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January 2022

U.S. Grocery Shortages Deepen As Pandemic Dries Supplies
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U.S. Grocery Shortages Deepen As Pandemic Dries Supplies

The Cheap InvestorJanuary 14, 20220

By Siddharth Cavale and Christopher Walljasper (Reuters) – High demand for groceries combined with soaring freight costs and Omicron-related labor…

J&J Reaches Opioid Settlement With Holdout State New Mexico
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J&J Reaches Opioid Settlement With Holdout State New Mexico

The Cheap InvestorJanuary 14, 20220

By Nate Raymond (Reuters) -Johnson & Johnson on Friday said it had agreed to pay $44 million to resolve claims…

Citigroup Results Show Restructuring Has Its Costs
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Citigroup Results Show Restructuring Has Its Costs

The Cheap InvestorJanuary 14, 20220

By David Henry and Niket Nishant (Reuters) -Citigroup Inc displayed some of the financial bruises required for its current restructuring…

Wall St Dragged Down By Disappointing Bank Results
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Wall St Dragged Down By Disappointing Bank Results

The Cheap InvestorJanuary 14, 20220

By Bansari Mayur Kamdar, Shreyashi Sanyal and Sinéad Carew (Reuters) -Wall Street’s main indexes fell on Friday with the biggest…

Citi Says Mexico Consumer Bank A 'jewel,' As It Gears Up To Sell
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Citi Says Mexico Consumer Bank A ‘jewel,’ As It Gears Up To Sell

The Cheap InvestorJanuary 14, 20220

(Reuters) – Citigroup Inc described the Citibanamex consumer bank in Mexico it is planning to shed as a “jewel” as…

Investors Wary On Bank Growth Despite Executives' Optimism
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Investors Wary On Bank Growth Despite Executives’ Optimism

The Cheap InvestorJanuary 14, 20220

WASHINGTON (Reuters) – While big U.S. bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick…

U.S. Court Bars Martin Shkreli From Pharma Industry, Orders $64.6 Million Payment
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U.S. Court Bars Martin Shkreli From Pharma Industry, Orders $64.6 Million Payment

The Cheap InvestorJanuary 14, 20220

WASHINGTON (Reuters) – A U.S. court said on Friday that Martin Shkreli, who famously raised the price of Daraprim, would…

Biden Seeks To Reshape Fed With Historically Diverse Slate Of Nominees
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Biden Seeks To Reshape Fed With Historically Diverse Slate Of Nominees

The Cheap InvestorJanuary 14, 20220

By Andrea Shalal and Ann Saphir WASHINGTON (Reuters) – U.S. President Joe Biden on Friday nominated former Federal Reserve Governor…

Boeing Engineer Who Led Development 737 MAX To Retire -company Memo
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Boeing Engineer Who Led Development 737 MAX To Retire -company Memo

The Cheap InvestorJanuary 14, 20220

By Eric M. Johnson SEATTLE (Reuters) -Boeing Co executive Michael Teal, a top engineer on its 777X program who also…

Halkbank Prosecution Put On Hold Pending U.S. Supreme Court Appeal
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Halkbank Prosecution Put On Hold Pending U.S. Supreme Court Appeal

The Cheap InvestorJanuary 14, 20220

By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court put the federal government’s prosecution of Turkish state-owned lender…

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