Markets

Foxconn considers $7 billion US display factory in cooperation with Apple

The plans have been under discussion since 2014, and could deliver tens of thousands of new jobs<p>Chinese manufacturing giant Foxconn is considering investing $7 billion to build a new factory in the US assembling flat panel screens. Reports from <i>The Wall Street Journal</i> and the <i>Nikkei Asian Review</i> say …

Technology (UK)

Amazon’s next frontier to conquer? Auto parts

Amazon boss Jeff Bezos, whose online behemoth is likely to become the country’s No. 1 apparel retailer this year, is setting his sights on what could …

Business

One out of every 100 Americans took to the street for the Women’s March, according to estimates

On Saturday (Jan. 21), Women’s March protests flooded public spaces in hundreds of cities across the US. The size of the demonstrations, which appear to have been uniformly peaceful, was a surprise even to organizers. In Washington, DC, estimates range from 500,000 to 1 million people attendees—so …

JP Morgan Sees U.S. Telecom Consolidation, T-Mobile Deal

U.S. telecom sector could be on the brink of a major consolidation under President Donald Trump's likely more merger-friendly administration, said JP Morgan Securities, which now sees a 90 percent chance of T-Mobile US being involved in a strategic transaction in the next five years.<p>T-Mobile could …

Net Neutrality

Apple Says Qualcomm Overcharged For Chips and It’s Suing for $1 Billion

Apple (aapl) filed a $1 billion lawsuit against supplier Qualcomm (qcom) on Friday, days after the U.S. government accused the chip maker of …

Qualcomm

Japan's first passenger jet delayed by another 2 years

<b>Hong Kong (CNN) —</b> Japan's first ever homegrown commercial jetliner is facing yet another big delay.<p>Mitsubishi Aircraft Corp. said Monday that it now doesn't expect to deliver the first plane until mid-2020. That's two years later than the previous schedule and the fifth time in less than eight …

Aviation

No end to Takata stock freefall

Shares of troubled Japanese airbag maker Takata have continued their downward slide as the company braces for a drawn-out bankruptcy restructuring. The firm is at the center of the auto industry's biggest recall.<p>Takata shares tumbled again on Monday, diving nearly 18 percent on the Tokyo Stock …

21st Century

Dollar slump; Samsung's blame game; McDonald's earnings

<b>London (CNN) —</b> <b>1. Dollar slump:</b> The U.S. dollar is losing ground against major currencies in the wake of President Donald Trump's inauguration.<p>"President Trump's inaugural address has been interpreted as a retreat from America's global leadership role," said Paul Donovan, global chief economist at …

Samsung

Alibaba Could Silence Critics With Its Earnings On Tuesday Morning

Alibaba is set to announce results for its December quarter early Tuesday morning before the market opens, followed by a conference call at 7:30 a.m. EST.<p>Besides earnings, Alibaba is currently faced with the constant and strident negativity regarding Chinese companies in addition to President …

China

China's "Hedge Fund Brother No.1" sentenced to 5-1/2 years in prison - court

Xu Xiang, the Chinese hedge fund manager detained in the wake of the country's stock market crash in 2015, was sentenced on Monday to 5-1/2 years imprisonment for market manipulation.<p>Xu, general manager of Shanghai-based Zexi Investment, who earned nicknames like "Hedge Fund Brother No.1" and …

Market Manipulation

Berkshire Unit Buying German Pipe Company: Report

A unit of Warren Buffett's Berkshire Hathaway Inc. is buying a German maker of pipe components, Willhelm Schulz GmBH, according to a report in the Handelsbatt newspaper on Monday. In a comment to the newspaper, Mark Donegan, the chief executive officer of Berkshire's Precision Castparts, said the …

Pain Is Coming for Emerging Market Bonds - Bloomberg Gadfly

Forget trade wars, protectionism and all the tough talk coming from the Twitter account of President Donald Trump. It hasn't been this safe to own …

Stocks

Merger of Bovis and Berkeley on shaky ground

A City attempt to lay the foundations of a £5bn merger of Bovis Homes and Berkeley Group is on shaky ground, with Berkeley understood to have rejected the idea.<p>Schroders, Bovis’ biggest shareholder, wrote to Berkeley proposing an all-share merger following a difficult trading period for Bovis which …

Business

Now’s the time to bet on Africa’s supermarkets

The investment case for Africa requires taking the long view, especially when it comes to thinking about serving consumers on the continent.<p>Yes, it’s true Africa’s macroeconomic environment has slowed down overall, in spite of several bright spots. It’s also true that the rate of growth of Africa’s …

