Ron Burgundy Posted December 6, 2016 Share Posted December 6, 2016 The head of Japan's SoftBank Group Corp , which in October set up a $100 billion fund for technology investments, said on Tuesday he would invest $50 billion in U.S. businesses, a move President-elect Donald Trump claimed was a direct result of his election win. The investment, which could create 50,000 new U.S. jobs, revived speculation on Wall Street that U.S. telecommunications giant Sprint Corp , 82-percent-owned by SoftBank, might rekinkdle merger talks with T-Mobile US Inc that died under pressure from U.S. regulators. Trump's moves since the election to engage with individual companies, while turning his back on broader, years-in-the-works trade deals, show that the President-elect is leaning on the deal-making skills he honed in the boardroom. View the full article Quote Link to comment Share on other sites More sharing options...
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