Orders for long-lasting factory goods climbed last month due to purchases of military and civilian aircraft, overshadowing a weak start to 2017 for business investment in new machinery and other equipment.
President Donald Trump’s plan to re-examine a range of visa programs to protect American jobs has many Indian engineers and computer scientists employed by U.S. tech companies putting life plans on hold and questioning career decisions.
Pharmaceutical companies held most of their traditional January list-price increases to under 10% this year, although the median boost was little-changed from 2016. Among the critics they face now is President Trump.
Within three decades, artificial intelligence will be smarter than the human brain, supersmart robots will outnumber humans and more than a trillion objects will be connected to the internet, says the CEO of SoftBank.
Sony sold 915,000 PlayStation VR virtual-reality headsets in the device’s first four months, a pace it called in line with its goals but that analysts said might be too slow to motivate outside software developers.