×

Top News & Analysis Wisconsin

  • WASHINGTON, July 27- Wisconsin Governor Scott Walker on Thursday defended his plan to give a $3 billion tax break over 15 years to convince Taiwanese electronics manufacturer Foxconn to build a $10 billion LCD flat screen factory. Rival Republican Governor Rick Snyder of Michigan tweaked Walker, saying: "You have to ask what price is Wisconsin paying to get them...

  • MADISON, Wis. _ First Business Financial Services Inc. on Thursday reported second-quarter net income of $1.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. First Business Financial Services shares have fallen 5 percent since the beginning of the year.

  • MILWAUKEE— A Rust Belt state that built a manufacturing legacy through assembly-line jobs will have to quickly transition to a more highly skilled workforce now that Foxconn has selected Wisconsin as the site of its coveted U.S. electronics plant. Foxconn is best known for making iPhones and other Apple products in China. Scott Walker and Foxconn CEO Terry Gou...

  • Foxconn is investing $10 billion in the U.S.

    Foxconn is investing $10 billion in the U.S.

  • Will Wisconsin actually get Foxconn's factory?

    As Apple supplier Foxconn announces its plans to invest in a factory in Wisconsin, Mark Selden, Cornell University's East Asian program research associate, discusses Foxconn's history of going back on promises.

  • Here's what's worrisome about Foxconn's plan to build a plant in the US

    Foxconn announced plans to spend $10 billion to build a manufacturing plant in Wisconsin.

  • Foxconn is perhaps best known for assembling Apple iPhones in China, but that's not what would be made at the plant. Foxconn plans to initially hire 3,000 workers, but the company said that could grow to 13,000 over six years. No exact location for the massive plant has been identified, but Foxconn is eyeing two sites in southeast Wisconsin in Kenosha and Racine...

  • MADISON, Wis.— A judge has ordered computer-maker Apple Inc. to pay more than $506 million in a patent infringement case brought by the Wisconsin Alumni Research Foundation after the two sides agreed on final damages. A jury in 2015 found Apple infringed on a patent held by the foundation, which supports research at the University of Wisconsin-Madison.

  • It's a legislative maneuver so the Senate can pass a bill that a House-Senate conference committee can use as the base to try to work out a comprehensive "repeal and replace" measure. House Speaker Paul Ryan had said the House is willing to negotiate with the Senate. Two Republican senators say House Speaker Paul Ryan's statement that the House is willing to...

  • Foxconn's Wisconsin plant is what globalization is all about: Business Insider's Henry Blodget

    Henry Blodget, Business Insider, discusses the news that Apple supplier Foxconn will invest $10 billion into opening a factory in Wisconsin.

  • SEATTLE/ DETROIT, July 27- United Parcel Service Inc on Thursday reported a higher-than-expected quarterly net profit due to rising ecommerce deliveries but investors worried about the company's performance in the back-half of the year and shares fell 3.1 percent. Atlanta- based UPS posted second-quarter net income of $1.4 billion or $1.58 per share, up...

  • MILWAUKEE— The Latest on the deal for a planned $10 billion Foxconn manufacturing plant in Wisconsin:. Scott Walker and Foxconn CEO Terry Gou watched the white wings of Milwaukee's art museum open over them to mark their agreement to have the electronics manufacturer build its first U.S. plant in Wisconsin. The deal was made official Thursday with the signing of...

  • MILWAUKEE _ Marcus Corp. on Thursday reported second-quarter earnings of $10.1 million. The Milwaukee- based company said it had profit of 36 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Gov. Scott Walker: Foxconn jobs will create an entire 'ecosystem' in 'Wisconn Valley'

    Gov. Scott Walker (R-Wis.) talks about Foxconn's plan to invest $10 billion dollars and bring thousands of jobs to Wisconsin.

  • Foxconn's $10 billion deal took total team effort: Office of American Innovation's Reed Cornish

    Reed Cordish, White House assistant to the president, talks about Foxconn's plan to build an enormous factory in Wisconsin which will create 3,000 jobs.

  • MIDDLETON, Wis. _ Spectrum Brands Holdings Inc. on Thursday reported fiscal third-quarter net income of $76.9 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share. Spectrum Brands shares have risen 0.5 percent since the beginning of the year.

  • NEENAH, Wis. _ Bemis Co. on Thursday reported second-quarter net income of $28 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Six analysts surveyed by Zacks expected $1.04 billion.

  • Here's a closer look at Foxconn. THE COMPANY: Foxconn, also known as Hon Hai Precision Industry Co., is the world's largest contract maker of electronics, with factories across mainland China. "TV was invented in America," Foxconn Chairman Terry Gou said at a White House press conference.

  • WASHINGTON— President Donald Trump says that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in state history. In a White House speech, Trump said the financial commitment by Foxconn CEO Terry Gou was a direct result of his electoral win.

  • Amazon's plans to add 50,000 jobs at a dozen warehouses across the United States and Foxconn's decision to build a $10 billion plant and hire up to 13,000 workers in Wisconsin aren't just feel-good stories of job creation. In the new world, making products in faraway low-wage countries like China can be a disadvantage: It can take too long— weeks, months— to ship...