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Lumen Technologies shares slide after posting loss of nearly $9 billion

The Cheap InvestorAugust 1, 2023August 1, 20230

(Reuters) – Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge…

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US Fed officials see pathway to soft landing

The Cheap InvestorAugust 1, 2023August 1, 20230

By Ann Saphir (Reuters) -U.S. central bankers, less than a week after raising interest rates for an 11th time since…

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VF Corp cuts annual revenue forecast on cooling North America demand

The Cheap InvestorAugust 1, 2023August 1, 20230

VF Corp cut its annual revenue forecast on Tuesday, signaling a slowdown in demand for its apparel and sneakers from…

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Brazil faces setbacks on push to erase budget deficit

The Cheap InvestorAugust 1, 2023August 1, 20230

By Bernardo Caram and Marcela Ayres BRASILIA (Reuters) – Delays and disappointments on revenue-boosting measures have made it harder for…

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Trump says he hears his indictment will be announced at 5 p.m

The Cheap InvestorAugust 1, 2023August 1, 20230

WASHINGTON (Reuters) – Former U.S. President Donald Trump said on Tuesday that he had heard that Special Counsel Jack Smith…

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Insurer Prudential Financial’s profit rises on strong gains in U.S. unit

The Cheap InvestorAugust 1, 2023August 1, 20230

(Reuters) – Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer’s U.S. unit benefited…

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Mercosur meets on counterproposal for trade talks with EU

The Cheap InvestorAugust 1, 2023August 1, 20230

By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) -South American trade bloc Mercosur officials met on Tuesday to agree on…

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Chesapeake Energy profit slides on lower natural gas prices

The Cheap InvestorAugust 1, 2023August 1, 20230

(Reuters) -Chesapeake Energy on Tuesday posted a fall in second-quarter profit due to lower natural gas prices and production. The…

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Oil dips on stronger dollar, profit-taking signs after rally

The Cheap InvestorAugust 1, 2023August 1, 20230

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on a stronger dollar and signs of profit-taking after a rally…

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Meta starts blocking news in Canada over law on paying publishers

The Cheap InvestorAugust 1, 2023August 1, 20230

OTTAWA (Reuters) -Meta Platforms has begun the process to end access to news on Facebook and Instagram for all users…

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