BusinessEurope Carrier to buy German firm Viessmann’s unit in $13.17 billion deal The Cheap InvestorApril 25, 2023April 25, 20230 (Reuters) – Air conditioner maker Carrier Global Corp said on Tuesday it would buy German industrial firm Viessmann Group’s unit…
BusinessEnvironment US nuclear regulator inspects ground settling at Ohio plant The Cheap InvestorApril 25, 2023April 25, 20230 WASHINGTON (Reuters) – U.S. nuclear regulator said on Tuesday it has launched an inspection to examine ground settling at various…
BusinessEconomy Cargill needs months to fully cut out US firm fined for child labor The Cheap InvestorApril 25, 2023April 25, 20230 By Tom Polansek CHICAGO (Reuters) -Cargill Inc will need months to fully sever ties with a U.S. company fined for…
BusinessEconomy Chrysler-parent Stellantis looks to trim around 3,500 hourly U.S. jobs – union letter The Cheap InvestorApril 25, 2023April 25, 20230 By David Shepardson WASHINGTON (Reuters) – Chrysler-parent Stellantis NV wants to cut approximately 3,500 hourly U.S. jobs and is offering…
BusinessEconomy Wall Street sinks as weak earnings fan fears of economic slowdown The Cheap InvestorApril 25, 2023April 25, 20230 By SinĂ©ad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s major averages suffered their deepest declines so far…
Business Chipotle Mexican Grill earnings beat on price hikes, new stores The Cheap InvestorApril 25, 2023April 25, 20230 By Hilary Russ and Granth Vanaik (Reuters) -Chipotle Mexican Grill Inc topped Wall Street expectations for first-quarter profits and sales…
BusinessEconomy Top US banks face little investor pressure on fossil-fuel financing The Cheap InvestorApril 25, 2023April 25, 20230 By Ross Kerber (Reuters) -Top U.S. bank investors gave only slim support on Tuesday to shareholder resolutions calling for the…
BusinessEconomy More bank jitters as First Republic probes asset sales, ‘bad bank’ options -source The Cheap InvestorApril 25, 2023April 25, 20230 By Manya Saini, David French and Saeed Azhar (Reuters) -First Republic Bank faces dwindling and tough options to turn around…
BusinessEconomy Visa’s payments business helps profit exceed Wall Street estimates The Cheap InvestorApril 25, 2023April 25, 20230 By Mehnaz Yasmin (Reuters) -Visa Inc reported a better-than-expected second-quarter profit on Tuesday and bet on sustained growth at its…
BusinessEconomy Google parent announces stock buyback, modest beat on ad sales The Cheap InvestorApril 25, 2023April 25, 20230 By Akash Sriram and Greg Bensinger (Reuters) -Alphabet Inc said on Tuesday it would buy back $70 billion in stock…