The White House is at odds with business leaders over share repurchase programs. DealBook digs into the numbers to see who’s gaining from the practice.
Category: internal-storyline-no
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Why Lawmakers Aren’t Rushing to Police A.I.
Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.
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Salesforce Faces Mounting Investor Pressure As Profits Sag
The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks.
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How Biden Is Seeking to Reshape Business via the CHIPS Act
Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
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How the Lab Leak Theory Could Strain U.S.-China Relations
The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.
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Remembering Thomas H. Lee, a Veteran of Private Equity
The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music.
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Chinese Tech Giants Promise Their Own ChatGPT-Style Chatbots
A wave of Chinese tech companies are announcing their own A.I.-powered chatbots — but face hurdles imposed by their own government.
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Republican bashing of E.S.G. gets a bit more complicated
A number of G.O.P. lawmakers have taken money from the companies they vilified, but some of the party’s presidential hopefuls are still on the attack.
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Manchester United Sale Fetches Billion-Dollar Bids
Several bidders have emerged to buy the English soccer club, promising to pay billions to own a big piece of the world’s most popular sport.
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Authorities Step Up Their Crypto Crackdown
A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally.