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White House trade advisor says Foxconn project 'will bear great fruit'

madison.com - Business

THE LEAD

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White House trade advisor says Foxconn project 'will bear great fruit'

President Donald Trump's top trade advisor Peter Navarro praised Wisconsin's controversial Foxconn manufacturing project, despite lingering questions surrounding the Taiwan-based company's contract for billions in state tax credits. Read more

MORE MADISON-AREA BUSINESS NEWS

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White House trade advisor says Foxconn project 'will bear great fruit'

President Donald Trump's top trade advisor Peter Navarro praised Wisconsin's controversial Foxconn manufacturing project, despite lingering questions surrounding the Taiwan-based company's contract for billions in state tax credits. Read more

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Madison-based Aprilaire hiring 70 employees

Business for Aprilaire, which manufactures appliances to manage air quality, humidity and temperature for homes, is growing due to the COVID-19 pandemic. Read more

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American Family Insurance cuts jobs by consolidating claims departments

American Family Insurance would not disclose how many employees took severance packages while it merges the claims departments of its various insurance brands. Read more

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PSC extends utility shutoff ban through April; 10,000 could lose water service this fall

Voicing concern over the ongoing public health implications, Public Service Commissioners voted 2-1 Thursday to extend a disconnection moratorium that was originally put in place in March and was scheduled to expire Oct. 1. Read more

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Committee extends suspension of unemployment work search requirements

The state's unemployment rate for August was 6.2%, down from July's revised rate of 7.1%. Read more

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Tommy Bartlett Show to close permanently after losing 2020 season to COVID-19 pandemic

After 69 years as one of the leading attractions in the Wisconsin Dells area, the Tommy Bartlett Show announced Wednesday that it would close permanently after losing the 2020 season to the COVID-19 pandemic. Read more

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Stoughton Trailers set to hire 300 new employees

Stoughton Trailers will hire 300 new employees at various skill levels at its Stoughton and Brodhead plants, the company announced Wednesday.  Read more

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Struggling Kraft Heinz sells dairy brands to Lactalis

The $3.2 billion sale includes Kraft Heinz production facilities in Tulare, California; Walton, New York; and Wausau. About 750 employees at those plants will transfer to Lactalis Group. Read more

LATEST NATIONAL BUSINESS NEWS

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Trump's 3 Most Ridiculous Social Security Ideas

These proposals either had little chance of being effective or would have made things worse for Social Security. Read more

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The Latest: Global virus cases top 30 million, tally shows

LONDON - Confirmed cases of the coronavirus have topped 30 million worldwide, according to a Johns Hopkins University tally. Read more

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Spanish banks merge in sign of hard economic times ahead

LISBON, Portugal (AP) — Two of Spain's biggest banks said Friday they were merging, pushed together by a need to weather tough economic times that likely will cost thousands of jobs. Read more

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Apple to launch first online store in India next week

NEW DELHI (AP) — Apple announced Friday that it will launch its first online store in India next week, as it seeks to increase sales in one of the world's fastest-growing smartphone markets. Read more