Top News & Analysis Phoenix

  • March 15- Wall Street's main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and China. China's state-run news agency said Washington and Beijing were making further substantive progress on trade talks. Chipmakers, which get a large portion of...

  • March 5- Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company's self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday. The Yavapai County Attorney said in a letter made public that there was "no basis for criminal liability" for Uber, but that the back-up driver, Rafaela Vasquez,...

  • NEW YORK, Feb 22- JPMorgan Chase& Co is tearing down walls and moving its San Francisco investment bankers onto "hot desks," a space-saving layout that has long been a fixture at tech companies, while redesigning offices in Dallas and other cities. When JPMorgan renovated two floors at its Mission Street office in San Francisco last month, it replaced many offices...

  • JAKARTA, Jan 9- Copper concentrate exports from Indonesia's Grasberg mine, the world's second-largest copper mine, are forecast to plunge this year because of a lag in output as operations move from open pit to underground mining, a government official said on Wednesday. The output drop will cut Grasberg's revenue over the next few years just as Indonesia's...

  • JAKARTA, Jan 9- Copper concentrate exports from Indonesia's Grasberg mine, the world's second-largest copper mine, are forecast to plunge this year because of a lag in output as operations move from open pit to underground mining, a government official said on Wednesday. The output drop will cut Grasberg's revenue over the next few years just as Indonesia's...

  • WASHINGTON, Dec 20- Uber Technologies Inc on Thursday is resuming limited self-driving car testing on public roads in Pittsburgh, nine months after it suspended the program following a deadly accident in Arizona. Reuters reported earlier this month that Uber planned to initially begin driving "a handful" of cars on a mile loop between two company offices in...

  • WASHINGTON, Dec 18- Uber Technologies Inc received approval from Pennsylvania to resume self-driving car testing on public roads this week, state records show, nine months after it suspended the program following a deadly accident in Arizona. In November, Uber said it was seeking permission from Pennsylvania to resume testing more than seven months after a...

  • Dec 5- Uber Technologies Inc's is plotting the return of its self-driving cars, but the company known for its hard-charging style is taking a much more conservative approach as it tries to recover from a fatal accident that upended its autonomous vehicle program. After it receives approval from the state of Pennsylvania, Uber plans to begin driving "a handful" of...

  • SAN FRANCISCO, Dec 5- Waymo, Alphabet's self-driving unit, launched on Wednesday the first commercial automated ride-hailing service of its size among the main U.S. companies vying to dominate the still nascent market. Waymo is testing mainly in Chandler, Arizona and three other Phoenix suburbs, but also 21 other cities including San Francisco and Silicon...

  • CHANDLER, Ariz., Dec 5- Alphabet's Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually generate fares. With little fanfare, the company has begun charging passengers to use its driverless vehicles in a roughly 100- mile zone in four Phoenix suburbs- Chandler,...

  • FRANKFURT, Nov 26- FiatChrysler's late Chief Executive Sergio Marchionne argued for deeper auto industry consolidation in an April 2015 presentation which said 50 percent of carmakers' research and development investments were being wasted on duplicate efforts. February 2018- Geely's chairman Li Shufu reveals he has bought a 9.69 percent stake in...

  • Nov 6- Motel 6 will pay up to $7.6 million to Hispanic guests to settle a proposed class-action lawsuit claiming that it violated their privacy by regularly providing guest lists to U.S. Immigration and Customs Enforcement agents. Terms of the preliminary settlement with eight Hispanic plaintiffs- seven from Arizona and one from Washington state- were...

  • Alphabet disclosed, for example, that passengers of its self-driving Waymo minivans are now paying for rides, but the offering remains limited to the Phoenix, Arizona region and Waymo's finances are not broken out. Overall revenue rose 21 percent to $33.74 billion, missing analysts' estimate by about $310 million, according to Refinitiv data.

  • SAN FRANCISCO, Oct 24- Its one of the biggest bets going in the world of cars. Since May, General Motors Co and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japans SoftBank Group Corp and Honda Motor Co Ltd to develop a robot taxi service that could safely navigate the city streets of San Francisco by the end of next year-...

  • Chrysler Pacifica hybrid minivan that's party of Waymo's fleet

    Alphabet's Waymo is launching a pilot to drop self-driving car riders off at the bus and train station.

  • Izzy Pulido and Tim Stambaugh went to the Color Factory, a pop-up in San Francisco, earlier this year. The couple was so happy with their photos that they decided to use them for their engagement announcements.

    Instagram-able pop-up museums help make founders and investors millions.

  • Retailers like Aerie and Abercrombie & Fitch are seeing a dramatic surge in swimwear sales, thanks to the year-round summers and string bikini posts on Instagram.

  • A 23-year-old works at his desk at Rally Software Development in Boulder, Colorado. 

    Millennials aren't just flocking to the biggest cities like New York and L.A. They're willing to take a chance on smaller cities like Denver and Austin that offer them the quality of life they're looking for, the Financial Times reports. The question now is: Where is the next Colorado?

  • GUANGZHOU, CHINA - NOVEMBER 18 : Guiding robot, made by 3d printer are being displayed during International Robotics Exhibition at Pazhou convention and exhibition center in Guangzhou, China on November 18, 2016.

    The rise of artificial intelligence and automation has many worried about job security. ShiftLabs is focusing on identifying and promoting job skills that have a low likelihood of being automated.

  • Waymo unveils a self-driving Chrysler Pacifica minivan in Detroit, Michigan, U.S. on January 8, 2017.

    Police in a Phoenix suburb are investigating a collision involving a self-driving vehicle owned by Waymo.