BusinessEconomy JPMorgan notifies some First Republic employees of job losses -source The Cheap InvestorMay 25, 2023May 25, 20230 By Nupur Anand (Reuters) -JPMorgan Chase & Co has notified nearly 1,000 First Republic Bank employees that they will no…
BusinessUS Impossible Foods accused of misusing private investigators in meat-substitute patent fight The Cheap InvestorMay 25, 2023May 25, 20230 By Blake Brittain (Reuters) – Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired…
AsiaBusiness US raises concerns with China about actions against US companies The Cheap InvestorMay 25, 2023May 25, 20230 (Reuters) – U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese…
BusinessEconomy Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms The Cheap InvestorMay 25, 2023May 25, 20230 (Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for…
BusinessEnvironment US oil and gas auction yields nearly $80 million for federal coffers The Cheap InvestorMay 25, 2023May 25, 20230 (Reuters) -The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage…
AsiaBusiness Taiwan says software problems delaying new F-16 deliveries The Cheap InvestorMay 25, 2023May 25, 20230 TAIPEI (Reuters) -Software problems are delaying the delivery to Taiwan of 66 advanced new F-16V fighter jets from the United…
AsiaBusiness Ford CEO says China main EV rival, not GM, Toyota The Cheap InvestorMay 25, 2023May 25, 20230 By David Shepardson (Reuters) – Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its…
BusinessUS Gap Inc posts surprise profit, shares jump 16% after hours The Cheap InvestorMay 25, 2023May 25, 20230 By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Gap Inc on Thursday reported a surprise profit in the first…
Business Air Canada ground stop lifted after technical issue The Cheap InvestorMay 25, 2023May 25, 20230 MONTREAL (Reuters) -Air Canada said on Thursday that a precautionary ground stop on its flights has been lifted after the…
BusinessTechnology Ford strikes deal with Tesla to gain access to rival charging stations starting 2024 The Cheap InvestorMay 25, 2023May 25, 20230 By Hyunjoo Jin, David Shepardson and Abhirup Roy (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla…