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Western Alliance deposits stabilize, profits beat, shares rise after hours

The Cheap InvestorApril 18, 2023April 18, 20230

(Reuters) -Western Alliance Bancorp on Tuesday posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis, news…

  • Asia
  • Australia

Australia’s AMP says Q1 fund outflows lower, credit quality strong

The Cheap InvestorApril 18, 2023April 18, 20230

(Reuters) – Australian financial services firm AMP Ltd said on Wednesday net cash outflows for its flagship Australian wealth management…

  • Business
  • Politics

US, General Motors settle alleged discrimination against non-US citizens

The Cheap InvestorApril 18, 2023April 18, 20230

By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department on Tuesday said it had reached a settlement with General Motors…

  • Asia
  • Business

Oil prices steady as strong China data offsets US rate worries

The Cheap InvestorApril 18, 2023April 18, 20230

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices were little changed on Tuesday as upbeat economic data in No. 2…

  • Business
  • Technology

Netflix reports mixed earnings as password crackdown set to expand

The Cheap InvestorApril 18, 2023April 18, 20230

By Dawn Chmielewski and Lisa Richwine (Reuters) – Netflix Inc beat Wall Street earnings estimates for the first quarter but…

  • Asia
  • Business

S&P 500 ekes out gain as tech supports, J&J, Goldman disappoint

The Cheap InvestorApril 18, 2023April 18, 20230

By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – The S&P 500 eked out a slim gain on Tuesday…

  • Business
  • Economy

No more red envelopes: Netflix to end DVD-by-mail business 

The Cheap InvestorApril 18, 2023April 18, 20230

By Dawn Chmielewski (Reuters) -Netflix Inc is winding down its DVD-by-mail business, the company said in a blog post on…

  • Business

United Airlines sees return to profit on ‘strong’ international travel demand

The Cheap InvestorApril 18, 2023April 18, 20230

By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Holdings Inc on Tuesday forecast a profit for the second quarter and…

  • Asia
  • Business

Apple opens first India store as fans show off vintage devices, take selfies

The Cheap InvestorApril 18, 2023April 18, 20230

By M. Sriram and Tanvi Mehta MUMBAI (Reuters) -About 300 people queued at Apple’s store in Mumbai on Tuesday, as…

  • Asia
  • Business

Marketmind: Central banks on pause patrol

The Cheap InvestorApril 18, 2023April 18, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Whisper it, but…

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