After $4.1 billion subsidy, Foxconn cancels plan to build Wisconsin "factory," now proposing a small R&D facility

When GOP darling Scott Walker offered to hand billions in subsidies to Chinese manufacturing giant Foxconn, he was warned: the Foxconn MO is to suck up billions in public money for ambitious megafactories, then scale them back into small, largely irrelevant facilities (or cancel them altogether). Read the rest