Card. ... Quick Read

Global luxury goods sales slowing in 2013

From AZ Central

MILAN -- A study says global sales of luxury goods are off to a slow start in 2013 and aren't expected to match the double-digit growth of the last three years. Consultancy Bain & Co. said Thursday in a report that sales of luxury apparel, accessories, jewelry, cosmetics and art are expected to grow just 4 percent to 5 percent in 2013. ... Quick Read

AB InBev abandons plans to acquire Czech Budvar

From AZ Central

PRAGUE -- Brewing giant Anheuser-Busch InBev says it no longer has plans to acquire Czech brewer Budejovicky Budvar, with whom it has been fighting a long legal battle over the use of the "Budweiser" brand. Frank Hellwig, legal director for AB InBev, says "we don't have any plans, or intention, or desire to buy Budvar" as a way of solving the dispute. ... Quick Read

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Jaeger LeCouture Air New Zealand 70 Sunreef Power Sea Bass

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