BusinessEconomy 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…
BusinessEconomy 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…
BusinessEconomy 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….
BusinessTechnology 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…
BusinessEurope 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…
BusinessEconomy 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…
BusinessTechnology 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…
BusinessEconomy 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…
BusinessUS 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…
BusinessEconomy 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…