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January 2023

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Citadel posts record revenues for hedge fund, securities ops in 2022 – source

The Cheap InvestorJanuary 5, 2023January 5, 20230

(Reuters) – Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in…

Stocks Sag As Hawkish Fed Cools China Rally; Awaits US Jobs Data
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Stocks Sag As Hawkish Fed Cools China Rally; Awaits US Jobs Data

The Cheap InvestorJanuary 5, 20230

By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in…

Mercedez-Benz Says Nevada Approves Use Of Advanced Automated Driving System
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Mercedez-Benz Says Nevada Approves Use Of Advanced Automated Driving System

The Cheap InvestorJanuary 5, 20230

(Reuters) – German carmaker Mercedes-Benz said on Thursday that the state of Nevada has approved its application to deploy advanced…

Stocks Stall As Firm Fed Message Reins In China Rally
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Stocks Stall As Firm Fed Message Reins In China Rally

The Cheap InvestorJanuary 5, 20230

By Marc Jones and Koh Gui Qing NEW YORK (Reuters) – U.S. stocks sank on Thursday and brought to a…

Citadel Had Record Revenues For Hedge Fund, Securities Ops In 2022 - WSJ
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Citadel Had Record Revenues For Hedge Fund, Securities Ops In 2022 – WSJ

The Cheap InvestorJanuary 5, 20230

(Reuters) -Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in global…

Crypto Lender Genesis Lays Off 30% Of Staff - WSJ
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Crypto Lender Genesis Lays Off 30% Of Staff – WSJ

The Cheap InvestorJanuary 5, 20230

(Reuters) – Cryptocurrency lender Genesis has cut 30% of its workforce in a second round of layoffs in less than…

Walgreens To Pause M&A Deals, Focus On Healthcare Pivot
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Walgreens To Pause M&A Deals, Focus On Healthcare Pivot

The Cheap InvestorJanuary 5, 20230

By Raghav Mahobe and Aditya Samal (Reuters) – Walgreens Boots Alliance said on Thursday it will not strike new deals…

Wall St Drops As Tight Labor Market, Fed Officials' View Fan Rate Fears
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Wall St Drops As Tight Labor Market, Fed Officials’ View Fan Rate Fears

The Cheap InvestorJanuary 5, 20230

By Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes fell sharply on Thursday as fresh evidence of…

Oil Steadies After Biggest Start Of The Year Drop In Decades
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Oil Steadies After Biggest Start Of The Year Drop In Decades

The Cheap InvestorJanuary 5, 20230

By Alex Lawler LONDON (Reuters) -Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the…

U.S. Weekly Jobless Claims At Four-month Low; Layoffs Drop In December
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U.S. Weekly Jobless Claims At Four-month Low; Layoffs Drop In December

The Cheap InvestorJanuary 5, 20230

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to a four-month low last week…

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