Business (UK)

Alibaba Needs Great Results, Not Just Good Ones

Alibaba Group Holding Ltd. appears headed for another blowout quarter, but investors will be harder to please.<p>The Chinese e-commerce giant is seen reporting record quarterly revenue when results are unveiled Tuesday. Analysts polled by S&P Global Market Intelligence expect sales of 50.4 billion …

Business

General Motors Puts $1 Billion Worth Investment Plan For India On Hold

General Motors

3 Things to Watch When Starbucks Corporation Posts Earnings

Image source: Getty Images.<p><b>Starbucks</b> (NASDAQ: SBUX) will post results for its fiscal first quarter after the market closes on Thursday, Jan. 26. Here's what investors should watch for as the beverage giant kicks off a new fiscal year.<p>Traffic jam<p>Motley Fool Founders Issue New Stock Buy Alert<br>• Forget …

Investing

Johnston Press calls in debt restructurers

The interim chairman of the debt-saddled newspaper publisher Johnston Press has called in restructuring experts in an attempt to steer the company through a potential financial crunch.<p>Camilla Rhodes, a former senior executive in Rupert Murdoch’s British newspaper operation, has asked Rothschild to …

Business

Dixons Carphone due to ring up festive sales rise

Dixons Carphone is expected to prolong the festive cheer for retailers this week by reporting a jump in sales, before it introduces price rises in response to the weakness of sterling.<p>The company behind Currys, PC World and Carphone Warehouse enjoyed a record Black Friday in November as a surge in …

Business

7 Things Investors Need to Know for Building a Better Path in 2017

By Richard Brink via Iris.xyz Rising volatility and yields. Toppy valuations. Global policy uncertainty. To handle these bumps in the road, investors need to build a better return path focused on strong up/down capture. Further, we see seven key themes affecting that path ahead. Click here to read …

With Trump renewing vow to renegotiate Nafta, here's some of the most vulnerable companies

On his second full day in office, President Donald Trump reiterated his campaign promise to renegotiate NAFTA, a move which would have a large impact …

Nafta

Alibaba: Worth $100 After Earnings

The uncertainties around U.S.-China trade relations are dissipating.<p>Alibaba's stock is recovering, but may resume uptrend after quarterly …

Investing

Markets Always Have a Way of Surprising Us – Is This That Year?

By Rick Kahler via Iris.xyz You know we are in a long-running bull market when you see people at the gym keeping one eye on their smart phones to see if the Dow Jones Industrial Average has finally breached the 20,000 mark. With so much uncertainty at this time last year, nobody could have …

Dow Jones Industrial Average

The company bringing Ford's original GT40 back to life

<b>Johannesburg (CNN) —</b> In South Africa, a small company is bringing racing history to life.<p>Cape Advanced Vehicles is building replicas of the iconic Ford GT40 using the same body molds that were used to produce the original version of the legendary track car.<p>Production started in 1999, and the …

Business

Shanghai Shares at 2-Week High

China's main share index ended at a two-week high on Monday, but pared some of its earlier gains in thin turnover as investors were reluctant to stake out fresh positions ahead of the country's biggest holiday.<p>Most sectors were largely unchanged but gains were led by the materials sector, …

Business

Asia to open mixed after US stocks closed higher

Futures pointed to a mixed open for Asian equities, after a weekend dominated with Donald Trump inauguration headlines, including plans to possible …

NAFTA

BHP outlook stablises amid forecast upgrade

Ratings agency Standard and Poors has lifted its outlook for BHP Billiton to stable from negative, reaffirming its "A" credit rating.<p>It comes as SP …

Australian News

Philips Lighting CEO: We'll Return to Growth in 2017

Eric Rondolat, Philips Lighting chief executive officer, discusses the company's earnings, growth prospects and strategy with Bloomberg's Anna …

Business

Ford Is Turning to Tech to Make Buying a Car Less Painful

Ford Motor is rolling out software designed to eliminate the time-consuming and, as it turns out, much-loathed chore of buying and financing a new …

Technology

Hong Kong Shares Edge Up

Hong Kong stocks closed marginally higher on Monday, thanks to support from a solid resource sector.<p>Both the benchmark Hang Seng index and the Hong Kong China Enterprises Index were up 0.1 percent at the close, to 22,898.52 points and 9,726.82 points respectively.<p>The market was under profit-taking …

Hong Kong