An Aggressive Style of Share Buyback Is Having a Moment

[ad_1] In a cooling market for share buybacks, $10 billion commitments from both carmaker General Motors and aerospace-and-defense giant RTX stand out for their irreversibility as well as their headline…

Small-business owners face a punishing cocktail of labor shortages, inflation and rising rates. But some are finding fresh ways to thrive.

[ad_1] Business at Linda’s Bar and Grill in downtown Chapel Hill, N.C. had been booming before the pandemic. After the college town emptied and the restaurant shuttered for most of…

WSJ News Exclusive | Investcorp Joins Corsair’s $4.8 Billion Infrastructure Business

[ad_1] Dec. 11, 2023 7:00 am ET|WSJ Pro Investcorp has acquired a half-interest in Corsair Capital’s nearly $5 billion infrastructure business, injecting the Bahrain-based firm into a global industry and…

WSJ News Exclusive | Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback

[ad_1] Updated Dec. 10, 2023 12:38 pm ET Cigna abandoned its pursuit of a tie-up with Humana that would have created a roughly $140 billion giant in the health-insurance industry.…

The World’s Most Anonymous CEO Is About to Take Center Stage

[ad_1] The founder of fast-fashion juggernaut Shein has managed to stay out of the spotlight despite his company’s meteoric rise. With an IPO looming, he likely won’t remain under the…

Chinese Gamer-Networking App Nears SPAC Merger in Hong Kong

[ad_1] Updated Dec. 7, 2023 10:17 pm ET A Chinese social-networking platform aimed at Gen Z users is nearing a deal to go public by combining with a blank-check company…

Elon Musk’s AI Startup Seeks to Raise $1 Billion

[ad_1] Elon Musk’s artificial-intelligence company, xAI, is looking to raise $1 billion, according to a new SEC filing.  Musk launched xAI in July, with the company saying its mission is…

Opinion | Will GM Shareholders Survive the EV Meltdown?

[ad_1] Opinion | Will GM Shareholders Survive the EV Meltdown?  The Wall Street Journal [ad_2] Source link

GM’s $10 Billion Apology

[ad_1] Nov. 29, 2023 12:58 pm ET General Motors’ much-trumpeted technology bets haven’t worked out well lately. Ironically, that is one reason it can afford to score an easy goal…

GM Plans $10 Billion Stock Buyback in Bid to Assuage Investors

[ad_1] Updated Nov. 29, 2023 9:41 am ET General Motors plans to sharply increase cash return to shareholders, as Chief Executive Mary Barra seeks to reassure investors about the health…