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  • Barclays boss Staley promises hike in investor payouts despite £1.9bn loss
    
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  • British gas owner Centrica to cut 4,000 jobs as profits tumble
    
  • Anglo American vows to keep cutting debt after paying biggest dividend in a decade
    
  • Forties pipeline dents GDP growth but promises rebound in 2018 
    
  • BAE Systems spies future opportunities with Typhoon jets but flat forecast disappoints
    
  • Amey buys Carillion rail contracts, saving 700 jobs
    
  • Moneysupermarket shares plunge as investors told not to expect growth 
    
  • Kaz Minerals edges closer to long-awaited dividend on surging profits
    

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Tempe is poised to take a big bite out of the Valley’s luxury-hotel industry. The city currently holds a fraction of the Valley’s 55,000 hotel rooms; it has 5,369 rooms among 44 hotels. But now there are plans for nine new hotels and the expansion of an existing one, adding a total of 1,750 rooms. Five of those hotels would be upscale properties, with better-than-average amenities like restaurants, bars and spas.  More…

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