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Tesla 3Q profit more than doubles from a year ago to $3.29B

The Cheap InvestorOctober 19, 2022October 20, 20220

DETROIT (AP) — Tesla reported Wednesday that its third-quarter profit more than doubled from a year ago, fueled by higher…

Euro Zone Sept Inflation Revised Down Slightly, Still At Record High
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  • Reuters

Euro Zone Sept Inflation Revised Down Slightly, Still At Record High

The Cheap InvestorOctober 19, 20220

BRUSSELS (Reuters) – Euro zone consumer inflation was marginally lower in September than estimated earlier, data showed on Wednesday, but…

U.S. To Release Oil Reserves As Biden Tackles High Pump Prices
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  • Reuters

U.S. To Release Oil Reserves As Biden Tackles High Pump Prices

The Cheap InvestorOctober 19, 20220

By Nandita Bose, Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden announced a plan on Wednesday…

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Buffett’s conglomerate closes $11.6B Alleghany insurance buy

The Cheap InvestorOctober 19, 2022October 20, 20220

OMAHA, Neb. (AP) — Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of…

U.S. To Release Oil Reserves As Biden Tackles High Gas Prices
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  • Reuters

U.S. To Release Oil Reserves As Biden Tackles High Gas Prices

The Cheap InvestorOctober 19, 20220

By Nandita Bose, Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden announced a plan on Wednesday…

Amazon Launches Home Insurance Comparison Website In Britain
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  • Reuters

Amazon Launches Home Insurance Comparison Website In Britain

The Cheap InvestorOctober 19, 20220

By Carolyn Cohn and Rhea Binoy LONDON (Reuters) -Amazon.com Inc is launching a home insurance portal in Britain and has…

U.S. Single-family Home Starts Fall To Lowest Level In More Than Two Years
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  • Reuters

U.S. Single-family Home Starts Fall To Lowest Level In More Than Two Years

The Cheap InvestorOctober 19, 20220

(Reuters) -U.S. homebuilding fell more than expected in September and the number of new groundbreakings for single-family homes tumbled to…

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BMW investing $1.7B in S Carolina as automaker shifts to EVs

The Cheap InvestorOctober 19, 2022October 20, 20220

GREER, S.C. (AP) — BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing…

JetBlue, Spirit Airlines Inch Closer To Forming Fifth-largest U.S. Carrier
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  • Reuters

JetBlue, Spirit Airlines Inch Closer To Forming Fifth-largest U.S. Carrier

The Cheap InvestorOctober 19, 20220

(Reuters) – Shareholders of U.S. carrier Spirit Airlines Inc voted in favor of JetBlue Airways Corp’s $3.8 billion takeover offer,…

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Gates Foundation donates $1B to prioritize math education

The Cheap InvestorOctober 19, 2022October 19, 20220

The Bill & Melinda Gates Foundation announced Wednesday that it is making grants of more than a $1 billion as…

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