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March 2023

Union Says Lyondell Misled It About Possible Houston Refinery Buyers -letter
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Union Says Lyondell Misled It About Possible Houston Refinery Buyers -letter

The Cheap InvestorMarch 11, 20230

By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) said in a letter to members it was misled by…

Union Says Lyondell Misled USW About Possible Houston Refinery Buyers -letter
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Union Says Lyondell Misled USW About Possible Houston Refinery Buyers -letter

The Cheap InvestorMarch 11, 20230

By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) said in a letter to members it was misled by…

  • Asia
  • Australia

Silicon Valley Bank is largest failure since 2008 crisis, billions stranded

The Cheap InvestorMarch 11, 2023March 11, 20230

By David French, Echo Wang and Alun John (Reuters) – Startup-focused lender SVB Financial Group became the largest bank to…

Silicon Valley Bank Staff Offered 45 Days Of Work At 1.5 Times Salary
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Silicon Valley Bank Staff Offered 45 Days Of Work At 1.5 Times Salary

The Cheap InvestorMarch 11, 20230

By Lananh Nguyen and Pete Schroeder NEW YORK (Reuters) – Employees of Silicon Valley Bank were offered 45 days of…

Stablecoin USDC Breaks Dollar Peg After Revealing $3.3 Billion Silicon Valley Bank Exposure
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Stablecoin USDC Breaks Dollar Peg After Revealing $3.3 Billion Silicon Valley Bank Exposure

The Cheap InvestorMarch 11, 20230

LONDON (Reuters) – By Elizabeth Howcroft and Rishabh Jaiswal Stablecoin USD Coin (USDC) lost its dollar peg and slumped to…

SVB's Lightning Collapse Stuns Banking Industry
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SVB’s Lightning Collapse Stuns Banking Industry

The Cheap InvestorMarch 11, 20230

By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK (Reuters) – The rapid unraveling of SVB Financial Group has blindsided the…

Silicon Valley Bank's Demise Began With Downgrade Threat
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Silicon Valley Bank’s Demise Began With Downgrade Threat

The Cheap InvestorMarch 11, 20230

By Echo Wang (Reuters) – In the middle of last week, Moody’s Investors Service Inc delivered alarming news to SVB…

US Lawmakers Met Fed, FDIC To Discuss Silicon Valley Bank's Collapse - Coindesk
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US Lawmakers Met Fed, FDIC To Discuss Silicon Valley Bank’s Collapse – Coindesk

The Cheap InvestorMarch 11, 20230

(Reuters) – U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the collapse…

Silicon Valley Bank Is Largest Failure Since 2008  Crisis, Billions Stranded
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  • Reuters

Silicon Valley Bank Is Largest Failure Since 2008 Crisis, Billions Stranded

The Cheap InvestorMarch 11, 20230

By David French, Echo Wang and Alun John (Reuters) – Startup-focused lender SVB Financial Group became the largest bank to…

Elon Musk Exercises Options To Acquire 10,500 Tesla Shares - Filing
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Elon Musk Exercises Options To Acquire 10,500 Tesla Shares – Filing

The Cheap InvestorMarch 10, 20230

(Reuters) – Tesla Inc Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker,…

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