Companies' self-devouring buyback spree is finally slowing down

Stock buybacks are the preferred form of financial engineering in corporate America, through which companies borrow like crazy and give the money to their shareholders, artificially increasing their earnings-per-share ratio, massively reducing real economic growth, while enriching a tiny number of already-wealthy investors: but buybacks may finally be coming to an end. Read the rest

Microsoft will buy Linkedin for $26.2B

The all-cash deal is expected to close by the end of the calendar year, and will be one of the largest acquisitions in tech business history. Read the rest