- General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker raised its dividend on upbeat annual forecast, citing stable prices and demand for gasoline-engine vehicles.
GM had in January raised its dividend by 33% to 12 cents per share. Its shares were up 1% in premarket trading.Hedge Funds Pile Into Copycat Quant Trades They Once Derided GOP Rep. Marjorie Taylor Greene was a team player and a reliable Republican leadership ally for nine months under former House Speaker Kevin McCarthy, willing to swallow tough votes and fall in line even when it meant defying her right-wing colleagues. -- Canadian building permits rose 20.5% in April compared with the month before, more than four times the expectation of economists in a Bloomberg survey.
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GM delays new EV motor output at St. Catharines Propulsion Plant in OntariopGeneral Motors is delaying plans to build electric-vehicle motors at its St. Catharines Propulsion Plant, according to the union representing hourly employees at the Ontario plant./p
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