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December 6, 2025
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2nd Amazon warehouse in NYC to hold union election in April

The Cheap Investor4 years ago4 years ago02 mins

NEW YORK (AP) — A second Amazon warehouse in the New York City borough of Staten Island will have a union election in April, the National Labor Relations Board said Friday. In-person voting will be held at the facility known as LDJ5 every day from April 25-29, except for April 26, an NLRB spokesperson said….

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VW recalls over 246,000 SUVs due to unexpected braking

The Cheap Investor4 years ago4 years ago03 mins

DETROIT (AP) — Volkswagen is recalling more than 246,000 SUVs in the U.S. and Canada because faulty wiring harnesses can make them brake unexpectedly, sometimes while in traffic. The recall comes three days after The Associated Press reported that 47 people had complained to U.S. safety regulators about the problem, some reporting nearly being rear-ended…

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Drought-stricken California imposes new round of water cuts

The Cheap Investor4 years ago4 years ago05 mins

SACRAMENTO, Calif. (AP) — California’s urban water users and farmers who rely on supplies from state reservoirs will get less than planned this year as fears of a third consecutive dry year become reality, state officials announced Friday. Water agencies that serve 27 million people and 750,000 acres (303,514 hectares) of farmland, will get just…

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MacKenzie Scott donates $281 million to Boys & Girls Clubs

The Cheap Investor4 years ago4 years ago04 mins

MacKenzie Scott has donated $281 million to Boys & Girls Clubs of America and 62 local Boys & Girls Clubs around the country, the 160-year-old nonprofit announced Thursday. It is the largest public gift Scott has given so far. Scott directed $25 million of the total to the organization’s national office in Atlanta and the…

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Energy agency: 10 steps would save 2.7M barrels of oil a day

The Cheap Investor4 years ago4 years ago02 mins

BERLIN (AP) — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine. The Paris-based agency said in a report released Friday that “practical actions by governments…

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High energy costs trigger unrest in parts of Europe

The Cheap Investor4 years ago4 years ago05 mins

LISBON, Portugal (AP) — High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers amid a truckers’ strike Friday and farmers in France and Greece snarling traffic with their protests. Russia’s war in Ukraine has further pushed up costs for oil and natural gas in Europe, driving…

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February home sales fall amid higher mortgage rates, prices

The Cheap Investor4 years ago4 years ago03 mins

Sales of previously occupied U.S. homes fell in February as competition for a near-record low number of properties on the market drove prices higher and rising mortgage rates kept would-be buyers on the sidelines. Existing home sales fell 7.2% last month from January to a seasonally adjusted annual rate of 6.02 million, the National Association…

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Ukraine war ups pressure for US oil; industry faces hurdles

The Cheap Investor4 years ago4 years ago06 mins

BILLINGS, Mont. (AP) — In the oil fields of northern Montana, industry veteran Mac McDermott watched crude prices whipsaw from $75 a barrel in January to more than $120 as Russia pressed its war in Ukraine, then down again when coronavirus worries in China raised the specter of a global slowdown. McDermott said his family-owned…

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Hit by high costs, Greek farmers stage tractor protest

The Cheap Investor4 years ago4 years ago01 mins

ATHENS, Greece (AP) — Holding up vegetables and black flags, hundreds of protesting farmers blocked traffic in central Athens on Friday to demand that the government grant them additional concessions to cope with high energy costs. The protesters, some in tractors, gathered outside the Agriculture Ministry in Athens and were planning to head to parliament…

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German lawmakers vote to abolish most pandemic restrictions

The Cheap Investor4 years ago4 years ago02 mins

BERLIN (AP) — German lawmakers voted Friday to abolish most of the country’s coronavirus pandemic restrictions despite a surge in infections, with almost 300,000 new daily cases reported. The Bundestag passed an amendment to the pandemic rules in a 364-277 vote with two abstentions. The upper house of parliament, made up of Germany’s 16 states,…

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