The revival of America’s industrial base is happening amid pine forests and peanut farms. And it’s being led by a South Korean company.
Category: Foreign Investments
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Bessent Stakes Credibility and Taxpayer Money on Argentina Bet
Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
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Apple, Caught Between U.S. and China, Pledges Investment in Both
In Beijing this week, the company’s chief executive, Tim Cook, made promises similar to ones he’d made at the White House. He also got a custom Labubu.
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Brash Investor in Global Soccer Clubs Is Charged With Fraud
Josh Wander, a Miami businessman, drew scrutiny after buying soccer teams on three continents through 777 Partners, which collapsed after facing spiraling accusations of wrongdoing.
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Big Investors Await Windfall From Trump’s Argentina Bailout
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
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As Witkoff Pitched Mideast Peace, His Son Pitched Mideast Investors
Steve Witkoff’s son recently sought money from Gulf states including Qatar, which has previously invested in Witkoff family projects to win favor with President Trump.
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Funicular Crash Has Jarred Lisbon’s Sense of Itself
Lisbon has transformed itself in recent years into a destination for international investors. A funicular crash that killed 16 people has prompted soul-searching about the changes in the city.
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India’s Investors, Defying Tariffs, Keep Pouring Money Into Stocks
Middle-class Indians have been plowing their savings into the stock market, making it far less vulnerable to the shocks of a trade war.
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Immigration Raid Exposes Tensions From Seoul to Washington to Rural Georgia
The raid at a Georgia plant being built with heavy investment from South Korea reveals strain as a rush to expand manufacturing in the United States clashes with an immigration crackdown.
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Immigration Raid on Hyundai-LG Plant in Georgia Rattles South Korea
The shocked but subdued reaction to the arrest of hundreds of Koreans at the site reflected the delicate position of a government engaged in tense trade talks with the Trump administration.
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Frank Savage, 87, Business Leader Entangled in Enron Scandal, Is Dead
He was one of the relatively few Black Americans to reach the upper echelons of global finance. He was also a competitive sailor.
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Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.