Discover and read the best of Twitter Threads about #Stockbuybacks

Most recents (6)

May 5th 2023
Call me a conspiratorialist, but when CEOs brag on earnings callsabout how covid, war, and #inflation scare-stories them hike prices and rake in never-before-seen margins, I think it's reasonable to blame inflation on greed, not on workers getting a couple of covid checks.

1/ A vintage postcard illustra...
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pluralistic.net/2023/05/05/wmd…

2/
Amazingly, this is controversial! For more than a year, Very Serious People dismissed the #greedflation hypothesis - that CEOs aren't lying when they boast about using pretexts to hike prices - is a conspiracy theory used to dupe people who Just Don't Understand Economics.

3/
Read 47 tweets
May 4th 2023
#Bitcoin set to soar with projected target of $36,000 as technical breakout signals strong #rally amidst positive market outlook fueled by #stockbuybacks and #memecoins

🧵👇
Sub to our TG for the latest: t.me/matrixportupda… Image
1/10: #Bitcoin prices could be set to surge as the #cryptocurrency #trades within a narrowing triangle that is about to break to the upside, potentially projecting a move higher by around 6,100 points.
2/10: A #breakout could lead to a 20% increase from current prices, setting a target of $35,000/$36,000 for #Bitcoin (#BTC). Image
Read 12 tweets
Feb 11th 2023
When a #FreightTrain carrying toxic chemicals derailed near #EastPalestine, #Ohio, bursting into flame and sending up clouds of poisonous vinyl chloride smoke and gas, our immediate concerns were for the people in harm's way and the train's crew:

nytimes.com/2023/02/04/us/… 1/ A locomotive steaming away ...
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/02/11/din… 2/
Those immediate concerns were soon joined by broader worries: that the entire rail industry presented a systematic danger, and the Ohio #derailment was a symptom of a much deeper pathology that endangered anyone who lives near one of the rail corridors that crisscross the US. 3/
Read 31 tweets
Jan 10th 2023
Christmas's apocalyptic airline meltdown stranded thousands, ruining vacations and costing fliers a fortune. It wasn't just #SouthwestAirlines' meltdown - as stranded fliers sought alternatives, airlines like #AA raised the price of some domestic coach tickets over $10K. 1/ A vector drawing of a man slumped at a desk with his face on
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2023/01/10/the… 2/
This didn't come out of nowhere. Southwest's growth strategy has seen the airlines add more planes and routes without a comparable investment in back-end systems, including crew scheduling systems. 3/
Read 40 tweets
Apr 21st 2022
🚨 Thrilled to release w/ @kathrynsbach & @StatelerLaura new @BrookingsMetro report -our most ambitious yet:

"Profits & the Pandemic: As shareholder wealth soared, workers were left behind"

We assess 22 leading companies during the pandemic.

A 🧵 1/

brookings.edu/research/profi…
.@kathrynsbach @StatelerLaura & I ask: did the biggest corporations live up to their commitments & pandemic moment to finally adopt a more inclusive model?

Did workers -- and not just shareholders -- benefit from gains? Were losses shared equitably? Do companies pay fairly? 2/ Image
We find that nearly all of the companies fell short of their commitments.

Overwhelmingly, financial gains benefitted (already wealthy) shareholders and execs...

..while frontline workers experienced greatest losses and shared minimally in gains.

Here are our key findings:

3/
Read 25 tweets

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