Top News & Analysis Phoenix

  • PHOENIX— A Twitter posting by an Arizona man who was arrested on suspicion of killing his roommate during a struggle could elevate the severity of charges he could face. Two days before the fatal shooting, 21- year-old Zachary Dale Penton posted a comment saying he needed to move out of the metropolitan Phoenix home where he was living before he killed his...

  • Aug 18- Switzerland's Daetwyler said on Thursday it would not make a higher offer for Premier Farnell, potentially paving the way for U.S. rival Avnet Inc to take over the British firm that makes the Raspberry Pi mini computer. Premier Farnell withdrew a recommendation for Daetwyler's cash offer of 165 pence per share last month, after receiving a 185 pence bid...

  • Aug 10- Online used-car startup Carvana, known for delivering vehicles through vending machines, said on Wednesday it closed a $160 million Series C funding round that brought the total raised to nearly half a billion dollars. Carvana, set up in 2013, said it would use the proceeds to support its expansion in the United States to more than 20 markets by the end of...

  • Aug 10- Online used-car startup Carvana, known for delivering vehicles through vending machines, said on Wednesday it closed a $160 million Series C funding round that brought the total raised to nearly half a billion dollars. Carvana, set up in 2013, said it would use the proceeds to support its expansion in the United States to more than 20 markets by the end of...

  • Aug 8- Delta Air Lines Inc canceled hundreds of flights and delayed many others on Monday after an outage hit its computer systems, grounding planes and stranding passengers of one of the world's largest carriers at airports around the globe. Atlanta- based Delta, the second-largest U.S. airline by passenger traffic, said it had canceled 451 flights after a power...

  • Atlanta- based Delta, the second-largest U.S. airline by passenger traffic, said it had canceled 451 flights after a power outage that began around 2:30 a.m. EDT in Atlanta. The problems arose after a switchgear, which helps control and switch power flows like a circuit breaker in a home, malfunctioned for reasons that were not immediately clear, said Georgia...

  • Atlanta- based Delta, the second-largest U.S. airline by passenger traffic, said it had canceled 451 flights after a power outage that began around 2:30 a.m. EDT in Atlanta. The problems arose after a switchgear, which helps control and switch power flows like a circuit breaker in a home, malfunctioned for reasons that were not immediately clear, said Georgia...

  • Aug 8- Delta Air Lines Inc's flights gradually resumed on Monday after an outage hit its computer systems, grounding planes and stranding passengers of one of the world's largest carriers at airports around the globe. Atlanta- based Delta, the second-largest U.S. carrier by passenger traffic, said it had canceled about 300 flights after a power outage that began...

  • The U.S. airline said the power outage began at about 2:30 a.m. EDT in Atlanta and that customers should expect "large-scale" cancellations. According to website Flightradar24, some of the first flights to take off were from Amsterdam to the United States, while a flight from Phoenix to Atlanta was among the first to depart from a U.S. airport.

  • The U.S. airline said the problems resulted from a power outage in Atlanta overnight and that customers should expect "large-scale" cancellations. Website Flightradar24 showed a flight from Phoenix to Atlanta had taken off, while three planes had departed from Amsterdam to U.S. destinations. It also partners for transatlantic flights with Virgin Atlantic,...

  • Aug 4- American Airlines Group Inc. *American to offer its 30 Phoenix-based instructors and simulator engineers positions at Charlotte or Fort Worth centers- employee letter. *American will keep Phoenix facility open for other work and will retain Phoenix as a crew base- employee letter.

  • AMERICAN WILL KEEP PHOENIX FACILITY OPEN FOR OTHER WORK AND WILL RETAIN PHOENIX AS A CREW BASE- EMPLOYEE LETTER.

  • Aug 3- Banner Health, a non-profit organization that runs a chain of hospitals, said hackers may have gained unauthorized access to patient, physician and beneficiary data. The hackers may have gained unauthorized access to computer systems that process payment card data at food and beverage outlets at some Banner Health locations, the company said on...

  • MEXICALI, Mexico, Aug 2- For Allied Tool& Die Company, Donald Trump's threats to tear up trade deals and impose steep tariffs if he becomes the next U.S. president means considering doubling down on Mexico as a base to manufacture for foreign markets. So far, Trump's campaign pledges- such as threatening to roll out punitive tariffs, ditch the 1994 North American Free...

  • PHILADELPHIA, Aug 1- The chief executive of embattled Theranos Inc on Monday presented plans for a new product and said the blood testing company was working diligently to rectify all of its outstanding issues involving its product and laboratory operations. CEO Elizabeth Holmes described new technologies that she said were "distinct from the operations of...

  • July 26- Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, put its high-profile asset sales plan on the rear burner on Tuesday, and instead unveiled a $1.5 billion share issue to help it cut debt. Freeport's chief executive said he was confident the company could reduce its $18.8 billion of net debt to between $13.2 billion and $10.5...

  • July 26- Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, put its high-profile asset sales plan on the rear burner on Tuesday, and instead unveiled a $1.5 billion share issue to help it cut debt. Freeport's chief executive said he was confident the company could reduce its $18.8 billion of net debt to between $13.2 billion and $10.5...

  • Freeport said it plans an at-the-market offering of common stock, a move that will likely weigh on its stock, Clarksons Platou Securities' Jeremy Sussman said. Its shares were last trading at $11.79, down 69 cents on the New York Stock Exchange. Earlier, Freeport said its net loss attributable to common stock narrowed to $479 million, or 38 cents per share, in the...

  • July 26- U.S. miner and oil producer Freeport-McMoRan Inc's quarterly revenue fell far short of Wall Street estimates, mainly due to lower copper prices. The world's biggest listed copper producer said average realized price per pound of copper fell about 20 percent to $2.18 in the second quarter ended June 30. The Phoenix, Arizona- based company's consolidated...

  • Attorney General Loretta Lynch said on Tuesday that it was important for the Justice Department to look at individuals in the ongoing criminal investigation into the Volkswagen emissions scandal. Under a settlement announced on Tuesday, the German automaker will pay as much as $15.3 billion after admitting it cheated on U.S. diesel emissions tests for...