BusinessUS VMware hit with $84.5 million verdict in US retrial over software patents The Cheap InvestorMay 2, 2023May 2, 20230 By Blake Brittain (Reuters) – VMware Inc must pay $84.5 million for infringing two patents belonging to rival software company…
BusinessTechnology Uber confident on profit as ride-sharing rebounds in 2023 The Cheap InvestorMay 2, 2023May 2, 20230 By Yuvraj Malik (Reuters) -Uber Technologies Inc forecast quarterly core earnings above estimates on Tuesday, after a surge in demand…
BusinessEconomy Chevron export earnings boost supply of US dollars in Venezuela -sources The Cheap InvestorMay 2, 2023May 2, 20230 By Mayela Armas CARACAS (Reuters) – Some of U.S. oil major Chevron Corp’s export earnings from its Venezuela operations are…
BusinessUS Refiner Marathon Petroleum expects strong margins in 2023 on high demand The Cheap InvestorMay 2, 2023May 2, 20230 By Arunima Kumar (Reuters) -Marathon Petroleum Corp said on Tuesday it expects strong margins throughout 2023 as demand grows while…
BusinessCanada Perfect storm in Minnesota labor market is worrying harbinger for the Fed The Cheap InvestorMay 2, 2023May 2, 20230 By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker…
BusinessEconomy In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla The Cheap InvestorMay 2, 2023May 2, 20230 By Nick Carey BRIXWORTH, England (Reuters) – Mercedes-Benz has plugged its Formula One team into the engineering process to build…
BusinessEconomy Key Fed officials see low-rate world as likely to return one day The Cheap InvestorMay 2, 2023May 2, 20230 By Michael S. Derby (Reuters) – For all the assertions that the pandemic and the inflation surge that followed it…
BusinessUS NYSE to delist First Republic Bank shares The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) – The New York Stock Exchange said on Tuesday it will delist shares of First Republic Bank, the lender…
BusinessEconomy AerCap says aircraft delivery delays boosting leases, sales The Cheap InvestorMay 2, 2023May 2, 20230 DUBLIN (Reuters) – AerCap expects to deliver full-year earnings at the higher end of its guidance as a broadening travel…
BusinessEconomy US factory orders rebound on aircraft in March The Cheap InvestorMay 2, 2023May 2, 20230 WASHINGTON (Reuters) – New orders for U.S.-made goods rebounded in March, boosted by a jump in civilian aircraft bookings, but…