GM board approves new $6 billion share buyback authorization

General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT – General Motors on Tuesday announced a new $6 billion stock repurchase authorization has been approved by its board.The new buyback authorization comes as an accelerated $10 billion share repurchase program announced in...

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UAW President Shawn Fain under investigation by federal monitor

United Auto Workers President Shawn Fain testifies about the toll of working hours on laborers before the Senate Senate Health, Education, Labor, and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill on March 14, 2024 in Washington, DC. Chip Somodevilla | Getty ImagesDETROIT – United Auto Workers...

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WNBA reports record TV viewership, highest game attendance in 26 years

Indiana Fever guard Caitlin Clark (22) maneuvers past Washington Mystics guard Ariel Atkins (7) and Washington Mystics guard DiDi Richards (12) during the Washington Mystics-Indiana Fever WNBA game at Capital One Arena in Washington, D.C., on June 7, 2024.Craig Hudson | The Washington Post | Getty ImagesThe growing popularity...

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Roche alleges counterfeit diabetes medical devices were sold on Amazon

Roche Diabetes Care Inc. Accu-Chek brand glucose test strips are arranged for a photograph in the Brooklyn borough of New York, U.S., on Thursday, April 4, 2019. Alex Flynn | Bloomberg | Getty ImagesRoche, one of the world's largest biotech companies, said "dangerous counterfeits" of its diabetes medical devices ended...

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Southwest Airlines faces activist challenge from Elliott

A Southwest Airlines jet comes in for a landing at Laguardia Airport in New York City, New York, U.S., January 11, 2023. Mike Segar | ReutersActivist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has lagged big rivals.Elliott...

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