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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…

  • Business
  • US

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…

  • Business
  • Economy

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…

  • Business
  • Environment

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…

  • Business
  • Environment

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

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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…

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  • Australia

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…

  • Business
  • Technology

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…

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