Monday, October 5, 2026

Tag: Stock Buybacks

Low-wage S&P 500 companies spent $718 billion on stock buybacks since...

The same 100 corporations pay their median workers 614 times less than their CEOs and lobbied for cuts to the food and health aid those workers rely on

Big Oil cashes in on Iran war as drivers face soaring...

While Americans confront the highest fuel prices in years after the U.S.-Israel war on Iran disrupted global oil markets, fossil fuel giants are reporting surging profits, expanding stock buybacks, and prioritizing shareholder payouts over increased production.

Trump tax cuts helped health giants dodge billions while patients faced...

New report finds seven major healthcare corporations avoided over $34 billion in taxes since 2017 while boosting buybacks, dividends, and executive pay as claim denials and patient safety issues escalated.

Expert reveals trillions spent on stock buybacks post-Trump tax cuts

It resulted in significant corporate stock buybacks rather than investments in workers or innovation.

POPULAR

The Oregon State Capitol in Salem. Photo: M.O. Stevens (public domain, via Wikimedia Commons)

Midterms Have Revived Universal Healthcare Debate. These States Are Ahead of Everyone.

While Democratic congressional candidates are floating the restoration of federal Affordable Care Act subsidies and Medicaid funding, Oregon officials are crafting a more ambitious plan to implement universal coverage in their state.
An Amazon warehouse in Garner, North Carolina, not the Rock Tavern facility. Photo: Indy beetle (public domain, via Wikimedia Commons)

Amazon warehouse workers in Rock Tavern strike over conveyor speeds and ignored safety complaints

Teamsters say managers deleted safety posts from Amazon's internal feedback board; Amazon says the picket was an illegal attempt to intimidate workers.
The Frances Perkins Building, headquarters of the U.S. Department of Labor in Washington. Photo: AgnosticPreachersKid / CC BY-SA 3.0, via Wikimedia Commons

Senate confirms Keith Sonderling as labor secretary, 47-41

The vote fell along party lines after a hearing in which Democrats questioned him over a rolled-back overtime rule; the seat had been empty since April.

The dark side of ecotourism: When green travel exploits people and the planet

As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.
A hospital emergency room in Minneapolis. Photo: Tony Webster / CC BY-SA 2.0

More than 10 million Americans have lost health coverage under Trump, new analysis finds

Enrollment losses are falling hardest on children, with Medicaid and CHIP coverage for kids down 2 million even as the biggest cuts in this year's tax and spending law have yet to fully take effect.