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December 18, 2025
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May 2022

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Obama, Airbnb’s Brian Chesky launch $100M in scholarships

The Cheap Investor4 years ago4 years ago03 mins

NEW YORK (AP) — The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel. The Voyager Scholarship will grant $50,000 to rising juniors to cover tuition costs over two years as well as…

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Judge: California’s women on boards law is unconstitutional

The Cheap Investor4 years ago4 years ago04 mins

LOS ANGELES (AP) — A Los Angeles judge has ruled that California’s landmark law requiring women on corporate boards is unconstitutional. Superior Court Judge Maureen Duffy-Lewis said the law that would have required boards have up to three female directors by this year violated the right to equal treatment. The ruling was dated Friday. The…

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Trump's Truth Social Posts Will Have To Wait Before Reposts On Other Platforms
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Trump’s Truth Social Posts Will Have To Wait Before Reposts On Other Platforms

The Cheap Investor4 years ago02 mins

(Reuters) – Donald Trump will have to wait for six hours before reposting his messages from social media platform Truth Social on other platforms, a regulatory filing revealed on Monday. The platform was launched with the mission of standing up to Big Tech, after the former U.S. president was kicked off of Twitter, Facebook and…

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Yellen meets war refugees in Poland, pushes food crisis plan

The Cheap Investor4 years ago4 years ago04 mins

WARSAW, Poland (AP) — U.S. Treasury Secretary Janet Yellen on Monday met with Ukrainian refugees and urged the need to confront Russian brutality as she visited Poland ahead of a meeting of finance ministers for the Group of Seven leading economies. Yellen applauded Poland for helping refugees fleeing the fighting and working with neighboring countries…

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Johnson: UK will act on Northern Ireland rules if EU won’t

The Cheap Investor4 years ago4 years ago05 mins

LONDON (AP) — Prime Minister Boris Johnson on Monday renewed British threats to break a Brexit agreement with the European Union, blaming it for a political crisis that’s blocking the formation of a new government in Northern Ireland. Johnson said there would be “a necessity to act” if the EU doesn’t agree to overhaul post-Brexit…

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France's Thales Wins Major Contract For U.S. Army
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France’s Thales Wins Major Contract For U.S. Army

The Cheap Investor4 years ago01 mins

(Reuters) – Thales won a ten-year contract to deliver advanced tactical radios to the U.S. Army as one of two vendors in a deal with an overall volume of $6 billion, the French defence group said on Monday. “This contract was awarded as part of an effort (of the U.S. Army) to retire its outdated…

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Factbox-U.S. Companies Offering Abortion Travel Benefits
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Factbox-U.S. Companies Offering Abortion Travel Benefits

The Cheap Investor4 years ago02 mins

-A small but growing number of companies, including Amazon.com and Tesla Inc, are rolling out policies to offer benefits to U.S. employees who may need to access abortion services as some state legislatures impose tighter restrictions. An unprecedented leak of a draft opinion earlier this month suggests that the U.S. Supreme Court is set to…

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Surging Natural Gas Prices Squeeze U.S. Industrial Sector
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  • Reuters

Surging Natural Gas Prices Squeeze U.S. Industrial Sector

The Cheap Investor4 years ago04 mins

By Marcy de Luna and Bianca Flowers HOUSTON/CHICAGO (Reuters) – Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United States exports more gas to Europe to make up for Russian supplies lost to sanctions. U.S. natural gas futures have doubled this year,…

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Starbucks will cover travel for workers seeking abortions

The Cheap Investor4 years ago4 years ago02 mins

Starbucks said Monday it will pay the travel expenses for U.S. employees to access abortion and gender-confirmation procedures if those services aren’t available within 100 miles of a worker’s home. The Seattle coffee giant said it will also make the travel benefit available to the dependents of employees who are enrolled in Starbucks’ health care…

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New York State Factory Activity Slumps Again In May; Price Pressures Easing
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New York State Factory Activity Slumps Again In May; Price Pressures Easing

The Cheap Investor4 years ago03 mins

(Add details, analyst comments) By Lucia Mutikani WASHINGTON (Reuters) – Factory activity in New York state slumped in May for the third time this year amid a collapse in new orders and shipments, though manufacturers were slightly upbeat about business conditions over the next six months. But the survey from the New York Federal Reserve…

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