Since Waymo came to town in 2016, both the Chandler and Mesa police departments have used video from the self-driving cars to help solve crimes.
Telus did not immediately respond to a request for comment regarding the withdrawal of the proposal. On Thursday, trading in Appen's shares was halted after they surged more than 29% to A$8.27, below the indicative offer price of A$9.50 a share, as investors positioned themselves for an eventual buyout — including from another company — while allowing for the possibility the talks could fall through. "Appen engaged with Telus in good faith...to better understand the conditions of the proposal and to agree an appropriate confidentiality and standstill agreement," the Australian firm said in its latest statement.
LISBON, Portugal (AP) — The Portuguese government has given its authorization for the sale of Chelsea by Roman Abramovich, who needed approval because he is a Portuguese passport holder. The decision by Portugal was announced Thursday, a day after the British government approved the sale of Chelsea by the sanctioned Russian oligarch to a consortium fronted by a part-owner of the Los Angeles Dodgers. Portugal's rubber stamp was also needed for the deal worth 2.5 billion pounds ($3.1 billion) — th
New orders for U.S.-made capital goods increased less than expected in April, suggesting businesses could be slowing their pace of spending on equipment as they confront growing headwinds from rising interest rates and tightening financial conditions. The Federal Reserve has adopted an aggressive monetary policy stance to cool demand and tame inflation, sparking a stock market sell-off and boosting U.S. Treasury yields and the dollar. "Rate-sensitive business equipment investment growth is beginning to slow," said Michael Pearce, a senior U.S. economist at Capital Economics in New York.
Cerro de Pasco Resources Inc. (CSE:CDPR) (Frankfurt: N8HP) ("CDPR", or the "Corporation") announces that it will carry out a sonic drilling campaign on its Quiulacocha Tailings in Cerro de Pasco, Peru, in the third quarter of 2022.
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The Institute of International Finance slashed its 2022 growth outlook for global output in half, citing the economic effects of Russia's invasion of Ukraine, China's response to a COVID-19 wave and tighter monetary policy in the United States. The IIF also expects capital flows to emerging markets to shrink by 42% from last year.
LONDON (AP) — Roman Abramovich’s 19-year ownership of Chelsea is ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The government had to be sure that Abramovich, who was sanctioned over his links to Russian President Vladimir Putin after the invasion of Ukraine, did not profit from the enforced sale of the club that his investment turned into one of the most su
All participants at the Federal Reserve's May 3-4 policy meeting backed a half-percentage-point rate increase to combat inflation they agreed had become a key threat to the economy's performance and was at risk of racing higher without action by the U.S. central bank, minutes of the session showed on Wednesday. This month's 50-basis-point hike in the Fed's benchmark overnight interest rate was the first of that size in more than 20 years, and "most participants" judged that further hikes of that magnitude would "likely be appropriate" at the Fed's policy meetings in June and July, according to the minutes. In that context, "participants agreed that the (Federal Open Market) Committee should expeditiously move the stance of monetary policy toward a neutral posture ... They also noted that a restrictive stance of policy may well become appropriate."
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NEW YORK (AP) — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared. Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for The Associated Press. Still, experts say there’s much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women. Jane Stevenson, vice chair, Board & CEO Services at orga
KYIV, Ukraine (AP) — Moscow pressed the West on Thursday to lift sanctions against Russia over the war in Ukraine, seeking to shift the blame for a growing food crisis that has been worsened by Kyiv’s inability to ship millions of tons of grain and other agricultural products due to the conflict. Britain immediately accused Russia of “trying to hold the world to ransom,” insisting there would be no sanctions relief, and a top U.S. diplomat blasted the "sheer barbarity, sadistic cruelty and lawle
Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the highest inflation in four decades. As high inflation has lifted prices of everything from TVs to toothpaste, lower-income consumers have curbed their spending habits, according to stores that cater to them. Higher-income shoppers have shown resiliency, snapping up tailored suits, designer gowns and footwear, according to the department stores that cater to them.
Private equity firm Silver Lake has spent years cultivating and backing chief executives enamored with big deals, a strategy that pays off handsomely when large acquisitions such as the deal between chipmaker Broadcom Inc and cloud computing company VMware Inc come along. Earlier on Thursday, Broadcom said it will acquire VMware for $61 billion, the second-biggest acquisition globally so far this year. Silver Lake, whose assets under management are close to $90 billion, was deeply involved in the negotiations to combine the two companies, according to people familiar with the matter.
The Canadian dollar edged higher against its U.S. counterpart on Wednesday, recovering from its lowest level in nearly a week, as equity markets rallied after the U.S. Federal Reserve released minutes of its latest policy meeting. "The bulk of the Canadian dollar rally has come from the equity market reaction post-FOMC minutes," said Erik Bregar, director, FX & precious metals risk management at Silver Gold Bull. Wall Street rose after the Fed minutes showed policymakers were unanimous in their sentiment that the U.S. economy was very strong as they grappled with how to rein in inflation without triggering a recession.
NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx Minerals", "NGEx" or the "Company") is pleased to report results from hole LHDH076 at the Los Helados copper-gold project located in Region III, Chile. Hole LHDH076 is the best hole drilled on the project to date, measured by copper-equivalent ("CuEq") multiplied by intercept length, and ended in strong mineralization at 1,400m depth. The last sample in the hole returned 1.50% CuEq (1.02% Cu, 0.32 g/t Au, 49.0 g/t Ag). Hole LHDH076 confirms the Company's ne
TOKYO (AP) — Japan will open its borders to foreign tourists in June for the first time since imposing tight pandemic travel restrictions about two years ago, but only for package tours for now, the prime minister said Thursday. Beginning June 10, Japan will allow the entry of people on tours with fixed schedules and guides, Prime Minister Fumio Kishida said. Tourists from areas with low COVID-19 infection rates who have received three vaccine doses will be exempt from testing and quarantine aft
BERLIN (Reuters) -The German economy grew slightly in the first quarter from the previous one, data showed, with higher investments offset by the twin impacts of war in Ukraine and COVID-19 that experts predicted would weigh more heavily in the three months to June. Europe's largest economy grew an adjusted 0.2% quarter on quarter and 3.8% on the year, the Federal Statistics Office said on Wednesday. Construction investments, boosted by mild weather, were up 4.6% from the previous quarter, despite price increases, and machinery and equipment investments rose 2.5%.
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Private equity firm Silver Lake has spent years cultivating and backing chief executives enamored with big deals, a strategy that pays off handsomely when large acquisitions such as the deal between chipmaker Broadcom Inc and cloud computing company VMware Inc come along. Earlier on Thursday, Broadcom said it will acquire VMware for $61 billion, the second-biggest acquisition globally so far this year. Silver Lake, whose assets under management are close to $90 billion, was deeply involved in the negotiations to combine the two companies, according to people familiar with the matter.
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