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May 2023

  • Business
  • Economy

Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout

The Cheap InvestorMay 23, 2023May 23, 20230

By Jonathan Stempel (Reuters) – A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter…

  • Business
  • Health

Judge tosses out some claims in Abbott baby formula litigation

The Cheap InvestorMay 23, 2023May 23, 20230

By Jonathan Stempel (Reuters) – Abbott Laboratories persuaded a federal judge to dismiss some claims in nationwide litigation over recalled…

  • Business
  • Technology

Yelp jumps as activist investor seeks sale or merger with Angi

The Cheap InvestorMay 23, 2023May 23, 20230

(Reuters) -Activist investor TCS Capital Management on Tuesday urged Yelp Inc to either explore a sale or a merger with…

  • Business
  • Economy

Diversified Healthcare Trust shareholder pushes for alternatives to OPI merger

The Cheap InvestorMay 23, 2023May 23, 20230

By Svea Herbst-Bayliss NEW YORK (Reuters) – One of Diversified Healthcare Trust’s (DHC) largest shareholders is opposing the real estate…

  • Business
  • Europe

US judge hearing fight over Amgen deal for Horizon eyes September trial

The Cheap InvestorMay 23, 2023May 23, 20230

CHICAGO (Reuters) – The judge who will decide if Amgen can go forward with its $27.8 billion purchase of Horizon…

  • Business
  • Economy

Private equity firm GTCR amasses $11.5 billion in record fundraise

The Cheap InvestorMay 23, 2023May 23, 20230

(Refile to change “customer” to “consumer services” in last paragraph) By Chibuike Oguh NEW YORK (Reuters) -Private equity firm GTCR…

  • Business
  • Economy

Mining lags on female C-suite, board representation

The Cheap InvestorMay 23, 2023May 23, 20230

By Clara Denina and Helen Reid LONDON (Reuters) – Mining firms lag far behind other sectors on female representation in…

  • Business
  • Economy

Watchdog proposes first set of global rules for crypto sector

The Cheap InvestorMay 23, 2023May 23, 20230

By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and…

  • Europe
  • Politics

Russia says it crushes cross-border incursion from Ukraine

The Cheap InvestorMay 23, 2023May 23, 20230

(Reuters) -Moscow said on Tuesday it had routed and killed scores of “Ukrainian nationalists” who crossed into Russia from Ukraine…

  • Business
  • Health

Amgen settles patent lawsuit over biosimilar of J&J’s big-selling Stelara

The Cheap InvestorMay 23, 2023May 23, 20230

By Blake Brittain (Reuters) -Johnson & Johnson has settled its lawsuit over Amgen Inc’s proposed biosimilar version of J&J’s top-selling…

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