Boeing announces $10 billion buyback, raises dividend
Reuters: Boeing Co.'s board raised the company's dividend about 50 percent on Monday and approved $10 billion in new share buyback authority that the company said it would use in the next two to three years. The share repurchase represents about 10 percent of Boeing's outstanding stock, ranking it in the middle of buybacks by large U.S. companies, which are on a stock-buying spree this year.
Facebook launches video ads
CNNMoney: Facebook Inc. is rolling out a feature Tuesday that will allow advertisers to play videos in users' news feeds. The feature, which is being tested with a small group of Facebook users, offers companies a new way to promote movies and products on smartphones and computers. The company says only a few Facebook users will see video ads this week. It's testing the feature with one company, Summit Entertainment.
Cost of living in U.S. unchanged as gasoline prices fall
Bloomberg: The cost of living in the U.S. was unchanged in November from the previous month, showing that inflation is making scant progress toward the Federal Reserve's goal. No change in the Consumer-Price Index followed a 0.1 percent decrease the prior month, according to a Labor Department report released today in Washington, D.C. The median forecast of 83 economists surveyed by Bloomberg called for a 0.1 percent advance. The core measure, which excludes food and fuel, rose 0.2 percent.