LG Electronics Raises $800M Bond: Investing in the Future

South Korea’s LG Electronics has raised $800 million through a dollar bond deal, according to a term sheet. A 3-year…

Baltimore’s Alternate Shipping Channels Inadequate, Maersk Finds

The Baltimore port’s alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other…

Microsoft Invests $1.5 Billion in UAE’s G42 in Pivot From China

Microsoft Corp. will invest $1.5 billion in the United Arab Emirates’ top artificial intelligence firm, G42, after the Abu Dhabi-based…

Semiconductor equipment maker ASML ships second ‘High NA’ EUV machine

ASML, the biggest supplier of equipment to computer chip makers, said on Wednesday said it has shipped one of its…

NHTSA Upgrades Probe into Honda Braking Issues in 3 Million Vehicles

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it had upgraded its probe into reports of unexpected…

Analyst revamps Starbucks stock price target ahead of earnings

Laxman Narasimhan has been sailing through some rough waters lately. The Starbucks (SBUX) CEO, who took over the top spot…

Ferrari Announces Voting Results From Its Annual General Meeting

Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/EXM: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual…

Don’t download the latest macOS Ventura update just yet

We have a warning if your MacBook or other Mac machine is still running macOS Ventura. The latest macOS Ventura…

Bitcoin Halving May Lead to Some Sales, Crypto.com CEO Says

Bitcoin selling may become evident as the date of the so-called halving nears but the event is set to bolster…

Nissan says it will make next-generation EV batteries by early 2029

Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during…