Blackvegetable » 21 minutes ago » wrote: ↑
Corporate America’s Real Worries About Trump Are Buried in Annual Reports
https://www.bloomberg.com/news/articles ... te-reports
Companies are telling their investors how President Donald Trump’s plan to radically remake the US government poses new risks to their businesses.
In recent weeks, Chipotle Mexican Grill Inc. warned about potential tariffs on avocados and limes. Johnson & Johnson sees a risk that Food and Drug Administration cuts will slow down medicine approvals. And American Airlines Group Inc. alerted shareholders to possible additional charges for aircraft and parts from outside the US.
Many of these disclosures are being tucked quietly into already lengthy “risk factor” language in annual regulatory filings, at odds with the upbeat tone some executives take publicly when describing their work with the White House.
Why are they including Bubble Boy as a Risk Factor in their filings, along with plague and locusts?
Lest they get sued for failing to prudently manage it...
Nice job, Morans...
Thank you?
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