AsiaBusiness OpenAI CEO has no IPO plan due to ‘strange’ company structure The Cheap InvestorJune 6, 2023June 6, 20230 By Supantha Mukherjee STOCKHOLM (Reuters) – Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time…
BusinessEconomy Crypto stocks drop after US SEC sues Coinbase for failing to register The Cheap InvestorJune 6, 2023June 6, 20230 By Manya Saini and SinĂ©ad Carew (Reuters) -Shares of Coinbase Global fell on Tuesday and were on track for their…
BusinessEconomy Hollywood actors authorize strike as writers still out The Cheap InvestorJune 6, 2023June 6, 20230 By Lisa Richwine LOS ANGELES (Reuters) -Hollywood’s actors union voted to authorize a strike if contract talks break down, turning…
BusinessEconomy Ford recalls 125,000 vehicles over engine failures that can cause fires The Cheap InvestorJune 6, 2023June 6, 20230 By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Tuesday it is expanding and issuing a new recall for…
BusinessElections U.S. Senate leader schedules classified AI briefings The Cheap InvestorJune 6, 2023June 6, 20230 WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said on Tuesday he has scheduled three briefings for senators on artificial…
BusinessEconomy US hotel developers run out of cash as construction lending dries up The Cheap InvestorJune 6, 2023June 6, 20230 (Corrects number of total hotel projects that have broken ground or are in preconstruction phase in 2023 to 324 from…
AsiaBusiness Emirates looks at placing new order for long-haul jets The Cheap InvestorJune 6, 2023June 6, 20230 ISTANBUL (Reuters) -Emirates President Tim Clark said on Tuesday the airline may order more Airbus A350, Boeing 777X or 787…
EuropePolitics Major dam breached in southern Ukraine, unleashing floodwaters The Cheap InvestorJune 6, 2023June 6, 20230 MOSCOW/KYIV (Reuters) -A major Soviet-era dam in the Russian controlled part of southern Ukraine was breached on Tuesday, unleashing floodwaters…
EconomyElections Analysis-Can Biden’s compromise strategy fix a divided US? The Cheap InvestorJune 6, 2023June 6, 20230 By Trevor Hunnicutt WASHINGTON (Reuters) – The deal to end the United States’ debt limit standoff was classic Joe Biden…
AsiaBusiness CEO of Germany’s Merck: decoupling from China would be at huge economic cost The Cheap InvestorJune 6, 2023June 6, 20230 By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -The CEO of German technology group Merck KGaA said that unravelling trade…