The Latest Breaking News from North America

Sweden's Battery-Electric Volta Trucks To Enter US Market In 2023: What EV Investors Need To Know

The Swedish electric vehicle company Volta Trucks has announced plans to enter the North American market.

Benzinga · May 5, 2022

Gucci Jumps on the Crypto Bandwagon with US Project

Gucci's high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in some US stores, the Italian company said, as digital currencies move to broader acceptance. Starting later this month, customers can pay with crypto at some of Gucci's flagship stores, including Rodeo Drive in Los…

Asharq Al-Awsat · May 5, 2022

Gucci To Accept Bitcoin, Dogecoin, Shiba Inu In Several Stores

Luxury retail brand Gucci has reportedly embraced payments in the form of cryptocurrencies in some stores operated in North America.

Benzinga · May 5, 2022

Sunflowers: Popular, Native and, for Some, Newly Meaningful

The annual sunflower (Helianthus annus) has a long history in North America, with evidence of its cultivation for food, ceremonial and medical use by Native Americans dating back to at least 1,000 B.C. Sunflower seeds are said to have been brought to Europe by Spanish explorers around the late 16th…

Asharq Al-Awsat · May 3, 2022

Stellantis' $2.8 billion investment secures future for Brampton, Windsor plants

The maker of Chrysler, Dodge, Jeep and Ram vehicles on Monday said it will invest $2.8 billion (3.6 billion Canadian dollars) into its Canadian operations for its electric transition, preserving the futures of both Windsor and Brampton assembly plants and creating its first battery lab in North America.

Tribune News Service · May 3, 2022

Teva Posts Mixed Q1 Earnings, Cuts FY22 Sales Guidance Citing Copaxone Competition, Yet Shares Rise

Teva Pharmaceutical Industries Ltd's (NYSE:TEVA) Q1 sales reached $3.66 billion, shrinking 8% Y/Y, missing the consensus of $3.75 billion.  The decrease is mainly due to lower revenues from generic products in North America and Copaxone, partially offset by higher revenues from Anda and generic products in the Europe segment.  The adjusted gross…

Benzinga · May 3, 2022

Stellantis Pledges $2.8B To Retool Ontario Plants For EVs, Hybrids

Stellantis also said its Automotive Research and Development Centre will add 650 highly skilled engineering jobs and become North America's first battery lab.

InsideEVs · May 3, 2022

IPG Photonics Tops Q1 Aided By Robust Demand For EV Applications

IPG Photonics Corp (NASDAQ:IPGP) reported first-quarter FY22 revenue growth of 7% year-on-year to $369.98 million, beating the consensus of $334.79 million. Materials processing sales accounted for 92% of total revenue and increased 7% Y/Y with higher sales in welding, marking, 3D printing, and cleaning applications. Sales into Other applications increased 9% Y/Y, driven…

Benzinga · May 3, 2022

Lear Q1 Earnings Top Estimates; Cuts FY22 Outlook

Lear Corp (NYSE:LEA) reported a first-quarter FY22 sales decline of 3% year-on-year to $5.21 billion, beating the consensus of $5.04 billion. Global vehicle production decreased 4% Y/Y, with North America down 2%, Europe shedding 18%, and China climbing 8%. Net sales from North America rose 9.3% Y/Y, Europe and Africa fell 13.8%, Asia…

Benzinga · May 3, 2022

Get ready for a total lunar eclipse, Chicago. Here's where you can view it

CHICAGO — The Chicago area and much of North America will experience a total lunar eclipse on May 15, according to the Adler Planetarium. Weather permitting, Chicagoans will be able to see the eclipse starting at 8:32 p.m.

Chicago Tribune · May 3, 2022