…Apple, for instance, has spent billions of dollars buying its own stock while also using low-wage workers to assemble its products, working hard to avoid taxes and tariffs, and continually raising the prices on its devices. “Apple could have gone and…

…”Several U.S. tech companies now lobbying for the CHIPS Act have squandered past support from the U.S. government while instead showing more appetite for share buybacks to boost company stock prices. Among the Semiconductor Industry Association (SIA) corporate signatories of…

…”William Lazonick, president of the Academic-Industry Research Network and a professor emeritus of economics at the University of Massachusetts, said that buybacks were being fueled by public spending to the extent that “profits are being generated by the fact that…

…And then there’s Apple, with the biggest share repurchase program of all, and a customer of Taiwan Semiconductor Manufacturing Company, which has started construction on a $12 billion plant in Arizona. “Apple is spending six times that in one year…

In 2021, companies will spend more on buying their own shares than ever before. That drives stock prices – but lets the debts rise. [Click HERE to read more]

…Still, the shortages raise questions about whether some companies have been too aggressive in harvesting savings by slashing inventory, leaving them unprepared for whatever trouble inevitably emerges. “It’s the investments that they don’t make,” said William Lazonick, an economist at…