HeadlinesReuters PacWest Leads Losses In Regional Bank Stocks The Cheap InvestorMay 9, 20230 (Reuters) -Shares of PacWest Bancorp looked set to lead declines in U.S. regional lenders at market open on Tuesday as…
BusinessEconomy Iveco to fully own venture with Nikola on electric, hydrogen trucks The Cheap InvestorMay 9, 2023May 9, 20230 By Giulio Piovaccari MILAN (Reuters) -Iveco Group is set to loosen ties with U.S. start-up Nikola as it said on…
HeadlinesReuters Fisker Cuts Production Forecast As Challenges Mount For EV Startups The Cheap InvestorMay 9, 20230 (Reuters) -Fisker Inc lowered its 2023 production target on Tuesday, the latest sign that U.S. electric-vehicle startups were struggling to…
BusinessTechnology Fisker cuts production forecast as challenges mount for EV startups The Cheap InvestorMay 9, 2023May 9, 20230 (Reuters) -Fisker Inc lowered its 2023 production target on Tuesday, the latest sign that U.S. electric-vehicle startups were struggling to…
BusinessEconomy US debt limit default could hit in early June to early August -think tank The Cheap InvestorMay 9, 2023May 9, 20230 By David Lawder WASHINGTON (Reuters) -The U.S. government will begin defaulting on its payment obligations between early June and early…
ElectionsPolitics Michael Cohen calls Trump’s $500 million suit against him “pure retaliation” The Cheap InvestorMay 9, 2023May 9, 20230 By Karen Freifeld and Jonathan Stempel (Reuters) – Donald Trump’s onetime lawyer and fixer Michael Cohen asked a court to…
BusinessEconomy Explainer-Why the EU is restricting grain imports from Ukraine The Cheap InvestorMay 9, 2023May 9, 20230 (Repeats for additional subscribers) LONDON (Reuters) – The European Commission has announced restrictions on the imports of Ukrainian wheat, maize,…
BusinessEconomy Ford to test small UK fleet of hydrogen fuel cell E-Transit vans The Cheap InvestorMay 9, 2023May 9, 20230 By Nick Carey LONDON (Reuters) – Ford Motor Co said on Tuesday it will test a small fleet of prototype…
BusinessEconomy China’s shrinking imports, slower exports growth darken economic outlook The Cheap InvestorMay 9, 2023May 9, 20230 By Joe Cash BEIJING (Reuters) – China’s imports contracted sharply in April, while exports rose at a slower pace, reinforcing…
BusinessUS Duke Energy misses profit estimates as warm weather weighs on power usage The Cheap InvestorMay 9, 2023May 9, 20230 (Reuters) – Duke Energy Corp on Tuesday missed Wall Street estimates for first-quarter profit, as the gas and electric utilities…