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Amazon to close Kindle bookstore in China, halt device sale

The Cheap InvestorJune 2, 2022June 2, 20220

Amazon said Thursday that it will shut down its digital Kindle bookstores in China and stop selling the device to…

U.S. Tech Sector Sees Highest Job Cuts In May Since Dec. 2020 - Report
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  • Reuters

U.S. Tech Sector Sees Highest Job Cuts In May Since Dec. 2020 – Report

The Cheap InvestorJune 2, 20220

(Reuters) – U.S. employers in the technology sector cut nearly nine times more jobs in May than in the first…

White House Weighing Oil Profits Tax To Fund Consumer Rebate, Official Says
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  • Reuters

White House Weighing Oil Profits Tax To Fund Consumer Rebate, Official Says

The Cheap InvestorJune 2, 20220

By Trevor Hunnicutt WASHINGTON (Reuters) -The White House is considering proposals that would tax oil and gas windfall profits in…

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Russian Orthodox head escapes EU sanctions thanks to Orban

The Cheap InvestorJune 2, 2022June 3, 20220

BRUSSELS (AP) — Thanks to the insistence of Hungary, the head of the Russian Orthodox Church has been removed from…

Mcdonald's Will Have A 15-year Option To Buy Its Restaurants In Russia Back
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  • Reuters

Mcdonald’s Will Have A 15-year Option To Buy Its Restaurants In Russia Back

The Cheap InvestorJune 2, 20220

(Reuters) – McDonald’s Corp will have an option to buy its restaurants in Russia back within 15 years, Russia’s anti-monopoly…

European Shares Rise After Two-day Decline
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  • Reuters

European Shares Rise After Two-day Decline

The Cheap InvestorJune 2, 20220

By Susan Mathew and Bansari Mayur Kamdar (Reuters) -European shares bounced on Thursday, led by industrial and luxury names, with…

U.S. Targets Russian Yachts, Cellist Linked To Putin Over Ukraine War
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  • Reuters

U.S. Targets Russian Yachts, Cellist Linked To Putin Over Ukraine War

The Cheap InvestorJune 2, 20220

By Simon Lewis and Doina Chiacu WASHINGTON (Reuters) -The Biden administration on Thursday issued a raft of new sanctions aimed…

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Nonprofit helps formerly incarcerated firefighters get jobs

The Cheap InvestorJune 2, 2022June 2, 20220

For years California, Florida, Oregon, Washington, and other states have relied on incarcerated men and women to fight wildfires. They…

U.S. Issues Fresh Round Of Russia-related Sanctions: Website
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  • Reuters

U.S. Issues Fresh Round Of Russia-related Sanctions: Website

The Cheap InvestorJune 2, 20220

WASHINGTON (Reuters) – The United States has issued a fresh round of Russia-related sanctions targeting 17 individuals, including Sergei Roldugin,…

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Is it Time to Buy Salesforce?

The Cheap InvestorJune 2, 20220

It has been a difficult period for highly valued tech names. Dow component Salesforce, Inc (CRM) has been one of…

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