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December 10, 2025
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Google parent suffers 1Q growth slowdown, profit decline

The Cheap Investor4 years ago4 years ago04 mins

SAN RAMON, Calif. (AP) — Google’s corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror. For most companies, the numbers announced by Alphabet Inc. would be a cause for celebration. But tech…

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Brainard wins Senate confirmation to be Fed’s vice chair

The Cheap Investor4 years ago4 years ago06 mins

WASHINGTON (AP) — The Senate on Tuesday confirmed the nomination of Lael Brainard to a four-year term as vice chair of the Federal Reserve, elevating her to the Fed’s No. 2 post in the midst of the central bank’s toughest fight against inflation in four decades. Her confirmation came in a 52-43 vote in the…

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Delta to begin paying flight attendants during boarding

The Cheap Investor4 years ago4 years ago02 mins

Delta Air Lines, which is facing another attempt to unionize its flight attendants, will begin paying cabin crews during boarding, a first for a major U.S. airline. Across the airline industry in the United States, hourly pay for flight attendants starts when all the passengers are seated and the plane’s doors close. Delta said the…

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JetBlue sees return to profitability delayed by flight woes

The Cheap Investor4 years ago4 years ago03 mins

DALLAS (AP) — JetBlue Airways said Tuesday that it lost $255 million in the first quarter, and widespread flight cancellations in April plus the need to hire and train more pilots will delay the company’s return to profitability. New York-based JetBlue said it would further reduce its schedule this summer to limit delays and cancellations….

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US consumers still confident in April, but slightly less so

The Cheap Investor4 years ago4 years ago02 mins

WASHINGTON (AP) — U.S. consumer confidence dampened slightly in April but remains high even as inflation continues to cloud their optimism about the rest of the year. The Conference Board said Tuesday that its consumer confidence index — which takes into account consumers’ assessment of current conditions and their outlook for the future — edged…

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Winner of Slovenia vote hopes to form government by mid-June

The Cheap Investor4 years ago4 years ago02 mins

LJUBLJANA, Slovenia (AP) — The winner of last weekend’s parliamentary election in Slovenia said Tuesday he hopes to have a new government formed by mid-June. Robert Golob, the leader of the Freedom Movement party, spoke after meeting with President Borut Pahor. The meeting was Golob’s first public appearance since he had tested positive for COVID-19…

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Death toll rises to 13 in Poland mine accidents; 11 missing

The Cheap Investor4 years ago4 years ago02 mins

WARSAW, Poland (AP) — The death toll from two coal mine accidents last week in southern Poland has risen to 13 after another injured miner died Tuesday, a doctor said. The miner died at the Siemianowice Slaskie hospital, which specializes in treating burns, where 20 other coal mine workers were still being treated for injuries…

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Live updates | UK doesn’t want war escalating beyond Ukraine

The Cheap Investor4 years ago4 years ago016 mins

LONDON — Prime Minister Boris Johnson says Britain does not want war “to escalate beyond Ukraine’s borders,” and rejected an allegation by Moscow that the West is fighting a proxy conflict with Russia. But Johnson said Ukrainians “are being attacked from within Russian territory” and “have a right to protect and defend themselves” by striking…

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Russia’s war heats up cooking oil prices in global squeeze

The Cheap Investor4 years ago4 years ago07 mins

ISTANBUL (AP) — For months, Istanbul restaurant Tarihi Balikca tried to absorb the surging cost of the sunflower oil its cooks use to fry fish, squid and mussels. But in early April, with oil prices nearly four times higher than they were in 2019, the restaurant finally raised its prices. Now, even some longtime customers…

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Musk’s ‘free speech’ push for Twitter: Repeating history?

The Cheap Investor4 years ago4 years ago06 mins

Elon Musk, the world’s richest man, is spending $44 billion to acquire Twitter with the stated aim of turning it into a haven for “free speech.” There’s just one problem: The social platform has been down this road before, and it didn’t end well. A decade ago, a Twitter executive dubbed the company “the free…

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