A proposal to restrict stock buybacks is the latest push by party leaders to force corporations to spend more on workers. Source: NYT > Business
Biggest Public Company? Microsoft. Wait, Apple Again. Amazon? No, Back to Microsoft.
The title of largest company by market value has changed hands seven times since late last year, thanks to Apple’s sliding stock price and the broader turmoil in tech stocks. Source: NYT > Business
Stocks Are Rising on Earnings, and Earnings Aren’t Even That Good
The results aren’t stellar, but they’re far better than the markets had braced for. Source: NYT > Business
Slack Files for Public Offering, Joining Silicon Valley’s Stock Market Rush
The workplace messaging company, one of the technology industry’s so-called unicorns, said Monday it had confidentially filed to go public. Source: NYT > Business
Strategies: Once the ‘Bond King,’ Bill Gross Is Retiring, His Star Dimmed
Mr. Gross was forced out of Pimco, which he co-founded in 1971, five years ago. His performance has lagged since he joined Janus Henderson Investments. Source: NYT > Business
DealBook Briefing: Tech No Longer Carries the Stock Market
Weakened demand for semiconductors is hurting the financials of big technology firms, and it could be a sign of a broader slowdown. Source: NYT > Business