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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…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • US

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…

  • Business
  • Technology

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…

  • Business
  • Economy

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…

  • Business
  • Environment

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…

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