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February 22, 2022

Explainer-Western Sanctions On Banks Only Scratch Surface Of Fortress Russia
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  • Reuters

Explainer-Western Sanctions On Banks Only Scratch Surface Of Fortress Russia

The Cheap InvestorFebruary 22, 20220

By Tommy Wilkes and John McCrank LONDON/NEW YORK (Reuters) -The United States, the European Union and Britain announced new sanctions…

Virgin Galactic Posts Smaller Quarterly Loss
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  • Reuters

Virgin Galactic Posts Smaller Quarterly Loss

The Cheap InvestorFebruary 22, 20220

(Corrects to remove reference to supply issues in paragraph 1) (Reuters) -Space tourism company Virgin Galactic Holdings Inc reported a…

Oil Soars, Stocks Fall As Russia, Ukraine Fears Intensify
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Oil Soars, Stocks Fall As Russia, Ukraine Fears Intensify

The Cheap InvestorFebruary 22, 20220

By Sinéad Carew NEW YORK (Reuters) -Crude oil futures on Tuesday reached their highest levels since 2014 on supply concerns…

  • AP
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A 10% drop for stocks is scary, but it’s not that rare

The Cheap InvestorFebruary 22, 2022February 23, 20220

NEW YORK (AP) — The worries rocking Wall Street about interest rates, inflation and now Ukraine have sent the S&P…

Latam E-commerce Giant MercadoLibre Reports Q4 Net Loss Of $46.1 Million
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  • Reuters

Latam E-commerce Giant MercadoLibre Reports Q4 Net Loss Of $46.1 Million

The Cheap InvestorFebruary 22, 20220

(Reuters) – South American e-commerce giant MercadoLibre Inc missed analysts forecast after posting a fourth quarter net loss on Tuesday,…

Tesla Hit By Another Lawsuit Over Racism By Ex-worker
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Tesla Hit By Another Lawsuit Over Racism By Ex-worker

The Cheap InvestorFebruary 22, 20220

By Hyunjoo Jin SAN FRANCISCO (Reuters) – A former Tesla construction manager has filed a lawsuit against the electric car…

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Biden halts oil, gas leases amid legal fight on climate cost

The Cheap InvestorFebruary 22, 2022February 23, 20220

WASHINGTON (AP) — The Biden administration is delaying decisions on new oil and gas drilling on federal land and other…

Trump-linked SPAC's Shares Surge As Truth Social App Tops Apple Downloads
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Trump-linked SPAC’s Shares Surge As Truth Social App Tops Apple Downloads

The Cheap InvestorFebruary 22, 20220

By Medha Singh (Reuters) -Shares of Digital World Acquisition Corp, the blank-check company behind former U.S. President Donald Trump’s new…

Brazil Central Bank Chief Says Higher Interest Rates Are Supporting FX
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  • Reuters

Brazil Central Bank Chief Says Higher Interest Rates Are Supporting FX

The Cheap InvestorFebruary 22, 20220

BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Tuesday that higher interest rates are supporting financial…

Europe's Banks Brace For Russia Fallout While U.S. Banks See Limited Pain
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  • Reuters

Europe’s Banks Brace For Russia Fallout While U.S. Banks See Limited Pain

The Cheap InvestorFebruary 22, 20220

By Lawrence White, Alexandra Schwarz-Goerlich and Iain Withers LONDON/VIENNA/WASHINGTON (Reuters) -European banks on Tuesday were bracing for fallout and fresh…

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