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Consumer Stocks' Earnings May Offer Clues On U.S. Economy's Resilience
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Consumer Stocks’ Earnings May Offer Clues On U.S. Economy’s Resilience

The Cheap InvestorApril 16, 20230

By David Randall NEW YORK (Reuters) – Investors are awaiting earnings reports from consumer discretionary companies in coming weeks for…

China's Xpeng Aims To Cut Costs With New Vehicle Manufacturing Platform
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China’s Xpeng Aims To Cut Costs With New Vehicle Manufacturing Platform

The Cheap InvestorApril 16, 20230

SHANGHAI (Reuters) – China’s electric vehicle (EV) maker Xpeng unveiled on Sunday a new platform it developed in-house for making…

Hollywood Writers Vote On Whether To Give Negotiators Power To Call Strike
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Hollywood Writers Vote On Whether To Give Negotiators Power To Call Strike

The Cheap InvestorApril 16, 20230

By Lisa Richwine LOS ANGELES (Reuters) – Hollywood television and movie writers wrap up a critical vote this week as…

Merck To Buy Prometheus Biosciences For About $11 Billion
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Merck To Buy Prometheus Biosciences For About $11 Billion

The Cheap InvestorApril 16, 20230

(Reuters) -Merck & Co has agreed to acquire Prometheus Biosciences Inc for about $10.8 billion to bolster the company’s presence…

Panasonic Says It May Build EV Battery Plant In Oklahoma
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Panasonic Says It May Build EV Battery Plant In Oklahoma

The Cheap InvestorApril 16, 20230

TOKYO (Reuters) -Japan’s Panasonic Holdings, a battery supplier to electric vehicle maker Tesla Inc, said on Sunday that it is…

At China's Largest Trade Fair, Exporters Worry About World Economy
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At China’s Largest Trade Fair, Exporters Worry About World Economy

The Cheap InvestorApril 16, 20230

By Ellen Zhang and David Kirton GUANGZHOU (Reuters) – Chinese exporters exhibiting their products at the country’s largest trade fair…

Merck In Late-stage Talks To Acquire Prometheus Biosciences -WSJ
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Merck In Late-stage Talks To Acquire Prometheus Biosciences -WSJ

The Cheap InvestorApril 16, 20230

(Reuters) – Merck & Co is in late-stage talks to acquire Prometheus Biosciences Inc to get its hands on promising…

Yellen Says US Banks May Tighten Lending And Negate Need For More Rate Hikes
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Yellen Says US Banks May Tighten Lending And Negate Need For More Rate Hikes

The Cheap InvestorApril 15, 20230

By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said banks are likely to become more cautious and may…

Motorcycling-Bagnaia Smashes Lap Record To Take Americas GP Pole
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Motorcycling-Bagnaia Smashes Lap Record To Take Americas GP Pole

The Cheap InvestorApril 15, 20230

(Reuters) – Ducati’s reigning MotoGP world champion Francesco Bagnaia smashed the circuit lap record to take pole position for the…

Yellen Says U.S. Banks Likely To Pull Back Credit -CNN Interview
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Yellen Says U.S. Banks Likely To Pull Back Credit -CNN Interview

The Cheap InvestorApril 15, 20230

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said banks are likely to tighten lending further in the wake of…

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