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Lordstown Opts For Reverse Stock Split To Meet Nasdaq Rules, Placate Foxconn

The Cheap InvestorMay 23, 20230

(Reuters) -Lordstown Motors Corp on Tuesday announced a reverse stock split to meet Nasdaq listing norms and appease investor Foxconn,…

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UBS In Talks With Swiss Authorities Over Credit Suisse Deal Protections

The Cheap InvestorMay 23, 20230

(Reuters) -UBS Group AG said on Tuesday it was in negotiations with Swiss authorities about loss protections related to its…

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Qantas Record Profit Forecast, Revised Buyback Irk Workers’ Union

The Cheap InvestorMay 23, 20230

By Harish Sridharan (Reuters) – Qantas Airways on Tuesday forecast a record annual profit and hiked its share buyback programme…

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Marketmind: RBNZ To Hike Rates, U.S. Default Ticks Closer

The Cheap InvestorMay 23, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An expected interest…

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Global Shares Drop, Benchmark US Yields Ease Amid Debt Ceiling Deadlock

The Cheap InvestorMay 23, 20230

By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Global equities retreated and benchmark U.S. Treasury yields eased off two-month…

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Exclusive-After Micron Ban, Chinese Chip Firm CXMT Should Go On U.S. Trade Blacklist, Top Lawmaker Says

The Cheap InvestorMay 23, 20230

By Stephen Nellis and Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department should add Chinese memory chip maker Changxin Memory…

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Exclusive-California Seeks U.S. Approval To End Gas-only New Vehicle Sales By 2035

The Cheap InvestorMay 23, 20230

(Reuters) – The state of California has asked the Biden administration to approve its plan to require all new vehicles…

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Top US Senator, Biden Administration Work To Address China’s Micron Chips Ban

The Cheap InvestorMay 23, 20230

By Karen Freifeld and David Shepardson WASHINGTON (Reuters) -The U.S. Senate’s top Democrat said on Tuesday he and President Joe…

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Wall St Subdued As Deadlocked Debt Ceiling Talks Stoke Default Concerns

The Cheap InvestorMay 23, 20230

By Shreyashi Sanyal and Shristi Achar A (Reuters) – Wall Street indexes were subdued on Tuesday as talks over increasing…

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Explainer-Debt Ceiling Standoff: What Happens If Washington Falls Behind On Its Bills?

The Cheap InvestorMay 23, 20230

By Jason Lange WASHINGTON (Reuters) -The U.S. government could fall behind on its bills next month – and even default…

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