BusinessEconomy 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…
AsiaBusiness 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…
BusinessEconomy 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…
BusinessUS 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…
BusinessEconomy 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…
BusinessEconomy 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,…
BusinessEconomy US SEC proposes plan to bolster clearing houses’ resiliency The Cheap InvestorMay 17, 2023May 17, 20230 By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted to propose a plan…
BusinessScience AI threatens humanity’s future, 61% of Americans say – Reuters/Ipsos The Cheap InvestorMay 17, 2023May 17, 20230 By Anna Tong (Reuters) – The swift growth of artificial intelligence technology could put the future of humanity at risk,…
BusinessEconomy Fed to keep rates untouched this year; risk of U.S. default high: Reuters poll The Cheap InvestorMay 17, 2023May 17, 20230 By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will hold its key interest rate steady this year despite…