Taiwan's Foxconn said on Monday it had struck a deal to sell a former car factory at Lordstown, Ohio, for $375 million, including its machinery, but said it would continue to use the site to make a broader range of products aligned with its strategic priorities.

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Reuters Business

Reuters Business

 

Foxconn agrees $375 million Lordstown plant sale to pivot towards data centers 

 

Aluminum can maker Ball Corp lifts annual profit forecast buoyed by strong global demand 

 

Record production at Exxon and Chevron humbles European rivals 

 

Lufthansa abandons process to buy stake in Spain's Air Europa 

 

Archer-Daniels-Midland posts drop in second-quarter profit 

 

Wall Street traders will get fatter bonuses after riding volatile markets 

 

India accuses EU, US of double standard over Russian trade 

 

Leidos raises full-year profit forecast on robust demand for weapons 

 

Marriott cuts 2025 revenue forecast on soft travel demand 

 

Taco Bell parent Yum Brands misses estimates as spending slows, costs rise 

 

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