General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker raised its dividend on upbeat annual forecast, citing stable prices and demand for gasoline-engine vehicles.
Chinese automakers’ plans to invest in Europe won’t be deflected by the EU’s anti-subsidy probe into Chinese-made electric vehicles, a leading Chinese auto industry association said on Tuesday.
U.S. business interests are hoping the Supreme Court in the coming weeks will overturn a legal doctrine established four decades ago that has bolstered the federal government’s position in thousands of legal battles concerning regulatory actions.
The clock is ticking for Keith Gill, the stock influencer known on YouTube as “Roaring Kitty,” to lock in gains on his options position in GameStop as the company’s share price wobbles and the expiration date for the contracts draws closer.
U.S. stock index futures edged lower on Tuesday, set for a muted session as investors looked ahead to crucial inflation data and a policy announcement from the Federal Reserve this week.
U.S. small-business confidence and hiring plans increased in May to their highest levels of the year, but the looming U.S. presidential election also drove uncertainty to nearly a four-year high, a survey showed on Tuesday.
The U.S. Supreme Court agreed on Monday to hear a bid by Meta’s Facebook to scuttle a private securities fraud lawsuit accusing the social media platform of misleading investors in 2017 and 2018 about the misuse of its user data by the company and third parties.
Three court cases in Thailand, including one that has ensnared the prime minister, have heightened political uncertainty in Southeast Asia’s second largest economy and sent investors fleeing its stock market.
A Tesla shareholder vote on Thursday on whether to reinstate CEO Elon Musk’s $56 billion pay package that was shot down by a Delaware judge will not provide a quick resolution, irrespective of the tally’s results.
