Tag: finance

Firms now control a significant portion of the rental market in the United States and Canada, raising rents in the service of turning profits. They also continue to receive tax breaks and subsidies. When the US federal government forecloses on homes due to residents’ inability to pay their mortgage, for instance, the homes are then resold to investment firms at big discounts. The corporate landlords then either resell or rent those homes. “With help from the federal government, institutional investors…

The Justice Department has filed a complaint against two laboratory CEOs, one hospital CEO and other individuals and entities, alleging False Claims Act violations based on patient referrals in violation of the Anti-Kickback Statute and the Stark Law, as well as claims otherwise improperly billed to federal healthcare programs for laboratory testing. According to the United States’ complaint, laboratory executives and employees at True Health Diagnostics LLC (THD) and Boston Heart Diagnostics Corporation (BHD) allegedly conspired with small Texas hospitals,…

As the Russian invasion of Ukraine nears its fifth week, it has been shown that cryptocurrencies have helped Ukrainian refugees in more than one way after being forced from their homes. Crypto has made it possible for donations worth tens of millions of dollars to pour into the country while allowing some Ukrainians to take a portion of their life savings with them as they flee across the border. One of them is a 20-year-old man identified by the pseudonym…