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May 16, 2022

Trump's Social Media App May Raise Up To $50 Million Before Deal Closes -filing Says
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  • Reuters

Trump’s Social Media App May Raise Up To $50 Million Before Deal Closes -filing Says

The Cheap InvestorMay 16, 20220

By Echo Wang (Reuters) – Former U.S. President Donald Trump’s new social media venture disclosed in a regulatory filing on…

United Airlines Lifts Second-quarter Revenue Forecast
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  • Reuters

United Airlines Lifts Second-quarter Revenue Forecast

The Cheap InvestorMay 16, 20220

By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines Holdings Inc on Monday raised its revenue estimate for the current…

  • AP
  • Headlines

BNSF tweaks attendance rules but unions still complain

The Cheap InvestorMay 16, 2022May 17, 20220

OMAHA, Neb. (AP) — BNSF railroad is tweaking its strict new attendance policy that upset workers, but the unions that…

  • AP
  • Headlines

Once a powerful symbol in Russia, McDonald’s withdraws

The Cheap InvestorMay 16, 2022May 17, 20220

Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming…

Big Oil Gets Investor Reprieve As Energy Worries Trump Climate Concerns
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Big Oil Gets Investor Reprieve As Energy Worries Trump Climate Concerns

The Cheap InvestorMay 16, 20220

(In this May 10 story, the date of ConocoPhillips shareholder meeting has been corrected in paragraph nine.) By Ross Kerber…

  • AP
  • Headlines

A Bezos-Biden squabble: Can corporate taxes tame inflation?

The Cheap InvestorMay 16, 2022May 17, 20220

WASHINGTON (AP) — Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing…

Explainer-What Happened With Abbott Baby Formula That Worsened A U.S. Shortage?
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  • Reuters

Explainer-What Happened With Abbott Baby Formula That Worsened A U.S. Shortage?

The Cheap InvestorMay 16, 20220

(Reuters) – Abbott Laboratories, the biggest U.S. supplier of powder infant formula including Similac, initiated a recall and closed its…

Twitter CEO Defends Company's Count Of Spam Accounts After Musk Criticism
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  • Reuters

Twitter CEO Defends Company’s Count Of Spam Accounts After Musk Criticism

The Cheap InvestorMay 16, 20220

By Katie Paul (Reuters) -Twitter Inc CEO Parag Agrawal on Monday tweeted that internal estimates of spam accounts on the…

Wall Street Mixed As Energy Rallies And Tesla Tumbles
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  • Reuters

Wall Street Mixed As Energy Rallies And Tesla Tumbles

The Cheap InvestorMay 16, 20220

By Amruta Khandekar and Noel Randewich (Reuters) – Wall Street was mixed on Monday, with energy stocks rallying and Tesla…

U.S. Eyes Baby Formula Imports Amid Nationwide Shortage
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  • Reuters

U.S. Eyes Baby Formula Imports Amid Nationwide Shortage

The Cheap InvestorMay 16, 20220

By Susan Heavey and Jeff Mason WASHINGTON (Reuters) -U.S. health regulators will announce action on baby formula imports as soon…

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