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BusinessReutersKorean Air sells five jets to U.S. aerospace firm Sierra Nevada
Korean Air will sell five of its planes to U.S. aerospace firm Sierra Nevada Corporation, the airline said in an exchange filing on Wednesday. Sierra Nevada recently won a $13 billion U.S. Air Force contract to develop a successor to the E-4B Nightwatch, known as the Doomsday plane due to its ability to survive a nuclear war and act as a command and control centre during emergencies. Sierra Nevada did not immediately respond to a request for comment.
PoliticsAssociated Press FinanceBiden heads to Wisconsin to laud a new Microsoft facility, meet voters — and troll Trump
President Joe Biden is racing into yet another battleground state Wednesday, continuing to push a contrast with Donald Trump on economic policy as his own reelection campaign readies a new $14 million advertising blitz aimed in part at Black, Latino and Asian American voters. Biden is traveling to Racine, Wisconsin, where he'll highlight a decision by Microsoft to build a $3.3 billion data center that is expected to create roughly 2,000 jobs. It's also the same spot where Trump, to much fanfare, lauded a plan by Taiwan-based electronics giant Foxconn plan to build a $10 billion manufacturing facility that was supposed to eventually employ 10,000 people.
PoliticsReutersBiden to unveil $3.3 billion Microsoft AI investment in battleground Wisconsin
President Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands of jobs, the White House said. The Microsoft facility in Racine County, in southeastern Wisconsin, will be built on the same land where Taiwan electronics manufacturer Foxconn had planned to build a $10 billion factory that former President Donald Trump once called "the eighth wonder of the world," before Foxconn drastically scaled back its plans. Microsoft's plans will result in 2,300 union construction jobs and some 2,000 permanent jobs over time, the White House said.