Cash

Europe burns cash to help companies deepen energy crisis

Europe burns cash to help companies deepen energy crisis

Sign up now for free unlimited access to Reuters.com register Ukraine crisis sends European gas prices soaring Utilities face liquidity crunch Germany will ‘do everything possible’ to help businesses Oil prices rise on Russia mobilization BERLIN/LONDON/HELLSINKI, Sept 21 (Reuters) – Germany nationalized gas importer Uniper (UN01.DE) on Wednesday and Britain capped wholesale electricity and gas …

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Week ahead on Wall Street: Investors hide cash despite soaring inflation as markets turmoil

Week ahead on Wall Street: Investors hide cash despite soaring inflation as markets turmoil

Wall Street signs are seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 28, 2016.REUTERS/Andrew Kelly Sign up now for free and unlimited access to Reuters.com register NEW YORK, Sept 16 (Reuters) – A tough year for markets is leading some investors to seek refuge in cash as they …

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HEB launches debit card with cash back on branded products from San Antonio retailers

HEB launches debit card with cash back on branded products from San Antonio retailers

HEB is launching a program to boost sales of its store-branded products by offering customers who use the San Antonio retailer’s new debit card a 5% cash back reward on these purchases. The program, simply known as the HEB Debit Card, also offers an optional savings account with an annual yield of up to 6%. …

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Rivian jumps on Mercedes-Benz deal, but analysts still worry about burning cash

Rivian jumps on Mercedes-Benz deal, but analysts still worry about burning cash

electric car start Rivian Automotive (RIVN) and German automaker Mercedes-Benz signed a memorandum of understanding to produce large electric vans for each of its brands, according to a joint statement on Thursday. RIVN stock jumped on the news. X The two companies intend to open a new plant in Central/Eastern Europe, where Mercedes-Benz has an …

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VIDEO: Bronx worker whipped by gunman, snatches $112,000 in cash from post office safe; FBI investigation

VIDEO: Bronx worker whipped by gunman, snatches $112,000 in cash from post office safe; FBI investigation

A Bronx postal worker was whipped with a pistol by a gunman who then stole $112,000 in cash and 10 boxes of money orders from a post office safe, police said. Around 7 a.m., the mailman had just been dropped off at the Castle Hill Ave. branch by her husband when she was attacked. The …

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Cash is king for EV makers as soaring battery prices push up car production costs

Cash is king for EV makers as soaring battery prices push up car production costs

On April 11, 2022, the company’s factory in Normal, Illinois produces the electric Rivian R1T pickup truck. Michael Whelan/CNBC In the transition from gasoline-powered vehicles to electric vehicles, the fuel every automaker is running on after these days is cold cash. Both established automakers and startups are launching new battery-powered models to meet growing demand. …

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