BusinessEconomy Lackluster results, production target cuts deepen EV start-up gloom The Cheap InvestorMay 9, 2023May 9, 20230 By Tiyashi Datta and Abhirup Roy (Reuters) -EV makers Fisker Inc, Nikola Corp and Lucid Group disappointed investors with dull…
BusinessUS Goldman Sachs to pay $215 million to end gender bias lawsuit The Cheap InvestorMay 9, 2023May 9, 20230 By Saeed Azhar and Jonathan Stempel NEW YORK (Reuters) – Goldman Sachs Group Inc agreed to pay $215 million to…
BusinessEconomy PacWest gains ground in choppy trading for U.S. regional banks The Cheap InvestorMay 9, 2023May 9, 20230 By Chibuike Oguh and Medha Singh (Reuters) -PacWest Bancorp shares regained earlier session losses on Tuesday as investor uncertainty about…
BusinessEnvironment Norfolk Southern to set up home value reimbursement fund after Ohio derailment The Cheap InvestorMay 9, 2023May 9, 20230 By David Shepardson WASHINGTON (Reuters) -Norfolk Southern said on Tuesday it will establish a fund to reimburse homeowners who live…
BusinessEnvironment Guyana’s environmental agency appeals court decision against Exxon The Cheap InvestorMay 9, 2023May 9, 20230 GEORGETOWN (Reuters) – Guyana’s environmental regulator on Tuesday appealed a court decision that last week declared that the agency and…
BusinessEconomy Oil recoups losses on plans for SPR refill, higher seasonal demand The Cheap InvestorMay 9, 2023May 9, 20230 By Arathy Somasekhar HOUSTON (Reuters) -Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the…
BusinessEconomy Amazon offers US shoppers $10 to pick up purchases as it targets delivery costs The Cheap InvestorMay 9, 2023May 9, 20230 By Lisa Baertlein LOS ANGELES (Reuters) -Amazon.com is offering U.S. customers $10 to pick up a purchase rather than have…
Entertainment and LifestyleHealth Biden revokes COVID travel, federal employee vaccine requirements The Cheap InvestorMay 9, 2023May 9, 20230 By David Shepardson WASHINGTON (Reuters) – President Joe Biden on Tuesday revoked requirements that most international visitors to the United…
AsiaAustralia T-bills hit by US debt ceiling worries, stocks slip ahead of CPI The Cheap InvestorMay 9, 2023May 9, 20230 By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday as investors grew…
BusinessTechnology Twilio forecasts weak second-quarter revenue, shares slip The Cheap InvestorMay 9, 2023May 9, 20230 (Reuters) -Twilio Inc on Tuesday forecast second-quarter revenue below estimates on shrinking demand for cloud services, sending the company’s shares…