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Headlines

Carrefour Confident On Turnaround After Brazil Sales Boost
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  • Reuters

Carrefour Confident On Turnaround After Brazil Sales Boost

The Cheap InvestorApril 21, 20220

By Dominique Vidalon PARIS (Reuters) -France’s Carrefour said on Wednesday it looked to 2022 with confidence after its sales growth…

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Average long-term US mortgage rates highest in 12 years

The Cheap InvestorApril 21, 2022April 21, 20220

WASHINGTON (AP) — Long-term U.S. mortgage rates rose for the seventh straight week, climbing to their highest level in more…

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Musk says he has $46.5B in financing ready to buy Twitter

The Cheap InvestorApril 21, 2022April 23, 20220

Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board…

Surging Used Car Demand, Higher Prices Lift AutoNation Profits
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  • Reuters

Surging Used Car Demand, Higher Prices Lift AutoNation Profits

The Cheap InvestorApril 21, 20220

By Joseph White (Reuters) -AutoNation Inc and other brick-and-mortar auto dealerships in the United States turned shortages of new and…

Musk Secures $46.5 Billion Financing Commitment For Twitter, Explores Tender Offer
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Musk Secures $46.5 Billion Financing Commitment For Twitter, Explores Tender Offer

The Cheap InvestorApril 21, 20220

(Reuters) -Elon Musk has secured a $46.5 billion financing commitment to acquire Twitter Inc and is considering starting a tender…

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Yellen weighs costs of war on Russia’s frozen assets

The Cheap InvestorApril 21, 2022April 21, 20220

WASHINGTON (AP) — The mounting economic damage to Ukraine from Russia’s ongoing bombardment has the U.S. and its allies speeding…

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Fewest Americans collecting jobless aid since 1970

The Cheap InvestorApril 21, 2022April 22, 20220

WASHINGTON (AP) — Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell…

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Union Pacific rate hikes push railroad’s Q1 profit up 22%

The Cheap InvestorApril 21, 2022April 21, 20220

OMAHA, Neb. (AP) — Union Pacific hauled in 22% more profit during the first quarter because it charged more and…

Big Companies Manage To Pass On Soaring Costs To Cash-strapped Consumers
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Big Companies Manage To Pass On Soaring Costs To Cash-strapped Consumers

The Cheap InvestorApril 21, 20220

By John Revill ZURICH (Reuters) -Makers of chocolate bars and coffee to lawn mowers and industrial robots were succeeding in…

AutoNation Results Beat Estimates On Surging Demand For Used Cars
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AutoNation Results Beat Estimates On Surging Demand For Used Cars

The Cheap InvestorApril 21, 20220

(Reuters) -No. 1 U.S. auto retailer AutoNation Inc reported first-quarter results that topped Wall Street estimates on Thursday, boosted by…

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