BusinessEconomy No new questioning of JPMorgan CEO Dimon in Epstein case -US judge The Cheap InvestorJune 16, 2023June 16, 20230 By Jonathan Stempel NEW YORK (Reuters) -Jamie Dimon, the chief executive of JPMorgan Chase, will not have to sit for…
BusinessEconomy Airbus reveals jet orders and says the supply chain is more stable The Cheap InvestorJune 16, 2023June 16, 20230 By Tim Hepher PARIS (Reuters) – Airbus has signed orders this month including 60 A320-family jets with a lessor and…
BusinessEconomy Fear of missing out on stocks’ rally drives bullish options trading The Cheap InvestorJune 16, 2023June 16, 20230 By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear of missing out on the recent stock market rally is driving…
BusinessEconomy Intel to invest $4.6 billion in new chip plant in Poland The Cheap InvestorJune 16, 2023June 16, 20230 By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Intel plans to invest up to $4.6 billion in a…
BusinessEconomy Greyhound bus owner Flix edges towards listing The Cheap InvestorJune 16, 2023June 16, 20230 By Pablo Mayo Cerqueiro and Emma-Victoria Farr (Reuters) – German bus services firm Flix, owner of the Greyhound brand in…
BusinessEconomy Customers Bancorp acquires $631 million loan portfolio from FDIC at discount The Cheap InvestorJune 16, 2023June 16, 20230 By Manya Saini and Saeed Azhar (Reuters) -Customers Bancorp said on Friday it acquired a $631 million venture banking loan…
BusinessEconomy Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO The Cheap InvestorJune 16, 2023June 16, 20230 By Sabine Siebold BRUSSELS (Reuters) – Rheinmetall will ramp up production of propellant powder for ammunition at its plant in…
BusinessEconomy European shares rise on defensive boost, post best week in 2 months The Cheap InvestorJune 16, 2023June 16, 20230 By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares closed at a three-week high on Friday, underpinned by luxury…
BusinessEconomy US consumers’ near-term inflation expectations hit two-year low; sentiment rises The Cheap InvestorJune 16, 2023June 16, 20230 By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumers’ near-term inflation expectations dropped to more than a two-year low in June and…
BusinessEconomy Fed see key services inflation elevated with few signs of easing The Cheap InvestorJune 16, 2023June 16, 20230 By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry “remains elevated and has not shown signs…