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December 5, 2025
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Commerce Dept. adds 33 Chinese companies to red flag list

The Cheap Investor4 years ago4 years ago03 mins

WASHINGTON (AP) — The Biden administration is raising red flags about 33 Chinese companies whose legitimacy it cannot verify, imposing new restrictions on their ability to receive shipments from U.S. exporters and requiring extra diligence from American companies that want to do business with them. The Commerce Department said Monday that it was adding the…

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California votes to require paid sick leave for virus cases

The Cheap Investor4 years ago4 years ago05 mins

SACRAMENTO, Calif. (AP) — When Crystal Orozco got sick with the coronavirus last month, she missed nearly two weeks’ worth of her salary as a shift leader at a fast food restaurant and had to ask family members for a loan to help pay her rent. “My check was literally $86,” she said. “I was…

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Report: Corporate climate pledges are weaker than they seem

The Cheap Investor4 years ago4 years ago07 mins

NEW YORK (AP) — Many of the world’s largest companies are failing to take significant enough steps to meet their pledges to vastly reduce the impact of their greenhouse gas emissions in the decades ahead. That’s the conclusion of a new report by the NewClimate Institute, an environmental organization that works to combat global warming….

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Boris Johnson reboots office in bid to move past ‘partygate’

The Cheap Investor4 years ago4 years ago05 mins

LONDON (AP) — Boris Johnson has brought in new senior staffers as he tries to restore his flagging authority — including a communications chief who insisted the British prime minister is “not a total clown.” The prime minister hired Guto Harri, an aide from his days as London mayor who has recently been critical of…

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Credit Suisse faces trial in drug-tied money laundering case

The Cheap Investor4 years ago4 years ago03 mins

GENEVA (AP) — A Swiss criminal court was opening a trial Monday on charges that Credit Suisse failed to do enough to stop money laundering linked to drug trafficking by a Bulgarian criminal organization, which employed a wrestler who once hauled millions in currency by car to Switzerland. The case against the bank in federal…

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Ukraine-Russia crisis: What to know about rising fear of war

The Cheap Investor4 years ago4 years ago06 mins

BRUSSELS (AP) — Several world leaders lined up Monday to walk a diplomatic tightrope that could mean the difference between war in Ukraine and an uneasy peace there as Russia’s menacing actions on the border of its neighbor continued unabated. Here’s a look at what is happening where and why: FROM MOSCOW TO WASHINGTON Russian…

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Frontier bids $2.9 billion for rival budget airline Spirit

The Cheap Investor4 years ago4 years ago05 mins

Frontier Airlines and Spirit Airlines are proposing to combine in a $2.9 billion deal that would create a larger discount airline to compete against the nation’s dominant carriers and, they say, promote lower fares. Both are ultra-low-cost carriers that tempt travelers with rock-bottom prices for no-frills service but often generate more than their share of…

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Spotify CEO says canceling Joe Rogan isn’t ‘the answer’

The Cheap Investor4 years ago4 years ago05 mins

Joe Rogan has put Spotify in a tough spot, but the streaming giant is not ready to part ways with the popular podcast host despite intense criticism over his anti-coronavirus vaccine comments and use of racial slurs. Spotify CEO Daniel Ek also said in a message to employees Sunday that Rogan’s racist language was “incredibly…

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Iran nuclear talks to resume in Vienna on Tuesday

The Cheap Investor4 years ago4 years ago02 mins

BERLIN (AP) — Talks to revive Iran’s tattered 2015 nuclear deal with world powers are resuming on Tuesday after breaking off for a bit over a week for diplomats to return home for consultations. The European Union, which chairs the talks in Vienna, announced the resumption on Monday. The United States pulled out of the…

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Japan’s tech giant Toshiba to split; sell stake in Carrier

The Cheap Investor4 years ago4 years ago02 mins

TOKYO (AP) — Embattled Japanese technology giant Toshiba plans to split into two companies, one focused on infrastructure and the other on devices, in its latest effort to placate unhappy shareholders. As part of the proposed plan, Tokyo-based Toshiba Corp. intends to sell its joint venture stake in Toshiba Carrier Corp. to the U.S.-based Carrier…

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