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Elon Musk’s bid to end tweet pre-approval faces skeptical court

The Cheap InvestorMay 11, 2023May 11, 20230

By Jody Godoy (Reuters) – A federal appeals court on Thursday questioned Elon Musk’s bid to end an agreement that…

  • Business
  • Economy

Deposit outflows after SVB collapse concentrated among ‘super-regionals’ – New York Fed study

The Cheap InvestorMay 11, 2023May 11, 20230

By Howard Schneider WASHINGTON (Reuters) – Deposit withdrawals from U.S. banks following the collapse of Silicon Valley Bank were concentrated…

  • Business
  • Economy

Rising sol: Peru’s currency at year-high after shaking off protest impact

The Cheap InvestorMay 11, 2023May 11, 20230

By Marco Aquino LIMA (Reuters) – In a country shaken by years of political volatility, Peru’s national currency has emerged…

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Pirelli sees end of Golden Power process on governance agreement after early June

The Cheap InvestorMay 11, 2023May 11, 20230

MILAN (Reuters) -Pirelli said on Thursday it expected Italy would conclude its review of governance agreements involving the holding in…

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  • Environment

Albemarle aims to expand Chile lithium mine in 2028 with new technology

The Cheap InvestorMay 11, 2023May 11, 20230

By Alexander Villegas SALAR DE ATACAMA, Chile (Reuters) – Albemarle Corp hopes to expand its lithium operations in Chile’s Atacama…

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  • US

Activist investor Elliott pushes for changes at Goodyear, shares jump

The Cheap InvestorMay 11, 2023May 11, 20230

By Svea Herbst-Bayliss (Reuters) – Activist investor Elliott Investment Management L.P. disclosed a large investment in Goodyear Tire & Rubber…

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Analysis-Sterling’s star may fade as focus shifts to squeeze on UK economy

The Cheap InvestorMay 11, 2023May 11, 20230

By Naomi Rovnick LONDON (Reuters) -It’s the best performing currency this year in the G10 group of advanced economies against…

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  • Technology

China’s JD.com promotes finance chief to CEO role as Xu Lei resigns

The Cheap InvestorMay 11, 2023May 11, 20230

(Reuters) -China’s e-commerce giant JD.com Inc said on Thursday its chief executive Xu Lei will step down, with the company’s…

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  • Economy

IMF says US default would have ‘very serious repercussions’ on global economy

The Cheap InvestorMay 11, 2023May 11, 20230

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that a U.S. debt default prompted by…

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Marijuana banking bill heads to Senate Banking Committee

The Cheap InvestorMay 11, 2023May 11, 20230

(Reuters) – Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares to discuss…

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