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December 22, 2025
  • Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
  • Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
  • Exxon boosts forecast, aims for $25 billion earnings growth by 2030
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NFL on Prime Video latest foray by leagues into streaming

The Cheap Investor3 years ago3 years ago05 mins

Roger Bennett remembers calling his father in Liverpool, England, and having his father hold the phone next to the television so he could experience his beloved Everton in the FA Cup semifinals. To say those days are long, thankfully gone, is an understatement. Technology, streaming packages, and the value of sports programming have allowed fans…

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Woman with toy gun grabs trapped savings from Beirut bank

The Cheap Investor3 years ago3 years ago04 mins

BEIRUT (AP) — A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings. Sali Hafez told the local Al-Jadeed TV that she needed the money to fund her sister’s cancer treatment. She said she had repeatedly visited…

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From carmakers to refiners, industries brace for rail strike

The Cheap Investor3 years ago3 years ago05 mins

Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be snarled. Those are just a few of the wide-ranging impacts a walkout by U.S. rail workers would have on the country’s industries and economy. A strike…

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EXPLAINER: Rail strike would impact consumers, businesses

The Cheap Investor3 years ago3 years ago06 mins

Commuters, food producers, refineries and others could all be affected if there is a nationwide rail strike at the end of this week. Members of one union rejected a tentative agreement that their leaders had negotiated with the biggest freight railroads, and three other unions were still at the bargaining table on Wednesday. Two other…

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1 rail union rejects deal, 2 accept ahead of strike deadline

The Cheap Investor3 years ago3 years ago06 mins

OMAHA, Neb. (AP) — Members of one union rejected a tentative deal with the largest U.S. freight railroads Wednesday, while two ratified agreements and three others remained at the bargaining table just days ahead of a strike deadline, threatening to intensify snarls in the nation’s supply chain that have contributed to rising prices. About 4,900…

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A less-glitzy Detroit auto show returns after 3-year absence

The Cheap Investor3 years ago3 years ago06 mins

DETROIT (AP) — When it came time to showcase its electric Chevrolet Equinox SUV to the public this year, General Motors decided against doing so at the big Detroit auto show, as it typically would have done in the past. Instead, it unveiled the Equinox six days earlier. GM’s decision symbolized just how much smaller…

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Lin-Manuel Miranda, others seek Puerto Rico silver lining

The Cheap Investor3 years ago3 years ago06 mins

NEW YORK (AP) — Five years after Hurricane Maria slammed into Puerto Rico and exposed the funding problems the Caribbean island has long faced, philanthropists warn that many of those issues remain unaddressed, just like the repairs still needed for the American territory’s physical infrastructure. The Category 4 storm, with winds reaching 155 miles per…

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German government could raise stake in gas supplier Uniper

The Cheap Investor3 years ago3 years ago03 mins

BERLIN (AP) — German energy supplier Uniper said Wednesday that it is exploring the possibility of the government acquiring a majority holding in the company as its losses mount, a jump from the roughly 30% stake that the state already has pledged to take. The government put together the rescue package in July after Russia’s…

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US wholesale inflation declines in August to still-high 8.7%

The Cheap Investor3 years ago3 years ago02 mins

WASHINGTON (AP) — Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully high level that suggests prices will keep spiking for months to come. Wednesday’s report from the Labor Department also showed that on a month-to-month basis, the producer price index — which…

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UK inflation dips slightly in August to 9.9%

The Cheap Investor3 years ago3 years ago03 mins

LONDON (AP) — Inflation in the United Kingdom slowed slightly last month as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain’s cost-of-living crisis may be beginning to ease. The consumer price index rose 9.9% in the 12 months through August, the Office for National Statistics said…

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