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The Cheap Investor

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Second judge says US not liable in Moderna COVID-19 vaccine patent case

The Cheap InvestorApril 26, 2023April 26, 20230

By Blake Brittain (Reuters) – Moderna Inc failed to persuade a Delaware federal judge on Wednesday to shift liability from…

  • Asia
  • Business

Hyundai Motor to exit Russia, selling its plants – media report

The Cheap InvestorApril 26, 2023April 26, 20230

SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to exit Russia and sell its manufacturing plants there to a…

  • Business
  • Technology

EBay forecasts upbeat revenue as sneakers, refurbished items drive growth

The Cheap InvestorApril 26, 2023April 26, 20230

By Yuvraj Malik (Reuters) -EBay Inc on Wednesday forecast current-quarter revenue above Wall Street projections after beating March-quarter earnings estimates,…

  • Business
  • Politics

Elon Musk talks AI, Tesla with Democratic leader Schumer

The Cheap InvestorApril 26, 2023April 26, 20230

By David Shepardson WASHINGTON (Reuters) -Elon Musk, the billionaire CEO of electric vehicle maker Tesla and social media platform Twitter,…

  • Politics
  • Top News

‘Donald Trump raped me,’ writer says at civil trial

The Cheap InvestorApril 26, 2023April 26, 20230

By Jonathan Stempel and Jack Queen NEW YORK (Reuters) – A writer explained in graphic detail on Wednesday how Donald…

  • Africa
  • Top News

Kenyan cult leader told followers to starve themselves ahead of world’s end, sources say

The Cheap InvestorApril 26, 2023April 26, 20230

By Duncan Miriri MALINDI, Kenya (Reuters) – The leader of a Kenyan cult told his followers the world would end…

  • Business
  • Economy

US shale producer Pioneer’s founder and CEO Sheffield to retire

The Cheap InvestorApril 26, 2023April 26, 20230

By Liz Hampton (Reuters) -Scott Sheffield, who built U.S. oil producer Pioneer Natural Resources into the largest producer in Texas,…

  • Business

Walmart in Mexico sees net profit rise in first quarter, yet trails competitors

The Cheap InvestorApril 26, 2023April 26, 20230

MEXICO CITY (Reuters) -Walmart’s Mexico unit on Wednesday posted a 3.7% rise in first quarter net profit as same-store sales…

  • Business
  • Economy

Nasdaq outperforms as investors cheer Microsoft, Dow transports sink

The Cheap InvestorApril 26, 2023April 26, 20230

By SinĂ©ad Carew, Ankika Biswas and Sruthi Shankar (Reuters) – The tech-heavy Nasdaq closed slightly higher on Wednesday after strong…

  • Business
  • Latin America

Brazilian miner Vale’s profit slumps well below forecasts

The Cheap InvestorApril 26, 2023April 26, 20230

SAO PAULO (Reuters) -Brazil’s Vale, one of the world’s largest miners, reported a first quarter net profit down 59% from…

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