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Wall St closes up, regains ground as US inflation report nears

The Cheap InvestorAugust 7, 2023August 7, 20230

By David French (Reuters) – U.S. stocks finished higher on Monday, regaining some of the ground lost last week, as…

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Profits for Brazil’s Itau Unibanco up 14%, beat expectations

The Cheap InvestorAugust 7, 2023August 7, 20230

By Peter Frontini SAO PAULO (Reuters) -Brazilian lender Itau Unibanco reported a 14% increase in second-quarter net profit from a…

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West African leaders to meet on Niger after junta defies deadline

The Cheap InvestorAugust 7, 2023August 7, 20230

By Abdel-Kader Mazou and Boureima Balima NIAMEY (Reuters) -West African leaders scheduled a summit for Thursday to discuss the Niger…

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EV firm Proterra files for Chapter 11 bankruptcy protection

The Cheap InvestorAugust 7, 2023August 7, 20230

(Reuters) -Electric-vehicle parts supplier Proterra filed for Chapter 11 bankruptcy protection on Monday, making it the latest company to go…

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Paramount to sell Simon & Schuster to KKR for $1.62 billion

The Cheap InvestorAugust 7, 2023August 7, 20230

By Samrhitha A and Dawn Chmielewski (Reuters) -Paramount Global said it would sell Simon & Schuster to private-equity firm KKR…

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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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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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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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