Stock Buybacks Are Just Another Way for Insiders to Make Money
Looking for news you can trust?Subscribe to our free newsletters. Via Vox, here’s a recent speech from SEC commissioner Robert Jackson. Jackson and his team took a look at the behavior of corporate insiders after they had announced a stock buyback: We dove into the data, studying 385 buybacks over the last fifteen months….First, we…
The Trump Administration Just Launched a “Brazen Attack” on Clean Air Standards
The demands showed a marked shift from 2012, when automakers, two of which had just received massive taxpayer-funded federal bailouts, agreed to increase standards after months of negotiations with federal and California regulators. But by 2016, fuel prices had fallen from a record high national average of $3.60 per gallon four years earlier, and Americans…
No, Ivanka Trump Did Not Break With Her Dad’s Family Separation Policy
Liu Jie/ZUMA Looking for news you can trust?Subscribe to our free newsletters. Following months of tension and creating frustration both in the White House and the media, Ivanka Trump has signaled she is ready to return to the public stage as first daughter and senior adviser to the president. But her most recent attempt to step back into the…
Obamacare Is Now Stable and Providing Millions With Health Coverage
Looking for news you can trust?Subscribe to our free newsletters. From the Wall Street Journal: After years of big rate increases on Affordable Care Act plans, insurers in many states are seeking smaller hikes and even some reductions, according to new federal data that provide the broadest view so far of next year’s health-law markets.…
Scientists Just Announced a Terrifying New Heat Record
Vallauri Nicolas/Maxppp via ZUMA Press Looking for news you can trust?Subscribe to our free newsletters. This story was originally published by the Guardian. It appears here as part of the Climate Desk collaboration. Last year was the warmest ever recorded on Earth that didn’t feature an El Niño, a periodic climatic event that warms the Pacific Ocean, according to…
Trump Set a Record-Low Refugee Cap. Now He May Cut It in Half.
Syrian refugees wait to register at an employment office at a refugee camp in Jordan.Raad Adayleh/AP Looking for news you can trust?Subscribe to our free newsletters. Last year, President Donald Trump cut the annual cap on the number of refugees allowed into the United States to the lowest level on record. This year’s 45,000-person limit…