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The Latest Breaking News from North America

LG Energy Solution Announces Cylindrical Battery Plant In U.S.

LG Chem's LG Energy Solution announced a 1.7 trillion KRW ($1.39 billion) investment in a new factory for cylindrical batteries in Arizona.

InsideEVs

LZ Granderson: ‘The Batman’ holds up an unflattering mirror

The latest comic book movie, “The Batman,” crossed the $300 million threshold in North America last weekend, becoming just the second film since the pandemic began to do so. The other is December’s “Spider-Man: No Way Home,” highlighting our undying affinity for superheroes in general and for these two beloved…

Los Angeles Times

Private Equity Funds Are Pushing Deeper Into Pro Sports

Both in Europe and in North America, leagues are making more room for institutional investors hungry for media revenue.

Businessweek

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This Tesla, Lucid Supplier Is Investing $7.2B In North America To Boost EV Battery Output

South Korea's LG Energy Solution, which counts Tesla Inc (NASDAQ: TSLA) and Lucid Group Inc (NASDAQ:

Benzinga

How adversity impacts the disproportionate suspensions of Black and Indigenous students

In North American elementary and high-schools, Black and Indigenous students are disciplined through suspension and expulsion more often than their peers. These same groups of students are also more often exposed to adversity and trauma such as community violence, racism and inequity.

The Conversation

Psyched: MindCure Shuts Down Operations, Novamind And MindMed Partner For Study

The psychedelics space was shaken up on the news that MindCure Health (OTC:MCURF) was shutting down operations. After a review process, the company’s board decided that MindCure’s business plan required more capital that it could gather under current market conditions, thus shutting down operations was considered the best move to preserve…

Benzinga

Bitcoin, Ethereum Saw $47M Outflows Last Week And Bearish North Americans Are Responsible: CoinShares Data

Cryptocurrency investment products recorded outflows for the second consecutive week, according to data collected by CoinShares.

Benzinga

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China Eastern crash is rare disaster for state-run airlines

China is, along with North America and Europe, one of the world’s top three air travel markets and has dramatically improved safety since a string of deadly crashes in the 1990s and 2000s

The Independent UK

Volkswagen Unveils $7.1B Plan To Boost EV Presence In North America And Take On Tesla

Volkswagen Group (OTC: VWAGY) has said it would spend $7.1 billion over the next five years on electric vehicle projects in North America, as the German automaker tries catching up with industry leader Tesla Inc (NASDAQ:

Benzinga

VW Invests $7.1B Into North America, Targets 55 Percent EV Sales By 2030

The money will fund product range expansion, improved research and development, and building new models in North America.

Motor1

China crash rare disaster for state-run airlines

China is, along with North America and Europe, one of the world’s top three air travel markets and has dramatically improved safety since suffering a string of deadly crashes in the 1990s and 2000s

The Independent UK

Electric bikes are booming (again)

The Pedego Electric Bike store in St. Louis normally closes for the month of February because there are not enough sales to justify keeping it open through the winter. This year, with an unusually large number of phone calls coming through, it re-opened early. February wound up being a “bonanza…

Tribune News Service

Exeter to North America air link set to boost South West overseas trade

Aer Lingus to launch service with flights from Exeter to New York, Boston, Chicago, Washington and Toronto, via Dublin hub

Birmingham Post

Report: CATL Might Build An 80 GWh Battery Plant In North America

Another very large EV-related investment emerged on the horizon in North America, as CATL reportedly seeks a site for a battery gigafactory.

InsideEVs

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Benzinga

UBS Downgrades Cummins, Cuts Price Target by 18%

UBS downgraded Cummins Inc (NYSE:CMI) to Neutral from Buy and reduced the price target to $214 (an upside of 5%) from $260. Analyst Steven Fisher mentions that the North America truck cycle will peak in 2023, with North America trucker profitability expected to peak in 2022 and new emissions regulations in 2024 pushing a pre-buy.…

Benzinga

Stellantis, LG Energy Solution Eye New EV Battery Plant In Ontario: Bloomberg

Stellantis NV (NYSE:STLA) and LG Energy Solution Ltd look to build their new battery plant in Ontario, Canada, Bloomberg reports. The Canadian government’s incentives for clean-energy businesses served as a key driver in attracting the companies to the country. Also Read: Stellantis CEO Looks To Catch Up With Tesla In Coming Years, Russia-Ukraine Crisis Could Dampen…

Bangkok Post

A classic high-speed heist

The first thing that comes to mind when talking about Michael Bay movies are the explosions, gunfire and scenes of cars flipping or helicopters falling from the sky in slow-motion. The man is like a filmmaker on steroids when it comes to big production. No matter how big or small…

USA Today Sports Media Group

Alex Legends Mobile pre-registration is open in North America

The worldwide launch is coming later this year.

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Benzinga

Hut 8 Mining Clocks Revenue Growth Of 346% In Q4

Digital asset miner Hut 8 Mining Corp (NASDAQ:HUT) reported fourth-quarter FY21 revenue growth of 346% year-on-year to C$57.9 million. EPS loss was C$(0.67). Hut 8 currently has an installed hash rate of 2.0 EH/s, including the converted hash rate from its fleet of NVIDIA GPUs. As of December 31, Hut 8 had a total…

Benzinga

PlantFuel Partners with Muscle Foods USA for Nationwide Specialized Retail Distribution

Plant-based wellness brand PlantFuel partners with distributor Muscle Foods USA reaching more than 6,000 stores across North America

Benzinga

Signet Jewelers Stock Surges On Solid Q4 Results, Robust Q1, FY23 Outlook

Signet Jewelers Ltd (NYSE:SIG) reported fourth-quarter FY22 sales growth of 28% year-on-year, to $2.81 billion, beating the consensus of $2.77 billion. Same-store sales grew 23.8% versus last year. Brick and mortar sales increased 34.6% to $2.3 billion, and eCommerce sales rose 8.7% to $556 million. North America segment raked in the major chunk…

Benzinga

Li-Cycle Clocks 277% Revenue Growth In Q1

Li-Cycle Holdings Corp (NYSE:LICY) reported first-quarter FY22 sales of $3.84 million, an 277% year-over-year increase from $1.02 million. Revenue growth was driven by increases in product sales and metal-based prices. Loss from operations expanded to $(18.73) million versus $(6.2) million a year ago. Adjusted EBITDA loss for the quarter was $(16.9) million, compared…

Benzinga

Volkswagen To Shift More Production To China, North America As Russia-Ukraine War Roils Europe Supply Chain

Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Tuesday that the German automaker is shifting more production out of Europe to China, North America and Latin America to cope with supply chain issues stemming from Russia’s invasion of Uk

Asharq Al-Awsat

Cruise Saudi Appoints Lars Clasen as Chief Executive Officer

Cruise Saudi - a 100% Public Investment Fund-owned business - is pleased to announce the appointment of Lars Clasen as the company’s Chief Executive Officer. He is a global industry expert with 30+ years of experience in the shipping and cruise industries across Asia, Europe and North America. Fawaz Farooqui,…

Benzinga

Vicinity Motor Expands US Distribution Partnership With ABC Companies

Vicinity Motor Corp (NASDAQ:VEV) said it is expanding its strategic U.S. distribution agreement with ABC Companies (ABC), a provider of motorcoach and transit equipment in North America. The ABC distributorship will enable Vicinity's focus on U.S. expansion to market the Vicinity heavy duty mid-size bus, the Vicinity Lightning EV, and the VMC Optimal…

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