AsiaBusiness Hyundai, Kia agree to $200 million settlement over US car thefts The Cheap InvestorMay 18, 2023May 19, 20230 By David Shepardson WASHINGTON (Reuters) – Hyundai Motor and Kia Corp agreed to a consumer class-action lawsuit settlement worth $200…
AsiaAustralia Australia’s AMP fined $16 million for charging fees to deceased clients The Cheap InvestorMay 18, 2023May 19, 20230 (Reuters) -Troubled Australian wealth manager AMP Ltd will pay a court-mandated penalty of A$24 million ($16.3 million) for billing dead…
BusinessEconomy Lazard CEO Jacobs set to step down, Orszag to take helm -source The Cheap InvestorMay 18, 2023May 19, 20230 By Anirban Sen NEW YORK (Reuters) -Lazard Ltd CEO Ken Jacobs is expected to step down from his role and…
AsiaBusiness US weighs suit against Korean Air’s planned acquisition of Asiana -Politico The Cheap InvestorMay 18, 2023May 18, 20230 WASHINGTON/SEOUL (Reuters) -The U.S. Justice Department is considering suing to block Korean Air’s planned acquisition of Asiana Airlines, Politico reported…
BusinessCanada Canada’s antitrust regulator sues Cineplex over alleged misleading ticket prices The Cheap InvestorMay 18, 2023May 18, 20230 (Reuters) -Canada’s competition regulator said on Thursday it was suing Cineplex Inc for advertising movie tickets at a lower price…
BusinessLatin America Brazil’s Americanas to seek bidders for fruit and vegetable unit The Cheap InvestorMay 18, 2023May 18, 20230 SAO PAULO (Reuters) – Brazil retailer Americanas SA said on Thursday it will next week start to seek potential bidders…
BusinessEconomy Disney cancels plans for $1 billion campus, 2,000 jobs in Florida The Cheap InvestorMay 18, 2023May 18, 20230 By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co is scrapping plans to build a nearly $1…
BusinessScience Apple restricts use of OpenAI’s ChatGPT for employees -WSJ The Cheap InvestorMay 18, 2023May 18, 20230 (Reuters) -Apple Inc has restricted the use of ChatGPT and other external artificial intelligence tools for its employees as Apple…
BusinessCanada U.S. Midwest grid operator flags urgent need for market reforms The Cheap InvestorMay 18, 2023May 18, 20230 (Reuters) – The electric grid operator for the U.S. Midwest on Thursday drew attention to the pressing need to reform…
AsiaBusiness China, US commerce and trade chiefs to meet next week The Cheap InvestorMay 18, 2023May 18, 20230 By David Brunnstrom, Michael Martina and David Lawder WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week…