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Amazon Launches Supply Chain Service, Challenging FedEx and UPS

Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] Amazon has officially entered the broader logistics market with the launch of “Amazon Supply Chain Services (ASCS),” opening its end-to-end logistics network to external businesses.The move positions
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Trump Approval Rating Falls to Second-Term Low Amid Prolonged Iran Conflict and Economic Strain

U.S. President Donald Trump (Photo: Yonhap News Agency)[Alpha Biz= Paul Lee] Donald Trump’s job approval rating has dropped to its lowest level of his second administration, as the prolonged conflict with Iran and worsening economic pressures weigh o

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Amazon Web Services to Invest KRW 7 Trillion More in Korea by 2031, Expanding AI Infrastructure

Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] Amazon Web Services (AWS), the world’s leading cloud computing provider, will invest an additional KRW 7 trillion in South Korea by 2031 to expand its data center infrastructure and strengthen its ar
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X Loses Antitrust Case Over Advertiser Boycott as Musk Faces Additional Legal Challenges

Elon Musk, CEO of Starlink. (Photo = Yonhap News)[Alpha Biz= Paul Lee] X, owned by Elon Musk, has lost another antitrust lawsuit related to an alleged advertiser boycott.A federal court in Texas on March 26 dismissed X’s lawsuit against the World Fed

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U.S. Stocks Rally as Trump Signals Delay in Iran Strikes, Easing Middle East Tensions

Photo courtesy of Yonhap News[Alpha Biz= Paul Lee] U.S. stocks rose on March 23 (local time) after President Donald Trump signaled a temporary delay in planned strikes on Iran’s energy infrastructure, raising hopes for de-escalation in Middle East te

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Bank of America Raises Nvidia Price Target to $190 Amid Strong AI Chip Demand: Kim SangJin 10/22/2024 03:07 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] Bank of America (BoA), a major U.S. investment bank, has significantly raise ...

Netflix Shares Soar 63% This Year, Hitting All-Time High Since 2002 IPO: Kim SangJin 10/21/2024 03:07 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] Netflix, the world's largest online video streaming service, has reached an ...

Amazon Expands SMR Investment to Secure AI Power Supply: Kim SangJin 10/18/2024 04:47 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] Amazon, the world's leading cloud service provider, is increasing its invest ...

Boeing Faces Credit Rating Downgrade Risk, Pursuing Up to $47 Billion in Financing: Kim SangJin 10/17/2024 03:57 AM; [Alpha Biz= Reporter Kim Sangjin] Amid a series of accidents and union strikes, U.S. aircraft manufacturer Boeing is seeking to ra ...

Intel Notifies 15,000 Employees Worldwide of Layoffs: Kim Jisun 10/16/2024 03:07 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] Intel, a leading semiconductor company in the United States, has begun notifyi ...

Boeing Plans to Cut 17,000 Jobs, Affecting 10% of Workforce: Kim SangJin 10/14/2024 04:05 AM; The logo of Boeing headquarters. (Photo = Boeing)[Alpha Biz= Reporter Kim Sangjin] Boeing, the American aircraft manufacturer, has ...

13 U.S. States File Lawsuit Against TikTok for Harm to Youth Mental Health: Kim SangJin 10/11/2024 05:23 AM; TikTok logo. (Photo = Yonhap news)[Alpha Biz= Reporter Kim Sangjin] Thirteen U.S. states and Washington, D.C. have filed a lawsuit ...

Nvidia Regains Second Place in Market Capitalization with Price Target Upgrades: Kim SangJin 10/10/2024 03:49 AM; [Alpha Biz= Reporter Kim Sangjin] Nvidia, the leading player in AI semiconductors, saw its stock surge over 4% in a single day, re ...

Warren Buffett Sells $338 Million in Bank of America Shares: Kim SangJin 10/04/2024 03:27 AM; Warren Buffett, Chairman of Berkshire Hathaway (Photo: Yonhap News)[Alpha Biz= Reporter Kim Sangjin] Warren Buffett continues to s ...

US to Ban Sales of Connected Cars Using Chinese Products and Technology from 2027: Kim Jisun 09/24/2024 12:37 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] On September 23rd (local time), the U.S. government announced that it will com ...

Lufthansa to Suspend Frankfurt-Beijing Flights Amid Rising Competition: Kim SangJin 09/23/2024 04:19 AM; Lufthansa Group (Photo: Lufthansa Group)[Alpha Biz= Reporter Kim Sangjin] German airline Lufthansa plans to suspend its flights be ...

Boeing Faces Potential Strike as Union Negotiations Stall: Kim SangJin 09/05/2024 03:17 AM; The logo of Boeing headquarters. (Photo = Boeing)[Alpha Biz= Reporter Kim Sangjin] Fox News reported on September 3rd that Boeing ...

Volkswagen to Close German Plants and Restructure Amidst Europe's Automotive Crisis: Kim SangJin 09/04/2024 03:12 AM; Volkswagen logo. (Photo = Volkswagen)[Alpha Biz= Reporter Kim Sangjin] Volkswagen, the German automotive giant, is set to close it ...

Warren Buffett's Berkshire Hathaway Reaches $1 Trillion Market Cap, Joining Exclusive Club: Kim Jisun 08/30/2024 03:28 AM; [Alpha Biz= Reporter Kim Jisun] On the 28th (local time), Berkshire Hathaway, led by Warren Buffett, surpassed a market capitaliza ...

Amid Intensified US-China Competition, IBM Cuts 1,000 Employees at Chinese Research Facility: Kim Jisun 08/27/2024 12:15 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] As big tech companies adjust their operations in mainland China amid escalatin ...

Tesla Announces New Recall: 2.6 Million Vehicles in the U.S. in Six Months: Kim Jisun 08/23/2024 07:12 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] Tesla, which recalled 1.85 million vehicles in the U.S. last month, is now rec ...

EU Set to Raise Tariff on Tesla Cars Made in China from 10% to 19%: Kim SangJin 08/21/2024 03:31 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] The European Union (EU) has decided to increase the tariff on Tesla vehicles ...

TSMC to Build Semiconductor Plant in Germany, Completing Global Supply Chain in Europe: Kim Jisun 08/20/2024 09:30 AM; Photo = TSMC[Alpha Biz= Reporter Kim Jisun] Taiwan's TSMC is building a semiconductor manufacturing plant in Germany, marking its ...

Tesla's Electric Vehicle Sales in Europe Drop Nearly 20%: Kim Jisun 08/19/2024 12:49 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Jisun] Tesla's electric vehicle sales in Europe have decreased by nearly 20%, reflect ...

Warren Buffett's Berkshire Hathaway Reduces Apple Stake in Q2, Increases Holdings in Cosmetics Retailer and Aircraft Parts Manufacturer: Kim SangJin 08/16/2024 04:17 AM; (Photo= Yonhap news)[Alpha Biz= Reporter Kim Sangjin] Warren Buffett's Berkshire Hathaway has significantly reduced its stake in A ...

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K-Pop Stars Shine at Met Gala in New York

Only 1 in 10 Financial Services Commission Staff Trade Domestic Stocks Amid Strict Rules

POSCO Future M Secures Exclusive Solid-State Cathode Deal with Japanese Automaker

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