City Phoenix Financial News
29.11 / 14:03
Digital
Align
Parke
awards
WhatsApp
Macrotech buys 100% stake in Janus Logistics for Rs 48 crore
Realty developer Lodha, listed as Macrotech Developers has made strategic acquisition of a 100% equity stake in Janus Logistics and Industrial Parks Pvt Ltd (JLIPPL) from Phoenix Logistics and Industrial Parks for nearly Rs 48 crore. This strategic move aligns with the company’s vision for growth in digital infrastructure through its Lodha Industrial and Logistics Park (LILP) initiative. No regulatory approvals are required for the acquisition that was conducted on Friday, Macrotech said in a regulatory filing.
20.12 / 07:59
Hollywood
UPS
Entertainment
Remark
Netflix
wellness
President
The Netflix chief who insists he won’t ruin Hollywood
Mark Shapiro, president of WME Group and TKO Group, parent of Ultimate Fighting Championship and World Wrestling Entertainment. He “is completely comfortable with change and evolution.”“Half the town wants to do business with him, and the other half wants an invite just to hang,” Shapiro said.Those invitations are often to Sarandos’s Southern California homes, which include a residence in the Hancock Park neighborhood of Los Angeles and a mansion in Montecito, near Santa Barbara, that he purchased from Ellen DeGeneres and Portia de Rossi for $34 million.
26.03 / 13:51
markets
UPS
Provident
Wipro wins $650 million deal from British insurer Phoenix Group
Wipro, India's fourth largest IT services provider, won a 10-year deal worth 500 million pounds ($645.4 million) from British insurer Phoenix Group, the company said on Wednesday, announcing its second mega deal this financial year. Mega deals, which are typically worth more than $500 million, are key revenue drivers for IT services companies. In June 2024, Wipro announced a $500 million deal with a U.S. communications service provider. The latest deal is for Phoenix Group's ReAssure business where Wipro will work on life and pension business administration.
19.02 / 10:21
markets
Provident
Analysis
Align
Trade
Experts
The Big Short-fame Bill Ackman seeks to build a modern-day Berkshire with Howard Hughes bid
Bill Ackman, known for his prescient market bets, has raised his takeover bid for Howard Hughes Holdings in a bold push to transform the company into a “modern-day” Berkshire Hathaway, drawing inspiration from Warren Buffett’s legendary investment empire. In a series of posts on microblogging platform X, formerly known as Twitter, the founder of hedge fund Pershing Square Capital Management announced a revised proposal to acquire 10 million newly issued shares of Howard Hughes at $90 per share. If the deal proceeds, Pershing Square will own 48% of the Texas-based real estate developer.
30.01 / 13:37
Citi
Provident
Google
Sustainability
Tesla
wellness
testing
Waymo to expand self-driving testing across more US cities
Subscribe to enjoy similar stories. Waymo will test its self-driving taxis with trained human autonomous specialists behind the wheel. Waymo is preparing to test its self-driving taxis in more than 10 new cities across the U.S.
28.01 / 19:05
markets
Citi
pop
information
Videos
Djo unveils new album 'The Crux' alongside global tour dates
Djo, has announced his long-awaited full-length music video album “The Crux” via AWAL recordings. The Crux will be released on April 4th, 2025. In addition to this, he also revealed the dates of his 2025 global tour.
22.01 / 09:31
Citi
Gap
security
Remark
Trade
President
country
Panama, familiar with US intervention, bristles at Trump's comments on canal
President Donald Trump’s insistence that he wants to have the Panama Canal back under U.S. control is feeding nationalist sentiment and worry in Panama, home to the critical trade route and a country familiar with U.S. military intervention
25.12 / 04:43
markets
Williams
Waters
wellness
President
country
social
Will Trump invade Panama?
Subscribe to enjoy similar stories. Forgive us if we missed it, but we don’t recall Donald Trump campaigning to invade Panama and retake its famous canal. But there was the President-elect on the weekend, threatening our Central American ally with punishment if it doesn’t meet his demands.
23.12 / 08:33
Platform
economy
Trade
President
country
social
Features
Trump threatens to take control of Panama Canal, staple of global economy
Subscribe to enjoy similar stories. President-elect Donald Trump threatened to take control of the Panama Canal, accusing the Panamanian government of charging excessive shipping tolls to use the strategic waterway linking the Atlantic and Pacific oceans. “We’re being ripped off at the Panama Canal like we’re being ripped off everywhere else," Trump said at a conservative conference in Phoenix on Sunday, demanding the return of the state-run canal to the U.S.
