Business
Foxconn Technology Group will be eligible for just $80 million in taxpayer subsidies under a new contract signed Tuesday, down from nearly $3 billion it could have received under the original deal that envisioned a much larger ...
Apr 21, 2021
0
4
Business
Foxconn Technology Group, the world's largest electronics maker, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov. Tony Evers and the the company announced ...
Apr 19, 2021
0
4
Automotive
Volkswagen and Germany's largest industrial union have agreed on a 23-month wage deal that provides a 1,000 euro bonus recognizing employee efforts during the coronavirus pandemic and a 2.3% wage increase from January 2022.
Apr 13, 2021
0
5
Business
The Canadian government and Air Canada announced Monday they have reached a financial aid plan in the form of loans to help the country's largest airline recover from the coronavirus pandemic.
Apr 13, 2021
0
4
Business
Microsoft is to acquire artificial intelligence and cloud computing company Nuance for $19.7 billion, bolstering its healthcare presence with a leader in voice recognition technology.
Apr 13, 2021
0
7
Japanese investment giant SoftBank Group will buy a 40 percent stake in Norwegian robotics company AutoStore in a deal worth $2.8 billion, the two firms said.
Apr 06, 2021
0
6
Business
Air Canada has called off its planned takeover of tour operator Transat over EU regulatory hurdles, they announced Friday—scuppering a deal that would have created a domestic giant with a 60 percent share of the Canadian ...
Apr 02, 2021
0
6
Business
In the latest news of consolidation in the literary world, Rupert Murdoch's News Corp. announced Monday it's buying Houghton Mifflin Harcourt's book-publishing division, which includes such blockbuster releases as J.R.R. ...
Mar 29, 2021
0
5
Business
News Corp and Facebook have reached pay deals for news in Australia three weeks after the government passed laws that would make digital giants help cover the costs of journalism.
Mar 16, 2021
0
5
Business
China's market regulator said Friday that it fined a dozen companies, including games company Tencent Holdings and Chinese search engine firm Baidu Inc., for not disclosing past deals as authorities step up anti-monopoly ...
Mar 12, 2021
0
5
