• Heat Advisory - Click for Details
    ...HEAT ADVISORY IN EFFECT FROM 10 AM THIS MORNING TO 8 PM CDT TUESDAY...
    Effective: June 17, 2024 @ 10:00am
    Expires: June 18, 2024 @ 8:00pm
    WHAT
    Peak afternoon heat indices between 95 to around 100 degrees.
    WHERE
    Portions of north central, northwest, and west central Illinois, east central, northeast, and southeast Iowa, and northeast Missouri.
    WHEN
    From 10 AM this morning to 8 PM CDT Tuesday.
    IMPACTS
    Hot temperatures and humid conditions may cause heat illnesses.
    ADDITIONAL DETAILS
    Overnight temperatures in the 70s will provide little relief for those without air conditioning.
    PRECAUTIONARY/PREPAREDNESS ACTIONS
    Drink plenty of fluids, stay in an air-conditioned room, stay out of the sun, and check up on relatives and neighbors. Take extra precautions when outside. Wear lightweight and loose fitting clothing. Try to limit strenuous activities to early morning or evening. Take action when you see symptoms of heat exhaustion and heat stroke.

General Motors approves new $6 billion share buyback plan

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(Reuters) -General Motors on Tuesday announced a new $6 billion share buyback plan, just over a month after the automaker raised its dividend on upbeat annual forecast, citing stable prices and demand for gasoline-engine vehicles.

The company had in November outlined a $10 billion stock buyback on the heels of reaching a costly new labor agreement with the United Auto Workers union.

GM completed the first tranche in the first quarter and is on track to reduce its outstanding share count to under 1 billion. Its market capitalization was $54 billion as of latest close, as per LSEG data.

GM had in April raised its dividend by 33% to 12 cents per share. Its shares were up 1% in premarket trading.

(Reporting by Ananta Agarwal in Bengaluru; Editing by Arun Koyyur)

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