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US job market resembling pre-pandemic environment, Yellen says

The Cheap InvestorJune 13, 2024January 24, 20250

(Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said the U.S. employment picture increasingly resembles the job market that…

  • Uncategorized

Apple accused in lawsuit of underpaying female workers in California

The Cheap InvestorJune 13, 2024January 24, 20250

By Daniel Wiessner (Reuters) -Apple on Thursday was hit with a proposed class action accusing the tech giant of paying…

  • Business

Employer coverage for weight-loss drugs rises sharply, survey finds

The Cheap InvestorJune 13, 2024January 24, 20250

By Amina Niasse NEW YORK (Reuters) – About one-third of U.S. employer health plans are offering coverage of GLP-1 drugs…

  • Business

Virgin Galactic announces reverse stock split

The Cheap InvestorJune 12, 2024January 24, 20250

(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in…

  • Business

Tesla reported to police in Sweden over alleged illegal electrical work

The Cheap InvestorJune 12, 2024January 24, 20250

COPENHAGEN (Reuters) – U.S. electric vehicle manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation…

  • Business

Apple overtakes Microsoft to return as world’s most valuable company

The Cheap InvestorJune 12, 2024January 24, 20250

(Reuters) -Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the…

  • Business

Chipmaker Broadcom raises annual revenue forecast, unveils stock split

The Cheap InvestorJune 12, 2024January 24, 20250

(Reuters) – Tech conglomerate Broadcom raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment…

  • Business

General Motors approves new $6 billion share buyback plan

The Cheap InvestorJune 11, 2024January 24, 20250

(Reuters) -General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker…

  • Business

Paramount special committee meets to vote on Skydance deal, Bloomberg News reports

The Cheap InvestorJune 11, 2024January 24, 20250

(Reuters) -A special committee of the board of Paramount Global is meeting on Tuesday to vote on whether to accept…

  • Uncategorized

Explainer-What will happen to Tesla CEO Elon Musk’s $56 billion pay package?

The Cheap InvestorJune 11, 2024January 24, 20250

By Rachael Levy and Hyunjoo Jin (Reuters) – A Tesla shareholder vote on Thursday on whether to reinstate CEO Elon…

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