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Microsoft raises dividend, plans $40 billion share buyback

September 21, 2016 by · Leave a Comment 

(Reuters) – Microsoft Corp on Tuesday raised its quarterly dividend by 8 percent and said it would buy back up to $40 billion as part of a new share repurchase program. The new buyback program has no expiration date and may

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Microsoft raises dividend, plans $40 billion share buyback

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Senate Republicans seek probe of Mylan EpiPen oversight

September 21, 2016 by · Leave a Comment 

By Brendan Pierson NEW YORK (Reuters) – Mylan NV faced new scrutiny over price hikes for its anti-allergy EpiPen on Tuesday, with U.S. lawmakers calling for a probe of oversight of the company’s rebates to government healthcare plans…

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Senate Republicans seek probe of Mylan EpiPen oversight

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Senators push Wells Fargo CEO on pay clawbacks after bogus accounts

September 21, 2016 by · Leave a Comment 

U.S. Senate lawmakers excoriated Wells Fargo & Co's chief on Tuesday for his oversight of the bank as it opened 2 million bogus customer accounts, potentially laying the groundwork for new rules and reviving questions of whether banks are “too big to fail.” Chief Executive Officer John Stumpf told the Senate Banking Committee on Tuesday that customers who had bogus accounts opened in their name will be made whole and compensated for any damage to their credit rating, but some Democratic senators called for…

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Senators push Wells Fargo CEO on pay clawbacks after bogus accounts