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SoftBank delivers first US$1bil of Trump pledge, to space firm (3,000 new jobs)
The Star ^ | December 20, 2016

Posted on 12/20/2016 2:42:42 AM PST by 2ndDivisionVet

Satellite broadband firm OneWeb on Dec 19 announced a US$1.2bil (RM5.37bil) funding round led by SoftBank, the first concrete investment from the Japanese group which made a pledge to President-elect Donald Trump.

SoftBank, which is providing US$1bil (RM4.47bil) of the funding for the project aimed at providing global internet access via satellite, made the announcement just two weeks after its chief executive Masayoshi Son met Trump and pledged to invest US$50bil (RM223.97bil) in the US economy and create 50,000 jobs.

”Earlier this month I met with President-elect Trump and shared my commitment to investing and creating jobs in the US,” Son said in a statement.

”This is the first step in that commitment.”

About 3,000 new jobs are expected to be created in engineering, manufacturing and support in the US over the next four years as a result of the investment, the companies said....

(Excerpt) Read more at thestar.com.my ...


TOPICS: Business/Economy; Politics; Science; Society
KEYWORDS: economy; jobs; space; trump
More winning.

SoftBank's Son said to plan meeting with Trump in New York (Raising a $100B investment fund)
http://www.freerepublic.com/focus/f-bloggers/3501864/posts

1 posted on 12/20/2016 2:42:42 AM PST by 2ndDivisionVet
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To: 2ndDivisionVet

Winning! Thanks be to God, Donald Trump is delivering on his promises. MAGA


2 posted on 12/20/2016 2:46:16 AM PST by Beautiful_Gracious_Skies ('45 will be the best ever.)
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To: Beautiful_Gracious_Skies

Winning bigly!


3 posted on 12/20/2016 2:50:03 AM PST by jazminerose (Adorable Deplorable)
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To: 2ndDivisionVet

So much winning


4 posted on 12/20/2016 2:50:39 AM PST by onona (Keeping the faith will be our new directive for the republic !)
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To: 2ndDivisionVet

That’s nothing.

I gave some American kid 20 bucks to shovel my walk and driveway the other day.


5 posted on 12/20/2016 3:00:52 AM PST by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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To: 2ndDivisionVet
About 3,000 new jobs are expected to be created in engineering, manufacturing and support...

Oh, so they're not going to be the real big paying fast-food, part-time jobs like Barry's big "job creation" has been!?

The Mendacious Media would have us believe that the Keynesian-in-Chief has created more jobs than all former presidents combined...when all he has done is destroy the economy with more government regulations. 95MM out of the workforce and the new job growth of the last eight years have been part-time positions in the service industry.

6 posted on 12/20/2016 4:22:56 AM PST by Prov1322 (Enjoy my wife's incredible artwork at www.watercolorARTwork.com! (This space no longer for rent))
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To: 2ndDivisionVet

To be fair, Obama too is concerned about jobs and doing something about it.

He heard that there was a shortage of drug dealers on the street and immediately provided them by pardon and commutation.


7 posted on 12/20/2016 9:25:21 AM PST by Hillbilly sage
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