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Pierre Bienaimé

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WSJ Minute Briefing

U.S. Manufacturing Activity Expands for Second Straight Month

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TSMC, the world's largest contract chipmaker, currently builds its most advanced chipmaking facilities only on its home soil Taiwan. And the semiconductor company Microchip Technology is reducing its workforce by about 2,000 amid declining sales. The Arizona-based company said today that the cuts will be at facilities in Oregon, Colorado and the Philippines.

WSJ Minute Briefing

U.S. Manufacturing Activity Expands for Second Straight Month

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WSJ Minute Briefing

U.S. Manufacturing Activity Expands for Second Straight Month

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Here's your midday brief for Monday, March 3rd. I'm Pierre Bien-Aimé for The Wall Street Journal. U.S. manufacturing activity expanded slightly in February for a second straight month. The Institute for Supply Management's Purchasing Managers Index of Manufacturing Activity came in at 50.3, down from 50.9 in January.

WSJ Minute Briefing

U.S. Manufacturing Activity Expands for Second Straight Month

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That's the second time it's above the 50 mark that divides growth and contraction after more than two years below. Kroger-Chef-Exekutiv Rodney McMullen hat von der Firma verabschiedet, nach einer Board-Investigation in seine persönliche Verhaltensweise. Seine Verabschiedung endet eine Karriere von mehr als vier Dezember an der größten US-Supermarkt-Chain von Verkäufen.

WSJ Minute Briefing

U.S. Manufacturing Activity Expands for Second Straight Month

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Kroger hat heute gesagt, dass die Verhaltensweise von McMullen unabhängig von der Firma war, dass es mit seiner Ethik-Polizei unabhängig war. Die Bemühungen, McMullen zu erreichen, waren nicht sofort erfolgreich. We exclusively report that Taiwan Semiconductor Manufacturing Company intends to invest $100 billion in chip manufacturing plants in the U.S. over the next four years.

WSJ Minute Briefing

U.S. Manufacturing Activity Expands for Second Straight Month

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That's according to people familiar with the matter, who said the plan is expected to be announced later today by President Trump. The expansion would advance a long-pursued U.S. goal to regrow the domestic semiconductor industry, after manufacturing fled largely to Asian countries in recent decades.