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Sam Bankman-Fried's Sudden Turn From White Knight To Washout
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Sam Bankman-Fried’s Sudden Turn From White Knight To Washout

The Cheap InvestorNovember 11, 20220

By Hannah Lang (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out…

Nasdaq, S&P 500 End Sharply Higher, Fueled By Inflation Optimism
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Nasdaq, S&P 500 End Sharply Higher, Fueled By Inflation Optimism

The Cheap InvestorNovember 11, 20220

By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 and Nasdaq ended sharply higher on Friday, extending a…

Factbox-Global Regulatory Actions Against FTX
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Factbox-Global Regulatory Actions Against FTX

The Cheap InvestorNovember 11, 20220

LONDON (Reuters) – FTX filed for U.S. bankruptcy proceedings on Friday, capping a week of turmoil for one of the…

Nearly Half Of Meta Job Cuts Were In Tech, Reorg Underway - Execs Say
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Nearly Half Of Meta Job Cuts Were In Tech, Reorg Underway – Execs Say

The Cheap InvestorNovember 11, 20220

By Paresh Dave OAKLAND, Calif. (Reuters) -Facebook owner Meta Platforms told employees on Friday that it would stop developing smart…

Factbox-Corporate America Braces For Large-scale Layoffs
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Factbox-Corporate America Braces For Large-scale Layoffs

The Cheap InvestorNovember 11, 20220

(Reuters) -Corporate America is making deep cuts to its employee base as part of its restructuring efforts to navigate a…

Elizabeth Holmes Seeks To Avoid Prison For Theranos Fraud
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Elizabeth Holmes Seeks To Avoid Prison For Theranos Fraud

The Cheap InvestorNovember 11, 20220

By Jonathan Stempel and Jody Godoy (Reuters) -Elizabeth Holmes urged a U.S. judge not to send her to prison, as…

Nearly Half Meta Job Cuts Were In Tech, Execs Say
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Nearly Half Meta Job Cuts Were In Tech, Execs Say

The Cheap InvestorNovember 11, 20220

(Reuters) -Meta Platforms told employees on Friday that 54% of the 11,000 jobs it cut earlier this week were business…

Italy's Benettons, Blackstone Set To Complete Atlantia Buyout Bid -sources
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Italy’s Benettons, Blackstone Set To Complete Atlantia Buyout Bid -sources

The Cheap InvestorNovember 11, 20220

By Elisa Anzolin MILAN (Reuters) -The Benetton family and U.S. investment fund Blackstone aim to press ahead with their offer…

Crypto Markets In Turmoil Over FTX Bankruptcy
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Crypto Markets In Turmoil Over FTX Bankruptcy

The Cheap InvestorNovember 11, 20220

(Reuters) – Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, after a…

U.S. Hotels Reel From China COVID Curbs Amid Travel Boom
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U.S. Hotels Reel From China COVID Curbs Amid Travel Boom

The Cheap InvestorNovember 11, 20220

By Priyamvada C (Reuters) – U.S. hotel operators expect more pain from China’s strict COVID-19 lockdowns which have halted construction…

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