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Top News & Analysis Arizona

  • SAN FRANCISCO, July 6- Fender Musical Instruments Corp, whose electric guitars have powered music from Jimi Hendrix to Nirvana, is getting into the software business with an app for guitar lessons. The Scottsdale, Arizona company is launching "Fender Play," an online system for learning guitar that Chief Executive Officer Andy Mooney, a veteran of Nike and Disney,...

  • NEW YORK, June 30- The former chief financial officer of American Realty Capital Properties Inc was convicted on Friday of deceiving investors by inflating the real estate investment trust's financial statements. Jurors in a federal court in Manhattan found Brian Block guilty of fraud and conspiracy following a three-week trial. American Realty shares...

  • June 29- A U.S. prosecutors on Thursday urged jurors to convict the former chief financial officer of American Realty Capital Properties Inc over allegations he inflated the real estate investment trust's financial statements, winding down a three-week trial. Attorney Edward Imperatore told the jurors that in July 2014, Block plugged fake numbers into a...

  • Homeland Security officials on Wednesday will unveil enhanced security measures for foreign flights arriving in the United States but not an immediate expansion of an in-cabin ban on laptops and other large electronic devices because they might carry bombs, sources briefed on the matter said. Reuters reported earlier this month that the United States had...

  • There is no evidence of mispricing in major markets, leverage has been reduced and prime real estate is priced at about fair value, said Peter Hayes, PGIM Real Estate's global head of investment research. PGIM, which manages $65.9 billion in real estate assets, said opportunities can be found in non-gateway U.S. markets such as Dallas and Phoenix and non-central...

  • HOUSTON, June 28- Halliburton Co is in late-stage talks to acquire a fast-growing U.S. oilfield equipment supplier backed by Oklahoma energy and banking billionaire George Kaiser, according to sources familiar with the matter. Houston- based Halliburton has set its sights on Summit ESP Inc, said the sources, who spoke in recent days. Tulsa, Oklahoma- based Summit...

  • There is no evidence of mispricing in major markets, leverage has been reduced and prime real estate is priced at about fair value, said Peter Hayes, PGIM Real Estate's global head of investment research. PGIM, which manages $65.9 billion in real estate assets, said opportunities can be found in non-gateway U.S. markets such as Dallas and Phoenix and non-central...

  • PGIM, which manages $65.9 billion in real estate assets, said opportunities can be found in the non-gateway U.S. markets such as Dallas and Phoenix and non-central business districts in Asia and Europe where office rental demand looks strong. Ongoing demand for warehousing in the United States and elsewhere because of e-commerce and the world's growing...

  • NEW YORK, June 27- Like many financially savvy parents, Jim Stehr started a college savings account for his son at birth. His oldest two kids are in pricey private colleges and might end up in graduate school, while the youngest is eyeing the Naval Academy, which is free. Financial adviser Peter Palion of Master Plan Advisory in East Meadow, New York, says it does not...

  • NEW YORK, June 27- Like many financially savvy parents, Jim Stehr started a college savings account for his son at birth. His oldest two kids are in pricey private colleges and might end up in graduate school, while the youngest is eyeing the Naval Academy, which is free. Financial adviser Peter Palion of Master Plan Advisory in East Meadow, New York, says it does not...

  • NEW YORK, June 27- Like many financially savvy parents, Jim Stehr started a college savings account for his son at birth. His oldest two kids are in pricey private colleges and might end up in graduate school, while the youngest is eyeing the Naval Academy, which is free. Financial adviser Peter Palion of Master Plan Advisory in East Meadow, New York, says it does not...

  • NEW YORK, June 27- Like many financially savvy parents, Jim Stehr started a college savings account for his son at birth. His oldest two kids are in pricey private colleges and might end up in graduate school, while the youngest is eyeing the Naval Academy, which is free. Financial adviser Peter Palion of Master Plan Advisory in East Meadow, New York, says it does not...

  • NEW YORK, June 27- Like many financially savvy parents, Jim Stehr started a college savings account for his son at birth. His oldest two kids are in pricey private colleges and might end up in graduate school, while the youngest is eyeing the Naval Academy, which is free. Financial adviser Peter Palion of Master Plan Advisory in East Meadow, New York, says it does not...

  • NEW YORK, June 27- Like many financially savvy parents, Jim Stehr started a college savings account for his son at birth. His oldest two kids are in pricey private colleges and might end up in graduate school, while the youngest is eyeing the Naval Academy, which is free. Financial adviser Peter Palion of Master Plan Advisory in East Meadow, New York, says it does not...

  • Shares in traditional rental car companies such as Avis and Hertz Global Holdings Inc have taken a beating as more travelers use ride services such as Lyft and Uber Technologies Inc The Waymo-Avis deal points to a potential future for rental car companies as managers for fleets of shared and autonomous vehicles require their services changing tires,...

  • TEL AVIV, June 26- Israeli energy conglomerate Delek said its planned sale of a controlling stake in Israeli insurer Phoenix Holdings to China's Fujian Yango Group has been called off by both sides after it failed to secure regulatory approval. "Due to the prolonged process of obtaining the approval for the sale of control in Phoenix to Yango Group, the two sides...

  • Hotshot team supervisor watches as firefighters get in to position as helicopters drop water during an aerial assault to contain a brush fire in Southern California.

    Wildfire season is getting underway and the heatwave, dry conditions and thick grasses from a wet winter could spell danger for California.

  • June 23- The U.S. Marine Corps said on Friday it resumed flight operations for Lockheed Martin Corp's F-35B fighter jets after temporarily suspended operations a day ago because of software problems. The jets are from Marine Fighter Attack Squadron 211 based at Air Station Yuma in Arizona. Mark Wise, commanding general of 3rd Marine Aircraft Wing had decided on...

  • HAVANA, June 22- Minnesota's government and businesses will continue to engage with Cuba in the areas they can, like agricultural trade, despite U.S. The first U.S. state representative to make an official visit to Communist-run Cuba since Trump's announcement on Friday, Smith said authorities there were worried about the setback to bilateral relations.

  • June 21- Theranos Inc has told its investors it has reached an agreement in principle to settle a lawsuit by Walgreens Boots Alliance Inc that had alleged the laboratory startup breached their contract, the Wall Street Journal reported, citing people familiar with the matter. The Palo Alto, California- based company, once valued at $9 billion, ran into trouble...