On Wednesday night, President Donald Trump went to war with military contractors.
The companies, he said, issued shareholder dividends and "massive" stock buybacks at the expense of using the funds … [+4503 chars]
Trump says he'll block defense contractor stock buybacks. Here's what his executive order actually does. - Business Insider
Defense Secretary Pete Hegseth now has leverage over defense contractors' financial decisions, from executive comp to shareholder payouts.
By:Jacob Shamsian
Source:Business Insider
Published:
Related News
business
business
business
Lagarde Abruptly Exited Davos Dinner as Lutnick Berated Europe - The Wall Street Journal
The Wall Street Journal•The Wall Street Journal
US Pending-Home Sales Plunge by Most Since Start of Pandemic - Bloomberg.com
Pending sales of US existing homes fell in December by the most since April 2020, an unusually large drop after the housing market appeared to be gaining some momentum.
Bloomberg•Julia Fanzeres
Elon Musk’s latest feud is a mudslinging match with a budget airline - The Washington Post
The billionaire has been trading online barbs for days with Ryanair in a spat that started over the airline’s refusal to install Starlink. Ryanair has been leaning into it.
The Washington Post•Jennifer Hassan