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October 2022

Twitter Tells Employees There Are No Plans For Layoffs
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  • Reuters

Twitter Tells Employees There Are No Plans For Layoffs

The Cheap InvestorOctober 20, 20220

(Reuters) -Twitter Inc on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a…

  • AP
  • Headlines

Railroads reject sick time demands, raising chance of strike

The Cheap InvestorOctober 20, 2022October 21, 20220

OMAHA, Neb. (AP) — The major freight railroads appear unwilling to give track maintenance workers much more than they received…

  • AP
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Report: Elon Musk plans to cut 75% of Twitter workforce

The Cheap InvestorOctober 20, 2022October 21, 20220

SAN FRANCISCO (AP) — Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner…

Sterling Dips After Truss Resigns, Fragile Yen Weakens Past 150 Level
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Sterling Dips After Truss Resigns, Fragile Yen Weakens Past 150 Level

The Cheap InvestorOctober 20, 20220

By Rae Wee SINGAPORE (Reuters) – Sterling edged lower on Friday as investors digested the news that British Prime Minister…

U.S. Weighs Security Review For Musk's Ventures, Including Twitter Deal - Bloomberg News Reporter Tweet
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U.S. Weighs Security Review For Musk’s Ventures, Including Twitter Deal – Bloomberg News Reporter Tweet

The Cheap InvestorOctober 20, 20220

(Reuters) – Biden Administration officials are discussing whether the United States should subject some of Tesla Inc Chief Executive Officer…

  • AP
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American Airlines posts $483 million profit for late summer

The Cheap InvestorOctober 20, 2022October 21, 20220

DALLAS (AP) — The three biggest U.S. airlines enjoyed a boffo summer, reaping a combined profit of more than $2…

Oil Near Flat As Inflation Concerns Contend With Potential Quarantine Easing In China
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Oil Near Flat As Inflation Concerns Contend With Potential Quarantine Easing In China

The Cheap InvestorOctober 20, 20220

By Stephanie Kelly (Reuters) – Oil prices were near flat on Friday, as market participants weighed concerns about steep inflation…

St. Louis Fed To 'think Differently' About Private Events After Citi Forum
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St. Louis Fed To ‘think Differently’ About Private Events After Citi Forum

The Cheap InvestorOctober 20, 20220

By Howard Schneider WASHINGTON (Reuters) -The St. Louis Federal Reserve said it would “think differently” about appearances by its president…

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CSX 3Q profit up 15% as railroad hauls 2% more freight

The Cheap InvestorOctober 20, 2022October 21, 20220

OMAHA, Neb. (AP) — CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight…

St. Louis Fed Says Will "think Differently" About Private Events
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St. Louis Fed Says Will “think Differently” About Private Events

The Cheap InvestorOctober 20, 20220

By Howard Schneider WASHINGTON (Reuters) -The St. Louis Federal Reserve said it would “think differently” about appearances by its president…

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