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More big corporate settlements coming, says departing U.S. Justice Dept official

The Cheap InvestorAugust 7, 2023August 7, 20230

By Sarah N. Lynch WASHINGTON (Reuters) – As Kenneth Polite steps down this month as the head of the U.S….

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Top US official traveled to Niger and held ‘difficult’ talks with junta officials

The Cheap InvestorAugust 7, 2023August 7, 20230

By Daphne Psaledakis, Humeyra Pamuk and Simon Lewis WASHINGTON (Reuters) – U.S. State Department’s acting No. 2 traveled to Niger…

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Chief of Texas’ largest county takes medical leave for depression

The Cheap InvestorAugust 7, 2023August 7, 20230

HOUSTON (Reuters) – Lina Hidalgo, chief executive of the third-largest U.S. county and the largest one in Texas, has checked…

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Airlines seek extension to cuts in minimum flight requirements at New York-area airports

The Cheap InvestorAugust 7, 2023August 7, 20230

By David Shepardson WASHINGTON (Reuters) -Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum…

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Palantir raises revenue target on AI boost, announces share buyback

The Cheap InvestorAugust 7, 2023August 7, 20230

By Chavi Mehta (Reuters) -Palantir Technologies slightly raised its annual revenue forecast on Monday and said it would buy back…

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Beyond Meat cuts annual revenue forecast as faux meat demand dips

The Cheap InvestorAugust 7, 2023August 7, 20230

By Ananya Mariam Rajesh (Reuters) -Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand…

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Marketmind: Awaiting another China exports slump

The Cheap InvestorAugust 7, 2023August 7, 20230

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….

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Oil prices drop 1% on fears of weaker demand

The Cheap InvestorAugust 7, 2023August 7, 20230

By Erwin Seba HOUSTON (Reuters) -Oil prices settled down 1% on Monday, after six straight weekly gains, as investors braced…

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AI mania, financials and energy stocks boost hedge fund gains

The Cheap InvestorAugust 7, 2023August 7, 20230

NEW YORK (Reuters) – Equity hedge funds ended July with gains of 7.83% so far this year, helped by technology,…

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PayPal launches dollar-backed stablecoin, boosting shares

The Cheap InvestorAugust 7, 2023August 7, 20230

By Jaiveer Shekhawat and Hannah Lang (Reuters) -Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin,…

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