AsiaAustralia Buffett’s Dairy Queen sees Taiwan among possible new markets, while mindful of geopolitics The Cheap InvestorMay 11, 2023May 11, 20230 By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan,…
BusinessEconomy Fed’s Kashkari says tight monetary policy may be needed for ‘extended’ time The Cheap InvestorMay 11, 2023May 11, 20230 By Ann Saphir (Reuters) – An extended period of high interest rates and an inverted yield curve could put more…
BusinessUS Peloton backpedals to near record low after bike recall The Cheap InvestorMay 11, 2023May 11, 20230 NEW YORK (Reuters) – Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low…
BusinessTechnology TuSimple gets Nasdaq delisting notice for failing to file quarterly report The Cheap InvestorMay 11, 2023May 11, 20230 (Reuters) – TuSimple Holdings Inc said on Thursday it had received a delisting notice from the Nasdaq for failing to…
BusinessEconomy Labor unions ask UN body to probe Starbucks’ use of legal loopholes The Cheap InvestorMay 11, 2023May 11, 20230 By Hilary Russ NEW YORK (Reuters) – Labor unions on Thursday asked a United Nations agency to investigate whether gaps…
AsiaAustralia Telecom Italia CEO says service business can stand on own two feet The Cheap InvestorMay 11, 2023May 11, 20230 MILAN (Reuters) – The head of Telecom Italia (TIM) said the company’s service business is “already sustainable” as a standalone…
BusinessEconomy US producer prices increase moderately in April The Cheap InvestorMay 11, 2023May 11, 20230 WASHINGTON (Reuters) – U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in…
EnvironmentUS El Niño could form during May-July, persist through winter – U.S. CPC The Cheap InvestorMay 11, 2023May 11, 20230 (Reuters) -The El Niño weather pattern was likely to form during the May-July season, with a more than 90% chance…
AsiaBusiness China says willing to work with U.S. on audit deal as challenges loom The Cheap InvestorMay 11, 2023May 11, 20230 By Xie Yu HONG KONG (Reuters) – China’s securities watchdog on Thursday said that it was willing to work with…
BusinessEconomy Sonos shares crash as forecast fails to strike a chord The Cheap InvestorMay 11, 2023May 11, 20230 (Reuters) – Sonos Inc was set to shed more than a fifth of its market valuation on Thursday after a…