US stock buybacks hit $234.5 billion last quarter, reaching new record
13 December 2021 | 12:57 pm
Corporate stock buybacks hit new record, surpassing 2018. Companies listed on the S&P 500 bought back a record-setting $234.5 billion in shares in the third quarter of 2021, surpassing the previous record of $223 billion in the fourth quarter of 2018, according to preliminary data from S&P Dow Jones Indices.
Nobody was ever held responsible for strikes that killed thousands of civilians in Afghanistan and the Middle East, a New York Times report has found. A US strike cell routinely sidestepped safety procedures, it found.
US President Joe Biden has unveiled a new plan to tackle his country's COVID-19 emergency. Announcing the measures on his first full day in power, he said drastic action is needed.
A case of whether to uphold a Mississippi law that bans terminations of pregnancy after 15 weeks has made it to the country's highest court. A ruling could see the landmark 1973 'Roe versus Wade' case that legalized abortion overturned.
The court has agreed to hear arguments about the Biden administration's vaccine or testing requirement for large employers, and a separate vaccine mandate for healthcare workers.
The latest polls find a majority of Americans regard the supply chain crisis as a major concern.
US national security advisor Jake Sullivan is in Israel to discuss Iran and other issues. In Jerusalem, Sullivan said Iran may exhaust diplomacy within weeks.
In an interview with FRANCE 24 at the Paris Peace Forum, US billionaire Frank McCourt strongly criticised tech giants, saying social media is "undermining our democracies". The owner of French football club Olympique de Marseille told us more about his Project Liberty plan. He has invested $100 million in the initiative, which he hopes will "transform the way the internet works".
Kim Potter fired her gun instead of her taser during the attempted arrest of Daunte Wright at a traffic stop. The death occurred during the Derek Chauvin trial.
The United States has announced a diplomatic boycott of the upcoming Winter Olympics in Beijing over China’s “egregious” rights abuses, a move the Chinese government has said would be met with “resolute countermeasures”.
Government critics said the proposed media law was aimed at silencing dissent. President Andrzej Duda said it would have dealt a blow to Poland's reputation as a place to do business.
Omicron is now the dominant variant in the United States, accounting for nearly three-quarters of all cases. In New York, once the epicenter of the pandemic, omicron cases are surging.
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