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UPS strike could be costliest in US in a century, study says

The Cheap InvestorJuly 14, 2023July 14, 20230

By Lisa Baertlein (Reuters) -A threatened U.S. strike at United Parcel Service could be “one of the costliest in at…

  • Business
  • Economy

UK extends Activision deadline after receiving Microsoft’s ‘complex’ proposal

The Cheap InvestorJuly 14, 2023July 14, 20230

By Paul Sandle LONDON (Reuters) – Britain’s competition regulator on Friday extended its final deadline on Microsoft’s Activision Blizzard deal…

  • Business
  • US

UPS says focused on reaching a labor deal before Aug. 1

The Cheap InvestorJuly 14, 2023July 14, 20230

(Reuters) – Delivery firm United Parcel Service said on Friday the company is focused on reaching an agreement with the…

  • Economy
  • Latin America

Brazil retail sales fall in May, and miss expectations

The Cheap InvestorJuly 14, 2023July 14, 20230

SAO PAULO (Reuters) -Brazil’s retail sales fell in May and missed expectations, government statistics agency IBGE showed on Friday, as…

  • Business
  • Economy

US consumer sentiment near two-year high in July

The Cheap InvestorJuly 14, 2023July 14, 20230

WASHINGTON (Reuters) – U.S. consumer sentiment jumped to the highest level in nearly two years in July as inflation subsided…

  • Business
  • Economy

Highly shorted Nikola jumps as retail army scoops up shares after BayoTech deal

The Cheap InvestorJuly 14, 2023July 14, 20230

(Reuters) – Shares of Nikola Corp jumped 14% on Friday, a day after a short squeeze sent the electric-truck maker’s…

  • Business
  • Economy

FTC faces uphill battle in Microsoft/Activision appeal

The Cheap InvestorJuly 14, 2023July 14, 20230

By Mike Scarcella WASHINGTON (Reuters) – The U.S. Federal Trade Commission’s (FTC) bid to temporarily block Microsoft’s $69 billion purchase…

  • Business
  • Economy

Illumina hit with record $476 million EU antitrust fine over Grail deal

The Cheap InvestorJuly 14, 2023July 14, 20230

(This July 12 story has been officially corrected by the European Commission to change the amount of deal to $570…

  • Business
  • Economy

Republican state officials threaten legal action over company diversity policies

The Cheap InvestorJuly 14, 2023July 14, 20230

(Refiles to replace ‘attorney generals’ with ‘attorneys general’ throughout) By Daniel Wiessner (Reuters) -A group of Republican U.S. state attorneys…

  • Africa
  • Business

StanChart to sell five sub-Saharan Africa businesses to Access Bank

The Cheap InvestorJuly 14, 2023July 14, 20230

DUBAI (Reuters) – Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in five sub-Saharan…

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