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June 2022

Cotton Rally Squeezes Asian Garment Makers, Threatens Recovery From COVID
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  • Reuters

Cotton Rally Squeezes Asian Garment Makers, Threatens Recovery From COVID

The Cheap InvestorJune 1, 20220

By Rajendra Jadhav, Ruma Paul and Ashitha Shivaprasad MUMBAI/DHAKA (Reuters) – A near doubling in benchmark cotton futures to 11-year…

Teetering On Default, Russia Misses $1.9 Million Payment, Committee Determines
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Teetering On Default, Russia Misses $1.9 Million Payment, Committee Determines

The Cheap InvestorJune 1, 20220

By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) -Russia’s failure to pay $1.9 million in accrued interest on…

Dimon Says Brace For U.S. Economic 'hurricane' Due To Inflation
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Dimon Says Brace For U.S. Economic ‘hurricane’ Due To Inflation

The Cheap InvestorJune 1, 20220

By Elizabeth Dilts Marshall and Niket Nishant (Reuters) – Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co…

Delta, United Airlines Sound Bullish On Post-pandemic Spending
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Delta, United Airlines Sound Bullish On Post-pandemic Spending

The Cheap InvestorJune 1, 20220

By Rajesh Kumar Singh and Aishwarya Nair (Reuters) -Delta Air Lines Inc and United Airlines on Wednesday played down the…

USPS Expects To Boost Purchase Of Electric Delivery Vehicles
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  • Reuters

USPS Expects To Boost Purchase Of Electric Delivery Vehicles

The Cheap InvestorJune 1, 20220

By David Shepardson (Reuters) -The U.S. Postal Service (USPS) said on Wednesday it is seeking to boost the number of…

Exclusive-Biden Administration Likely To Retroactively Raise Ethanol Blending Volumes For 2021, Sources Say
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Exclusive-Biden Administration Likely To Retroactively Raise Ethanol Blending Volumes For 2021, Sources Say

The Cheap InvestorJune 1, 20220

By Jarrett Renshaw and Stephanie Kelly (Reuters) -The Biden administration is likely to raise ethanol blending mandates for 2021 above…

U.S., Taiwan To Launch Trade Talks After Island Excluded From Indo-Pacific Group
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  • Reuters

U.S., Taiwan To Launch Trade Talks After Island Excluded From Indo-Pacific Group

The Cheap InvestorJune 1, 20220

By David Lawder and Michael Martina WASHINGTON (Reuters) -The United States will launch new trade talks with Taiwan, U.S. officials…

Warner Bros Chairman To Step Down, MGM Studio Chiefs To Take Over
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Warner Bros Chairman To Step Down, MGM Studio Chiefs To Take Over

The Cheap InvestorJune 1, 20220

(Reuters) -Warner Bros Pictures Group Chairman Toby Emmerich is stepping down, the company announced Wednesday, as Warner Bros Discovery CEO…

Meta Platforms Operations Chief Sheryl Sandberg To Leave After 14 Years
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Meta Platforms Operations Chief Sheryl Sandberg To Leave After 14 Years

The Cheap InvestorJune 1, 20220

(Reuters) – Meta Platforms Inc Chief Operating Officer Sheryl Sandberg will leave the social media company after 14 years, according…

  • AP
  • Headlines

Ford CEO sees electric vehicle price war as EV costs decline

The Cheap InvestorJune 1, 2022June 2, 20220

DETROIT (AP) — Ford’s chief executive says he expects the cost of building electric vehicles to fall to the point…

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