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August 2023

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Musk’s Neuralink raises $280 million in funding led by Thiel’s Founders Fund

The Cheap InvestorAugust 7, 2023August 7, 20230

(Reuters) – Elon Musk’s brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel’s…

  • Uncategorized

Options bets on earnings-fueled volatility in US stocks paying off

The Cheap InvestorAugust 7, 2023August 7, 20230

By Saqib Iqbal Ahmed NEW YORK (Reuters) – An options strategy that bets on stocks logging larger-than-expected moves on corporate…

  • Uncategorized

Minneapolis ex-officer sentenced to nearly 5 years in Floyd killing

The Cheap InvestorAugust 7, 2023August 7, 20230

By Brendan O’Brien (Reuters) -Former Minneapolis police officer Tou Thao was sentenced on Monday to 4-3/4 years in prison for…

  • Uncategorized

US watchdog reviewing Julie Su’s status as acting labor secretary

The Cheap InvestorAugust 7, 2023August 7, 20230

By Josephine Walker WASHINGTON (Reuters) -A U.S. government watchdog is reviewing how long Democratic President Joe Biden’s pick for labor…

  • Uncategorized

UK food price inflation to fall to 10% in late 2023, BoE’s Pill says

The Cheap InvestorAugust 7, 2023August 7, 20230

By David Milliken LONDON (Reuters) – British food price inflation is likely to fall to around 10% later this year,…

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Judge dismisses Trump’s defamation claim against E. Jean Carroll

The Cheap InvestorAugust 7, 2023August 7, 20230

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday dismissed Donald Trump’s defamation counterclaim against the writer E….

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Musk’s X to pay legal bills of people ‘unfairly treated’ for posting on platform

The Cheap InvestorAugust 7, 2023August 7, 20230

(Reuters) -Elon Musk has said his X social media platform will pay the legal bills and sue on the behalf…

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Pakistan to privatise loss-making national airline

The Cheap InvestorAugust 7, 2023August 7, 20230

By Asif Shahzad ISLAMABAD (Reuters) -Pakistan plans to privatise its loss-making national carrier Pakistan International Airlines, the government said on…

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Analysis-Will AI be an economic blessing or curse? History offers clues

The Cheap InvestorAugust 7, 2023August 7, 20230

By Mark John (Reuters) – If medieval advances in the plough didn’t lift Europe’s peasants out of poverty, it was…

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Exclusive-Petrobras investments may rise up to 10% in new 5-year plan, says CFO

The Cheap InvestorAugust 7, 2023August 7, 20230

By Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s Petrobras may increase investments in its next five-year business plan by…

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