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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…

  • Business
  • Environment

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

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  • Economy

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…

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