A original Jersey law makes it easier for cities to sell off municipal assets,setting a hazardous standard at a time when citizens face threats to water suppliesLast year was a disappointing year for many investors but over at American Water Works, shareholders were celebrating. They scored a 13.5% profit final year, or acquire continued to swim against the market tide so far in 2016.
Great news if you happen to be a shareholder in the company. Not so much,perhaps, if you happen to believe that the business of providing water to our houses shouldn’t be about maximizing profits.
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Source: theguardian.com