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March 28, 2023

Lyft Shares Reverse Course After Incoming CEO Says Company Not For Sale
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Lyft Shares Reverse Course After Incoming CEO Says Company Not For Sale

The Cheap InvestorMarch 28, 20230

By Aditya Soni (Reuters) -Lyft Inc’s shares were down 3% in mid-day trading on Tuesday after incoming Chief Executive Officer…

China's Alibaba To Break Up Empire Into Six Units As Jack Ma Returns Home
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China’s Alibaba To Break Up Empire Into Six Units As Jack Ma Returns Home

The Cheap InvestorMarch 28, 20230

By Josh Horwitz SHANGHAI (Reuters) – Alibaba Group is planning to split into six units and explore fundraisings or listings…

Canada To Ramp Up Clean-tech Push In Budget To Level Playing Field With US
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Canada To Ramp Up Clean-tech Push In Budget To Level Playing Field With US

The Cheap InvestorMarch 28, 20230

By Steve Scherer OTTAWA (Reuters) -Canadian Finance Minister Chrystia Freeland on Tuesday will present this year’s budget, which will have…

U.S. Consumer Confidence Rises In March
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U.S. Consumer Confidence Rises In March

The Cheap InvestorMarch 28, 20230

WASHINGTON (Reuters) – U.S. consumer confidence unexpectedly increased in March, but Americans are becoming a bit anxious about the labor…

Former Starbucks CEO To Tell Lawmakers Company Engages In Good Faith Bargaining
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Former Starbucks CEO To Tell Lawmakers Company Engages In Good Faith Bargaining

The Cheap InvestorMarch 28, 20230

(Reuters) – Former Starbucks Chief Executive Howard Schultz will defend the company’s labor talks before a U.S Senate Committee on…

Europe's Banks In 'better Place' Than U.S. In Terms Of Commercial Property Risk - JPMorgan
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Europe’s Banks In ‘better Place’ Than U.S. In Terms Of Commercial Property Risk – JPMorgan

The Cheap InvestorMarch 28, 20230

By Marc Jones LONDON (Reuters) – Europe’s banks face less threat from some of the problems now showing in the…

Alibaba To Break Up Empire Into Six Units, Seek IPOs
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Alibaba To Break Up Empire Into Six Units, Seek IPOs

The Cheap InvestorMarch 28, 20230

By Josh Horwitz (Reuters) – Alibaba Group plans to split its business into six main units covering e-commerce to cloud…

Banking Volatility Eases As Regulators Refine Responses
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Banking Volatility Eases As Regulators Refine Responses

The Cheap InvestorMarch 28, 20230

By Sruthi Shankar and Francesco Canepa (Reuters) – Immediate investor concerns over the banking sector eased on Tuesday, lifting stock…

Starbucks, Union At Odds Over Hybrid Negotiations
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Starbucks, Union At Odds Over Hybrid Negotiations

The Cheap InvestorMarch 28, 20230

(Reuters) -Starbucks Corp, which has faced criticism over its opposition to union organizing, said the labor union representing some of…

Irn-Bru Maker A.G. Barr Flags Margins Hit In Short Term
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Irn-Bru Maker A.G. Barr Flags Margins Hit In Short Term

The Cheap InvestorMarch 28, 20230

(Reuters) – A.G. Barr on Tuesday warned of a hit to its operating margins in the short term due to…

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