AsiaBusiness Marketmind: Investors’ glass still half full The Cheap InvestorMay 8, 2023May 8, 20230 By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese trade and…
EconomyPolitics Union sues to strike down US debt limit as default looms The Cheap InvestorMay 8, 2023May 8, 20230 By Daniel Wiessner (Reuters) – A union for U.S. federal government employees filed a lawsuit on Monday claiming a law…
BusinessEconomy Seven US senators raise concerns about Tesla use of forced arbitration clauses The Cheap InvestorMay 8, 2023May 8, 20230 By David Shepardson WASHINGTON (Reuters) -A group of seven U.S. senators on Monday questioned Tesla Inc’s use of forced arbitration…
AsiaAustralia Shares rise, dollar flat ahead of key U.S. inflation data The Cheap InvestorMay 8, 2023May 8, 20230 By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -A gauge of global equity markets rose and the dollar was…
BusinessEconomy PacWest shares pare gains after dividend cut fails to stem market fears The Cheap InvestorMay 8, 2023May 8, 20230 By Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional…
BusinessEntertainment and Lifestyle Associated Press, New York Times win Pulitzers for Ukraine coverage The Cheap InvestorMay 8, 2023May 8, 20230 By Joseph Ax NEW YORK (Reuters) -The Associated Press won two Pulitzer Prizes on Monday, including the distinguished public service…
BusinessEntertainment and Lifestyle Byron Allen sues McDonald’s for allegedly lying about commitment to Black media The Cheap InvestorMay 8, 2023May 8, 20230 By Jonathan Stempel (Reuters) -The media entrepreneur Byron Allen has filed a second lawsuit against McDonald’s Corp over the fast-food…
BusinessUS Devon Energy tops profit estimates on strong demand, boosts share buyback The Cheap InvestorMay 8, 2023May 8, 20230 (Reuters) -Shale oil producer Devon Energy on Monday topped Wall Street estimates for first-quarter profit on high demand for crude…
BusinessTechnology Western Digital Corp sees weak fourth quarter on slower recovery for memory chips The Cheap InvestorMay 8, 2023May 8, 20230 (Reuters) – Memory chip firm Western Digital Corp forecast fourth-quarter revenue below Wall Street estimates and a bigger current-quarter loss,…
BusinessEconomy US judge temporarily suspends six creditors from joining Citgo auction The Cheap InvestorMay 8, 2023May 8, 20230 By Marianna Parraga HOUSTON (Reuters) – A U.S. court of appeals has granted Venezuela a temporary stay preventing six companies…