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May 2022

  • AP
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Nonprofits likely under fire as Senate explores ‘dark money’

The Cheap InvestorMay 3, 2022May 3, 20220

A Senate hearing on Wednesday is likely to produce fireworks as Republicans and Democrats square off over the role that…

  • AP
  • Headlines

EXPLAINER: What’s the latest in Russia’s dance with default?

The Cheap InvestorMay 3, 2022May 4, 20220

Russia appeared to dodge default on its foreign debt by dipping into its scarce dollar reserves. But Moscow’s debt drama…

Biogen CEO To Step Down; Drugmaker Pulls Back On Alzheimer's Drug Aduhelm
  • Headlines
  • Reuters

Biogen CEO To Step Down; Drugmaker Pulls Back On Alzheimer’s Drug Aduhelm

The Cheap InvestorMay 3, 20220

By Mrinalika Roy and Leroy Leo (Reuters) – Biogen Inc said on Tuesday that Chief Executive Michel Vounatsos will step…

  • AP
  • Headlines

Employers post record 11.5 million job openings in March

The Cheap InvestorMay 3, 2022May 4, 20220

WASHINGTON (AP) — Employers posted a record 11.5 million job openings in March, meaning the United States now has an…

Pfizer Keeps COVID Sales Forecast Unchanged As Pandemic Curbs Ease
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  • Reuters

Pfizer Keeps COVID Sales Forecast Unchanged As Pandemic Curbs Ease

The Cheap InvestorMay 3, 20220

By Manas Mishra and Michael Erman (Reuters) – Pfizer Inc maintained sales forecasts for its COVID products on Tuesday after…

Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban
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  • Reuters

Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban

The Cheap InvestorMay 3, 20220

By Alex Lawler LONDON (Reuters) -Oil slipped by more than 1% on Tuesday as concerns about demand due to China’s…

Ex-Tesla Engineer Aims To Build Next-generation Battery Materials In U.S.
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  • Reuters

Ex-Tesla Engineer Aims To Build Next-generation Battery Materials In U.S.

The Cheap InvestorMay 3, 20220

By Hyunjoo Jin SAN FRANCISCO (Reuters) – A battery startup founded by a former Tesla engineer announced on Tuesday plans…

  • AP
  • Headlines

Slovakia, Hungary won’t back EU sanctions on Russian energy

The Cheap InvestorMay 3, 2022May 4, 20220

BUDAPEST, Hungary (AP) — Slovakia and Hungary said Tuesday that they will not support sanctions against Russian energy that the…

Paramount Misses Quarterly Revenue Estimates On Weak TV Ad Sales
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  • Reuters

Paramount Misses Quarterly Revenue Estimates On Weak TV Ad Sales

The Cheap InvestorMay 3, 20220

By Eva Mathews and Helen Coster (Reuters) – Paramount Global said on Tuesday it added more than 6 million streaming…

Snarled-up Ports Point To Worsening Global Supply Chain Woes - Report
  • Headlines
  • Reuters

Snarled-up Ports Point To Worsening Global Supply Chain Woes – Report

The Cheap InvestorMay 3, 20220

By Marc Jones LONDON (Reuters) – Global supply chain problems look to set to worsen, a new report published on…

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