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January 2022

Citi To Exit Mexican Consumer Banking Business In Strategy Revamp
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Citi To Exit Mexican Consumer Banking Business In Strategy Revamp

The Cheap InvestorJanuary 11, 20220

By David Henry NEW YORK (Reuters) -Citigroup Inc will exit its Citibanamex consumer banking business in Mexico, ending a two-decade-long…

Oil Jumps Nearly 4% As Omicron Impact Seen As Short-lived
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Oil Jumps Nearly 4% As Omicron Impact Seen As Short-lived

The Cheap InvestorJanuary 11, 20220

By Arathy Somasekhar (Reuters) – Oil soared nearly 4% on Tuesday, supported by tight supply and expectations that rising coronavirus…

U.S. Stocks Bounce, Investors Digest News Of 2022 Rate Hikes
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U.S. Stocks Bounce, Investors Digest News Of 2022 Rate Hikes

The Cheap InvestorJanuary 11, 20220

By Koh Gui Qing NEW YORK (Reuters) – U.S. stocks bounced and Treasury yields retreated on Tuesday in choppy trade…

Wall Street Closes Higher After Powell Testimony Eases Investors' Concerns
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Wall Street Closes Higher After Powell Testimony Eases Investors’ Concerns

The Cheap InvestorJanuary 11, 20220

By Sinéad Carew (Reuters) – U.S. stock indexes gained ground on Tuesday with Nasdaq leading the advance as investors appeared…

U.S. New Vehicle Prices Hit Record High In December - Kelley Blue Book
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U.S. New Vehicle Prices Hit Record High In December – Kelley Blue Book

The Cheap InvestorJanuary 11, 20220

(Reuters) – The average transaction price of new vehicles in the United States shot up nearly 14% in December from…

Kroger's King Soopers Sweetens Offer Ahead Of Union Strike
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Kroger’s King Soopers Sweetens Offer Ahead Of Union Strike

The Cheap InvestorJanuary 11, 20220

(Reuters) – Kroger’s King Soopers sweetened its offer to workers to $170 million, a day before workers have threatened to…

ARK's Wood Turns Focus To Deflation, 'stay Connected' Stocks
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ARK’s Wood Turns Focus To Deflation, ‘stay Connected’ Stocks

The Cheap InvestorJanuary 11, 20220

By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of ARK Invest doubled down on her bet…

Omicron Surge Puts The Brakes On Recovery Of U.S. Companies
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Omicron Surge Puts The Brakes On Recovery Of U.S. Companies

The Cheap InvestorJanuary 11, 20220

By Uday Sampath Kumar and Praveen Paramasivam (Reuters) – U.S. companies ranging from American Eagle to United Airlines are set…

KKR's Bid Target TIM Close To Decision On New CEO, Sources Say
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KKR’s Bid Target TIM Close To Decision On New CEO, Sources Say

The Cheap InvestorJanuary 11, 20220

By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) is moving closer to appointing a new chief executive, with General Manager…

U.S. Labor Regulator Sets Dates For Union Vote At Amazon Warehouse In Alabama
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U.S. Labor Regulator Sets Dates For Union Vote At Amazon Warehouse In Alabama

The Cheap InvestorJanuary 11, 20220

SAN FRANCISCO (Reuters) – The U.S. National Labor Relations Board said on Tuesday that it will send unionization ballots to…

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