APHeadlines Wall Street falls as FedEx warning adds to market woes The Cheap InvestorSeptember 16, 2022September 18, 20220 Wall Street closed out the stock market’s worst week in three months with more losses Friday, as a stark warning…
APHeadlines China’s consumer, factory activity improve but still weak The Cheap InvestorSeptember 16, 2022September 19, 20220 BEIJING (AP) — Chinese consumer spending and factory output edged up in August but still were weak, official data showed…
APHeadlines Germany takes control of 3 Russian-owned oil refineries The Cheap InvestorSeptember 16, 2022September 19, 20220 BERLIN (AP) — Germany is taking control of three Russian-owned refineries in the country to ensure energy security before an…
APHeadlines FedEx to close stores, put off hiring as demand slumps The Cheap InvestorSeptember 15, 2022September 15, 20220 FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought…
APHeadlines Mortgage rates hit 6%, first time since 2008 housing crash The Cheap InvestorSeptember 15, 2022September 16, 20220 WASHINGTON (AP) — Average long-term U.S. mortgage rates climbed over 6% this week for the first time since the housing…
APHeadlines Boeing to resell some Max jets ordered by Chinese airlines The Cheap InvestorSeptember 15, 2022September 16, 20220 Boeing officials said Thursday they will find new buyers for some Boeing 737 Max jets that were built for Chinese…
APHeadlines CSX railroad hires Ford executive to replace retiring CEO The Cheap InvestorSeptember 15, 2022September 16, 20220 OMAHA, Neb. (AP) — CSX has hired an auto industry executive to lead the railroad after its current CEO retires….
APHeadlines Louisiana judge tosses permits for $9.4B plastics complex The Cheap InvestorSeptember 15, 2022September 15, 20220 NEW ORLEANS (AP) — A Louisiana judge has thrown out air quality permits for a Taiwanese company’s planned $9.4 billion…
APHeadlines Microsoft’s $69B Activision deal faces in-depth UK inquiry The Cheap InvestorSeptember 15, 2022September 15, 20220 LONDON (AP) — Microsoft’s $69 billion deal to buy video game company Activision Blizzard faces an in-depth antitrust investigation in…
APHeadlines Patagonia founder gives company away to environmental trusts The Cheap InvestorSeptember 15, 2022September 16, 20220 Outdoor gear company Patagonia says “the earth is now our only shareholder” after transferring the company’s ownership from founder Yvon…