BusinessPolitics US Senate panel advances rail safety bill spurred by Ohio derailment The Cheap InvestorMay 11, 2023May 11, 20230 By David Shepardson WASHINGTON (Reuters) -A U.S. Senate panel on Wednesday approved rail safety legislation that tightens rules on trains…
AsiaAustralia Buffett’s Dairy Queen sees Taiwan among possible new markets, while mindful of geopolitics The Cheap InvestorMay 11, 2023May 11, 20230 By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan,…
Business Blackstone, Apollo were among about 20 bidders for SVB’s assets The Cheap InvestorMay 11, 2023May 11, 20230 (This May 10 story has been corrected to fix the bids closing to March 24, not March 10, in paragraph…
BusinessEconomy Shooting at German Mercedes plant kills two; production halted The Cheap InvestorMay 11, 2023May 11, 20230 By Christina Amann and Ilona Wissenbach BERLIN (Reuters) -A shooting at a Mercedes-Benz plant in the city of Sindelfingen in…
BusinessEconomy Amsterdam bans fast-delivery grocery hubs from residential areas The Cheap InvestorMay 11, 2023May 11, 20230 By Charlotte Van Campenhout AMSTERDAM (Reuters) -Amsterdam is banning fast-delivery grocery companies from setting up so-called dark stores in residential…
BusinessEconomy Fed’s Kashkari says tight monetary policy may be needed for ‘extended’ time The Cheap InvestorMay 11, 2023May 11, 20230 By Ann Saphir (Reuters) – An extended period of high interest rates and an inverted yield curve could put more…
AsiaBusiness Volvo Cars delays EX90 production start The Cheap InvestorMay 11, 2023May 11, 20230 COPENHAGEN (Reuters) -Sweden-based Volvo Cars has delayed the start of production of its new Volvo EX90 model for more software…
BusinessEconomy Prada’s first-quarter sales up 22% on strong Asia, Europe growth The Cheap InvestorMay 11, 2023May 11, 20230 MILAN (Reuters) -Sales at Italian luxury group Prada rose 22% in the first quarter to 1.065 billion euros ($1.17 billion),…
BusinessUS Peloton backpedals to near record low after bike recall The Cheap InvestorMay 11, 2023May 11, 20230 NEW YORK (Reuters) – Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low…
BusinessTechnology TuSimple gets Nasdaq delisting notice for failing to file quarterly report The Cheap InvestorMay 11, 2023May 11, 20230 (Reuters) – TuSimple Holdings Inc said on Thursday it had received a delisting notice from the Nasdaq for failing to…