Arizona and U.S. business news in brief

2013-03-19T00:00:00Z Arizona and U.S. business news in briefFrom Wire Reports From Wire Reports Arizona Daily Star
March 19, 2013 12:00 am  • 

ARIZONA

Thunderbird School looks to expand abroad

GLENDALE - The Thunderbird School of Global Management has announced a partnership that'll allow the Glendale-based business school to expand its international reach.

School President Larry Edward Penley says the deal will preserve Thunderbird's status as an independent, nonprofit institution while giving it access to more permanent campuses abroad.

The partnership is with Maryland-based Laureate Education Inc. Laureate is a privately held, for-profit company that runs more than 65 accredited campus-based and online universities in North America, Latin America, Europe, Asia, the Middle East and North Africa with more than 750,000 students.

The two institutions will create a jointly owned entity through which Thunderbird will open several international sites and campuses, expand its online and executive-education programs and offer undergraduate degree programs.

GM to get $1.12 million incentive for IT center

CHANDLER - Chandler has approved an incentive agreement to pay General Motors more than $1 million to bring its Information Technology Innovation Center to the city. The company announced March 6 that it will put an IT center in Chandler.

Under the agreement, Chandler will pay GM as much as $1.12 million over five years based on the number of full-time jobs the company creates. Chandler expects the GM center to create $2.2 million in new revenue over five years. Hiring is expected to begin in April.

Arizona bill would trim cost of legal notices

PHOENIX - State lawmakers are moving to halve what cities and counties have to pay to publish their legal notices in print.

The measure approved 31-27 Monday by the House would eliminate the need of all counties and cities of more than 100,000 to buy space in newspapers for their notices. Instead, they could put the information online.

But Rep. Warren Petersen, R-Gilbert, was able to line up the votes only by promising to alter the measure when it now goes to the Senate. First, Petersen agreed to require all cities and counties, no matter the size, to place a minimum of two daily and one weekly notices in newspapers, half what is required currently.

NATION

Builder confidence falls on supply, labor issues

Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build land, building materials and workers, the National Association of Home Builders/Wells Fargo builder sentiment index showed on Monday.

In the short term, those constraints could slow sales. But builders' outlook for sales over the next six months has reached its strongest point in more than six years.

Jobless rates rose in half of states in January

WASHINGTON - Unemployment rates increased in half of U.S. states in January from December, including Arizona, as employers nationwide added the fewest jobs in seven months.

The Labor Department said Monday that unemployment rates rose in 25 states. They fell in 8 states and were unchanged in 17. Arizona's rate went up a 10th of a point to 8.0 percent.

Some Dodge Challengers recalled over fire risk

DETROIT - Chrysler is telling owners of about 2,500 Dodge Challenger muscle cars with V-6 engines from the 2013 model year not to drive them or park them in or near a structure, because a short in a wiring circuit can set them on fire.

Burger King will put turkey burgers on menu

If you think a Whopper's too indulgent but are sick of chicken sandwiches, Burger King is offering a turkey burger for the first time. McDonald's and Wendy's said they've never offered turkey burgers.

The Associated Press; Capitol Media Services

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