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2023

  • Business
  • Technology

Western Digital Corp sees weak fourth quarter on slower recovery for memory chips

The Cheap InvestorMay 8, 2023May 8, 20230

(Reuters) – Memory chip firm Western Digital Corp forecast fourth-quarter revenue below Wall Street estimates and a bigger current-quarter loss,…

  • Top News

Russia attacks Ukrainian cities with drones and missiles

The Cheap InvestorMay 8, 2023May 8, 20230

By Gleb Garanich and Valentyn Ogirenko KYIV (Reuters) -Russia launched its biggest swarm of drones for months against Ukraine on…

Western Digital Corp Sees Weak Fourth Quarter On Slower Recovery For Memory Chips
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  • Reuters

Western Digital Corp Sees Weak Fourth Quarter On Slower Recovery For Memory Chips

The Cheap InvestorMay 8, 20230

(Reuters) – Memory chip firm Western Digital Corp forecast fourth-quarter revenue and profit below Wall Street estimates on Monday, signaling…

  • Business
  • Economy

US judge temporarily suspends six creditors from joining Citgo auction

The Cheap InvestorMay 8, 2023May 8, 20230

By Marianna Parraga HOUSTON (Reuters) – A U.S. court of appeals has granted Venezuela a temporary stay preventing six companies…

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U.S. Senate committee to vote on bipartisan rail safety bill

The Cheap InvestorMay 8, 2023May 8, 20230

WASHINGTON (Reuters) -The U.S. Senate Commerce Committee on Wednesday will vote on sweeping bipartisan rail safety legislation prompted by a…

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Crypto stocks drop after Binance halts bitcoin withdrawals for hours

The Cheap InvestorMay 8, 2023May 8, 20230

By Jaiveer Shekhawat (Reuters) -Shares of cryptocurrency- and blockchain-related companies fell in early trading hours on Monday after Binance halted…

  • Business
  • Economy

EU draft Data Act puts trade secrets at risk, Siemens, SAP say

The Cheap InvestorMay 8, 2023May 8, 20230

By Foo Yun Chee BRUSSELS (Reuters) – German business software maker SAP and German engineering company Siemens have joined U.S….

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  • Economy

Banks tighten credit terms, see loan demand drop, Fed survey shows

The Cheap InvestorMay 8, 2023May 8, 20230

By Howard Schneider and Ann Saphir (Reuters) -Credit conditions for U.S. business and households continued tightening in the first months…

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  • Economy

Yellen is calling CEOs personally to warn on US debt ceiling -sources

The Cheap InvestorMay 8, 2023May 8, 20230

By Andrea Shalal WASHINGTON (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to…

Biden, McCarthy Aim To Break US Debt-ceiling Standoff As Default Crisis Looms
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  • Reuters

Biden, McCarthy Aim To Break US Debt-ceiling Standoff As Default Crisis Looms

The Cheap InvestorMay 8, 20230

By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit…

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