The authorization is in addition to $4 billion in existing approved share repurchases, the company said.
President Donald Trump's latest bid to slash prescription drug prices has once again stirred heated debate about the high costs paid by U.S. patients.
Critical minerals refer to a subset of materials considered essential to the energy transition.
After falling for most of April, homebuyer mortgage demand rose for the second straight week, as buyers are enticed by more inventory.
Electric cars such as those from Tesla, which is trying to develop its own robotaxi, have previously caught blaze.
Chinese tech company Baidu's Apollo Go robotaxi business plans to expand to Europe this year, according to a source familiar with the matter.
Attendees of the U.S.-Saudi Investment Forum included scores of the world's most powerful CEOs, among them Elon Musk, Jensen Huang and Larry Fink.
Databricks, one of the most highly valued tech startups, is using some of its fresh capital for acquisitions.
Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.
U.S. President Donald Trump met with Syrian leader Ahmed al-Sharaa in Saudi Arabia before heading to Qatar on Wednesday, the White House said.
The world got a taste of an effective U.S.-China trade embargo, and there's no going back.
The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.
Burberry on Wednesday announced a slew of organization changes, amid continued turnaround efforts at the embattled luxury house.
Sony shares rose about 2% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates.
British businesses are warning the U.K. government that plans to tighten immigration rules on foreign workers will lead to labor shortages.
Global wealth is poised to grow exponentially, with family offices growing in tangent as the ultra-rich look for personalized services to manage their money. But hiring has not kept pace.
Samsung Electronics on Wednesday said it would acquire German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros.
The U.S. Federal Reserve in May warned that America is facing an increased risk of stagflation. Inflation data for April somewhat assuages that fear.
Israel-based stock brokerage platform eToro said it has priced shares for its IPO at $52, which would value the company at about $4.2 billion
An initial public offering from Chime could help to attract more companies to public markets.
The NFL's Week 1 game between the Kansas City Chiefs and the Los Angeles Chargers in Brazil will be streamed for free on YouTube for the first time ever.
Airbnb launched a redesigned app to showcase the company's push to let travelers book services, like catering and personal training, at their home rentals.
Syria has been designated a State Sponsor of Terrorism by the U.S. government since 1979.
Coinbase had its best day since just after last year's presidential election, as investors bought shares ahead of the company's inclusion in the S&P 500.
Nvidia CEO Jensen Huang said the cutting-edge Blackwell chips will be used in a 500 megawatt data center in Saudi Arabia.
President Donald Trump met with Saudi Crown Prince Mohammed bin Salman as several deals were announced between the two countries.