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Top News & Analysis Phoenix

  • TORONTO, April 25- Freeport-McMoRan Inc missed earnings expectations, cut its outlook and warned on Tuesday it would be difficult to secure a long-term Indonesian mining permit, but investors sent its stock soaring on relief over a temporary export resumption. New rules in Indonesia require miners to divest a 51 percent stake, relinquish arbitration rights...

  • A Waymo self-driving car.

    Waymo, Google's self-driving car project will allow hundreds of people in Phoenix to take rides in the vehicles to get feedback on the experience.

  • PHOENIX— Freeport-McMoRan Inc. missed earnings targets but its stock jumped Tuesday as investors cheered its resuming exports of copper concentrate from Indonesia after a three-month regulatory suspension. Freeport-McMoRan was hamstrung by regulatory restrictions which caused production interruptions at its Indonesia operations beginning in...

  • It will allow hundreds of people in the Phoenix area to take rides in the vehicles so it can get feedback on the experience. The vehicles will also pick up riders in Chandler, Tempe, Mesa and Gilbert, Waymo said. The companies have been testing the vehicles in Arizona, California and Michigan.

  • SAN FRANCISCO, April 25- Alphabet Inc's Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday. Silicon Valley is racing to master self-driving technology, betting that it will transform the auto industry and be a gold...

  • PHOENIX _ Swift Transportation Co. on Monday reported first-quarter earnings of $5.2 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. Swift Transportation shares have risen roughly 3 percent since the beginning of the year.

  • PHOENIX _ Western Alliance Bancorp on Thursday reported first-quarter profit of $73.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Four analysts surveyed by Zacks expected $193.7 million.

  • LAS VEGAS— A Nevada crash that nearly killed a young woman has exposed a hole in the government's efforts to get dangerous Takata air bag inflators off the road: There's nothing that prevents the devices from being taken from wrecked cars and reused. Karina Dorado's trachea was punctured by shrapnel from an inflator after a relatively minor crash in Las Vegas on...

  • PHOENIX— Embattled blood testing company Theranos, Inc. has agreed to pay $4.65 million to cover full refunds for every Arizona customer who used the company's testing services, Arizona Attorney General Mark Brnovich announced Tuesday. The company also agreed to pay $200,000 in civil penalties and $25,000 in attorney fees and will be subject to civil...

  • WASHINGTON— Some ailing veterans can now use their federal health care benefits at CVS "MinuteClinics" to treat minor illnesses and injuries, under a pilot program announced Tuesday by the Department of Veterans Affairs. The new program, currently limited to the Phoenix area, comes three years after the VA faced allegations of chronically long wait times at its...

  • WASHINGTON— President Donald Trump plans to sign legislation to extend temporarily a program that gives veterans access to private-sector health care. White House spokesman Sean Spicer says Trump will sign the bill Wednesday at the White House. The extension will provide stopgap services while Veterans Affairs Secretary David Shulkin develops a...

  • The government has lost millions of dollars in royalties and is worried about layoffs and a slowing economy in the restive Papua region, where the giant mine is located. Indonesia halted Freeport's copper concentrate exports under new rules that require the Phoenix, Arizona- based company to adopt a special license, pay new taxes and royalties, divest a 51...

  • A patient at the Veterans Affairs Medical Center in Washington, D.C.

    Department of Veterans Affairs' chief watchdog issued a rare preliminary report Wednesday to alert patients and other members of the public. USAToday reports.

  • The government has lost millions of dollars in royalties and is worried about layoffs and a slowing economy in the restive Papua region, where the giant mine is located. Indonesia halted Freeport's copper concentrate exports under new rules that require the Phoenix, Arizona- based company to adopt a special license, pay new taxes and royalties, divest a 51...

  • SANTIAGO, April 5- Freeport McMoRan Inc is awaiting final details on a temporary export permit in Indonesia, which would end a 12- week ban that has cost the world's biggest publicly traded copper company nearly $1 billion in lost revenues, its top executives told Reuters in an interview on Wednesday. "It shouldn't take very long, we're talking weeks," she said,...

  • SANTIAGO, April 5- Freeport McMoRan Inc is awaiting final details on a temporary export permit in Indonesia, which would end a 12- week ban that has cost the world's biggest publicly traded copper company nearly $1 billion in lost revenues, its top executives told Reuters in an interview on Wednesday. "It shouldn't take very long, we're talking weeks," she said,...

  • JAKARTA/ TORONTO, March 30- Freeport McMoRan Inc's Indonesian unit is close to reaching a deal that would allow the world's biggest publicly listed copper producer to temporarily resume concentrate exports, Indonesia's mining minister said on Thursday. Energy and Mineral Resources Minister Ignasius Jonan said a new deal would allow Freeport to resume...

  • JAKARTA/ TORONTO, March 30- Freeport McMoRan Inc's Indonesian unit is close to reaching a deal that would allow the world's biggest publicly listed copper producer to temporarily resume concentrate exports, Indonesia's mining minister said Thursday. The export ban, part of plan to boost Indonesia's smelter industry, saw Freeport shelve billions of dollars...

  • HOMS, Syria/ BEIRUT, March 18- Rebels and their families began leaving their last bastion in the Syrian city of Homs on Saturday, state media and a Reuters witness said, under a Russian-backed deal with the government expected to be among the largest evacuations of its kind. The agreement underlines Syrian President Bashar al-Assad's upper hand in the war, as more...

  • HOMS, Syria/ BEIRUT, March 18- Rebels and their families began leaving their last bastion in the Syrian city of Homs on Saturday, state media and a Reuters witness said, under a Russian-backed deal with the government expected to be among the largest evacuations of its kind. The agreement underlines Syrian President Bashar al-Assad's upper hand in the war, as more...