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World Bank head says he’s not a climate denier, won’t quit

The Cheap InvestorSeptember 23, 2022September 26, 20220

WASHINGTON (AP) — World Bank President David Malpass said Friday he won’t resign after coming under criticism for his remarks…

Wall St Slumps As Investors Fret On Rate Hikes And Recession
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  • Reuters

Wall St Slumps As Investors Fret On Rate Hikes And Recession

The Cheap InvestorSeptember 23, 20220

By David French (Reuters) – Wall Street’s main indexes slumped to close well down on Friday, as rattled investors continued…

UAW Will Seek Faster Recognition In GM's U.S. Joint-venture Battery Plants
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  • Reuters

UAW Will Seek Faster Recognition In GM’s U.S. Joint-venture Battery Plants

The Cheap InvestorSeptember 23, 20220

By Joseph White and David Shepardson TOLEDO, Ohio/WASHINGTON (Reuters) – The United Auto Workers will seek a speedier recognition from…

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GM spending $760M to convert Toledo factory to make EV parts

The Cheap InvestorSeptember 23, 2022September 26, 20220

TOLEDO, Ohio (AP) — General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio,…

Wall St Slumps More Than 2% As Investors Fret On Recession Worries
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Wall St Slumps More Than 2% As Investors Fret On Recession Worries

The Cheap InvestorSeptember 23, 20220

By David French (Reuters) – Wall Street slumped more than 2% on Friday as investor concerns about the health of…

FedEx Needs To Deliver On Cost-cut Plan As Investor Patience Wanes -analysts
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FedEx Needs To Deliver On Cost-cut Plan As Investor Patience Wanes -analysts

The Cheap InvestorSeptember 23, 20220

By Kannaki Deka (Reuters) -FedEx Corp’s new chief executive needs to show he can deliver on the promise of implementing…

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US to seek stronger labor, environmental standards in Asia

The Cheap InvestorSeptember 23, 2022September 26, 20220

WASHINGTON (AP) — The U.S. is outlining its goals for a new trade deal with Australia, Japan, South Korea and…

Britain Sends Investors Fleeing With Historic Tax Cuts And Borrowing
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  • Reuters

Britain Sends Investors Fleeing With Historic Tax Cuts And Borrowing

The Cheap InvestorSeptember 23, 20220

By David Milliken, Andy Bruce and Kate Holton LONDON (Reuters) -Britain’s new finance minister Kwasi Kwarteng unleashed historic tax cuts…

Toyota Motor To Close Its Factory In Russia
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  • Reuters

Toyota Motor To Close Its Factory In Russia

The Cheap InvestorSeptember 23, 20220

MOSCOW (Reuters) -Japan’s Toyota Motor Corp said on Friday that it had decided to end vehicle production in Russia due…

Oil Plunges To Eight-month Low On Strong Dollar, Recession Fears
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  • Reuters

Oil Plunges To Eight-month Low On Strong Dollar, Recession Fears

The Cheap InvestorSeptember 23, 20220

By Scott DiSavino NEW YORK (Reuters) -Oil prices plunged about 5% to an eight-month low on Friday as the U.S….

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