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July 2023

  • Business
  • Health

Schumer asks FDA to investigate Logan Paul’s PRIME energy drink

The Cheap InvestorJuly 10, 2023July 10, 20230

By Laura Sanicola (Reuters) -U.S. Senate Majority Leader Chuck Schumer on Sunday called on regulators to investigate a popular influencer-created…

  • Business
  • Economy

Brazil govt eyes sending income tax reform proposal to Congress

The Cheap InvestorJuly 10, 2023July 10, 20230

BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s government will not wait for Brazil’s Congress to finish voting on…

  • Business
  • Economy

US wholesale inventories revised up in boost to second-quarter GDP

The Cheap InvestorJuly 10, 2023July 10, 20230

WASHINGTON (Reuters) -U.S. wholesale inventories were unchanged in May after declining for two straight months, suggesting inventory investment could support…

  • Asia
  • Business

Canada extends consultation period for RBC’s $13.5 billion bid for HSBC unit

The Cheap InvestorJuly 10, 2023July 10, 20230

TORONTO (Reuters) – Canada’s finance ministry has extended the consultation period for Royal Bank of Canada’s $13.5 billion proposed acquisition…

  • Africa
  • Asia

LeapFrog plans $500 million investment in Asian, African climate transition firms

The Cheap InvestorJuly 10, 2023July 10, 20230

By Simon Jessop LONDON (Reuters) – Sustainability-focused asset manager LeapFrog Investments said it plans to invest $500 million in companies…

  • Entertainment and Lifestyle
  • Environment

Rash of shark attacks reported in New York over July 4 weekend

The Cheap InvestorJuly 10, 2023July 10, 20230

(This July 5 story has been corrected to fix the director’s name in paragraph 3) By Rachel Nostrant NEW YORK…

  • Business
  • Economy

US House oversight panel asks Fed’s Powell for SVB documents

The Cheap InvestorJuly 10, 2023July 10, 20230

(Reuters) – The Republican-led U.S. House of Representatives Oversight Committee on Monday asked Federal Reserve Chair Jerome Powell to hand…

  • Business
  • Europe

Modelo Especial tops Bud Light as most-sold US beer for second consecutive month

The Cheap InvestorJuly 10, 2023July 10, 20230

By Ananya Mariam Rajesh (Reuters) -Constellation Brands’ Modelo Especial was the top-selling beer brand in the United States for a…

  • Asia
  • Europe

Erdogan links Sweden’s NATO membership to Turkey’s EU accession

The Cheap InvestorJuly 10, 2023July 10, 20230

By Huseyin Hayatsever and Ece Toksabay ISTANBUL (Reuters) – Turkish President Tayyip Erdogan, in an unexpected move, said on Monday…

  • Business
  • Economy

SVB Financial sues FDIC to recover $1.93 billion seized in bank rescue

The Cheap InvestorJuly 10, 2023July 10, 20230

(Reuters) -Bankrupt SVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion that…

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