It was the third trigger of the recession indicator in less than two weeks.Bondsread more
Overstock CEO Partick Byrne has resigned from the e-commerce company after making controversial comments about his role in the "Deep State."Technologyread more
U.S. manufacturer growth slowed to the lowest level in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
Philadelphia Fed President Patrick Harker said he doesn't see the case for additional stimulus after the Federal Reserve's July rate cut.The Fedread more
Stocks fell, giving up earlier gains as investors wondered whether the Federal Reserve will cut interest rates next month.US Marketsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
German Chancellor Angela Merkel said a solution to the Irish "backstop" is possible before the October 31 Brexit deadline.Europe Economyread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
While Volkswagen may not want to invest in Tesla, the U.S. carmaker has been scouting locations in Europe for a new Gigafactory there.Autosread more
(Adds details, background)
WASHINGTON, May 2 (Reuters) - Foxconn chairman Terry Gou met U.S. President Donald Trump at the White House on Wednesday to discuss the status of the Taiwanese company's planned investment in Wisconsin, Foxconn said on Thursday.
Foxconn pledged to create 13,000 jobs and build a $10 billion campus in Wisconsin, but it has not met early hiring targets and has said it has been reconsidering its plans.
The White House has repeatedly refused to confirm if any visit was planned and did not immediately comment on Thursday.
The Apple supplier said in a statement the two discussed the Wisconsin project and other issues.
Gou, a billionaire who said last month he plans to run for president of Taiwan, also told Trump he would seek U.S. support for his country if he wins, The South China Morning Post newspaper reported.
Foxconn, formally known as Hon Hai Precision Industry Co Ltd , said last month it remained committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the state's Governor Tony Evers said he wanted to renegotiate the deal.
Evers, who inherited a deal to give Foxconn $4 billion in tax breaks and other incentives when he took office in January, said he wanted renegotiation because the firm is not expected to reach its job creation goals for the state.
(Reporting by David Shepardson Editing by Chizu Nomiyama and Sonya Hepinstall)