Top News & Analysis Phoenix

  • Alphabet Inc unit Waymo said on Tuesday it was temporarily suspending robotaxi services in Phoenix that require a backup driver, but added that fully automated services would continue. "The Department of Motor Vehicles has been in contact with AV testing permit holders and there is every indication that they are adhering to federal, state and local public...

  • *ARKIN HOLDINGS- ARKIN BIO-VENTURES II INVESTORS INCLUDE MIGDAL AND PHOENIX GROUP Source text for Eikon:.

  • On Tuesday, the world's largest online retailer is updating its same-day delivery program for shoppers in Phoenix, Philadelphia, Dallas and Orlando, it said. The initiative underscores the company's aim to stay quick in online retail, outdoing competitors' free two-day delivery offers so shoppers remain loyal to Amazon's shipping and media-streaming club...

  • March 2- Waymo, the self-driving unit of Alphabet Inc, said on Monday it had raised $2.25 billion in its first external investment round and expects to add more outside investors. The outside investors will help Waymo be more disciplined, Alphabet Chief Financial Officer Ruth Porat told the Morgan Stanley investor conference on Monday. In addition to Alphabet,...

  • March 2- Waymo, the self-driving unit of Alphabet Inc, said on Monday it had raised $2.25 billion in its first external investment round and expects to add more outside investors. Waymo Chief Executive Officer John Krafcik, in a media briefing late on Monday, declined to confirm whether Alphabet plans to sell or spin off Waymo, saying it was "certainly a possibility...

  • LONDON, March 2- Banks and exchanges in Europe are readying out-of-town offices, splitting shifts and isolating some teams to ensure they can keep trading if coronavirus spreads in more major financial centers. Echoing steps already taken in Shanghai, Hong Kong and New York, financial firms in Europe are preparing for the risk that the illness could lay low...

  • WASHINGTON/ NEW YORK, Feb 28- Big U.S. banks have been rolling out contingency plans to respond to the global coronavirus outbreak- requiring some staff to work from home, implementing travel restrictions, and talking to regulators about potential stresses. On Friday, U.S. presidential candidate and Massachusetts Senator Elizabeth Warren sent a letter to the...

  • Feb 26- Alphabet Inc's Waymo and General Motors Co's Cruise are leading a backlash against a California reporting requirement on self-driving vehicle test data that the companies claim is not relevant or accurate in measuring performance or progress. Data released Wednesday by California showed Waymo and Cruise once again had the fewest number of test...

  • The bill was supported by the Arizona Chamber of Commerce, gas utility Southwest Gas Holdings Inc as well as retail and restaurant trade groups. In a letter to Ducey urging him to sign the bill, Arizona Chamber of Commerce President Glenn Hamer said "irresponsible local policies that limit or reduce energy options could undermine the state's economic...

  • Female financial advisor in discussion with mature female business owner at desk in office

    Some investors at Vanguard will be receiving two sets of tax forms for 2019 because they moved from the firm's mutual fund platform to its brokerage account last year. What that might mean for tax season.

  • WASHINGTON, Dec 18- Nearly half the U.S. counties carried by President Donald Trump in the 2016 election were arguably in recession at the time, with local economic output shrinking during a campaign that focused on the declining fortunes of blue-collar America. New data released by the U.S. Commerce Department's Bureau of Economic Analysis show how a national...

  • Dec 11- Alliances and partnerships involving development and deployment of autonomous vehicles continue to mushroom. Nearly every major multinational automaker and many Tier One suppliers have at least one active partnership, and some BMW, Hyundai, Aptiv and Waymo have several. The extent of those alliances ranges from a simple vehicle supply/retrofit...

  • 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...

  • Glenn Kelman, CEO of Redfin.

    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...

  • Home under construction in Montgomery, Illinois.

    During the foreclosure crisis, investors transformed single-family home rentals into a formally managed asset class. Now they want new homes.

  • LOS ANGELES, June 23- Disney's domination over the box office only seemed to strengthen this weekend as "Toy Story 4" easily topped box office charts. The fourth entry in Pixar's animated series collected $118 million in ticket sales when it debuted in 4,575 North American theaters. Overseas, "Toy Story 4" picked up $120 million from 37 international territories...