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US lawmakers want to bar automakers from eliminating AM radio in new vehicles

The Cheap InvestorMay 17, 2023May 17, 20230

By David Shepardson WASHINGTON (Reuters) -A group of bipartisan U.S. lawmakers introduced legislation Wednesday to bar automakers from eliminating AM…

  • Asia
  • Australia

US dollar scales seven-week peak after solid data, debt-ceiling optimism

The Cheap InvestorMay 17, 2023May 17, 20230

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a seven-week high on Wednesday, boosted by optimism about…

  • Business
  • Canada

BlackBerry expects up to 54% revenue growth in 2026, shares rise

The Cheap InvestorMay 17, 2023May 17, 20230

(Reuters) – BlackBerry Ltd on Wednesday forecast as much as 54% jump in 2026 sales from current year on the…

  • Business
  • Economy

U.S. Republican-led states move to block Biden ESG investing rule

The Cheap InvestorMay 17, 2023May 17, 20230

By Daniel Wiessner (Reuters) – A group of Republican-led U.S. states has asked a federal judge in Texas to strike…

  • Asia
  • Business

Oil settles up $2 on optimism about US debt ceiling, demand

The Cheap InvestorMay 17, 2023May 17, 20230

By Laura Sanicola (Reuters) -Oil prices settled up about $2 on Wednesday as optimism over oil demand and U.S. debt…

  • Business
  • Economy

Volkswagen plans core brand revamp to boost returns -internal memo

The Cheap InvestorMay 17, 2023May 17, 20230

BERLIN (Reuters) -German carmaker Volkswagen plans to overhaul its core brand to increase efficiency and returns, according to an internal…

  • Business

Air Canada nears 787 Dreamliners deal with Boeing -Bloomberg News

The Cheap InvestorMay 17, 2023May 17, 20230

(Reuters) -Air Canada is closing in on the purchase of up to 20 787 Dreamliners from Boeing Co to renew…

  • Business
  • US

FedEx pilots vote in favor of strike in push for pay rise

The Cheap InvestorMay 17, 2023May 17, 20230

By Nathan Gomes (Reuters) -Pilots of FedEx Corp’s air delivery unit on Wednesday voted “overwhelmingly” in favor of a strike…

  • Business
  • Economy

Bankman-Fried faces long odds of tossing charges despite Supreme Court decision

The Cheap InvestorMay 17, 2023May 17, 20230

By Luc Cohen NEW YORK (Reuters) – FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the…

  • Business
  • Economy

Fraud in Massachusetts is boosting US weekly jobless claims, economists say

The Cheap InvestorMay 17, 2023May 17, 20230

WASHINGTON (Reuters) – Fraudulent filings for state unemployment insurance aid in Massachusetts could be distorting U.S. weekly unemployment claims data,…

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