Stock buybacks continue to be a robust part of energy companies’ capital-return-to-investors strategy which experts see as a sign of the industry’s maturity and move toward retiring large portions of its market share.
The US hospice system is supposed to provide compassionate end-of-life care. But private equity firms have swallowed up the industry: 7 out of 10 hospice agencies are now for-profit, putting profit maximization over patient well-being.
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Warren Buffett isn t wrong that share repurchases have legit uses, but Joe Biden isn t "economically illiterate" or a "silver-tongued demagogue" for pointing out that there s a problem.