GM authorizes $10 billion share repurchase to benefit shareholders following strike
General Motors wants to give its shareholders a bigger return in 2024, announcing a $10 billion accelerated share repurchase program now that the labor strikes have settled.
Oil prices bubble ahead of OPEC meeting
Oil prices are moving higher ahead of the Organization of the Petroleum Exporting Countries (OPEC) meeting scheduled for Thursday, after the alliance delayed the event last week.
Tesla sets date for Cybertruck event: What to know
Tesla’s Cybertruck will finally make its official debut next week at the EV-maker’s gigafactory in Austin, Texas, putting the pressure on CEO Elon Musk.
Kraft Heinz authorizes $3B in share repurchase after ‘milestone’ quarter
The Kraft Heinz board of directors has approved up to $3 billion in a share repurchase program, the maker of ketchup and mac and cheese announced Monday.
Butterball CEO: Larger turkeys in demand this year
Families are going bigger on their Thanksgiving turkeys as prices fall and holiday customers return to larger pre-pandemic gatherings, according to Butterball CEO Jay Jandrain.
Oil slides after OPEC's unexpected meeting delay
The price of oil fell below $75 per barrel, taking another leg lower, after OPEC announced it was delaying its highly anticipated meeting.
Nvidia’s AI lead ups stakes for earnings
Chipmaker Nvidia has been leading the AI charge this year, driving shares to a new record up 242% YTD and leaving little room for disappointment in its upcoming earnings report.
Honda recalling nearly 250K vehicles over potential engine issues
NHTSA said a manufacturing error leading to engine stalls and fire led to the recall of about 250,000 Honda vehicles, including Honda Pilot SUVs and Odyssey minivans.
Hyundai, Kia face US safety probe into automakers’ recalls
The National Highway Traffic Safety Administration will launch an audit query into recalls impacting 6.4 million Hyundai and Kia vehicles for brake fluid leaks that may lead to fires.