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February 15, 2023

Airbus Appoints Thomas Toepfer As New CFO
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Airbus Appoints Thomas Toepfer As New CFO

The Cheap InvestorFebruary 15, 20230

(Reuters) – Airbus said on Wednesday it appointed Thomas Toepfer as its new chief financial officer. He will join the…

Lufthansa IT Meltdown Strands Thousands Of Passengers
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Lufthansa IT Meltdown Strands Thousands Of Passengers

The Cheap InvestorFebruary 15, 20230

By Ilona Wissenbach and Hakan Ersen FRANKFURT (Reuters) -An IT failure at Lufthansa stranded thousands of passengers and forced flights…

Boeing Says Still Facing Parts Shortages Amid Supply Squeeze
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Boeing Says Still Facing Parts Shortages Amid Supply Squeeze

The Cheap InvestorFebruary 15, 20230

(Reuters) – Boeing Co’s finance chief said on Wednesday at a Cowen conference that the planemaker was still facing parts…

Wall St Slips As Strong Retail Sales Data Fuels Rate Worries
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Wall St Slips As Strong Retail Sales Data Fuels Rate Worries

The Cheap InvestorFebruary 15, 20230

By Johann M Cherian and Sruthi Shankar (Reuters) – Wall Street’s main stock indexes fell on Wednesday after stronger-than-expected retail…

U.S. Manufacturing Output Surges In January
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U.S. Manufacturing Output Surges In January

The Cheap InvestorFebruary 15, 20230

WASHINGTON (Reuters) – Production at U.S. factories rebounded in January, but output in the prior month was much weaker than…

New York Factory Activity Contracts Less Than Expected In February, NY Fed Says
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New York Factory Activity Contracts Less Than Expected In February, NY Fed Says

The Cheap InvestorFebruary 15, 20230

(Reuters) – The New York Federal Reserve said on Wednesday its barometer of manufacturing activity in New York State contracted…

Starbucks CEO Declines To Appear At U.S. Senate Hearing
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Starbucks CEO Declines To Appear At U.S. Senate Hearing

The Cheap InvestorFebruary 15, 20230

By David Shepardson WASHINGTON (Reuters) -Starbucks Corp Chief Executive Howard Schultz declined an invitation from 11 senators to testify on…

Goldman Sachs Drops Plans For Direct-to-consumer Credit Card - CNBC
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Goldman Sachs Drops Plans For Direct-to-consumer Credit Card – CNBC

The Cheap InvestorFebruary 15, 20230

(Reuters) – Goldman Sachs Group Inc has dropped plans to develop a branded credit card for retail customers, CNBC reported…

Barclays Tightens Lending For Dirtiest Fossil Fuels
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Barclays Tightens Lending For Dirtiest Fossil Fuels

The Cheap InvestorFebruary 15, 20230

By Tommy Wilkes LONDON (Reuters) – Barclays on Wednesday said it was tightening lending criteria for coal power and would…

Kering To Name Group Level Image Executive Following Balenciaga Ad Controversy
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Kering To Name Group Level Image Executive Following Balenciaga Ad Controversy

The Cheap InvestorFebruary 15, 20230

PARIS (Reuters) – Kering is creating a new position at the group level to oversee “brand safety” following the controversy…

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