GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders

• GM raises quarterly dividend, initiates $6 billion stock buyback

  General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.
  
  CNBC - 1h
• 

  A Trump DOGE Dividend Could Raise Inflation

  President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.
  
  The New York Times - 6d

• Apple shareholders reject proposal to scrap DEI program

  Apple credits its DEI program as helping make the iPhone maker the most valuable company in the world.
  
  CBS News - 23h
• 

  Apple shareholders reject ban on diversity programs

  Apple shareholders rejected a proposal to eliminate internal programs intended to boost the diversity of the company's workforce on Tuesday before its public shareholder meeting.
  
  NBC News - 22h
• 

  Apple Shareholders Reject Proposal to Scrap Diversity Programs

  Unlike other tech firms, the iPhone maker isn’t walking back its DEI initiatives. And shareholders have now backed that decision.
  
  Inc. - 17h

• Apple shareholders reject outside proposal to end DEI programs

  The rejection signals that investors still see value in Apple's diversity programs.
  
  CNBC - 20h
• 

  Apple shareholders vote against ending DEI program amid Trump crackdown

  Vote vindicates tech company’s decision to uphold diversity initiatives as other firms give into pressure from president. Apple shareholders voted down an attempt to pressure the technology ...
  
  The Guardian - 19h

• Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires

  Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.
  
  MarketWatch - 46m

• Trump’s tariffs spook consumers weary of inflation

  The high spirits that greeted the US president’s election triumph in November have faded
  
  Financial Times - 11h

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• Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires

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• Investors love Buffett and then ignore what he says. How to avoid these mistakes made in 2024.

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• AI’s power demands spark new joint GE Vernova–NRG electricity plant project

  NRG flags need for new partnerships to fuel power development.
  
  MarketWatch - 59m

• Advance Auto Parts’ stock skids as retailer predicts weak sales next quarter

  Advance is also in the middle of a restructuring plan that will result in the closing of 500 stores.
  
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• AppLovin’s stock plunges as short sellers team up to stoke the bear case

  The ad-tech stock is heading for a record selloff and its longest losing streak in more than two years. But it’s still up more than fivefold in the past year.
  
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• Amazon unveils long-awaited Alexa revamped with AI features

  Amazon has been working for years to overhaul Alexa with generative AI features as it faced rising competition from OpenAI's ChatGPT and other chatbots.
  
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• The average IRS tax refund is more than 32% lower so far this season, early filing data shows. Here's why

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  CNBC - 13m

• Super Micro Computer shares surge 19% after company files delayed financials by deadline

  Super Micro also filed results for the first two quarters of the fiscal 2025 year and said it has "regained compliance" with Nasdaq requirements.
  
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• Lowe's beats Wall Street expectations as it starts to break out of sales slump

  Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.
  
  CNBC - 19m