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Philanthropist MacKenzie Scott grants to Milwaukee-area nonprofits include $15M for Goodwill Industries

MacKenzie Scott, a novelist and philanthropist, has donated nearly $4.2 billion in donations to 384 organizations, including two in Wisconsin — United Way of Greater Milwaukee & Waukesha County and Goodwill Industries of Southeastern Wisconsin......»»

Category: topSource: bizjournalsDec 16th, 2020

Foxconn posts increased April revenues

Foxconn Technology Group (Hon Hai Precision Industry) has reported consolidated revenues of NT$380.93 billion (US$12.72 billion) for April 2020, up 9.6% sequentially and 0.3% on year to set a new April record......»»

Category: topSource: digitimesMay 7th, 2020

Wisconsin Department of Tourism generates $22.2 billion in economic impact in 2019

Tourism Economics reported that in 2019 the Wisconsin Department of Tourism generated $22.2 billion in economic impact. This is part of an annual study the organization does to track state growth in the tourism industry. The state saw one of its biggest.....»»

Category: topSource: bizjournalsMay 4th, 2020

Wisconsin firms set to receive $1.68 billion in loans so far in second round of PPP

The U.S. Small Business Administration began accepting applications for the second round of funding Monday......»»

Category: topSource: bizjournalsMay 3rd, 2020

Foxconn wants its money from Wisconsin

The electronics manufacturer claims it has created enough jobs to begin collecting on the multibillion-dollar incentive package the state offered......»»

Category: topSource: moneycentralApr 9th, 2020

Foxconn reports more than 550 employees, $208M in Wisconsin spending last year

Foxconn Technology Group reported 550 employees in Wisconsin last year, which would.....»»

Category: topSource: bizjournalsApr 8th, 2020

Foxconn posts nearly 60% rise in March revenues

Foxconn Electronics (Hon Hai) has reported consolidated revenues of NT$347.65 billion (US$11.56 billion) for March 2020, up 59.9% sequentially but down 7.7% on year......»»

Category: topSource: digitimesApr 8th, 2020

Foxconn to begin producing ventilators in Wisconsin in 4-6 weeks, Medtronic CEO says

Foxconn's Wisconsin operations will begin manufacturing Medtronic-designed ventilators in an effort to alleviate the shortage of the life-saving equipment during the COVID-19 pandemic, Medtronic CEO Omar Ishrak told CNBC Monday morning. Ishrak, sp.....»»

Category: topSource: bizjournalsApr 6th, 2020

Foxconn profit declines in 2019

Foxconn (Hon Hai) has reported net profit of NT$115.308 billion (US$3.81 billion) for 2019, falling 10.66% on year, with gross margin for the year dropping to a record low of 5.91%......»»

Category: topSource: digitimesMar 31st, 2020

UK paves way for multi-billion pound bailout of airlines: Times

The British government is paving the way for a multi-billion pound bailout of airlines by lifting a cap on level of financial support it can provide, the Times newspaper reported on Wednesday......»»

Category: topSource: reutersMar 18th, 2020

Foxconn offers incentives for workers in China

Foxconn Technology is.....»»

Category: topSource: digitimesFeb 25th, 2020

Miller Park has delivered $2.5 billion impact to Wisconsin, study shows

More than 20 years after the groundbreaking of Miller Park, the home stadium for the Milwaukee Brewers, officials have determined the return on investment for Wisconsin and the city of Milwaukee, and it's pretty substantial. An independent study.....»»

Category: topSource: bizjournalsFeb 17th, 2020

TaxWatch: ‘It’s just unfair they could deny this claim.’ A Wisconsin couple missed a $7,386 refund — but they say it’s not over yet

More than 1.2 million people last year may have missed out on long-owed refunds, totaling $1.4 billion......»»

Category: topSource: marketwatchJan 16th, 2020

TaxWatch: ‘Admittedly, this result seems harsh.’ A Wisconsin couple missed a $7,386 tax refund — a judge just upheld the ruling

Over 1.2 million people last year missed may have missed out on long-owed refunds, totaling $1.4 billion......»»

Category: topSource: marketwatchJan 16th, 2020

Sharp’s Japan Play Doesn’t Bode Well for Wisconsin

The U.S. state increasingly looks like being squeezed out by Foxconn adding capacity elsewhere......»»

Category: topSource: washpostDec 27th, 2019

Foxconn Plays Tax-Credit Poker With Wisconsin in Troubled Deal

There’s still a way forward, provided both sides want to patch things up......»»

Category: topSource: washpostDec 18th, 2019

Gov. Evers, WEDC chief pledge to "communicate" with Foxconn over contract standoff

Wisconsin Gov. Tony Evers and the CEO of the Wisconsin Economic Development Corp. said they’re planning to work on the state’s relationship with Foxconn Technology Group in light of a standoff over whether it’s necessary to amend the company.....»»

Category: topSource: bizjournalsDec 17th, 2019

Wisconsin governor Tony Evers" aide: No tax credits for new Foxconn plant

Gov. Tony Evers' top aide warned Foxconn last month that a factory in Wisconsin won't qualify for tax credits.....»»

Category: topSource: foxnewsDec 16th, 2019

Amazon scouting Central Ohio for $1.6B data center development; Hilliard OK"s incentives

Amazon Web Services is scouting several sites in Central Ohio and elsewhere for two new data farms with four buildings apiece, a total investment of $1.6 billion, according to Hilliard economic development officials trying to land the project......»»

Category: topSource: bizjournalsDec 12th, 2019

Foxconn likely will be a drag on Wisconsin economy, researchers suggest

Foxconn probably will end up creating a net loss to Wisconsin's economy, a study from a think tank at Geor.....»»

Category: topSource: usatodayNov 29th, 2019