BusinessEconomy Greyhound bus owner Flix edges towards listing The Cheap InvestorJune 16, 2023June 16, 20230 By Pablo Mayo Cerqueiro and Emma-Victoria Farr (Reuters) – German bus services firm Flix, owner of the Greyhound brand in…
BusinessEconomy Customers Bancorp acquires $631 million loan portfolio from FDIC at discount The Cheap InvestorJune 16, 2023June 16, 20230 By Manya Saini and Saeed Azhar (Reuters) -Customers Bancorp said on Friday it acquired a $631 million venture banking loan…
BusinessEconomy Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO The Cheap InvestorJune 16, 2023June 16, 20230 By Sabine Siebold BRUSSELS (Reuters) – Rheinmetall will ramp up production of propellant powder for ammunition at its plant in…
BusinessHealth Humana joins UnitedHealth in flagging cost hit from rising surgeries The Cheap InvestorJune 16, 2023June 16, 20230 By Manas Mishra and Leroy Leo (Reuters) – Humana Inc on Friday joined larger health insurer UnitedHealth in warning of…
BusinessEconomy European shares rise on defensive boost, post best week in 2 months The Cheap InvestorJune 16, 2023June 16, 20230 By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares closed at a three-week high on Friday, underpinned by luxury…
AsiaBusiness US senators urge regulator to change guidance on Massachusetts auto law The Cheap InvestorJune 16, 2023June 16, 20230 By David Shepardson (Reuters) -Two U.S. senators on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to reconsider its…
BusinessPolitics US Senate panel to consider bill targeting failed bank executive pay The Cheap InvestorJune 16, 2023June 16, 20230 By Pete Schroeder WASHINGTON (Reuters) – The U.S. Senate Banking Committee will consider a bill Wednesday that would allow regulators…
BusinessEconomy US consumers’ near-term inflation expectations hit two-year low; sentiment rises The Cheap InvestorJune 16, 2023June 16, 20230 By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumers’ near-term inflation expectations dropped to more than a two-year low in June and…
BusinessEconomy Fed see key services inflation elevated with few signs of easing The Cheap InvestorJune 16, 2023June 16, 20230 By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry “remains elevated and has not shown signs…
BusinessEconomy Crypto giant Binance’s US affiliate fires staff after SEC charges -sources The Cheap InvestorJune 16, 2023June 16, 20230 By Angus Berwick and Tom Wilson LONDON (Reuters) – The U.S. affiliate of crypto giant Binance has carried out a…