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United posts $646 million loss, omicron casts shadow over 1Q

The Cheap InvestorJanuary 19, 2022January 20, 20220

CHICAGO (AP) — United Airlines lost $646 million in the fourth quarter and said Wednesday that the current spike in…

Biden Says Fed Should 'recalibrate' Policy As Prices Rise
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  • Reuters

Biden Says Fed Should ‘recalibrate’ Policy As Prices Rise

The Cheap InvestorJanuary 19, 20220

WASHINGTON (Reuters) -U.S. President Joe Biden on Wednesday said it was appropriate for the Federal Reserve to recalibrate the support…

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US, UK begin talks on lifting Trump’s steel tariffs

The Cheap InvestorJanuary 19, 2022January 20, 20220

WASHINGTON (AP) — The United States and the United Kingdom have agreed to begin talks on removing former President Donald…

Kinder Morgan Profit Tops Expectations On Higher Gasoline, Jet Fuel Volumes
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  • Reuters

Kinder Morgan Profit Tops Expectations On Higher Gasoline, Jet Fuel Volumes

The Cheap InvestorJanuary 19, 20220

(Reuters) -Kinder Morgan beat Wall Street expectations for fourth-quarter profit on Wednesday, as the U.S. pipeline operator transported higher volumes…

United Airlines Trims Quarterly Loss, Sees Omicron Impact Fading In Spring
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  • Reuters

United Airlines Trims Quarterly Loss, Sees Omicron Impact Fading In Spring

The Cheap InvestorJanuary 19, 20220

By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Holdings on Wednesday reported a narrower-than-expected fourth-quarter loss, helped by strong holiday…

Companies Worry U.S. SEC Climate Rule May Require Broad Emissions Disclosures
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Companies Worry U.S. SEC Climate Rule May Require Broad Emissions Disclosures

The Cheap InvestorJanuary 19, 20220

By Katanga Johnson WASHINGTON (Reuters) – As the U.S. securities regulator wraps up a draft of a landmark new climate…

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Asian stocks rise after China rate cuts, Japan export gain

The Cheap InvestorJanuary 19, 2022January 20, 20220

BEIJING (AP) — Asian stock markets rose Thursday after China cut interest rates to shore up flagging economic growth and…

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Bank of America profits rise 28%, wage expenses up too

The Cheap InvestorJanuary 19, 2022January 19, 20220

NEW YORK (AP) — Bank of America said its profits rose 28% last quarter from a year earlier, but the…

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Morgan Stanley profits climb 9% on asset management business

The Cheap InvestorJanuary 19, 2022January 19, 20220

NEW YORK (AP) — Investment bank Morgan Stanley said its fourth-quarter profits rose 9% from a year ago, helped by…

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Turkey’s deal with UAE to build foreign exchange reserves

The Cheap InvestorJanuary 19, 2022January 19, 20220

ANKARA, Turkey (AP) — Turkey and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74…

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