Corporate Corruption News Articles

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For the past two weeks, I've been using a new camera to secretly snap photos and record videos of strangers in parks, on trains, inside stores and at restaurants. I was testing the recently released $300 Ray-Ban Meta glasses that Mark Zuckerberg's social networking empire made in collaboration with the iconic eyewear maker. The high-tech glasses include a camera for shooting photos and videos, and an array of speakers and microphones for listening to music and talking on the phone. The glasses, Meta says, can help you "live in the moment" while sharing what you see with the world. Meta, Apple and Magic Leap have all been hyping mixed-reality headsets that use cameras to allow their software to interact with objects in the real world. To inform people that they are being photographed, the Meta Ray-Bans include a tiny LED light embedded in the right frame to indicate when the device is recording. When a photo is snapped, it flashes momentarily. When a video is recording, it is continuously illuminated. As I shot 200 photos and videos with the glasses in public, including on BART trains, on hiking trails and in parks, no one looked at the LED light or confronted me about it. And why would anyone? It would be rude to comment on a stranger's glasses, let alone stare at them. The ubiquity of smartphones, doorbell cameras and dashcams makes it likely that you are being recorded anywhere you go. But Chris Gilliard, an independent privacy scholar who has studied the effects of surveillance technologies, said cameras hidden inside smart glasses would most likely enable bad actors – like the people shooting sneaky photos of others at the gym – to do more harm.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy from reliable major media sources.

A New Zealand man was recently arrested after allegedly illegally accessing COVID-19 vaccine data from the country's health agency. Barry Young, 56, a former IT employee at Te Whatu Ora, the country's health agency, was arrested and accused of illegally obtaining COVID-19 vaccine data and sharing it on the internet. Young appeared on Infowars, where he was interviewed by ... Alex Jones. "I just looked at the data and what I was seeing, since the rollout, it just blew my mind. I was just seeing more and more people dying that shouldn't have been dying. It was just obvious," Young told Jones. The incident comes as COVID-19 vaccine skeptics have continued to question the efficacy of the inoculation. Texas Attorney General Ken Paxton recently announced that he was suing vaccine manufacturer Pfizer "for unlawfully misrepresenting the effectiveness of the company's COVID-19 vaccine and attempting to censor public discussion of the product." During the interview with Infowars, Young explained that he had suspicions about the COVID-19 vaccine in New Zealand since its rollout. "I want people to analyze this, I want people to look at it...we need to open it up and the government needs to have an inquiry about it. Just bring it to the public's attention," Young said.

Note: U.S.-based genomics scientist Kevin McKernan had uploaded Barry Young's data onto a file hosting service, MEGA, only to have his whole account deleted by MEGA overnight. For more along these lines, see concise summaries of deeply revealing news articles on COVID vaccine problems from reliable major media sources.

Nonprofit hospitals have been caught doing some surprising things, given how they are supposed to serve the public good in exchange for being exempt from federal, state and local taxes – exemptions that added up to $28 billion in 2020. Detailed media reports show them hounding poor patients for money, cutting nurse staffing too aggressively and giving preferential treatment to the rich over the poor. Nurses and other workers recently resorted to strikes to improve workplace safety at Kaiser Permanente and the Robert Wood Johnson University Hospital in New Brunswick, N.J. That's not the end of it. Nonprofit executives have embarked on an acquisition spree, assembling huge systems of hospitals and physician practices to raise prices and increase profits. Ample evidence indicates that the growth of these giant systems makes health care less affordable for patients, families and businesses. Calling these hospitals nonprofits can be confusing. It doesn't mean they can't make money. What it means is that they are considered charities by the Internal Revenue Service (as opposed to being owned by investors, like for-profit hospitals). And in return for their tax exemptions, these institutions are supposed to invest the money that would have gone to taxes into their communities by lowering health care costs, providing community health services and free care to those unable to afford it and conducting research.

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Meta's top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram, a company whistleblower told a Senate subcommittee. Meta instead fosters a culture of "see no evil, hear no evil" that overlooks evidence of harm internally while publicly presenting carefully crafted metrics to downplay the issue, said Arturo Bejar, an ex-Facebook engineering director and consultant. Bejar is the latest former insider to level public allegations that the tech giant knowingly turns a blind eye to problems that its policies and technology cannot cheaply or easily address. [Bejar] first became motivated to study the issue because of unwanted sexual advances his own 14-year-old daughter received from strangers on Instagram. "It is unacceptable that a 13-year-old girl gets propositioned on social media," Bejar testified, citing a statistic from his research finding that more than 25% of 13-to-15-year-olds have reported receiving unwanted sexual advances on Instagram. Lawmakers on Tuesday ripped into the social media giant. "They hid from this committee and all of Congress evidence of the harms that they knew was credible," said ... Sen. Richard Blumenthal. Missouri Republican Josh Hawley blasted Big Tech companies for spending "gobs" of money ... to thwart bills that would restrict the industry's power. He also accused Meta of "cooking the books" on data related to mental health harms.

