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Hon Hai chairman to increase focus on AI, IoT

Bloomberg Hon Hai Precision Industry Co. Chairman Terry Gou, best known for assembling Apple Inc.’s iPhones, plans to increase its focus on artificial intelligence and big data over the next few years as he seeks to transform the contract manufacturer into a more influential force in the global technology industry. Gou, at an annual gathering in Taipei for employees and ...

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Trudeau sees ‘clear path forward’ on Nafta despite big impasses

Bloomberg Justin Trudeau’s latest mission to bolster Nafta ended on an upbeat note, as the Canadian leader said there’s still a “clear path” to a deal while pushing back against US President Donald Trump. Trudeau capped a US swing in Los Angeles after stops in Chicago and San Francisco. During the trip he rejected the belief that trade deals see ...

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Expedia shares tumble on plans to raise spending

Bloomberg Expedia Inc. shares tumbled the most in more than three months after outlining plans to spend a lot more in 2018, in an effort to modernize operations and bolster its short-term vacation rental unit. The company gave a forecast for 6 percent to 11 percent annual growth in earnings before interest, taxes, depreciation and amortization — a measure of ...

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