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May 2022

Tesla Cut From S&P 500 ESG Index, And Elon Musk Tweets His Fury
  • Headlines
  • Reuters

Tesla Cut From S&P 500 ESG Index, And Elon Musk Tweets His Fury

The Cheap InvestorMay 18, 20220

By Ross Kerber and Hyunjoo Jin (Reuters) -An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed…

Tesla's Musk Says He 'can No Longer Support' Democrats, 'will Vote Republican'
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  • Reuters

Tesla’s Musk Says He ‘can No Longer Support’ Democrats, ‘will Vote Republican’

The Cheap InvestorMay 18, 20220

SAN FRANCISCO (Reuters) -Tesla Inc CEO Elon Musk said on Wednesday that while he voted for Democrats in the past,…

  • AP
  • Headlines

NY agency files discrimination complaint against Amazon

The Cheap InvestorMay 18, 2022May 18, 20220

A state agency in New York has filed an administrative complaint against Amazon, alleging the e-commerce giant discriminated against pregnant…

Tesla Removed From S&P 500 ESG Index, Prompting Musk Fury
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  • Reuters

Tesla Removed From S&P 500 ESG Index, Prompting Musk Fury

The Cheap InvestorMay 18, 20220

By Ross Kerber and Hyunjoo Jin (Reuters) -S&P Dow Jones Indices has removed electric carmaker Tesla Inc from its widely-followed…

Target Warns Of Margin Hit As Rising Costs Dent Profit, Shares Slump 26%
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  • Reuters

Target Warns Of Margin Hit As Rising Costs Dent Profit, Shares Slump 26%

The Cheap InvestorMay 18, 20220

By Aishwarya Venugopal and Uday Sampath Kumar (Reuters) -Target Corp’s quarterly profit halved and it warned on Wednesday of a…

  • AP
  • Headlines

Google’s Russian business plans to file for bankruptcy

The Cheap InvestorMay 18, 2022May 19, 20220

LONDON (AP) — Google says its Russian subsidiary is planning to file for bankruptcy because it can’t pay staff and…

Wells Fargo Sees End-of-year U.S. Recession, Cuts GDP View
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  • Reuters

Wells Fargo Sees End-of-year U.S. Recession, Cuts GDP View

The Cheap InvestorMay 18, 20220

By Sinéad Carew (Reuters) – Wells Fargo Investment Institute said on Wednesday it reduced its economic expectations with a mild…

Oil Falls 2% As U.S. Refiners Ramp Up Output, Equities Retreat
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  • Reuters

Oil Falls 2% As U.S. Refiners Ramp Up Output, Equities Retreat

The Cheap InvestorMay 18, 20220

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell over 2% on Wednesday, reversing early gains as traders grew less worried…

Instant View-S&P 500 Tumbles 3% On Target, Tightening Concerns
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  • Reuters

Instant View-S&P 500 Tumbles 3% On Target, Tightening Concerns

The Cheap InvestorMay 18, 20220

(Reuters) – Wall Street’s stock indexes tumbled as much as 3% on Wednesday as a growth share rally reversed amid…

U.S. Housing Market Cooling As Building Permits Tumble, Starts Fall
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  • Reuters

U.S. Housing Market Cooling As Building Permits Tumble, Starts Fall

The Cheap InvestorMay 18, 20220

By Lucia Mutikani WASHINGTON (Reuters) – Permits for future U.S. homebuilding tumbled to a five-month low in April, suggesting the…

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