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President Donald Trump is expected to announce a new and major investment in American manufacturing from the White House Monday afternoon, marking yet another economic victory less than two months into his second term. "Taiwan Semiconductor Manufacturing Co. intends to invest $100 billion in chip-manufacturing plants in the U.S. over the next four years under a plan expected to be announced later Monday by President Trump, according to people familiar with the matter," the Wall Street Journal reports. "The investment would be used to build out cutting-edge chip-making facilities. Such an expansion would advance a long-pursued U.S. goal to regrow...

States lure manufacturers and shore up jobs Susan Caminiti | @SusanCaminiti Sunday, 29 Jun 2014 | 7:00 AM ETCNBC.com 474 It wasn't long ago that the thought of corporations bringing their manufacturing back to the U.S. seemed all but impossible. But that's precisely what's happening, and the trend is predicted to continue through the rest of the decade.Consider Kent International, one of the largest U.S.-based bicycle manufacturers. The company, with headquarters in Parsippany, New Jersey, has been making its bikes overseas for more than 20 years. But with Chinese labor costs rising over the past several years, the company...

WASHINGTON (AP) - Ahead of anticipated tough questioning on Capitol Hill about the Gulf Coast spill, Interior Secretary Ken Salazar said Monday the government will tighten requirements for onshore oil and gas drilling. The new measures would not apply to oil rigs at sea. Salazar was expected to testify Tuesday at two Senate oversight hearings investigating the BP oil spill off Louisiana's coast. Last week, President Barack Obama said responsibility for what he described as a badly failed system extended to the federal government and its "cozy" relationship with oil companies.