Trump announces SoftBank plans to invest $100bn in US projects

President-elect vows investment will result in 100,000 new jobs despite history of jobs plans not panning out

Donald Trump claimed to have notched up the first economic success of his forthcoming second presidency on Monday by announcing a $100bn investment by the Japanese company, SoftBank, which he said would be completed during his four-year presidency.

The president-elect has a history of headline-grabbing job announcements – not all of which pan out successfully.

Topics

FirstFT: Japan’s SoftBank woos Trump with planned $100bn investment in US

Also in today’s newsletter, North Korean troops sustain casualties fighting in Russia’s Kursk region, and UK court reveals identity of alleged Chinese spy
Financial Times - 1h
Softbank Plans to Invest $100 Billion in U.S. Projects Through 2028

CEO Masayoshi Son joined President-elect Trump at Ma-A-Lago to make the announcement.
Inc. - 4h
SoftBank CEO and Trump announce $100 billion investment in U.S. by firm

The money will be deployed before the end of Trump's term.
CNBC - 4h
Trump and SoftBank CEO Announce $100 Billion Investment in US Projects

The technology company plans to invest $100 billion in U.S. projects, echoing the multibillion-dollar pledge it made after Donald J. Trump’s first election victory in 2016.
The New York Times - 3h
Trump announces Japanese firm SoftBank plans to invest $100 billion in U.S.

President-elect Donald Trump pledged expedited approvals for any company that invests at least $1 billion in the U.S. SoftBank's investment will focus on AI and emerging technology.
CBS News - 4h
Trump announces $100 billion investment from SoftBank Group in U.S. projects

President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced on Monday a $100 billion investment from SoftBank into U.S. projects over the next four years.
CBS News - 6h
Japan’s SoftBank pledges $100bn investment in US

Vow by Masayoshi Son’s investment vehicle is latest sign of how groups are seeking to woo Donald Trump
Financial Times - 6h
Trump announces $100B investment from SoftBank

President-elect Trump on Monday announced the Japanese company SoftBank Group planned to invest $100 billion in the U.S. over the next four years, touting it as a sign of global confidence in the ...
The Hill - 7h
Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments

President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to spur artificial intelligence and related ...
NBC News - 8h