22.12 / 20:05
Williams
Strategy
Software
President
PAM
Department
mountaineering
Trump vows to rename Denali, North America's tallest mountain, as Mt McKinley
Donald Trump said on Sunday he will rename Denali, Alaska natives' name for North America's tallest mountain, after William McKinley, the 25th U.S. president who was assassinated in 1901. Democratic former President Barack Obama in 2015 officially renamed the mountain as Denali, siding with the state of Alaska and ending a decades-long naming battle. The peak had been officially called Mount McKinley since 1917. «They took his name off Mount McKinley,» Trump said in a speech to supporters in Phoenix. «He was a great president,» Trump, a Republican, said, adding that his administration will «bring back the name of Mount McKinley because I think he deserves it.»
20.12 / 06:51
Racing
Airlines
inclusion
travelers
Discrimination
Courts
American Airlines settles lawsuit filed by 3 Black men who were ordered off a flight
American Airlines said Thursday it has settled a federal race discrimination lawsuit filed by three Black men who were ordered to deboard a flight last January
13.12 / 09:57
COST
UPS
Citi
Dreams
Tesla
wellness
testing
The trouble with Elon Musk’s robotaxi dream
Subscribe to enjoy similar stories. Elon Musk’s choice of Warner Bros Studios for the long-anticipated launch of his robotaxi on October 10th was entirely appropriate. Hollywood’s film studios are as much a dream factory as Tesla, his electric-car company.
05.12 / 18:29
21.11 / 03:37
UPS
Citi
Provident
Waters
Sustainability
recommendations
rights
Feds outline 'necessary steps' for Colorado River agreement by 2026 but no recommendation yet
Federal water officials have made public what they call “necessary steps” for the seven states and multiple tribes that rely on the Colorado River to meet an August 2026 deadline for deciding how to manage the waterway in the future
12.11 / 19:33
Citi
MET
Google
CEO
Tesla
2020
rowing
Waymo's robotaxis now open to anyone who wants a driverless ride in Los Angeles
Waymo on Tuesday opened its robotaxi service to anyone who wants a ride around Los Angeles, marking another milestone in the evolution of self-driving car technology since the company began as a secret project at Google 15 years ago
08.11 / 13:33
UPS
Racing
Celebrity
track
Courts
Sporting
athletics
Michael Jordan might win a Nascar championship—while he’s suing the sport
Subscribe to enjoy similar stories. An entire generation of NBA players found out the hard way that when Michael Jordan wants something, he usually gets it. Now, another sport is learning the same lesson: Nascar.
01.11 / 04:07
markets
Remark
Election
President
show
2020
rights
Harris slams 'offensive' Trump as rivals go west
Harris clapped back Thursday at Donald Trump over what she called his «very offensive» remarks about women, returning reproductive rights to the fore as the rivals took their knife-edge White House race to western battleground states. As each candidate seeks even the slightest of advantages, they have also homed in on immigration and are aiming to woo crucial Latino voters with just five days before the November 5 election. Pop icon Jennifer Lopez will bring her star power to the stage for Harris in Las Vegas, Nevada, as the Democratic vice president and Republican former president chase one another through the seven swing states expected to decide the election winner.
26.10 / 08:31
markets
Digital
Google
Strategy
Experts
testing
rowing
Alphabet's Waymo closes $5.6 billion funding to expand autonomous ride-hailing service
Alphabet's self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ride-hailing service. Automakers and technology companies are investing in autonomous ride-hailing services to capitalize on the technology to drive commercial success, even as it faces widespread skepticism and tight regulatory scrutiny. The investment round also saw participation from existing investors including Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price, Waymo said.
25.10 / 12:33
Booking
Progressive
Mobile
Dreams
show
trumpeter
Whatever happened to flying cars and other promises?
The Long History of the Future: Why Tomorrow’s Technology Still Isn’t Here. By Nicole Kobie. Bloomsbury Sigma; 368 pages; $28 and £18.99Are driverless cars hurtling around technology’s next corner? Not really, though not for lack of trying. The first quasi-autonomous car dates back more than 30 years.
23.10 / 12:35
UPS
Racing
Pool
Golf
folk
fun
travelers
How much fun can you take at your work conference?
Subscribe to enjoy similar stories. PHOENIX—The conference at the 950-room JW Marriott Desert Ridge Resort in early October had everything hotel industry folks could want: Panels with the CEOs of Marriott, Motel 6 and Wyndham. Outlooks on the economy, room rates and travel trends.
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