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August 2022

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Buffett’s company trims its stake in Chinese EV maker BYD

The Cheap InvestorAugust 31, 2022August 31, 20220

OMAHA, Neb. (AP) — Warren Buffett’s company has trimmed its stake in Chinese electric car and battery maker BYD for…

  • AP
  • Headlines

Equity is goal, not mandate, in California electric car rule

The Cheap InvestorAugust 31, 2022August 31, 20220

SACRAMENTO, Calif. (AP) — Discounted prices, car-share programs and at least one million more public charging stations are among the…

China's Factory Activity Extends Declines As Heat, COVID Hit Output
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  • Reuters

China’s Factory Activity Extends Declines As Heat, COVID Hit Output

The Cheap InvestorAugust 30, 20220

BEIJING (Reuters) -China’s factory activity extended declines in August as new COVID infections, the worst heatwaves in decades and an…

China's Aug Factory Activity Extends Declines As Risks Grow
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  • Reuters

China’s Aug Factory Activity Extends Declines As Risks Grow

The Cheap InvestorAugust 30, 20220

BEIJING (Reuters) – China’s factory activity extended declines in August as new COVID infections, the worst heatwaves in decades and…

Asia Continues Global Stock Slump As Fed Tightening Fears Flare
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  • Reuters

Asia Continues Global Stock Slump As Fed Tightening Fears Flare

The Cheap InvestorAugust 30, 20220

By Kevin Buckland TOKYO (Reuters) – Asian markets extended the global stocks selloff on Wednesday, as investor worries about aggressive…

Mexican Judge Declares Local Airline Interjet Bankrupt - Document
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  • Reuters

Mexican Judge Declares Local Airline Interjet Bankrupt – Document

The Cheap InvestorAugust 30, 20220

MEXICO CITY (Reuters) -A Mexican judge has declared local airline Interjet bankrupt, a document from judicial authorities showed on Tuesday,…

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Sale of Warren Buffett portrait can’t match $19M lunch bid

The Cheap InvestorAugust 30, 2022August 30, 20220

OMAHA, Neb. (AP) — The auction of a high-tech portrait of Warren Buffett didn’t come close to matching the $19…

New Russia Gas Halt To Tighten Energy Screws On Europe
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  • Reuters

New Russia Gas Halt To Tighten Energy Screws On Europe

The Cheap InvestorAugust 30, 20220

By Christoph Steitz and Nina Chestney FRANKFURT/LONDON (Reuters) – Russia will halt gas supplies via a major pipeline to Europe…

Snap Top Ad Executives Exit Amid Report On Staff Cut Plans
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  • Reuters

Snap Top Ad Executives Exit Amid Report On Staff Cut Plans

The Cheap InvestorAugust 30, 20220

(Reuters) -Snap Inc said on Tuesday its two senior advertising executives have exited the company, hours after a report disclosed…

Goldman Sachs To Lift COVID Protocols - Memo
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  • Reuters

Goldman Sachs To Lift COVID Protocols – Memo

The Cheap InvestorAugust 30, 20220

NEW YORK (Reuters) -Goldman Sachs Group Inc will lift pandemic-era protocols at its offices effective Sept. 6, according to an…

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