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The stock buyback battle

The latest pitched battle between Corporate America and its critics involves stock buybacks: Large companies’ purchases of their own shares on the stock market. The aim is to raise share prices and satisfy investors. But the practice has triggered outrage from critics, who argue that the buybacks discourage productive investment, higher wages and worker retraining. Big business is accused of ...

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How Tata can keep its hold on JLR

India’s Tata Group should treat the speed bump at Jaguar Land Rover (JLR) as a timely memo: The $102 billion salt-to-software conglomerate can no longer put off listing its closely held parent. UK-based Jaguar Land Rover Automotive Plc is burning cash on electric-vehicle technology just as the double whammy of a Chinese auto slowdown and Brexit threatens margins and sales. ...

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Alibaba’s US deal won’t help Trump’s trade balance

Soon after Donald Trump got elected, a host of Asian business leaders responded by flying to the US to shake his hand and pledge to create more jobs for Americans. Since then, the US president has continued to flay China for the massive trade imbalance between the two nations. It’s been the spur for raising tariffs and dragging Beijing to ...

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