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December 5, 2025
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Ukraine-Russia crisis: What to know about rising fear of war

The Cheap Investor4 years ago4 years ago04 mins

THE HAGUE, Netherlands (AP) — Chinese President Xi Jinping has backed Russian counterpart Vladimir Putin in his standoff with the West over Ukraine as the two leaders met before the opening ceremony of the Winter Olympics in Beijing. The leaders used a joint statement to call out what they called a “minority on the world…

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Austria vaccine mandate to take effect, but few emulating it

The Cheap Investor4 years ago4 years ago05 mins

VIENNA (AP) — Austria is about to become the first country in Europe to require most adults to get vaccinated against COVID-19, but few other nations appear likely to join it as many turn their attention to loosening restrictions. The mandate for people 18 and over takes effect on Saturday, 2 1/2 months after the…

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Stoltenberg to become Norway’s next central bank governor

The Cheap Investor4 years ago4 years ago03 mins

COPENHAGEN, Denmark (AP) — NATO Secretary-General Jens Stoltenberg will become Norway’s next central bank governor, officials said Friday. Stoltenberg’s tenure at NATO ends later this year. Norway’s government announced his appointment at the central bank in a statement and said it hopes he can start in his new role around Dec. 1. “I am grateful…

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Cash-strapped Sri Lanka appeals to expats to send money

The Cheap Investor4 years ago4 years ago02 mins

COLOMBO, Sri Lanka (AP) — Sri Lanka celebrated its Independence Day on Friday with an appeal by the president to the country’s expatriates to send money home as it struggles with the worst economic crisis in decades mainly due to depleted foreign reserves. Sri Lankans are facing shortages of milk powder, cooking gas, kerosene and…

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Stocks mixed, yields fly as jobs data raises rate outlook

The Cheap Investor4 years ago4 years ago05 mins

NEW YORK (AP) — Wall Street closed out a mostly upbeat week for stocks Friday with a mixed finish for the major indexes and a surge in Treasury yields after a blowout U.S. jobs report raised investors’ expectations that the Federal Reserve may soon start raising interest rates sharply. The S&P 500 settled for a…

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Congress takes up controversy over 5G service near airports

The Cheap Investor4 years ago4 years ago04 mins

Lawmakers wondered aloud Thursday how a showdown between two federal agencies over the rollout of new high-speed wireless service reached crisis proportions last month, but they were short on answers to a dispute that raised concerns about interference with key equipment on some planes. Some flights have been canceled since Verizon and AT&T turned on…

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Amazon reports strong 4Q results despite supply-chain snags

The Cheap Investor4 years ago4 years ago03 mins

NEW YORK (AP) — Amazon reported Thursday that its profits nearly doubled in the final three months of last year, even as it contended with surging costs tied to a snarled supply chain and labor shortages. The Seattle-based online behemoth also said it is raising its annual prime membership fee in the U.S. to $139…

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Ford rides accounting gains, high prices to big 2021 profit

The Cheap Investor4 years ago4 years ago03 mins

DETROIT (AP) — Ford Motor Co. reversed a loss and rode some big accounting changes to post a $17.94 billion net profit last year, even as it battled computer chip shortages that caused factory slowdowns and vehicle shortages. U.S. sales for the Dearborn, Michigan, automaker fell 7% for the year over depressed 2020 numbers. But…

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CNN exec’s ouster rattles prominent staff at pivotal time

The Cheap Investor4 years ago4 years ago05 mins

NEW YORK (AP) — The abrupt ouster of CNN chief executive Jeff Zucker because of a workplace relationship has left some prominent employees feeling angry and uncertain about the direction of their network at a pivotal moment. The company is about to undergo a corporate ownership change, launch a paid streaming service and replace its…

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Tribes: Settlement in opioids case will foster healing

The Cheap Investor4 years ago4 years ago06 mins

Cheryl Andrews-Maltais takes note of the heart-wrenching dates that remind Wampanoag families that they’re still in the midst of the opioid drug crisis — birthdays of loved ones lost, anniversaries of their passing. Then she reaches out with a phone call to the grieving. “And then you’re on the other side of it, and you’re…

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