BusinessEconomy Cryptoverse-Tether gets a lift from stability doubts The Cheap InvestorMay 9, 2023May 9, 20230 By Tom Wilson and Vidya Ranganathan (Reuters) – Digital stablecoin tether is winning the race for the title of the…
AsiaBusiness Automakers say proposed US emissions rules pose challenges The Cheap InvestorMay 9, 2023May 9, 20230 By David Shepardson WASHINGTON (Reuters) – An auto trade group warned on Tuesday that aggressive U.S. targets for reductions in…
BusinessEconomy Writers’ strike freezes ‘Handmaid’s Tale,’ ‘Game of Thrones’ spinoff The Cheap InvestorMay 9, 2023May 9, 20230 By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – (This May 8 story has been corrected to say that…
Business Occidental Petroleum quarterly earnings down 48%, misses estimates The Cheap InvestorMay 9, 2023May 9, 20230 By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a…
BusinessEconomy Lackluster results, production target cuts deepen EV start-up gloom The Cheap InvestorMay 9, 2023May 9, 20230 By Tiyashi Datta and Abhirup Roy (Reuters) -EV makers Fisker Inc, Nikola Corp and Lucid Group disappointed investors with dull…
BusinessUS Goldman Sachs to pay $215 million to end gender bias lawsuit The Cheap InvestorMay 9, 2023May 9, 20230 By Saeed Azhar and Jonathan Stempel NEW YORK (Reuters) – Goldman Sachs Group Inc agreed to pay $215 million to…
BusinessTechnology EA’s quarterly bookings beat estimates on ‘FIFA’ strength The Cheap InvestorMay 9, 2023May 9, 20230 By Chavi Mehta (Reuters) -Videogame publisher Electronic Arts Inc beat fourth-quarter booking estimates on Tuesday as gamers stuck with familiar…
Business SVB Financial Group says quarterly results filing will be delayed The Cheap InvestorMay 9, 2023May 9, 20230 (Reuters) -SVB Financial Group will not be able to meet the U.S. Securities and Exchange Commission’s deadline for reporting its…
BusinessEconomy PacWest gains ground in choppy trading for U.S. regional banks The Cheap InvestorMay 9, 2023May 9, 20230 By Chibuike Oguh and Medha Singh (Reuters) -PacWest Bancorp shares regained earlier session losses on Tuesday as investor uncertainty about…
BusinessEnvironment Norfolk Southern to set up home value reimbursement fund after Ohio derailment The Cheap InvestorMay 9, 2023May 9, 20230 By David Shepardson WASHINGTON (Reuters) -Norfolk Southern said on Tuesday it will establish a fund to reimburse homeowners who live…