Breaking Business News | Breaking business news AM | Breaking Business News PM

Key Words: S&P 500 companies spent $7 trillion on buybacks and dividends and ‘been rewarded’ by coronavirus bailouts, says Social Capital CEO

22 Apr 2020

Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued during an interview on CNBC’s “Fast Money Halftime Report” that stock repurchases by corporations are a bad use of funds and have left companies vulnerable to this current COVID-19 crisis.


Read the full article here.
This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

Covid-19 – Johns Hopkins University

Download brochure

Introduction brochure

What we do, case studies and profiles of some of our amazing team.

Download