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Foxconn fourth-quarter revenue up 15.2%

TAIPEI (Reuters) – Taiwan’s Foxconn (SS:601138), the world’s largest contract electronics maker and Apple (NASDAQ:AAPL)’s biggest iPhone assembler, reported on Sunday that its fourth-quarter revenue jumped 15.2%, reaching a record high for the quarter. This post appeared first on investing.com

Trump appoints lawyer Stanley Woodward to White House role

WASHINGTON (Reuters) – Donald Trump on Saturday named Stanley Woodward (NASDAQ:WWD), an attorney who has defended several of the incoming president’s top aides and associates as well as people charged in the Jan. 6, 2021 attack, to join his White…

MicroStrategy aims to raise $2b via preferred stock sale

Investing.com — MicroStrategy, a business intelligence company, has revealed plans to raise up to $2 billion through one or more offerings of perpetual preferred stock. The purpose of the offering is to allow MicroStrategy to continue to strengthen its balance…

FBI says suspect in Cybertruck blast had no animosity towards Trump, had PTSD

WASHINGTON (Reuters) – The FBI said on Friday that the suspect in the Tesla (NASDAQ:TSLA) Cybertruck that exploded outside the Trump International Hotel in Las Vegas had no animosity towards President-elect Donald Trump and likely had post-traumatic stress disorder. The…

PayPal accused of racial bias against Asian Americans in funding program

By Jonathan Stempel NEW YORK (Reuters) – PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to Black and Hispanic applicants, costing…

DOJ urges Supreme Court to reject Trump request to delay TikTok ban law

(Corrects paragraph 5 to remove extraneous ‘not’) By David Shepardson WASHINGTON (Reuters) – The U.S. Department of Justice asked the Supreme Court late on Friday to reject President-elect Donald Trump’s request to delay implementation of a law that would ban…