Apple on buyback run drives shares higher in 2018
Apple reports another 100 billion dollar buyback plan alongside a first quarter retuning of 22.8 billion to repurchase stock, raising its quarterly dividend to 73 cents and continuing to dominate S&P 500 equity return. The move is hailed as a major means of value return while drawing criticism amid wealth distribution concerns.
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Apple
Cupertino
Calif
U.S
S&p
Standard & Poor
Howard Silverblatt
United States
Tammy Baldwin
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Fidelity
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PIMCO
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Tesla CEO Musk rattles investors after earnings call
Tesla posted a record first quarter loss and facing a cash hungry path as Elon Musk snarled at questions on Model 3 orders during a late night conference call. Shares fell after hours and analysts warned Musk must reassure lenders and shareholders to fund operations and debt payments due next year.
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Maryland crab industry in labor crisis grips Eastern Shore
Maryland's seafood sector faces a labor crisis as nearly half of the Eastern Shore crab houses lack meat-pickers. Visa shortages, worsened by a Trump administration lottery, threaten crab supply and raise prices, with owners fearing shutdowns if workers remain scarce.
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Maryland
Trump
Harry Phillips
Russell Hall Seafood
Hooper's Island
Mexico
United States
Dick's Sporting Goods expands gun control push
Dick's Sporting Goods retains Glover Park Group to lobby Congress on gun control as part of a broader shift after the Parkland shooting. The retailer had previously halted assault style rifles and high capacity magazines and raised the purchase age to 21. Other brands distanced themselves from the gun industry following nationwide protests.
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Glover Park Group
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