BusinessEconomy Indexes fall 1% as regional banks tumble, investors fret before Fed The Cheap InvestorMay 2, 2023May 2, 20230 By Caroline Valetkevitch NEW YORK (Reuters) – Major U.S. stock indexes fell more than 1% each on Tuesday as regional…
EconomyEurope Russia’s war on Ukraine latest: General says Ukraine won’t give up on Bakhmut The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) – The Ukrainian general in charge of ground forces said his troops would not give up the eastern city…
Business Starbucks profits beat on China recovery, shares dive on guidance The Cheap InvestorMay 2, 2023May 2, 20230 By Deborah Mary Sophia and Hilary Russ (Reuters) -Starbucks Corp beat Wall Street estimates on Tuesday for quarterly profits, powered…
Business Ford’s profit rises on strong truck demand but EV outlook weighs The Cheap InvestorMay 2, 2023May 2, 20230 By Joseph White and Nathan Gomes (Reuters) -Ford Motor Co on Tuesday posted robust first-quarter revenue and profit, thanks to…
BusinessEurope Amgen sues Novartis to block generic osteoporosis, bone cancer drugs The Cheap InvestorMay 2, 2023May 2, 20230 By Blake Brittain (Reuters) – Amgen Inc sued Novartis AG’s Sandoz in New Jersey federal court Monday, accusing Sandoz’s proposed…
BusinessEconomy Cryptoverse: Digital coins lure inflation-weary Argentines and Turks The Cheap InvestorMay 2, 2023May 2, 20230 By Medha Singh and Lisa Pauline Mattackal (Reuters) -Can inherently volatile cryptocurrencies become safe-havens? Apparently they can in some parts…
BusinessEurope Livent boosts forecast on bullish outlook for lithium prices, demand The Cheap InvestorMay 2, 2023May 2, 20230 By Ernest Scheyder (Reuters) -Lithium producer Livent Corp boosted its annual forecast on Tuesday after reporting better-than-expected quarterly profit, a…
BusinessEconomy Google, Microsoft CEOs called to AI meeting at White House The Cheap InvestorMay 2, 2023May 2, 20230 By Nandita Bose and David Shepardson WASHINGTON (Reuters) -The chief executives of Alphabet Inc’s Google, Microsoft, OpenAI and Anthropic will…
BusinessEconomy Prudential Financial profit misses on lower assets under management The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) -Prudential Financial Inc reported a lower-than-expected quarterly profit on Tuesday, as the life insurer saw a decline in assets…
ElectionsLatin America Protests in Paraguay as losing candidates call for recount The Cheap InvestorMay 2, 2023May 2, 20230 (This May 1 story has been refiled to say ‘call’ in the headline) ASUNCION (Reuters) – Supporters of a right-wing…