Note: Read how Instagram connects a vast pedophile network. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

Alan Davidson currently leads the National Telecommunications and Information Administration, or NTIA, the agency now crafting recommendations on how federal regulators can hold AI companies accountable. But for years, he worked as Google's chief lobbyist in Washington. NTIA's recommendations will help form the basis of the Biden administration's response to AI and machine learning. "People are warning that there are really serious downsides possible to AI, and I would want a hard-headed regulator to run down those concerns," said Jeff Hauser, the executive director of the Revolving Door Project, a watchdog focused on conflicts of interest in government. "Davidson is not likely, based on his CV, to be detached." Rapid advances in AI present a potential turning point for Silicon Valley's dominant tech firms. Notably, the first company to capture national attention with the launch of a new AI product was not a household name, like Google or Microsoft, but the independent research lab OpenAI, with its splashy launch of ChatGPT. Google reportedly sees the AI products it has in the pipeline as so pivotal to the company's future that Sergey Brin, the Google co-founder lately absorbed with outside projects, has returned to company headquarters to work directly with the team building its flagship AI system. "Google is the biggest player who cares about this issue," [said former Hill aide involved in antitrust policy]. "I cannot imagine Google doesn't view Alan Davidson as an asset to them."

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Six news outlets across Alabama and Florida [have] financial connections to the consulting firm Matrix LLC. The firm, based in Montgomery, Alabama, has boasted clients including Alabama Power and another major U.S. utility, Florida Power & Light. Last year, Florida Power & Light wrote a bill that was passed by the Florida Legislature and that would have gutted the ability of homeowners to make money off solar panels. One state away, Alabama Power runs and owns a coal-fired power plant that is the largest single source of carbon dioxide emissions in the United States. In Alabama and Florida, Matrix sought to ensure much coverage was secretly driven by the priorities of its clients. Payments flowed as the utilities in Florida and Alabama fought efforts to incorporate more clean energy in electric grids – a fight they are still waging. [Floodlight and NPR investigations reveal] a complex web of financial links, in which the six outlets collectively received, at minimum, $900,000 from Matrix, its clients, and associated entities between 2013 and 2020. Matrix shrewdly took advantage of the near collapse of the local newspaper industry and a concurrent plunge in trust in media in propelling its clients' interests. Matrix founder Joe Perkins has long held an interest in the power of the media. As a doctoral student at the University of Alabama, he wrote his thesis about a specific quandary: How can journalists' choice of sources and anecdotes affect public sentiment?

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Foreign investment firms, private equity, pension funds and businesses lodged in tax havens own more than 70% of the water industry in England, according to research by the Guardian. The complex web of ownership is revealed as the public and some politicians increasingly call for the industry to be held to account for sewage dumping, leaks and water shortages. Six water companies are under investigation for potentially illegal activities as pressure grows on the industry to put more money into replacing and restoring crumbling infrastructure to protect both the environment and public health. More than three decades after the sector was sold off with a promise to the public they would become individual small shareholders or "H₂Owners", control of the water industry has become dominated by overseas investment vehicles, the super-rich, companies in tax havens and pension fund investors. The ownership structure is such that transparency and accountability are limited, according to Dr Kate Bayliss ... at Soas University of London. The Qatar Investment Authority is the third largest shareholder in Severn Trent, with a 4.6% holding, while almost 10% is held by the US investment company BlackRock and its subsidiaries. A subsidiary of the Abu Dhabi Investment Authority has a 9.9% stake in Thames Water, while 8.7% is owned by China, the analysis shows. At least 72% of the industry is controlled by firms in 17 countries, while UK firms own 10%. Ownership of 82% of the water industry was traced overall.

