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J.B. Hunt misses estimates on weak freight demand and higher maintenance expenses

The Cheap InvestorApril 17, 20230

(Reuters) – J.B. Hunt Transport Services Inc reported lower-than-expected quarterly earnings on Monday, hurt by weak shipping demand, high driver…

  • Business
  • Economy

Apple offers high-yield savings to card customers as deposit competition heats up

The Cheap InvestorApril 17, 2023April 17, 20230

NEW YORK (Reuters) – Apple Inc is seeking to attract U.S. savers with a new high-yield deposit account it announced…

  • Business
  • Economy

Aurubis CEO says has stopped buying copper from Russia

The Cheap InvestorApril 17, 2023April 17, 20230

SANTIAGO (Reuters) – Aurubis AG, Europe’s largest copper smelter and producer, no longer buys the red metal from Russia after…

  • Business
  • Economy

US House Speaker McCarthy pitches budget cuts for debt limit vote

The Cheap InvestorApril 17, 2023April 17, 20230

By Richard Cowan and Katharine Jackson WASHINGTON (Reuters) -U.S. House of Representatives Speaker Kevin McCarthy on Monday outlined spending cuts…

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Soundgarden, singer’s widow settle court fight over unreleased recordings

The Cheap InvestorApril 17, 2023April 17, 20230

By Blake Brittain (Reuters) – Grunge music pioneers Soundgarden and Vicky Cornell, the widow of lead singer Chris Cornell, have…

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BlackRock to kick off sales of securities of failed banks – Bloomberg News

The Cheap InvestorApril 17, 2023April 17, 20230

(Reuters) -Asset manager BlackRock Inc is launching a months-long process on Tuesday to help the Federal Deposit Insurance Corp offload…

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Stocks weaker as U.S. yields, dollar rise

The Cheap InvestorApril 17, 2023April 17, 20230

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks was slightly higher on Monday as investors digested…

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Exclusive-Fox investors seek records in possible step toward suing directors

The Cheap InvestorApril 17, 2023April 17, 20230

By Jody Godoy and Helen Coster (Reuters) – Fox Corp shareholders are demanding company records that may show whether directors…

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Consumer stocks’ earnings may offer clues on U.S. economy’s resilience

The Cheap InvestorApril 17, 2023April 17, 20230

(This April 14 story has been corrected to delete the word ‘growth’ from the last line in paragraph 7) By…

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US financial institutions hit by deposit flight as clients seek higher returns

The Cheap InvestorApril 17, 2023April 17, 20230

(Reuters) -Deposits at three financial institutions fell in the first quarter as the industry’s biggest crisis in more than a…

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