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May 3, 2022

  • AP
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Washington reaches $518M settlement with opioid distributors

The Cheap InvestorMay 3, 2022May 4, 20220

SEATTLE (AP) — Months into a complex trial over their role in flooding Washington with highly addictive painkillers, the nation’s…

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Starbucks reports record Q2 sales, enhances worker benefits

The Cheap InvestorMay 3, 2022May 4, 20220

Starbucks’ sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor…

Starbucks Misses Sales Estimates On China COVID Curbs, Suspends Guidance
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  • Reuters

Starbucks Misses Sales Estimates On China COVID Curbs, Suspends Guidance

The Cheap InvestorMay 3, 20220

By Praveen Paramasivam and Hilary Russ (Reuters) -Starbucks Corp suspended its guidance for the rest of its fiscal year on…

White House To Host Union Organizers At Amazon, Starbucks
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  • Reuters

White House To Host Union Organizers At Amazon, Starbucks

The Cheap InvestorMay 3, 20220

By David Shepardson WASHINGTON (Reuters) -U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers…

Bank Of America Most Favored For Activism Defense In 2021 -Refinitiv Data
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Bank Of America Most Favored For Activism Defense In 2021 -Refinitiv Data

The Cheap InvestorMay 3, 20220

By Svea Herbst-Bayliss BOSTON (Reuters) – Bank of America ranked as the top financial adviser to companies targeted by activist…

Opioid Distributors Reach $518 Million Settlement With Washington State
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  • Reuters

Opioid Distributors Reach $518 Million Settlement With Washington State

The Cheap InvestorMay 3, 20220

By Dietrich Knauth (Reuters) -Washington has reached a $518 million settlement with drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal…

AMD Forecasts Current-quarter Revenue Above Estimates
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  • Reuters

AMD Forecasts Current-quarter Revenue Above Estimates

The Cheap InvestorMay 3, 20220

(Reuters) – Advanced Micro Devices Inc forecast second-quarter revenue above market expectations on Tuesday, betting on steady demand for its…

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US to hold back Lake Powell water to protect hydropower

The Cheap InvestorMay 3, 2022May 3, 20220

SALT LAKE CITY (AP) — U.S. officials announced what they called extraordinary steps on Tuesday to keep hundreds of billions…

Dollar Dips Before Fed, Aussie Gains After Rate Hike
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  • Reuters

Dollar Dips Before Fed, Aussie Gains After Rate Hike

The Cheap InvestorMay 3, 20220

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar slipped against a basket of currencies on Tuesday, as investors…

Main Negotiators Reach 'outcome' On COVID Vaccine IP Waiver -WTO
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  • Reuters

Main Negotiators Reach ‘outcome’ On COVID Vaccine IP Waiver -WTO

The Cheap InvestorMay 3, 20220

By Emma Farge GENEVA (Reuters) – The four main parties to negotiations on an intellectual property waiver for COVID-19 vaccines…

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