Chicago Fed's national activity index points to stronger growth in October

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Chicago Fed's national activity index points to stronger growth in October

The numbers: The Chicago Fed’s national activity index, which is designed to gauge overall U.S. economic activity, rose to 0.83 in October from a revised 0.32 in the prior month. That’s the first gain in four months, The index’s three-month moving average, …
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Foxconn plant lands Google work

The underutilized factory in southern Wisconsin should start mass production of server components in the first quarter. Tweet · Share; More. Share · Email · Reprints Print. Bloomberg. (Bloomberg)—Foxconn Technology Group plans to assemble key …
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Wealthy Europeans Join SPAC Club in Record Year for Listings

The allure of blank check companies is spreading beyond the U.S., with a host of European business tycoons now plotting deals. Listing a so-called special purpose acquisition company, or SPAC, has been the go-to method for wealthy Americans to raise …
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Gatik And Loblaw Partner To Bring First-Ever Driverless Deliveries To Canada

Canada is poised to see driverless commercial delivery of goods come to Toronto in the near future, thanks to startup Gatik bagging a $25M infusion of capital plus a partnership with Canada’s largest retailer. Launched in 2017 in Palo Alto, Gatik is focused on …
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Florida unemployment rate drops but Jacksonville's rises in October

TALLAHASSEE, Fla. – Florida’s unemployment rate dropped in October, reflecting the state’s continued push to reopen businesses during the coronavirus pandemic. The trend went the other way in Jacksonville, although Duval County and most area counties …
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