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Maui isn’t the only place with such a problem. According to a Keep Britain Tidy report, over 16,000 cheap polystyrene bodyboards are discarded on UK beaches annually. Photo: Ocean Recovery Project
There are bodyboards that serious boogie boarders use to surf. And then there are the cheaply made bodyboards found in tourist shops. They’re constructed of thin pieces of styrofoam wrapped in a colorful cloth decal with a nylon cord for a wrist-strap, usually sold for $10-15. They’re generally only good for one or two sessions and have become a story at beach destinations across the world, with families on vacation buying one, two, or three at a time, only to have them end up broken in half and stacked next to the beach garbage can by the end of the day.
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Many of the nation’s largest banks announced plans Monday to increase shareholder payouts following stress tests that validated the strong performance of industry balance sheets during the pandemic.
Nine of the 12 largest banking holding companies JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Financial Services Group, Truist Financial and U.S. Bancorp all proposed raising their quarterly dividends payments. No. 15, State Street, did the same.
With stock prices at high levels, share buyback proposals were less common, though PNC, BNY Mellon, Morgan Stanley and Wells Fargo unveiled plans to repurchase their stock or increase their buybacks.
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