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May 16, 2023

  • Asia
  • Economy

Biden vetoes legislation to block solar panel tariffs waivers

The Cheap InvestorMay 16, 2023May 16, 20230

WASHINGTON (Reuters) -President Joe Biden said on Tuesday he has vetoed legislation passed by the U.S. Congress that would repeal…

  • Asia
  • Business

US Commerce chief says green steel pact would combat excess Chinese output

The Cheap InvestorMay 16, 2023May 16, 20230

By David Lawder WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration was “extremely focused”…

  • Asia
  • Elections

Pakistan to try ex-PM Khan’s violent supporters under army laws

The Cheap InvestorMay 16, 2023May 16, 20230

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s civilian and military leaders on Tuesday said that rioters and their backers who…

  • Top News

U.S. Postal chief vows more ‘aggressive actions’ after missing financial target

The Cheap InvestorMay 16, 2023May 16, 20230

By David Shepardson WASHINGTON (Reuters) -U.S. Postmaster General Louis DeJoy will tell lawmakers on Wednesday he plans to take more…

  • Business
  • US

Wells Fargo to pay $1 billion to settle shareholder lawsuit over recovery from scandals

The Cheap InvestorMay 16, 2023May 16, 20230

By Jonathan Stempel NEW YORK (Reuters) -Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit…

  • Business
  • Economy

Blackstone, Thomson Reuters consortium looks to sell further $3 billion in LSEG shares

The Cheap InvestorMay 16, 2023May 16, 20230

LONDON (Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters, the publisher of Reuters News, is looking…

  • Business
  • Economy

US bank regulators vow tougher rules, oversight after bank failures

The Cheap InvestorMay 16, 2023May 16, 20230

By Pete Schroeder and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve will unveil its plan to ratchet up capital rules…

Ex-SVB CEO Says Was Unaware Of Bank's Problems When He Sold Stock
  • Headlines
  • Reuters

Ex-SVB CEO Says Was Unaware Of Bank’s Problems When He Sold Stock

The Cheap InvestorMay 16, 20230

By Hannah Lang and Tatiana Bautzer WASHINGTON/NEW YORK (Reuters) -The former chief executive of Silicon Valley Bank was unaware the…

  • Business
  • Economy

US regional bank shares bounce as debt ceiling overshadows crisis

The Cheap InvestorMay 16, 2023May 16, 20230

By Chibuike Oguh and Niket Nishant (Reuters) – Shares of U.S. regional lenders rose on Monday, led by a rebound…

  • Europe
  • Politics

U.S. condemns reported arrest of former U.S. mission employee in Russia

The Cheap InvestorMay 16, 2023May 16, 20230

WASHINGTON (Reuters) – The U.S. State Department said on Tuesday it “strongly condemns” the reported arrest of Robert Shonov, a…

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