Dec 5- Ride-hailing company Waymo said on Thursday its app will now be available to iPhone users in Phoenix, Arizona. The Alphabet Inc unit began offering fully automated rides, without attendants in the vehicle, to a few hundred early users of its robo-taxi service in Phoenix in October. The company, which launched the first commercial automated ride-hailing...
Dec 4- Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin. Known as Alphabet's " Moonshot Factory," X is a research and development unit that acts as a nursery for the company's many...
Redfin CEO Glenn Kelman breaks down the housing market and what it may indicate about the U.S. economy, with CNBC's "Power Lunch" team.
Nov 15- Three of Apple Inc's former top semiconductor executives in charge of iPhone chips have founded a startup to design processors for data centers, aiming to take on current industry leaders Intel Corp and Advanced Micro Devices Inc.. NUVIA Inc was founded by Gerard Williams III, Manu Gulati and John Bruno in early 2019 and is developing a processor...
NEW YORK, Nov 1- U.S. stocks rallied to close out the trading week on Friday as the S&P 500 set a closing record for the third time in five days after an upbeat U.S. jobs report and data on Chinese manufacturing eased concerns about slowing global growth. "A nice surprise, and also there were upwards revisions for September and August," said Jeff Kravetz regional...
Freeport also said copper sales were lower in South America, dented by lower grades and recovery rates at its Cerro Verde mine in Peru. The company reported a net loss of $131 million, or 9 cents per share, compared with a profit of $556 million, or 38 cents per share, a year earlier. Shares of the Phoenix, Arizona- based company were up 2.6% Wednesday morning at $10.21 as...
NEW YORK, Sept 26- Hedge fund Elliott Management Corp has amassed a stake in Mobile Mini Inc, the biggest U.S. provider of portable storage containers for businesses, and is pushing it to merge with WillScot Corp, the largest U.S. vendor of mobile office trailers, people familiar with the matter said on Thursday. Mobile Mini shares were trading up 5% at $36.42 before...
Sept 25- Ford Motor Co said on Wednesday it will add Austin, Texas, to the short list of cities where it plans to launch a commercial transportation service using automated vehicles in 2021.. The U.S. automaker previously said it would begin transporting people and goods in automated vehicles in Miami and Washington. Peter Rander, president of Argo AI, said...
DETROIT, Sept 17- Self-driving truck startup TuSimple said on Tuesday it raised an additional $120 million from investors to be used to expand long-haul services for truck fleets and jointly develop an autonomous commercial vehicle with truck makers and suppliers. The company's new investors include Chinese alternative investment firm CDH Investments,...
Sept 11- The Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, has built a stake in Mobile Mini Inc and is pushing the world's largest provider of portable storage solutions to explore a sale, people familiar with the matter said on Wednesday. The position, Donerail's first major investment, comes at a...
whistleblower who warned of graft@ SAO PAULO, August 21- Healthcare giant Philips was warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them, nearly a decade before an alleged bribery racket was exposed in the company's Brazil operations last year, Reuters has learned. Claims of malfeasance reached the highest...
DETROIT, Aug 15- UPS said on Thursday it has bought a minority stake in self-driving company TuSimple, and the world's largest package delivery company has been testing the startup's autonomous trucks since May on a busy freight route in Arizona. The investment by UPS Ventures, the venture capital arm of United Parcel Service Inc, underscores bets that...
*Q3 EARNINGS PER SHARE $1.35 EXCLUDING ITEMS. *Q3 EARNINGS PER SHARE $0.79 FROM CONTINUING OPERATIONS. *Q3 EARNINGS PER SHARE $0.97.
RPT-WALT DISNEY CO- IN QTR, RECORDED A FILM COST IMPAIRMENT DUE TO PERFORMANCE OF DARK PHOENIX.
WALT DISNEY CO- IN QTR, RECORDED A FILM COST IMPAIRMENT DUE TO PERFORMANCE OF DARK PHOENIX.
WALT DISNEY- IN QTR, OPERATING RESULTS AT 21 CF BUSINESSES REFLECTED A LOSS FROM THEATRICAL DISTRIBUTION DRIVEN BY PERFORMANCE OF DARK PHOENIX.
Aug 6- Sprint Corp said on Tuesday it would launch a 5 G smartphone made by OnePlus, becoming the second U.S. wireless carrier after T-Mobile to offer a cellphone made by the Chinese company. Sprint, whose 5 G service is priced at $80 per month, is already offering 5 G smartphones from Taiwan's HTC and South Korean mobile makers, Samsung Electronics Co Ltd and LG...
*Europe poses different challenges for autonomous driving. OXFORD, England, July 11- Far from the sunny, wide streets of Phoenix, where Waymo's self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities. "A car trained to drive on the wide open highways of...
The Alphabet Inc subsidiary is testing complimentary Wi-Fi in its robotaxis in greater Phoenix, where hundreds of the company's identical, driverless minivans have been carrying paying riders since December. "When I push the Waymo button I know exactly the product I'm buying," said Jordan Ranous, 26, a Phoenix bank analyst who said he takes four Waymo round...
During the foreclosure crisis, investors transformed single-family home rentals into a formally managed asset class. Now they want new homes.
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