A Saudi-owned company is making a profit off Arizona’s water

A dry irrigation canal runs between two unplanted fields as new home construction adjoins Kelly Anderson’s dormant field in Maricopa, Arizona, Thursday, August 18, 2022. Anderson grows specialty crops for the flower industry and leases land to alfalfa farmers who grow the crop. Feed the cows at a nearby dairy farm. He knows what’s going […]

American Express profit rises, but it sets aside more money for possible defaults

by Michelle Chapman American Express posted higher profits and sales in the second quarter, as well as increased credit card usage, but its stock fell before the market opened as it secured more cash for possible payment defaults. Analysts surveyed by Zacks Investment Research said the card issuers made $2.17 billion in profits, or $2.89 […]

FDA Quietly Allows Pharma Firm To Profit Off Life-Saving Diabetes Treatment Right After GOP Proposal To Expand Access

Just after a group of Republican senators proposed legislation to change regulatory practices and expand access to treatment, the Food and Drug Administration quietly allowed drug companies to profit from life-saving diabetes treatments. bottom. FDA on June 28, Celltrans Co., Ltd.a pharmaceutical company specializing in cell therapy, approval It markets Lantidra, an islet cell therapy […]

Wall Street Dives into Western Water Scarcity for Profit – GV Wire

The small town of Cibola in Arizona’s Sonoran Desert is facing land and water disputes as East Coast investment firms, including MassMutual subsidiary Greenstone Management Partners, purchase land in the area. . Critics claim these companies are exploiting Cibola’s limited water resources for profit. This is especially true during times of extreme drought and the […]