General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.
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Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch a digital payments service.
Continue readingLucid CEO steps down; EV maker plans to more than double production in 2025
Lucid said Marc Winterhoff, currently the company’s chief operating officer, will step in as interim CEO.
Continue readingHow digitally native companies like Rothy’s are growing profitably in a new era for retail
Flats maker Rothy’s is growing profitably after expanding into wholesale and building its store fleet. In 2024, it saw sales grow 17%.
Continue readingEli Lilly is selling higher-dose vials of Zepbound at a lower price to boost weight loss drug access
Eli Lilly is offering higher-dose vials through its direct-to-consumer website, LillyDirect, which started offering lower doses in vials in August.
Continue readingHome Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Higher interest rates and home prices have challenged Home Depot’s business.
Continue readingJamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’
In the wide-ranging interview, Dimon addressed his push to have most workers in office five days a week and his views on Ukraine, tariffs and […]
Continue readingStarbucks to lay off 1,100 corporate workers as sales sag
Starbucks made the layoff announcement after four straight quarters of falling same-store sales.
Continue readingOnce high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday.
Continue readingThe family-office gold rush is spurring a conference craze — with one notable comeback
There are 244 family-office conferences set for this year alone, per Dakota Marketplace. Amid the gold rush, one event organizer has seemingly made a comeback.
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