Private investments gradually picking up, but global uncertainty looms: TOI Economists’ Survey – Times of India
The Indian economy is expected to grow close to 7% in this fiscal year, despite global headwinds. While the government...
Capital Expenditure
Foxconn Plans to Invest $170 Million in EV Truck Maker Lordstown Motors
BusinessAutos & TransportationAutos IndustryThe startup plans to use the funds to hire engineers, and will develop an electric vehicle with...
Chip Maker SK Hynix Slashes Capital Spending
SEOUL—SK Hynix Inc., one of the world’s biggest chip makers by revenue, halved its planned investments for next year due...
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup Rivian RIVN 0.57% Automotive Inc. is warning that planned revisions to the EV tax credit would put the...
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
Celsius is a sugar-free, caffeinated beverage that markets itself as a healthy alternative to other energy drinks. Photo: John Parra/Getty...
Starbucks Suspends Buybacks to Invest in Operations as Schultz Returns
Starbucks Corp. said it is suspending billions of dollars in share repurchases, a move that interim Chief Executive Officer Howard...
Capital Spending Boom Helps Raise Productivity, Contain Costs
American businesses are ramping up technology investment and other capital spending as they emerge from the pandemic. If sustained, that...
GM Buys SoftBank’s Stake in Its Driverless Car Unit Cruise
General Motors Co. GM 2.66% said it is buying out SoftBank Vision Fund L.P.’s stake in its Cruise division for...
Hungry for Chips, Huawei Invests in Chinese Companies That Make Them
HONG KONG—Blocked by the U.S. from buying many of the chips it needs, Huawei Technologies Co. is stepping up investments...
Chris Wallace to Depart Fox News, Join CNN+ Streaming Service
Chris Wallace, longtime host of “Fox News Sunday,” is leaving the cable channel to join rival CNN as an anchor...
Appliance Business Cast Off by GE Thrives Under Chinese Ownership
LOUISVILLE, Ky.—When General Electric Co. agreed to sell its appliance unit to a Chinese manufacturer in 2016, the future wasn’t...
Samsung Picks Texas for $17 Billion Chip-Making Factory
AUSTIN, Texas— Samsung Electronics Co. said Tuesday that it plans to invest roughly $17 billion in a semiconductor-making facility in...
Twitter CFO Says Investing in Crypto ‘Doesn’t Make Sense Right Now’
Investing some of Twitter Inc.’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now,” Chief Financial...
WSJ News Exclusive | Coke to Pay $5.6 Billion for Full Control of BodyArmor
Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand...
McDonald’s Introduces Customer-Loyalty Program
McDonald’s Corp. MCD 0.36% said it is rolling out a loyalty program nationally next month, the latest restaurant chain to...
WSJ News Exclusive | First Solar to Build New Solar-Panel Factory in Ohio
WASHINGTON—The biggest American-owned solar-panel maker is set to announce plans Wednesday to invest $680 million in a new Ohio factory,...
TSMC to Invest $100 Billion to Increase Semiconductor Output
TAIPEI— Taiwan Semiconductor Manufacturing Co. , a major chip supplier to Apple Inc., said it would invest $100 billion over...
