Apple Becomes First Company to Hit $3 Trillion Market Value

The iPhone maker’s value tripled since 2018 as its sales continued to soar and it spent hundreds of billions of dollars on its own stock.

#apple-inc, #computers-and-the-internet, #iphone, #sp-dow-jones-indices, #stock-buybacks, #stocks-and-bonds

Berkshire Hathaway’s Profit Fell in the Third Quarter

The conglomerate’s results reflected the turmoil in financial markets and the broader slowdown in U.S. economic growth.

#berkshire-hathaway-inc, #buffett-warren-e, #company-reports, #coronavirus-2019-ncov, #geico-government-employees-insurance-co, #munger-charles-t, #stock-buybacks, #stocks-and-bonds, #united-states-economy

How $2 Trillion in Tax Increases in Biden’s Bill Target Companies and the Rich

The proposal to fund the president’s sprawling spending plan mostly turns up the dial on more conventional tax policies, while trying to curb maneuvers that allow tax avoidance.

#biden-joseph-r-jr, #budgets-and-budgeting, #corporate-taxes, #corporations, #executive-compensation, #federal-budget-us, #federal-taxes-us, #high-net-worth-individuals, #income-tax, #internal-revenue-service, #stock-buybacks, #tax-credits-deductions-and-exemptions, #tax-shelters, #treasury-department, #united-states-politics-and-government

How Biden’s $2 Trillion in Tax Increases Target Companies and the Rich

The proposal to fund the president’s sprawling spending plan mostly turns up the dial on more conventional tax policies, while trying to curb maneuvers that allow tax avoidance.

#biden-joseph-r-jr, #budgets-and-budgeting, #corporate-taxes, #corporations, #executive-compensation, #federal-taxes-us, #high-net-worth-individuals, #income-tax, #internal-revenue-service, #stock-buybacks, #tax-credits-deductions-and-exemptions, #tax-shelters, #treasury-department, #united-states-politics-and-government

Democrats Eye Taxing Stock Buybacks and Partnerships

Senate Democrats say a 2 percent tax on the money companies use to buy back stocks and tightened rules around taxing partnerships would raise $270 billion for their $3.5 trillion social policy bill.

#brown-sherrod, #corporate-taxes, #federal-taxes-us, #high-net-worth-individuals, #stock-buybacks, #tax-cuts-and-jobs-act-2017, #tax-evasion, #tax-shelters, #united-states-politics-and-government, #wyden-ron

Global Shortages During Coronavirus Reveal Failings of Just in Time Manufacturing

Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories.

#automobiles, #calvin-klein-inc, #computer-chips, #coronavirus-2019-ncov, #executive-compensation, #factories-and-manufacturing, #ford-henry, #intel-corporation, #international-trade-and-world-market, #mckinseyco, #nike-inc, #quarantine-life-and-culture, #ships-and-shipping, #shutdowns-institutional, #stock-buybacks, #stockpiling, #stocks-and-bonds, #taiwan-semiconductor-manufacturing-company-ltd, #toyota-motor-corp, #united-states-economy

Apple Is Worth $2 Trillion, Punctuating Big Tech’s Grip

Apple is the first U.S. company to reach $2 trillion in value, capping a staggering ascent that began in the pandemic.

#alphabet-inc, #amazon-com-inc, #apple-inc, #computers-and-the-internet, #cook-timothy-d, #coronavirus-2019-ncov, #facebook-inc, #google-inc, #iphone, #microsoft-corp, #mobile-applications, #stock-buybacks, #stocks-and-bonds

Too Big to Fail: The Entire Private Sector

Large parts of financial markets are now being managed by the government. Even if they don’t like it, investors must acknowledge it.

#banking-and-financial-institutions, #coronavirus-2019-ncov, #credit-and-debt, #federal-reserve-system, #government-bonds, #powell-jerome-h, #regulation-and-deregulation-of-industry, #shutdowns-institutional, #stock-buybacks, #stocks-and-bonds

Should There Be Deals During a Pandemic?

Elizabeth Warren and Alexandria Ocasio-Cortez escalated a Washington pushback against M.&A., introducing a bill to block many corporate acquisitions.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #mergers-acquisitions-and-divestitures, #mnuchin-steven-t, #ocasio-cortez-alexandria, #stock-buybacks, #united-states-economy, #warren-elizabeth

A Big, Once-Reliable Source of Investor Cash Is Drying Up

The losses aren’t coming just from the drop in stock prices. The effect of the dividend cuts sweeping through the market will hurt, too.

#banking-and-financial-institutions, #buffett-warren-e, #coronavirus-2019-ncov, #corporations, #economics-theory-and-philosophy, #mutual-funds, #private-equity, #quarantines, #recession-and-depression, #siegel-jeremy-j, #standardpoors-500-stock-index, #stock-buybacks, #stocks-and-bonds, #thaler-richard-h, #yardeni-edward

Some Companies Seeking Bailouts Had Piles of Cash, Then Spent It

They poured the money into stock buybacks and dividends. Now, those hurting from the pandemic want government aid.

#american-airlines, #boeing-company, #buffett-warren-e, #business-roundtable, #coronavirus-aid-relief-and-economic-security-act-2020, #creed-greg, #davebusters-inc, #dimon-james, #fast-food-industry, #fink-laurence-d, #kentucky-fried-chicken, #mcdonalds-corporation, #papa-johns-international-inc, #restaurants, #stock-buybacks, #yum-brands-inc

Fed Gives Banks a Break to Keep Markets Calm, Asking for Little in Return

The Federal Reserve is giving banks room to maneuver with regulatory tweaks. But it isn’t barring them from paying dividends, fueling concerns that it is ignoring the lessons of the last crisis.

#banking-and-financial-institutions, #coronavirus-2019-ncov, #credit-and-debt, #federal-reserve-system, #powell-jerome-h, #regulation-and-deregulation-of-industry, #stock-buybacks, #united-states-politics-and-government