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Headlines

February 2025

Analog Devices beats first-quarter revenue estimates as chip demand recovers

The Cheap Investor02 mins

(Reuters) – Analog Devices topped first-quarter Wall Street expectations for revenue and profit on Wednesday, driven by a recovery in chip demand, particularly in the consumer segment, sending its shares up 5% in premarket trading. The company provides semiconductors to a variety of industries, including aerospace, automotive, communications, digital healthcare and industrial automation. Wilmington, Massachusetts-based…

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Argentina gov’t says bribe speculations ‘insulting’ after president promotes failed crypto

The Cheap Investor01 mins

BUENOS AIRES (Reuters) – Argentina’s presidential spokesperson Manuel Adorni said on Tuesday that it was “insulting” to speculate that bribes where involved in the case of libertarian President Javier Milei promoting a cryptocurrency that rapidly slumped. “We understand there was no attitude that went against public ethics,” Adorni said in a press conference, saying there…

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News outlets reject Trump accusations of USAID media ‘payoff’

The Cheap Investor06 mins

By Lydia Morrish (Reuters) – Several major news outlets including Politico and the Associated Press have rejected unsubstantiated accusations by President Donald Trump and right-wing influencers that the U.S. Agency for International Development paid millions of taxpayer dollars to newsrooms in exchange for coverage favoring the Democratic Party. Trump wrote on social media on Thursday:…

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Weight-loss drug developer Metsera reveals wider loss in US IPO filing

The Cheap Investor03 mins

(Reuters) -Weight-loss drug developer Metsera, backed by ARCH Venture Partners, revealed a wider loss in its paperwork for a U.S. initial public offering on Friday. The terms of the IPO were not disclosed in the filing.   Strong equity markets, falling interest rates and hopes of a friendlier regulatory environment under the incoming Trump administration have…

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US chicken, pork plant workers face higher health risks, USDA studies confirm

The Cheap Investor04 mins

By Tom Polansek CHICAGO (Reuters) – Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday. The findings highlight health concerns for employees who often perform repetitive tasks and use dangerous…

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Justice Department says there are ‘credible reports’ law enforcement took part in 1921 Tulsa massacre

The Cheap Investor06 mins

By Jasper Ward WASHINGTON (Reuters) – Some law enforcement members participated in arson and murders that occurred during the 1921 race massacre in Tulsa, Oklahoma, according to a U.S. Department of Justice report released Friday. The report, which was released in the final days of President Joe Biden’s administration, follows decades of advocacy efforts from…

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