Jeremy Grantham says Warren Buffett’s favorite corporate tactic facilitates ‘stock manipulation’ and hurts the economy

Warren Buffett called critics of stock buybacks "illiterate" in his annual shareholder letter. But now he's facing a new critic who is anything but: hedge funder Jeremy Grantham.

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Emerson Electric Nears Deal to Acquire National Instruments

Emerson Electric Co. is in advanced talks to acquire National Instruments Corp. after a long pursuit of the maker of measurement systems, according to people familiar with the matter.

Dow Up, Nasdaq Down as Markets Trade in Tight Range

Major U.S. equities indexes ended mixed on April 11, 2023, after trading in a narrow range ahead of inflation data and earnings news.The Dow ticked higher, the Nasdaq dipped slightly, and the S&P 500

Australia wage growth picks up to 3.3%, short of forecasts

Australian wages grew at the fastest annual pace in a decade last quarter but that was still short of market forecasts and could lessen the pressure for further aggressive hikes in interest rates,

Peter Thiel-Backed SPAC Weighs Merger With HK Fintech Hyphen, Sources Say

Bridgetown Holdings Ltd., the US-listed blank-check company backed by billionaires Peter Thiel and Richard Li, is considering a merger with financial technology firm Hyphen Group, according to people

How do rich people avoid taxes? Wealthy Americans skirt $160 billion a year in tax payment

Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are some strategies they use to do that.

Musk's Tesla pay package under scrutiny in Delaware court

Attorneys for a Tesla shareholder urged a Delaware judge on Tuesday to invalidate a 2018 compensation package awarded by the company's board of directors to CEO Elon Musk that is potentially worth

Japan's Nikkei seen hitting 30,000 by end of 2023 on economic recovery: Reuters poll

Japan's Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on a better domestic corporate and global economic outlook in the latter part of the year, according to strategists

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