Hyundai to invest $7.4 bln in US by 2025, with electric cars in focus

Hyundai to invest $7.4 bln in US by 2025, with electric cars in focus

South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions. The announcement came before …
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Police arrest 7 for catalytic converter thefts in Springfield

Officers arrested David Moore. He is accused stealing after he cut the catalytic converter from a 2003 Honda Element while it was parked on the lot of 1711 W. Battlefield. The offense occurred on April 24, 2021, between the hours of 12:10 p.m. and 12:15 p.m..
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YETI Sales Explode With 42% Growth And 260% Increase In Net Profits

YETI reported a net sales increase of 42% for the first-quarter (Q1) of 2021 bringing total revenue to $248 million, compared to $174 million during the same period last year. Net profit increased from $8.5 million in Q1 2020 to $30.5 million this year. The stellar …
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Macklem Says Further Loonie Gains Could Be Economic Headwind

The Bank of Canada is closely monitoring recent gains in the nation’s currency, to ensure the appreciation doesn’t create headwinds for the nation’s economic outlook, according to the central bank’s head. At a press conference Thursday, Governor Tiff …
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US Stocks Rebound After Swoon

U.S. stocks mostly rebounded on Thursday, following the market plunge triggered by Wednesday’s news of much stronger-than-expected consumer-price inflation. The Dow Jones Industrial Average rose 284 points, or 0.85%, while the S&P 500 gained 0.7%.
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