REDMOND, Wash.—U.S. companies are facing a “new era” in which fewer people are entering the workforce and pressure to pay higher salaries may become permanent, Microsoft Corp’s President Brad Smith told Reuters in an interview. At the software maker’s Redmond, Washington, headquarters, Smith highlighted one source of what he called today’s “greater economic turbulence.” In…
Microsoft to Buy Back up to $60 Billion in Shares; Names Brad Smith Vice Chair
Microsoft Corp. on Tuesday said it will conduct an up to $60 billion share buyback program, raise its quarterly dividend by 11 percent, and appoint company President Brad Smith as vice chair. Microsoft said the buyback program has no expiration date and may be terminated at any time, and that it would pay a dividend…
Microsoft Backs Australian Plan to Make Google Pay for News
CANBERRA, Australia (AP) — Microsoft said on Wednesday it supports Australia’s plans to make the biggest digital platforms pay for news and would help small businesses transfer their advertising to Bing if Google quits the country. Microsoft has been positioning itself to increase market share for its search engine Bing after a Google executive told…
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- Zachary StieberA federal jury has found that a Democrat super political action committee (PAC) defamed Roy Moore, a former sheriff and U.S. Senate candidate. The Senate Majority PAC made a false statement… [...]
- Cindy DrukierThe COVID era has been uniquely stressful, particularly when it comes to knowing what information to trust. And when it comes to vaccinations in particular, official advice, and what some… [...]
- Caden PearsonAn individual crashed a vehicle into a busy restaurant during peak dinner service in Arlington, Virginia, on Friday night, causing a fire, injuring 14 people, and damaging the building, according… [...]
- Zachary StieberA second Rhode Island health official has not ruled out bringing back school mask mandates, while speaking in a deposition performed for an ongoing lawsuit brought by parents upset their… [...]
- Tom OzimekRep. Jim Jordan (R-Ohio) said the FBI search of former President Donald Trump’s Mar-a-Lago home was “unbelievable” and “unprecedented,” while demanding that Attorney General Merrick Garland and FBI Director Christopher… [...]
- The Associated PressRICHLAND HILLS, Texas—Police in suburban Fort Worth fatally shot a man who pointed a rifle at them, authorities said. The shooting Friday in Richland Hills happened as two officers were… [...]
- Lorenz DuchampsThe School District of Philadelphia is requiring all students and staff to wear masks for the first 10 days of the upcoming school year, officials announced on Friday. After that,… [...]
- Julianne FosterTUSTIN, Calif.—Baked Dessert Bar’s brand-new location—its first in Orange County—is opening on the afternoon of Saturday, Aug. 13, and the first 50 customers can receive a free cupcake. The store… [...]
- Emily MillerAs Washington Democrats are about to hire 87,000 new Internal Revenue Service (IRS) employees, those who allegedly leaked the returns of multiple billionaires a year ago are still roaming free… [...]
- Tom OzimekRepublicans on the House Ways and Means Committee say they have received information from the non-partisan scorekeeper at the Congressional Budget Office (CBO) challenging the Biden administration’s narrative that Americans… [...]