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WeWork CFO Resignation Marks Second Major Exit In A Week

The Cheap InvestorMay 24, 20230

(Reuters) -WeWork Inc CFO Andre Fernandez intends to resign on June 1, the company said on Wednesday, less than a…

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American Eagle Cuts Annual Revenue Forecast On Weak Apparel Demand

The Cheap InvestorMay 24, 20230

(Reuters) -American Eagle Outfitters Inc cut its full-year revenue forecast on Wednesday, as apparel demand wavers due to still-high inflation,…

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US Prosecutors Probe Trading By First Republic’s Former Employees – Bloomberg Law

The Cheap InvestorMay 24, 20230

(Reuters) – U.S. prosecutors are reviewing stock trading by some of First Republic Bank’s employees during the lender’s recent collapse,…

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EU, Google To Develop Voluntary AI Pact Ahead Of New AI Rules, EU’s Breton Says

The Cheap InvestorMay 24, 20230

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact…

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Analysis-Global Pension Funds Eye Currencies For Additional Returns

The Cheap InvestorMay 24, 20230

By Laura Matthews NEW YORK (Reuters) – Expectations for lower returns in stocks and bonds are sending some pension funds…

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Oil Prices Gain 1% On Falling U.S. Stockpiles, Saudi Warning

The Cheap InvestorMay 24, 20230

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose over 1% on Wednesday, after a large unexpected drawdown in U.S….

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Kohl’s Rises On Surprise Profit As CEO’s Turnaround Plan Shows Effect

The Cheap InvestorMay 24, 20230

By Savyata Mishra (Reuters) -Kohl’s Corp on Wednesday reported a surprise profit as its new CEO’s efforts to turn around…

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Stalled US Debt Talks, Inflation Woes Hit Stocks

The Cheap InvestorMay 24, 20230

By Lawrence White and Koh Gui Qing LONDON/NEW YORK (Reuters) – World stocks dropped on Wednesday as U.S. debt ceiling…

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BlackRock Prevails Over Shareholder Activists At Annual Meeting

The Cheap InvestorMay 24, 20230

By Ross Kerber (Reuters) -Top fund manager BlackRock Inc won support from investors at its annual meeting on Wednesday as…

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EU Court Rejects Meta Challenge To Antitrust Information Requests

The Cheap InvestorMay 24, 20230

By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms suffered a setback on Wednesday as Europe’s second-top court ruled as…

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