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GM raises quarterly dividend, initiates $6 billion stock buyback
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits.GM announced Wednesday it is…
Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Sens. Elizabeth Warren, D-Mass., center, Amy Klobuchar, D-Minn., and Senate Minority Leader Charles Schumer, D-N.Y., conduct a news conference after the Senate Policy luncheons in the Capitol, March 14, 2017.Tom Williams | CQ Roll Call |…
Eli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli Lilly on Tuesday released higher doses of its weight loss drug Zepbound in single-dose vials at as…
Amazon to gain creative control of James Bond franchise from Broccoli family
Daniel Craig stars as James Bond in "No Time To Die."Source: MGMAmazon is set to take creative control over the lucrative James Bond movie franchise from the Broccoli family, the company announced Thursday.The James Bond films have long…
Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort…
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial…
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks' corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty ImagesStarbucks will lay off 1,100 corporate employees and will not fill several hundred other…
The family-office gold rush is spurring a conference craze — with one notable comeback
From left, the Trump Royale, The Trump Palace and the Trump International Beach Resort are shown in Sunny Isles Beach, Florida, U.S. March 13, 2017.Joe Skipper | ReutersAs the rich have gotten richer, family offices have exploded in…
Hims & Hers to offer at-home blood draws, lean into ‘peptide innovations’ with new
The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City.Carlo Allegri | ReutersHims & Hers Health announced Wednesday it has acquired New Jersey-based at-home lab testing…
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s
General atmosphere during an IMAX private screening for the movie "First Man" at an AMC theater in New York City on Oct. 10, 2018.Lars Niki | Getty Images Entertainment | Getty ImagesAn "embarrassment of riches" at the box office could…
Yankees throw out one of baseball’s most notorious traditions: Players can now grow
Anthony Volpe, Jasson Domínguez and Paul Goldschmidt of the New York Yankees talk during spring training at George M. Steinbrenner Field in Tampa, Florida, on Feb. 19, 2025.New York Yankees | Getty ImagesStart spreading the news: For the…