GlobalFoundries boosts investment plans to $16 billion, with research focus

    By Max A. Cherney and Stephen Nellis SAN FRANCISCO (Reuters) -Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip technologies. The Malta, New York-based company said it is working with the…

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      Trump defeats Democrats’ lawsuit over election commission independence

      By Jonathan Stempel (Reuters) -A Washington, D.C. judge has dismissed the Democratic Party’s lawsuit accusing U.S. President Donald Trump of violating federal election law by trying to assert control over the independent Federal Election Commission. U.S. District Judge Amir Ali ruled on Tuesday night that three national Democratic committees lacked a “concrete and imminent injury”…

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