- Reuters
Toyota to invest $1.4 billion in its Indiana plant, adding 340 new jobs
This brings up Toyota's total investment in Indiana to $8 billion and adds up to 340 new jobs at the Japanese automaker. The latest investment comes after the company had said in February it would invest $1.3 billion at its Kentucky facility for electrification efforts, including assembly of a new, three-row battery electric SUV for the U.S. market. Toyota's Indiana facility is home to more than 7,500 team members who assemble its popular models such as Sienna vans, Highlander, Grand Highlander and the Lexus TX.
- Reuters
UPDATE 1-US bank regulator pauses plans to scrutinize asset manager stakes in banks
A top US bank regulator opted not to consider new policies that would have imposed stricter oversight on asset managers with sizeable investments in banks like Blackrock and Vanguard, even as agency officials agreed the matter merited more attention. The Federal Deposit Insurance Corporation postponed votes on two competing plans that would have given the agency more power to scrutinize asset managers after it was clear neither had the majority backing of the five-member board. "If these fund complexes are using their purportedly passive investment funds to push social policy, to influence bank policy, there's a real significant issue here," said FDIC board member Jonathan McKernan at the agency's public board meeting on Thursday.
- LoveEXPLORING
The best things to do in Northern Ireland
Our recommendations of the top places to explore and experiences to enjoy in Northern Ireland, from Belfast to Derry.
