Trump, SoftBank to announce $100B US investment plan

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Japanese technology group SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds.

House Speaker Mike Johnson, left, President-elect Donald Trump, from third left, Vice President-elect JD Vance and Trump's pick for Defense Secretary Pete Hegseth, attend the NCAA college football game between Army and Navy at Northwest Stadium in Landover, Md., Saturday, Dec. 14, 2024.

That's according to a person familiar with the plans who spoke on condition of anonymity before the planned announcement. Trump is set to speak at his Mar-a-Lago resort at 11 a.m., marking the first time he will address reporters since he won the election last month. But the announcement nonetheless is a win for Trump, who has used the weeks since he won the election to try to promote his policies, negotiate with foreign leaders and try to strike deals.on Mexico and Canada, which prompted a visit from Canada's prime minister and a call with Mexico's president.

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