Jul 27, 2017

Trump claims a manufacturing win in Paul Ryan’s district

Photo: Kin Cheung/AP

Major Apple supplier "Foxconn Technology Group ... pledged to invest $10 billion to build a display panel plant in [southeastern] Wisconsin that could employ up to 13,000 workers and draw up to $3 billion in subsidies from state taxpayers — a deal that could ripple through the economy and 2018 elections," per the Milwaukee Journal-Sentinel.

According to the WSJ front page:

  • "The plan, announced ... at a White House ceremony, marks the first major U.S. investment for Foxconn, the world's largest contract manufacturer of electronics and the maker of iPhones and other gadgets for Apple."
  • "Jared Kushner ... led discussions with Foxconn in recent months, along with Reed Cordish, assistant to the president for intragovernmental and technology initiatives."
  • "The facility will be located in House Speaker Paul Ryan's district, which stretches from just south of Milwaukee to the Illinois border ... The exact location is still being determined."
  • Why it matters Trump at White House: "When this investment is complete, Foxconn has the potential to create more manufacturing jobs than we've seen in many, many decades."

Go deeper

Kenan Thompson and Hasan Minhaj to headline White House Correspondents' Dinner

Kenan Thompson on "SNL" in 2018. Photo: Rosalind O'Connor/NBC via Getty Images

Kenan Thompson, the longest-tenured "Saturday Night Live" cast member, will host the White House Correspondents' Association dinner on April 25.

And Hasan Minhaj — host of Netflix’s "Patriot Act with Hasan Minhaj," and the entertainer at the 2017 dinner — will return as featured entertainer.

"Billions": Season 2020

Mike Bloomberg speaks at Hardywood Park Craft Brewery in Richmond, Va., on Saturday. Photo: James H. Wallace/Richmond Times-Dispatch via AP

Money alone can’t buy a presidential election, but it surely gets you VIP access.

Why it matters: Billionaire Michael Bloomberg is duking it out with Billionaire Donald Trump, often on Billionaire Jack Dorsey’s Twitter and in ads on Billionaire Mark Zuckerberg’s Facebook, all chronicled in Billionaire Jeff Bezos’ Washington Post. 

Biometrics invade banking and retail

Illustration: Eniola Odetunde/Axios

Banks have been quietly rolling out biometrics to identify customers — verifying them by their fingerprint, voice or eye scan — and retailers like Amazon are getting into the game.

Why it matters: These companies are amassing giant databases of our most personal information — including our gait, how we hold our cellphones, our typing patterns — that raise knotty questions about data security and privacy.