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Jaron Lanier, the eminent American computer scientist, composer and artist, is no stranger to skepticism around social media. The web is not a free market of information as originally envisioned. It is a gamed system being rampantly abused. [Lanier] helped create modern ideologies – Web 2.0 futurism, digital utopianism, among them. But Lanier is no longer a fan of how the digital utopia is coming along. He's called it "digital Maoism" and accused tech giants like Facebook and Google of being "spy agencies". In his latest thinking Lanier draws attention to Harvard psychologist BF Skinner's theories of "operant conditioning", or behavior controlled by its consequences, otherwise known as behavior modification. In Skinner's studies, lab rats were subjected alternately to electric shocks and treats to achieve a change in response. On social media, he says, we experience something similar. Approval, disapproval or being ignored, such techniques can be manipulated online as part of what is euphemistically called "engagement" and the creation of addictive patterns for individuals and then – by proxy – eventually whole societies. "As we enter an era where nothing means anything because it's all just about power, intermediation and influence, it's very hard to put ideas out and very easy for them to come across not as intended," he said. "I do believe that our survival depends on modifying the internet – to create a structure that is friendlier to human cognition and to the ways people really are."

Note: This was written by Jaron Lanier, who is widely considered to be the "Father of Virtual Reality." For more along these lines, see concise summaries of deeply revealing news articles on media manipulation from reliable sources.

Pfizer's plan to as much as quadruple U.S. prices for its COVID-19 vaccine next year is beyond Wall Street's expectations and will spur its revenue for years despite weaker than anticipated demand for the new booster shot so far, analysts said. The drugmaker, which developed and sells the vaccine with Germany's BioNTech, said on Thursday evening that it is targeting a range of $110 to $130 a dose for the vaccine once the United States moves to a commercial market next year. Analysts said the move could lead to price hikes by rivals. The companies have varied the pricing during the pandemic, with wealthy countries paying the most for the shots and the poorest countries the least. Wells Fargo analyst Mohit Bansal said the new pricing range for the vaccine could add around $2.5 billion to $3 billion in annual revenue for Pfizer. "This is much higher than our assumption of $50 per shot," Bansal wrote in a research note. Global vaccine access group the People's Vaccine Alliance, which has pushed for Pfizer to allow cheaper copies of the vaccine to be made, called the proposed price hike "daylight robbery." The price range announced by Pfizer represented a more than 10,000% markup over what experts have estimated it costs the vaccine makers to produce the shots.

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.

The main U.S.-based scientific organization at the center of the controversy over the origin of the Covid-19 pandemic has won a new grant from the National Institutes of Health for risky bat coronavirus surveillance research, despite losing a previous award for failing to provide records essential to an investigation into that origin. The grant was awarded September 21 to EcoHealth Alliance, helmed by Peter Daszak, and is titled "Analyzing the potential for future bat coronavirus emergence in Myanmar, Laos, and Vietnam." The new grant comes despite an open congressional investigation into the organization, which has two other ongoing NIH grants and a third in negotiation. The aim of the new research is to identify areas of potential concern for future pandemic emergence in order to help public health authorities suppress an outbreak before it breaks containment. But the process of performing the research introduces the risk of sparking an outbreak that would not otherwise have occurred, a concern highlighted by The Intercept last year: "Virtually every part of the work of outbreak prediction can result in an accidental infection. Even with the best of intentions, scientists can serve as vectors for the viruses they hunt – and as a result, their work may put everyone else's lives on the line along with their own." "It is disturbing that additional funding continues to be awarded for the same high-risk research that may have caused the current pandemic," said [molecular biologist] Richard Ebright.

Note: Watch an excellent interview in which a former EcoHealth Alliance VP turned whistleblower reveals blatant law-breaking and lies committed by Peter Daszak and EcoHealth Alliance. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.

The US's biggest oil companies pumped out record profits over the last few months as Americans struggled to pay for gasoline, food and other basic necessities. On Friday, ExxonMobil reported an unprecedented $17.85bn (Ł14.77bn) profit for the second quarter, nearly four times as much as the same period a year ago, and Chevron made a record $11.62bn (Ł9.61bn). The sky-high profits were announced one day after the UK's Shell shattered its own profit record. The record profits came after similarly outsized gains in the first quarter when the largest oil companies made close to $100bn in profits. High energy prices are one of the leading factors driving inflation to a four-decade high in the US. Gas prices have fallen slightly in recent weeks but are now averaging $4.25 a gallon across the US, more than $1 a gallon higher than a year ago. Soaring energy prices are being baked into delivery costs, which is driving up the cost of everything from apples to toilet paper. In addition to oil company executives, shareholders also reaped the benefits of high energy prices during the quarter. Since the start of 2022, Exxon and Chevron shares have risen close to 46% and 26%, respectively.

