Business

Samsung Plans U.S. Expansion, Would Shift Manufacturing From Mexico – WSJ

  (WSJ) SEOUL— Samsung Electronics Co. is planning a major investment to expand its U.S. production facilities, according to people familiar with the matter, with at least five states in discussions. The initial capital investment is expected to be around $300 million, several of the people said, with Samsung shifting some production of oven ranges […]

Business

Monsanto: Shareholders Approve $66 Billion Acquisition by Bayer | Fortune.com

  (Fortune) Shareholders of U.S. seeds and agrochemicals company Monsanto (MON, +0.36%)approved the company’s $66 billion acquisition by Bayer AG (BAYRY, +0.08%) on Tuesday, a deal that still requires regulatory approval to close as expected in late 2017. Increased research and development spending by the combined companies and plans to develop a global seeds and […]

Business U.S. News

Dow breaks above 21,000 as stocks hit all-time highs after Trump’s speech – CNBC

(CNBC) U.S. equities traded sharply higher on Wednesday, with the Dow Jones industrial average climbing above 21,000 for the first time, on the back of President Donald Trump’s speech to Congress. The Dow advanced more than 200 points with Goldman Sachs contributing the most gains. The 30-stock index first closed above 20,000 on Jan. 25. […]

Business Technology U.S. News

Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs | Zero Hedge

(Zero Hedge) In yet another awkwardly rational response to government intervention in deciding what’s “fair”, the blowback from minimum wage demanding fast food workers has struck again. Wendy’s plans to install self-ordering kiosks in 1,000 of its stores – 16% of its locations nationwide. “Last year was tough — 5 percent wage inflation,” said Bob […]

Business U.S. News

Spicer Says Feds to Step Up War Against Marijuana | The Daily Sheeple

As if this place wasn’t already a ‘papers please’ police state enough, now White House Press Secretary Sean Spicer has announced that Trump’s Administration is about to ramp up the failed drug war against cannabis on the same day that Attorney General Jeff Sessions (referred to as a “drug war dinosaur” for his stance on […]

Business Technology

Google-Founded Company Sues Uber over Alleged Self-Driving Car Tech Theft – Breitbart

SAN FRANCISCO (AP) — A self-driving car company founded by Google is colliding with ride-haling service Uber in a court battle revolving around allegations of betrayal, high-tech espionage and greed. The brewing showdown emerged late Thursday in a lawsuit filed in a San Francisco federal court by Waymo, a once-secretive self-driving company hatched by Google […]