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Updated

  • Business
  • Economy

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…

  • Economy
  • Europe

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…

  • Business
  • Europe

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…

  • Business
  • Economy

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…

  • Business
  • Europe

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

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  • Latin 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…

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