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Meta’s social media apps back up after outage

The Cheap InvestorJune 16, 2023June 16, 20230

(Reuters) -Meta Platforms said on Friday services on its social media apps Facebook and Instagram were restored, more than two…

  • Business
  • Economy

S&P 500 ends lower as Microsoft recedes from record high

The Cheap InvestorJune 16, 2023June 16, 20230

By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 ended lower on Friday, weighed down by Microsoft and…

  • Business
  • Economy

Factbox-Potential outcomes of FTC legal bids to block Microsoft-Activision deal

The Cheap InvestorJune 16, 2023June 16, 20230

(Reuters) – Microsoft, which is seeking to buy games giant Activision, faces two legal fights in coming weeks with U.S….

  • Business
  • Technology

Faraday Future plans reverse stock split and delays EV deliveries

The Cheap InvestorJune 16, 2023June 16, 20230

(Reuters) -Electric-vehicle startup Faraday Future Intelligent Electric said on Friday it was planning a reverse stock split, as it looks…

  • Business
  • Europe

U.S. Energy Dept gets two ransom notices as MOVEit hack claims more victims

The Cheap InvestorJune 16, 2023June 16, 20230

By Timothy Gardner and Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Energy got ransom requests from the Russia-linked extortion…

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  • Economy

Exclusive-Mondelez ‘singled out’ in boycott over Russia business-memo

The Cheap InvestorJune 16, 2023June 16, 20230

NEW YORK (Reuters) – Mondelez International’s Europe president said Thursday that the Milka chocolate bar-maker was being “singled out and…

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  • Technology

Wyre winding down as crypto winter bites

The Cheap InvestorJune 16, 2023June 16, 20230

(Reuters) – Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was…

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  • Economy

Deutsche Bank $75 million settlement with Epstein accusers wins preliminary approval

The Cheap InvestorJune 16, 2023June 16, 20230

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Friday granted preliminary approval to Deutsche Bank’s $75 million settlement…

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  • US

Electric-truck maker Nikola laying off 270 employees

The Cheap InvestorJune 16, 2023June 16, 20230

(Reuters) – Nikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks…

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  • Economy

Fed policymakers deliver hawkish vibe after pause decision

The Cheap InvestorJune 16, 2023June 16, 20230

By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials struck a hawkish tone in their first comments since the central…

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