Trump announces $10 billion Foxconn plant in Wisconsin – ABC News

President Donald Trump said Wednesday that Electronics giant Foxconn will build a $10 billion factory in Wisconsin that’s expected to create 3,000 jobs. The announcement comes at a critical juncture for a Trump administration that pledged to generate manufacturing jobs but has struggled to deliver results as quickly as the president promised. Trump’s plans for […]

Facebook Reports Stellar Second Quarter; Revenue, Earnings Beat Estimates – Forbes

Facebook Reports Stellar Second Quarter; Revenue, Earnings Beat Estimates – Forbes

(Getty Images) Facebook reported a strong second quarter earnings on Wednesday, with revenue and earnings that beat analysts’ estimates. reported a strong quarter on Wednesday, with revenue and earnings that beat analysts’ estimates, thanks to strong demand for the social network’s mobile ads and impressive user growth across its suite of apps. Revenue in the second quarter, […]

Trump Says Apple CEO Has Promised to Build Three Manufacturing Plants in US – Wall Street Journal (subscription)

President Donald Trump on Tuesday said in an interview that Apple Inc. Chief Executive Tim Cook has committed to build three big manufacturing plants in the U.S., a surprising statement that would help fulfill his administration’s economic goal of reviving American manufacturing. Mr. Trump, in a 45-minute interview with The Wall Street Journal, said Mr. […]

Uber seeks to butter up its drivers – CNNMoney

Uber wants to be nicer to its drivers. The ride-hail service announced new policies Tuesday that, the company hopes, will quiet some dissent within its driver ranks and make itself a more attractive employer. Drivers will no longer be punished for things beyond their control, and they’ll be rewarded for going above and beyond the […]

Alphabet beats Wall Street estimates; revenue up 21 percent – Reuters

(Reuters) – Alphabet Inc surpassed expectations for quarterly revenue and earnings on Monday, reporting higher advertising sales across its platforms and trying to move past a record $2.7 billion European Union fine by taking the entire charge at once. On a consolidated basis, revenue rose about 21 percent to $26.01 billion in the second quarter […]

Democrats are slamming cable and telecom companies in their new ‘Better Deal’ platform – Washington Post

Senate Minority Leader Charles E. Schumer (D-N.Y.), accompanied by other congressional Democrats, speaks in Berryville, Va., on Monday to unveil the party’s new economic agenda. (Cliff Owen/AP) Democrats are taking cable and telecom companies to task over what many consumers have long bemoaned: rising prices and a lack of competition in the industry. According to a […]

Japan Captures More Photographs of Likely Melted Fukushima Fuel – Bloomberg

A trove of new images captured in the past few days show what is likely to be melted nuclear fuel from inside one of Japan’s wrecked Fukushima reactors, a potential milestone in the cleanup of one of the worst atomic disasters in history. Tokyo Electric Power Co. Holdings Inc., Japan’s biggest utility, released images on […]

For Tesla, Model 3 marks a big push and a big test – The Mercury News

PALO ALTO — It’s new, sleek, fast and carries the hottest nameplate in the automotive world — Tesla. Related Articles Experts: Scrapped electric-car plant may mean industry woes Tesla falls short in insurance industry crash test Volvo going all in on electric, is first major carmaker to forgo traditional engines Biz Break: Google on thin ice […]

German Carmakers Face Potential New Scandal Over Antitrust Issues – New York Times

The commission said that it and the German Cartel Office “have received information on this matter, which is currently being assessed by the commission.” The statement gave no details. “It is premature at this stage to speculate further,” the commission said. Spokesmen for Volkswagen, Daimler and BMW declined to comment on Saturday. Volkswagen and Daimler […]

Japan Pictures Likely Show Melted Fukushima Fuel for First Time – Bloomberg

Japan Pictures Likely Show Melted Fukushima Fuel for First Time – Bloomberg

New images show what is likely to be melted nuclear fuel hanging from inside one of Japan’s wrecked Fukushima reactors, a potential milestone in the cleanup of one of the worst atomic disasters in history. Tokyo Electric Power Co. Holdings Inc., Japan’s biggest utility, released images on Friday showing a hardened black, grey and orange […]

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