Yahoo Finance Live anchors discuss Lordstown Motors missing on earnings as well as a $170 million investment into the company by Foxconn.
Workers at the world’s biggest assembly site for Apple’s iPhones walked out as Foxconn has struggled to contain a Covid-19 outbreak. The chaos highlights the tension between Beijing’s rigid pandemic controls and the urge to keep production on track. Photo: Hangpai Xinyang/Associated Press
Notable business headlines include Google losing most of its appeal to overturn a $4 billion antitrust fine, Amazon investing $450 million into wage increase and benefits for its drivers ahead of the holiday season, and Taiwanese electronics maker Foxconn making a $19.4 billion deal to manufacture its semiconductor chips in India.