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Reuters

Meta Cuts 11,000 Jobs As It Sinks More Money Into The Metaverse
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  • Reuters

Meta Cuts 11,000 Jobs As It Sinks More Money Into The Metaverse

The Cheap InvestorNovember 9, 20220

By Aditya Soni and Nivedita Balu (Reuters) – Meta Platforms Inc said on Wednesday it would cut more than 11,000…

Investors Face Unclear Outcome In Midterms, With Questions Over Spending, Regulation
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Investors Face Unclear Outcome In Midterms, With Questions Over Spending, Regulation

The Cheap InvestorNovember 9, 20220

By Lewis Krauskopf and Laura Matthews NEW YORK (Reuters) – Investors on Wednesday were weighing a surprising outcome in the…

Nissan To Trim Production At U.S. Plant Over Chips Shortage
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Nissan To Trim Production At U.S. Plant Over Chips Shortage

The Cheap InvestorNovember 9, 20220

(Reuters) – Nissan Motor Co’s U.S. arm said Wednesday that supply chain issues will force it to trim production this…

FTX Turmoil Causes Crypto Concern, Sending Token Prices Sliding
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FTX Turmoil Causes Crypto Concern, Sending Token Prices Sliding

The Cheap InvestorNovember 9, 20220

By Selena Li, Tom Westbrook and Elizabeth Howcroft SINGAPORE/LONDON/NEW YORK (Reuters) – Investors fretted on Wednesday about the financial health…

Kohl's CEO Gass To Leave For Top Job At Levi Strauss
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Kohl’s CEO Gass To Leave For Top Job At Levi Strauss

The Cheap InvestorNovember 9, 20220

By Uday Sampath Kumar (Reuters) -Kohl’s Corp boss Michelle Gass is leaving to take the helm at Levi Strauss &…

Roblox Corp Shares Fall On Wider-than-expected Loss
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Roblox Corp Shares Fall On Wider-than-expected Loss

The Cheap InvestorNovember 9, 20220

(Reuters) -Roblox Corp reported a larger-than-expected quarterly loss on Wednesday, as the gaming platform spent more on hiring and its…

Cryptocurrencies Fall After FTX-Binance Turmoil Spooks Investors
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Cryptocurrencies Fall After FTX-Binance Turmoil Spooks Investors

The Cheap InvestorNovember 9, 20220

By Selena Li, Tom Westbrook and Elizabeth Howcroft SINGAPORE/LONDON (Reuters) -Cryptocurrencies saw a second day of sharp declines on Wednesday,…

Roblox Corp Reports Bigger Loss Than Expected
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Roblox Corp Reports Bigger Loss Than Expected

The Cheap InvestorNovember 9, 20220

(Reuters) – Roblox Corp on Wednesday reported a bigger loss than expected, sending shares down 14% in premarket trading. The…

Pipeline Operator TC Energy Posts Higher Profits, Looks To Sell Assets
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Pipeline Operator TC Energy Posts Higher Profits, Looks To Sell Assets

The Cheap InvestorNovember 9, 20220

By Rod Nickel and Arunima Kumar (Reuters) -North American oil and gas pipeline company TC Energy Corp reported an 8%…

Oil Producer Ithaca Shares Sink In UK's Largest IPO Of 2022
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Oil Producer Ithaca Shares Sink In UK’s Largest IPO Of 2022

The Cheap InvestorNovember 9, 20220

By Emma-Victoria Farr, Shadia Nasralla and Lucy Raitano LONDON (Reuters) -Ithaca Energy made a lacklustre debut in London on Wednesday…

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