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August 16, 2022

American Airlines To Buy Supersonic Jets As It Bets On Ultra-fast Travel
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  • Reuters

American Airlines To Buy Supersonic Jets As It Bets On Ultra-fast Travel

The Cheap InvestorAugust 16, 20220

(Reuters) – American Airlines Group Inc on Tuesday agreed to buy up to 20 ultra-fast jets from Boom Supersonic, with…

Walmart Sees Smaller Profit Drop This Year As Discounts Spur Demand
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Walmart Sees Smaller Profit Drop This Year As Discounts Spur Demand

The Cheap InvestorAugust 16, 20220

By Uday Sampath Kumar and Siddharth Cavale (Reuters) -Walmart Inc nudged up its annual profit forecast on Tuesday, partly reversing…

  • AP
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Home Depot posts record profit, revenue; sticks to outlook

The Cheap InvestorAugust 16, 2022August 17, 20220

Home Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for…

  • AP
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Hot dogs vs deli meat; rising costs shape choices at Walmart

The Cheap InvestorAugust 16, 2022August 17, 20220

NEW YORK (AP) — With inflation hovering near levels not seen in 40 years, higher-income Americans turned to Walmart to…

Exclusive - Tencent Plans To Divest Meituan Stake Worth $24 Billion - Sources
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Exclusive – Tencent Plans To Divest Meituan Stake Worth $24 Billion – Sources

The Cheap InvestorAugust 16, 20220

By Julie Zhu and Kane Wu HONG KONG (Reuters) – China’s Tencent Holdings plans to sell all or a bulk…

  • AP
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Europe drought: German industry at risk as Rhine level falls

The Cheap InvestorAugust 16, 2022August 17, 20220

BERLIN (AP) — Germany’s main industry lobby group warned Tuesday that factories may have to throttle production or halt it…

Exclusive: Wall Street Revives Russian Bond Trading After U.S. Go-ahead
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Exclusive: Wall Street Revives Russian Bond Trading After U.S. Go-ahead

The Cheap InvestorAugust 16, 20220

By Davide Barbuscia NEW YORK (Reuters) – Several major Wall Street banks have begun offering to facilitate trades in Russian…

Pandora Shares Fall On Disappointing U.S. Sales
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Pandora Shares Fall On Disappointing U.S. Sales

The Cheap InvestorAugust 16, 20220

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Jewellery maker Pandora on Tuesday reported disappointing second-quarter sales in the U.S. market, prompting…

  • AP
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Explosions rock Crimea in suspected Ukrainian attack

The Cheap InvestorAugust 16, 2022August 16, 20220

KYIV, Ukraine (AP) — Explosions and fires ripped through an ammunition depot in Russia-annexed Crimea on Tuesday in the second…

  • AP
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Far-right Italian leader Meloni rides popular wave in polls

The Cheap InvestorAugust 16, 2022August 16, 20220

ROME (AP) — With a message that blends Christianity, motherhood and patriotism, Giorgia Meloni is riding a wave of popularity…

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