Foxconn chairman plans to step down in coming months, Reuters reports
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Nissan to make fewer cars in China in months ahead as demand slows: source
Nissan will produce 30,000 fewer vehicles in the coming months in China than previously planned, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world's biggest car market. Pascale Davies reports......»»
Foxconn vows to build Wisconsin plant after talk with Trump
Foxconn Technology said on Friday it will build a factory in Wisconsin after the company's chairman spoke to U.S. President Donald Trump, following a Reuters report earlier this week that the Taiwanese company was reconsidering its plans......»»
A Major Step In Federal Cannabis Legalization Said To Come This Week
Citing multiple sources, Marijuana Moment reports that a federal cannabis legalization bill will likely make another appearance in the House of Representatives this week. The blog said that House Judiciary Committee Chairman Jer.....»»
Stellantis, Foxconn to announce partnership on Tuesday, Reuters reports
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Intel confirms plans to spend $10B on new chip plant in Israel, Reuters reports
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VW warns chip shortage to curb output in coming months, Bloomberg reports
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Tesla plans launch of self-inspection, rectify service in China, Reuters reports
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Foxconn shares rise over 3% after news of talks with Vinfast, Reuters reports
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House Antitrust chairman to release bills targeting Big Tech, Reuters reports
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Foxconn to choose site for North American EV plant within months, Nikkei reports
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Telecom Italia plans to cut up to 1,300 jobs in Italy this year, Reuters reports
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Foxconn-backed Byton could go public via SPAC deal, Reuters reports
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CNN President Jeff Zucker plans to step down, NY Times reports
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Baidu plans formation of smart EV company, Reuters reports
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J.C. Penney set to file for bankruptcy in coming days: reports
J.C. Penney Co. Inc. is poised to file for bankruptcy protection in the coming days, according to multiple reports Thursday. Reuters reported the filing could come next week, while CNBC rep.....»»
Toyota plans to cut NA vehicle output through Oct. by 29% y/y, Reuters reports
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J.C. Penney plans to file for bankruptcy as soon as next week, Reuters reports
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Samsung heir Lee apologizes over succession plans, Reuters reports
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Turkish Airlines plans to resume limited flights in June: draft
Turkish Airlines plans a gradual resumption of flights from June and will take four months to return to near full operation, a draft plan seen by Reuters showed, as the economy reopens following a slowdown in coronavirus cases......»»
Yum China keeps bets on dine-in, sticks to expansion plans after virus
Yum China is betting that Chinese consumers will still choose to dine-in in the aftermath of the coronavirus crisis and plans to open more Pizza Hut and KFC outlets in China's smaller cities in the coming months, its chief executive said......»»