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June 27, 2023

  • Business
  • Economy

US judge approves Overstock’s $21.5 million Bed Bath & Beyond purchase

The Cheap InvestorJune 27, 2023June 27, 20230

By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Tuesday approved Overstock.com’s $21.5 million purchase of Bed…

  • Asia
  • Business

Oil prices drop over 2% on interest rate hike worries

The Cheap InvestorJune 27, 2023June 27, 20230

By Stephanie Kelly NEW YORK (Reuters) -Oil prices slumped over 2% on Tuesday on signals that central banks may not…

  • Business
  • US

Harley-Davidson taps insider Jonathan Root as new CFO

The Cheap InvestorJune 27, 2023June 27, 20230

(Reuters) – Harley-Davidson on Tuesday named insider Jonathan Root as its new chief financial officer to succeed Gina Goetter who…

  • Business
  • Economy

U.S. new home sales jump in May; median house price falls

The Cheap InvestorJune 27, 2023June 27, 20230

WASHINGTON (Reuters) -Sales of new U.S. single-family homes surged to the highest level in nearly 1-1/2 years in May, benefiting…

  • Business
  • Economy

Biden does not expect a recession, says US economy is ‘strong’

The Cheap InvestorJune 27, 2023June 27, 20230

WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not…

  • Top News

US to give Ukraine $500 million in additional military aid -Pentagon

The Cheap InvestorJune 27, 2023June 27, 20230

WASHINGTON (Reuters) -The United States will provide Kyiv with a new military package worth up to $500 million, the Pentagon…

  • Business

Jefferies beats profit estimates as capital market revival offsets deal slump

The Cheap InvestorJune 27, 2023June 27, 20230

By Jaiveer Shekhawat and Lananh Nguyen (Reuters) -Jefferies Financial Group Inc on Tuesday posted second-quarter profit that edged past analysts’…

  • Economy

Brazil’s central bank is causing ‘unnecessary noise,’ minister says

The Cheap InvestorJune 27, 2023June 27, 20230

BRASILIA (Reuters) -Brazil’s planning and budget minister, Simone Tebet, said on Tuesday that the country’s central bank is causing “unnecessary…

  • Business
  • US

United Airlines CEO blames FAA as storms trigger more flight cancellations

The Cheap InvestorJune 27, 2023June 27, 20230

(Reuters) – United Airlines Chief Executive Scott Kirby has blamed the Federal Aviation Administration (FAA) after severe storms led to…

  • Business
  • Latin America

Google aims to avoid ‘perverse’ regulation in Brazil, says executive

The Cheap InvestorJune 27, 2023June 27, 20230

By Patricia VilasBoas SAO PAULO (Reuters) – The top executive of Google Brazil said on Tuesday the company encourages greater…

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