The Defense Department had buried a report that found $125 billion in waste, the report showed that the Pentagon spends about a quarter of its budget on what are essentially back-office tasks.
The company announced last year that it would open a factory in China to do final assembly work on certain types of planes ordered by Chinese customers, the Wall Street Journal reported China, in turn, has agreed to buy $38 billion in planes from Boeing.
Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!— Donald J. Trump (@realDonaldTrump) December 6, 2016
President-elect Donald Trump announced that Japanese telecom and internet company SoftBank will invest $50 billion in the United States, which the company says will create 50,000 jobs.
He announced the deal after meeting with SoftBank CEO Masayoshi Son, a Japanese billionaire and technology investor, at Trump Tower in New York. On Twitter, Trump claimed that Son said he "would never do this" if Trump had not won the presidential election.