The start of the prolonged outage coincided with an announcement by the local power company's parent, NiSource Inc., that it would be paying out around $140 million in dividends to its shareholders...
Showing posts with label shareholders. Show all posts
Showing posts with label shareholders. Show all posts
Tuesday, August 25, 2026
Wednesday, May 28, 2025
UnitedHealth’s collapse reveals the flaw at the heart of Medicare Advantage
This is the fundamental flaw at the heart of Medicare Advantage. Plans are beholden to shareholders, who seek short-term profits. Profits are only achievable through the widespread denial of care. Meanwhile, plans use these profits to buy up entities along the health care supply chain, whose clinicians and other employees can do the insurance company's bidding...
Saturday, May 21, 2022
Abbott enriched shareholders as faulty plant needed repairs, records show | US news | The Guardian
A deadly bacteria outbreak in baby formula and an ongoing formula shortage stem from issues some economists characterize as "rot" in the nation's economic system: prioritization of shareholder wealth and consolidation...
Thursday, May 7, 2020
Big companies are paying shareholders dividends and laying off thousands of workers - The Washington Post
Five companies paid a combined $700 million to shareholders while cutting jobs, closing plants.
https://www.washingtonpost.com/business/2020/05/05/dividends-layoffs-coronavirus/
https://www.washingtonpost.com/business/2020/05/05/dividends-layoffs-coronavirus/
Friday, March 20, 2020
US airlines pushing for massive bailout gave $45bn to shareholders in five years
The United States’ five largest airlines – which are pushing for a $50bn-plus bailout to help them survive the Covid-19 crisis – have handed out more than $45bn to shareholders and executives over the last five years, research by the Guardian has found.....
https://www.theguardian.com/business/2020/mar/18/america-airlines-bailout-shareholders-coronavirus
https://www.theguardian.com/business/2020/mar/18/america-airlines-bailout-shareholders-coronavirus
Friday, August 23, 2019
Group of top CEOs says maximizing shareholder profits no longer can be the primary goal of corporations - The Washington Post
A group representing the nation’s most powerful chief executives on Monday abandoned the idea that companies must maximize profits for shareholders above all else, a long-held belief that advocates said boosted the returns of capitalism but detractors blamed for rising inequality and other social ills....
https://www.washingtonpost.com/business/2019/08/19/lobbying-group-powerful-ceos-is-rethinking-how-it-defines-corporations-purpose/
https://www.washingtonpost.com/business/2019/08/19/lobbying-group-powerful-ceos-is-rethinking-how-it-defines-corporations-purpose/
Monday, January 7, 2019
These church groups are fighting back against gunmakers—with their money - Daily Kos
Gun violence in America feels like an endless cycle of problems and abuse. Many people feel at a loss to know how to take action to reduce gun violence that will offer tangible results. After all, we know all too well that thoughts and prayers don't save lives. One intriguing solution some people are testing out? Buying into the gun companies themselves. .....
https://www.dailykos.com/stories/1822990
https://www.dailykos.com/stories/1822990
Sunday, June 18, 2017
Big Oil Believes in Climate Change—When It’s Talking to Shareholders
Fossil fuel companies are among the biggest supporters of President Trump's decision to pull out of the Paris climate accords, yet federal documents reveal that some companies have long been aware of the severe risks to their operations posed by a warming planet.
In filings with the Securities and Exchange Commission, several oil and pipeline companies acknowledge that climate change – which the fossil fuel industry has contributed to significantly – could undermine their bottom line and threaten their most valuable physical assets, including pipelines, oil storage “tank farms” and export terminals....
http://www.thedailybeast.com/big-oil-believes-in-climate-changewhen-its-talking-to-shareholders
In filings with the Securities and Exchange Commission, several oil and pipeline companies acknowledge that climate change – which the fossil fuel industry has contributed to significantly – could undermine their bottom line and threaten their most valuable physical assets, including pipelines, oil storage “tank farms” and export terminals....
http://www.thedailybeast.com/big-oil-believes-in-climate-changewhen-its-talking-to-shareholders
Thursday, June 1, 2017
Shareholders force ExxonMobil to come clean on cost of climate change
ExxonMobil, the world's biggest oil company, was compelled by shareholders to be more open about the impact of climate change on its business in a "historic" surprise vote on Wednesday.
The public rebuke came as Donald Trump reportedly prepared to pull out of the Paris climate accord, the agreement forged by close to 200 countries to address climate change. ...
https://www.theguardian.com/business/2017/may/31/exxonmobil-climate-change-cost-shareholders
The public rebuke came as Donald Trump reportedly prepared to pull out of the Paris climate accord, the agreement forged by close to 200 countries to address climate change. ...
https://www.theguardian.com/business/2017/may/31/exxonmobil-climate-change-cost-shareholders
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