U.S. Manufacturing Activity Expands for Second Straight Month

30.555 - 50.203 Pierre Bienaimé

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.

50.223 - 70.431 Pierre Bienaimé

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.

70.491 - 91.028 Pierre Bienaimé

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.

91.669 - 107.462 Pierre Bienaimé

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.