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February 2022

  • AP
  • Headlines

Rocky Mountain states to team up on hydrogen tech proposal

The Cheap InvestorFebruary 24, 2022February 24, 20220

CHEYENNE, Wyo. (AP) — Four Rocky Mountain states will cooperate on developing ways to make the most abundant element in…

Rivian 'making Progress' On The Ramp-up In Its Electric Vehicle Production-CEO
  • Headlines
  • Reuters

Rivian ‘making Progress’ On The Ramp-up In Its Electric Vehicle Production-CEO

The Cheap InvestorFebruary 24, 20220

DETROIT (Reuters) – Rivian Automotive is “making progress” in the increase of production of electric vehicles at its Normal, Illinois,…

Banking Group IIF Says U.S. Sanctions On Russia To Have 'significant Impact'
  • Headlines
  • Reuters

Banking Group IIF Says U.S. Sanctions On Russia To Have ‘significant Impact’

The Cheap InvestorFebruary 24, 20220

NEW YORK (Reuters) – The Institute of International Finance, the largest international banking group, said Thursday that U.S. sanctions on…

  • AP
  • Headlines

Judge stays out of Elon Musk vs. SEC letter spat, for now

The Cheap InvestorFebruary 24, 2022February 25, 20220

DETROIT (AP) — A federal judge is refusing to get involved in a letter-writing spat between one of Tesla CEO…

Stocks Recoup Losses, Dollar, Oil Pare Gains As Biden Addresses Russia's Ukraine Invasion
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  • Reuters

Stocks Recoup Losses, Dollar, Oil Pare Gains As Biden Addresses Russia’s Ukraine Invasion

The Cheap InvestorFebruary 24, 20220

By Sinéad Carew NEW YORK (Reuters) – Stocks pared losses and the U.S. dollar and oil futures pared gains as…

U.S. Sues To Block UnitedHealth Acquisition Of Change Healthcare
  • Headlines
  • Reuters

U.S. Sues To Block UnitedHealth Acquisition Of Change Healthcare

The Cheap InvestorFebruary 24, 20220

By Diane Bartz (Reuters) -The U.S. Justice Department on Thursday sued to stop UnitedHealth Group’s $8 billion acquisition of Change…

Fed Tightening Plans Now Contending With War, Possible Oil Shock
  • Headlines
  • Reuters

Fed Tightening Plans Now Contending With War, Possible Oil Shock

The Cheap InvestorFebruary 24, 20220

By Howard Schneider and Jonnelle Marte (Reuters) -U.S. Federal Reserve officials on Thursday began taking stock of how the unfolding…

Explainer-Russian Banks Face Exclusion From London
  • Headlines
  • Reuters

Explainer-Russian Banks Face Exclusion From London

The Cheap InvestorFebruary 24, 20220

By Tommy Wilkes and John McCrank LONDON/NEW YORK (Reuters) – Russian banks will be “totally” excluded from Britain’s financial system,…

  • AP
  • Headlines

Justice Department sues UnitedHealth over nearly $8B deal

The Cheap InvestorFebruary 24, 2022February 25, 20220

Federal regulators are suing to block UnitedHealth Group’s purchase of technology company Change Healthcare, a deal they fear will put…

Global Fund Managers Take Fright At Russian Invasion
  • Headlines
  • Reuters

Global Fund Managers Take Fright At Russian Invasion

The Cheap InvestorFebruary 24, 20220

By Carolyn Cohn LONDON (Reuters) – Global fund managers have been cutting back their Russian investments as they braced for…

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