January 30, 2019

Exclusive: Foxconn reconsidering plans to make LCD panels at Wisconsin plant

Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly […]
January 30, 2019

Wisconsin governor’s office says evaluating shift in Foxconn LCD display project

The Office of the Governor of Wisconsin said Wednesday it is evaluating changes in Foxconn Technology Group’s project in the state after Reuters exclusively reported the […]
January 30, 2019

Stocks surge on Fed pledge to pause, dollar slips

The dollar slid and equities surged on Wednesday, fueled at first by Boeing and Apple’s results and later by the Federal Reserve pledging to be patient […]
January 30, 2019

Big thumbs-up from Wall Street after Fed signals patience on rates

U.S. stocks surged on Wednesday after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a […]
January 30, 2019

JPMorgan CEO: ‘No problem’ paying higher taxes if used properly

JPMorgan Chase Chief Executive Officer Jamie Dimon, who leads one of Wall Street’s biggest banks, said on Wednesday that the ultra-rich could afford to pay more […]
January 30, 2019

U.S. private payrolls rise strongly; housing market struggling

U.S. private payrolls increased solidly in January, pointing to sustained labor market strength despite a recent easing in consumer and business confidence that has suggested a […]
January 30, 2019

Luxury stocks may yet lose luster despite China’s taste for Vuitton

Even if LVMH is right that Chinese demand is as strong as ever for items like its $3,150 Louis Vuitton mini-backpacks, there are still plenty of […]
January 30, 2019

Siemens steels itself for EU rejection of rail merger with Alstom

Siemens will accept defeat if the European Union rejects its pleas to allow it to combine with Alstom to create a powerful Franco-German rail business. Powered […]
January 30, 2019

U.S., China launch high level trade talks amid deep differences

The United States and China were set to try again on Wednesday to dig out from a damaging trade war with a new round of high-level […]
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