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Syneos taken private for $4.46 billion by investment consortium

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) -An investment consortium, comprising of Elliott Investment Management, Patient Square Capital and Veritas Capital, has agreed to take Syneos…

  • Business
  • Economy

US credit crunch didn’t start with SVB collapse, and may not end there

The Cheap InvestorMay 10, 2023May 10, 20230

By Howard Schneider WASHINGTON (Reuters) – It wasn’t the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver,…

  • Business
  • Economy

US April CPI rise gives Fed little room for pivot soon – Instant View

The Cheap InvestorMay 10, 2023May 10, 20230

NEW YORK (Reuters) – U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained…

  • Asia
  • Business

Volkswagen defends China record at turbulent shareholder meeting

The Cheap InvestorMay 10, 2023May 10, 20230

By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen defended its record in China and its decision to jointly own…

  • Business
  • Canada

Trulieve Cannabis misses revenue estimates on weak demand

The Cheap InvestorMay 10, 2023May 10, 20230

By Ankit Kumar and Mrinalika Roy (Reuters) -Trulieve Cannabis Corp posted a bigger-than-expected fall in first-quarter revenue on Wednesday, as…

  • Business
  • Economy

Airbnb tumbles as forecast hints at easing U.S. travel demand

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) -Airbnb’s shares slid 12% on Wednesday after the top vacation rental firm issued a gloomy second-quarter forecast and signaled…

  • Economy
  • US

Traders bet on end to Fed rate hikes after April inflation data

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) -An April inflation reading on Wednesday that was more benign than expected disrupted the modest momentum that had been…

  • Business
  • US

Vitamin Shoppe owner taken private in $2.6 billion deal with CEO-led group

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) -Vitamin Shoppe owner Franchise Group Inc would be taken private by a group led by CEO Brian Kahn in…

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  • Latin America

Migration through Panama’s Darien Gap spikes despite US plan

The Cheap InvestorMay 10, 2023May 10, 20230

By Elida Moreno PANAMA CITY (Reuters) -The number of people arriving in the treacherous Darien Gap linking Panama with Colombia…

  • Asia
  • Business

Big U.S. firms adopt cautious tone on China recovery

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) – Several U.S. companies, including PepsiCo, Qualcomm and Cummins, struck a cautious note on their growth prospects in China,…

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