Top News & Analysis Phoenix

  • 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...

  • 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...

  • 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...

  • Congress is on the cusp of passing retirement reform legislation that will open 401 plans to annuity products which guarantee lifetime income, alongside the more typical offerings of mutual funds, target-date funds and bonds. At that point, they might take $100,000 or so from the sale of a house or a business and plunk some of it down on an annuity policy that will...

  • Young women pose in front of the New York City skyline in Brooklyn, New York.

    In New York City, you need to earn six figures.

  • 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.