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Top News & Analysis Arizona

  • District Judge Paul Oetken in Manhattan said prosecutors could pursue charges that Brian Block knowingly misled investors by plugging fake numbers into a spreadsheet later incorporated into American Realty's reported results, making them appear better than they actually were. American Realty shares plunged as much as 37 percent on Oct. 29, 2014, wiping...

  • The company's shares, which were priced at $15, opened at $13.50, giving the company a market value of about $2 billion. Phoenix- based Carvana sells cars through its website and allows customers to pick them up from automated "vending machine" towers located in U.S. cities including Austin and Dallas in Texas, and Nashville, Tennessee. "We're going to stay focused on...

  • LAS VEGAS— In a story April 19 about a woman injured by an exploding air bag inflator, The Associated Press reported erroneously that there is no federal law prohibiting salvage yards from selling recalled parts taken out of wrecked cars. LAS VEGAS— A Nevada crash that nearly killed a young woman has exposed a hole in the government's efforts to get dangerous...

  • GRAND CANYON NATIONAL PARK, Ariz.— Authorities say body found on Friday is likely of hiker from Tennessee who went missing with his step-grandmother.

  • PHOENIX _ Viad Corp. on Thursday reported first-quarter net income of $6.8 million, after reporting a loss in the same period a year earlier. Viad expects full-year earnings in the range of 88 cents to 99 cents per share. Viad shares have climbed 4.5 percent since the beginning of the year.

  • SCOTTSDALE, Ariz. _ A V Homes Inc. on Thursday reported first-quarter profit of $2.4 million. A V Homes shares have climbed roughly 6 percent since the beginning of the year. Keywords: A V Homes, Earnings Report.

  • WASHINGTON— President Donald Trump on Thursday created an office at the Department of Veterans Affairs to improve accountability and protect whistleblowers, calling it a "bold step forward." Trump, who made improving veterans' care a prominent issue in his presidential campaign, said the Office of Accountability and Whistleblower Protection will make clear "...

  • TEMPE, Ariz. _ Amkor Technology Inc. on Thursday reported a loss of $10 million in its first quarter. For the current quarter ending in July, Amkor Technology said it expects revenue in the range of $955 million to $1.03 billion. Amkor Technology shares have climbed 17 percent since the beginning of the year.

  • PHOENIX _ Republic Services Inc. on Thursday reported first-quarter earnings of $187.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Republic Services shares have climbed 11 percent since the beginning of the year, while the Standard& Poor's 500 index has risen almost 7 percent.

  • WASHINGTON— President Donald Trump campaigned on an "America First" trade policy of bracing clarity: Renegotiate or abandon NAFTA and crack down on China's trade practices. The White House leaked that possibility to reporters, rattling investors and drawing protests from business groups and Republican lawmakers. He would actually seek to revamp the trade...

  • The decision by the 9th U.S. Circuit Court of Appeals overturned a lower-court ruling that said pay differences based exclusively on prior salaries were discriminatory under the federal Equal Pay Act. "This decision is a step in the wrong direction if we're trying to really ensure that women have work opportunities of equal pay," said Deborah Rhode, who teaches...

  • PHOENIX— Arizona now bans teens from texting or otherwise using their cellphones during the first six months they have a license or while they have a learners permit. Arizona is one of just four states without blanket bans on texting while driving. Arizona only bars school bus drivers from texting.

  • SCOTTSDALE, Ariz. _ Meritage Homes Corp. on Thursday reported first-quarter earnings of $23.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Three analysts surveyed by Zacks expected $604.5 million.

  • SCOTTSDALE, Ariz. _ Taylor Morrison Home Corp. on Thursday reported first-quarter earnings of $11.5 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Five analysts surveyed by Zacks expected $746.7 million.

  • PHOENIX _ Avnet Inc. on Thursday reported fiscal third-quarter net income of $271.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. Four analysts surveyed by Zacks expected $4.45 billion.

  • PITTSBURGH— An insurance agent pleaded guilty Thursday in a promissory note scam that bilked nearly 80 clients out of $8.2 million. John Hogan, 77, of Swissvale, entered his pleas to five counts of mail fraud in the scheme run out of his Hogan& Associates business. Hogan promised they'd get at least a 10 percent return, but he instead used the money to prop up 25 homes...

  • PHOENIX _ Mobile Mini Inc. on Thursday reported first-quarter profit of $10.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 25 cents per share. Mobile Mini shares have risen nearly 1 percent since the beginning of the year.

  • WASHINGTON— President Donald Trump has told the leaders of Mexico and Canada that he will not pull out of the North American Free Trade Agreement at this time, just hours after administration officials said he was considering a draft executive order to do just that. The White House made the surprise announcement Wednesday in a read-out of calls involving Trump,...

  • But a leading GOP moderate criticized the reshaped legislation as a conservative exercise in "blame-shifting and face-saving" that wasn't winning new support from party centrists, leaving its fate unclear. The embrace by the hard-line Freedom Caucus Wednesday supplied fresh votes and momentum for GOP leaders, who also lined up behind the plan and crave a...

  • WASHINGTON— President Donald Trump on Wednesday told the leaders of Mexico and Canada that he will not immediately pull out of the North American Free Trade Agreement, just hours after administration officials said he was considering a draft executive order to do just that. The White House made the surprise announcement in a read-out of calls between Trump,...