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August 2022

  • AP
  • Headlines

Machinists at 3 Boeing defense plants ratify new contract

The Cheap InvestorAugust 3, 2022August 4, 20220

ST. LOUIS (AP) — Nearly 2,500 workers at three Boeing defense plants in the Midwest voted Wednesday to ratify a…

Latam's MercadoLibre Profits Soar, Company Plans Growth
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  • Reuters

Latam’s MercadoLibre Profits Soar, Company Plans Growth

The Cheap InvestorAugust 3, 20220

SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre Inc reported on Wednesday that its second-quarter net income rose 79.8% year-on-year,…

Nutrien Beats Profit Estimates, Lowers Full-year Forecast
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  • Reuters

Nutrien Beats Profit Estimates, Lowers Full-year Forecast

The Cheap InvestorAugust 3, 20220

By Ruhi Soni (Reuters) – Canada’s Nutrien Ltd beat second-quarter profit estimates on Wednesday, fueled by soaring prices of crop…

Elon Musk's Twitter Countersuit Due By Friday As Acrimony Grows
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  • Reuters

Elon Musk’s Twitter Countersuit Due By Friday As Acrimony Grows

The Cheap InvestorAugust 3, 20220

By Jonathan Stempel (Reuters) – Twitter Inc and Elon Musk, who are suing each other over the world’s richest person’s…

Tyson Foods Ignoring Subpoena For Meat Price Gouging Probe, NY Attorney General Says
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  • Reuters

Tyson Foods Ignoring Subpoena For Meat Price Gouging Probe, NY Attorney General Says

The Cheap InvestorAugust 3, 20220

By Jonathan Stempel NEW YORK (Reuters) – Tyson Foods Inc, one of the largest U.S. meat producers, is refusing to…

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  • Headlines

White House: Falling gas prices mean more than OPEC numbers

The Cheap InvestorAugust 3, 2022August 4, 20220

WASHINGTON (AP) — President Joe Biden traveled to Saudi Arabia last month on the possibility that he could get some…

Fed Officials Beat Inflation Drum; 50-basis-point Rate Hike 'reasonable' Next Month
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  • Reuters

Fed Officials Beat Inflation Drum; 50-basis-point Rate Hike ‘reasonable’ Next Month

The Cheap InvestorAugust 3, 20220

By Lindsay Dunsmuir and Dan Burns (Reuters) – Federal Reserve officials voiced their determination again on Wednesday to rein in…

OPEC+ Agrees Tiny Output Rise In Setback For Biden
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  • Reuters

OPEC+ Agrees Tiny Output Rise In Setback For Biden

The Cheap InvestorAugust 3, 20220

By Maha El Dahan and Ahmad Ghaddar DUBAI/LONDON (Reuters) – OPEC+ is set to raise its oil output goal by…

Ben & Jerry's Says Unilever Froze Directors' Salaries
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  • Reuters

Ben & Jerry’s Says Unilever Froze Directors’ Salaries

The Cheap InvestorAugust 3, 20220

By Jessica DiNapoli NEW YORK (Reuters) -Ben & Jerry’s independent board said parent company Unilever Plc, with which it is…

U.S. Services Sector Gains Speed In July; Supply, Prices Pressures Easing
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  • Reuters

U.S. Services Sector Gains Speed In July; Supply, Prices Pressures Easing

The Cheap InvestorAugust 3, 20220

By Lucia Mutikani WASHINGTON (Reuters) – The U.S. services industry unexpectedly picked up in July as new orders grew solidly,…

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