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August 2022

U.S. Justice Department In Early Stages Of Drafting Possible Antitrust Suit Against Apple -Politico
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  • Reuters

U.S. Justice Department In Early Stages Of Drafting Possible Antitrust Suit Against Apple -Politico

The Cheap InvestorAugust 26, 20220

WASHINGTON (Reuters) -The U.S. Justice Department is in the early stages of drafting a potential antitrust complaint against Apple Inc,…

  • AP
  • Headlines

US, China reach deal in dispute over Chinese company audits

The Cheap InvestorAugust 26, 2022August 28, 20220

WASHINGTON (AP) — The U.S. and China have reached a tentative agreement to allow U.S. regulators to inspect the audits…

Moderna Sues Pfizer/BioNTech For Patent Infringement Over COVID Vaccine
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  • Reuters

Moderna Sues Pfizer/BioNTech For Patent Infringement Over COVID Vaccine

The Cheap InvestorAugust 26, 20220

By Daniel Trotta (Reuters) -Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development…

  • AP
  • Headlines

Powell: Fed’s inflation fight could bring ‘pain,’ job losses

The Cheap InvestorAugust 26, 2022August 29, 20220

JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark warning Friday about the Fed’s determination to…

Dollar Rebounds As Powell Commits To Fighting Inflation
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  • Reuters

Dollar Rebounds As Powell Commits To Fighting Inflation

The Cheap InvestorAugust 26, 20220

By Karen Brettell NEW YORK (Reuters) – The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted…

  • AP
  • Headlines

Germany rethinks gas surcharge after backlash over profits

The Cheap InvestorAugust 26, 2022August 28, 20220

BERLIN (AP) — The German government is considering backtracking on plans for consumers to pay a surcharge on natural gas…

U.S. And China Reach Audit Deal In Boon For Chinese Tech Companies
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  • Reuters

U.S. And China Reach Audit Deal In Boon For Chinese Tech Companies

The Cheap InvestorAugust 26, 20220

By Scott Murdoch, Xie Yu and Samuel Shen HONG KONG (Reuters) – Beijing and Washington took a major step on…

  • AP
  • Headlines

Moderna sues Pfizer, BioNTech over COVID-19 vaccine patents

The Cheap InvestorAugust 26, 2022August 27, 20220

COVID-19 vaccine maker Moderna is suing Pfizer and the German drugmaker BioNTech, accusing its main competitors of copying Moderna’s technology…

Nasdaq, S&P 500 Muted Ahead Of Powell's Speech
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  • Reuters

Nasdaq, S&P 500 Muted Ahead Of Powell’s Speech

The Cheap InvestorAugust 26, 20220

By Bansari Mayur Kamdar and Devik Jain (Reuters) – The S&P 500 and the Nasdaq were subdued on Friday in…

  • AP
  • Headlines

Wendy Schmidt gives big to protect oceans, planet’s future

The Cheap InvestorAugust 26, 2022August 26, 20220

As a child, Wendy Schmidt didn’t think about how the ocean intersected with human life. It was a nice place…

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