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PPL Corp. to invest about $14B across U.S.,U.K. businesses over next five years

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 14th, 2020

Xiaomi Plans To Invest Over $7B In 5G, Artificial Internet Of Things

Chinese electronics company Xiaomi Corp (OTC: XIACF) is planning to invest over $7 billion in artificial intelligence of things (AIoT) and fifth-generation (5G) internet technologies over the next five years, 0.....»»

Category: blogSource: benzingaJan 2nd, 2020

Xiaomi to invest $7 billion in 5G, AI and IoT over next five years

Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows......»»

Category: topSource: reutersJan 2nd, 2020

Bank of America puts investments over cost cuts as "operating leverage" fades

For the first time in nearly five years, Bank of America Corp did not rely on cost cuts to amplify profits – the latest sign of big U.S. banks prioritizing investments in their businesses over short-term gains......»»

Category: topSource: reutersOct 16th, 2019

Elliott revives call to split Marathon Petroleum into three

Elliott Management Corp on Wednesday urged Marathon Petroleum Corp to split into three companies, saying it would boost shareholder value by as much as $40 billion, three years after it asked the refiner to consider spinning off businesses......»»

Category: topSource: reutersSep 25th, 2019

Elliott renews demand to split Marathon Petroleum

Elliott Management on Wednesday renewed its demand for Marathon Petroleum Corp to split into three companies, three years after the activist investor asked the refiner to review its operations and consider spinning off businesses......»»

Category: topSource: reutersSep 25th, 2019

Toyota invests $391 million in its Texas truck assembly plant

Toyota Motor Corp said on Tuesday it was investing $391 million in its pickup truck assembly plant in San Antonio, Texas, as part of the Japanese automaker's plan to invest $13 billion in its U.S. operations over five years through 2021......»»

Category: topSource: reutersSep 17th, 2019

Toyota invests $391 million at its Texas truck assembly plant

Toyota Motor Corp said on Tuesday it was investing $391 million at its truck assembly plant in San Antonio, Texas, as part of the Japanese automaker's plan to invest $13 billion in its U.S. operations over five years through 2021......»»

Category: topSource: reutersSep 17th, 2019

Grab commits $2 billion to Indonesia with SoftBank"s backing

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan's SoftBank Group Corp, marking its biggest commitment in the region's most populous market......»»

Category: topSource: reutersJul 29th, 2019

Grab to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan's SoftBank Group Corp, which wants to increase its exposure to the region's most populous market......»»

Category: topSource: reutersJul 29th, 2019

Grab says to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japanese technology investor SoftBank Group Corp ......»»

Category: topSource: reutersJul 29th, 2019

Exxon plans to invest up to $100M over 10 years in lower-emissions R&D

ExxonMobil Corp. (NYSE: XOM) announced Wednesday that it plans to invest up to $100 million over 10 years in testing around energy efficiency and greenhouse gas mitigation. The R&D for the energy giant will be in collaboration with the U.S. Departm.....»»

Category: topSource: bizjournalsMay 8th, 2019

Exxon Mobil to invest up to $100 million over 10 years with DOE on R&D of lower-emissions technologies

Exxon Mobil Corp. said it will invest "up to" $100 million over 10 years on research and dev.....»»

Category: topSource: marketwatchMay 8th, 2019

Pella to invest $20M, create 124 jobs in Triad county

Iowa-based Pella Corp. has selected Rockingham County for a $20 million vinyl window manufacturing operation expected to create 124 jobs and grow the state's economy by $247 million over 12 years. The company will occupy an existing 150,000-square-fo.....»»

Category: topSource: bizjournalsMay 7th, 2019

Businesses investing in our neighborhoods must invest in our people

As businesses and investors make their way into New York City neighborhoods that were not on their radar 10 or 15 years ago, they have a responsibility to be good neighbors and community members.... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 24th, 2018

Rupert Murdoch"s News Corp. falls most in five years on Foxtel spending

Rupert Murdoch’s News Corp. fell the most in more than five years after the company said it will invest more in its Australian cable network. On an earnings call Thursday, Chief Financial... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 10th, 2018

Toyota to invest $500 million in Uber for self-driving cars

Toyota Motor Corp will invest $500 million in Uber to jointly work on developing self-driving cars, a source familiar with the matter said on Monday, a bid by both companies to catch up to rivals in the hotly competitive autonomous driving businesses......»»

Category: topSource: reutersAug 27th, 2018

McDonald"s to invest $205 million in South Africa over next five years

U.S. fast-food giant McDonald's Corp will invest 3 billion rand ($205 million) in South Africa over the next five years, the company said on Friday......»»

Category: topSource: reutersOct 26th, 2018

Intel and esports company ESL agree to invest more than $100 million in industry over three years

Intel Corp. and esports company ESL said Thursday that they've extended their partnership and reached a deal in which they will together invest more than $100 million in the esports industry over three years. Intel sponsors a "grand slam" tourn.....»»

Category: topSource: marketwatchDec 13th, 2018

Elliott urges eBay to restructure business to double market value

EBay Inc shareholder Elliott Management Corp on Tuesday urged the e-commerce platform to restructure its business and sell some businesses to double its market value in the next two years......»»

Category: topSource: reutersJan 22nd, 2019

Berger agrees to join OhioHealth as 12th hospital

Berger Health System will join OhioHealth Corp. in the spring as its 12th member hospital, and the Columbus system has pledged to invest $46 million into Burger in the next five years. Circleville City Council, Pickaway County Commissioners and the ho.....»»

Category: topSource: bizjournalsJan 23rd, 2019