Pete Buttigieg sees surge in support from business execs after his strong showing in Iowa

Democratic presidential contender Pete Buttigieg is seeing increased support from business leaders as he jumps in the polls following a successful showing in the Iowa caucuses. Dozens of executives who have largely remained on the sidelines during the 2020 election cycle have shown increased interest in Buttigieg’s presidential campaign over the past week, according to people with direct knowledge of the matter who declined to be named because these conversations were deemed private. The increased interest in Buttigieg comes as he tries to position himself as the best option among…

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Foxconn Seals $3.5 Billion Takeover of Sharp as Execs Seek to Shake Off Doubts

Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp can turn around its ebbing fortunes. At a packed news conference following the signing of the $3.5 billion deal, Foxconn CEO Terry Gou ducked questions about how – and when – Sharp would become profitable again, but expressed confidence in the Japanese company’s ability to bounce back with its highly regarded technology. Gou pointed to Sharp’s…

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