Note: A telling analysis shows a 235% profit jump for big oil funded by us at the gas pumps. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the energy industry from reliable major media sources.

Dr. Anthony Fauci, White House Press Secretary Karine Jean-Pierre, other Biden administration officials and five social media companies have 30 days to respond to subpoenas in a lawsuit alleging collusion to suppress freedom of speech. Discovery requests were served to ask for information and documents from ... NIAID, CDC, ... Surgeon General Vivek Murthy, and Nina Jankowicz, who led the DHS Disinformation Governance Board until it was disbanded. Also requested were any communications to any social media platform relating to the "Great Barrington Declaration," [which] was published in response to COVID-19 policies that recommended "focused protection," an approach to reaching herd immunity by allowing those at minimal risk of death to live normal lives by building up immunity through natural infection while protecting those at highest risk. A media release from [Missouri Attorney General Eric] Schmitt ... stated information requested was identifying all communications with any social media platform relating to content modulation and/or misinformation. It requests all communications with Mark Zuckerberg from Jan. 1, 2020, to the present. "In May, Missouri and Louisiana filed a landmark lawsuit against top-ranking Biden Administration officials for allegedly colluding with social media giants to suppress free speech on topics like COVID-19 and election security," Schmitt said. "Earlier this month, a federal court granted our motion for expedited discovery. We will fight to get to the bottom of this alleged collusion and expose the suppression of freedom of speech by social media giants at the behest of top-ranking government officials.”

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Public health initiatives in the United States are suffering from a crisis of trust. Recent polls show that only a third of the public trusts insurance and pharmaceutical companies, while just 56 percent trust the government health agencies that are meant to regulate these industries. Another survey during the COVID-19 pandemic showed that only around half of Americans have a "great deal" of trust in the CDC, while a mere third have such trust in the Department of Health and Human Services. When the mRNA vaccines for COVID-19 were made available to the public free of charge, a national conversation began about "vaccine hesitancy"–the phenomenon of Americans choosing not to be vaccinated even when incentivized and, in some cases, coerced. Americans had watched public health experts lie, misdirect, ignore evidence and yield to professional pressure. Few wanted to be their guinea pigs. Not all the COVID-19 gaslighting was the fault of the media or politicians - much was implemented by experts abusing their apolitical position of trust. The experts ... including Drs. Deborah Birx and Anthony Fauci, insisted on the most asinine and evidence-free preventative measures, including facial coverings, lockdowns and social distancing. Their insulated role as health advisers enabled them to manipulate health policy in ways that benefited only themselves. The most stark example was the corruption of data collection at the Center for Disease Control–a scandal that crashed public trust to a new low.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.

Facebook prohibits gun sales on its service. But buyers and sellers can violate the rule 10 times before they are kicked off the social network, according to internal guidance obtained by The Washington Post. The policy, which has not previously been reported, is much more lenient than for users who post child pornography, which is illegal, or a terrorist image, which prompts immediate removal from the platform. A separate, five-strikes policy extends even to gun sellers and purchasers who actively call for violence. Facebook's gun policies have long been a source of contention among the company's senior leadership and policymaking teams, who have been torn between the platform's support of free speech and public pressure to curtail weapons sales. Gun sellers have seized on loopholes within Facebook's policy. Journalists have repeatedly uncovered strategies sellers use to evade bans while reaching potential customers in dedicated Facebook groups or on Facebook Marketplace, the company's classified services. One tactic is advertising gun accessories, like holsters or cases, which are permitted for sale on the platform; once a customer contacts the seller, a gun can be sold in Facebook's private messages. After responding to several listings for gun cases, a Post reporter received three private messages with offers to purchase a gun. Joel Kaplan, vice president of global public policy ... said that banning transactions of a product that was both legal and highly popular would alienate the political right.

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Some of the nation's largest retailers have been using soaring inflation rates as an excuse to raise prices and rake in billions of dollars in additional profit, a corporate watchdog group charged. The new figures comes as companies enjoy their most profitable year since the 1950s. Pre-tax profits last year soared 25% from 2020, far outpacing the increase in consumer prices. The report highlights an ongoing debate about the causes of inflation, with some consumer advocates arguing that corporations are using inflation as a justification for passing on even higher price hikes to consumers. Accountable.US said it examined the financial statements of the nation's top 10 retailers over the past two years – including Lowe's and Target – and found that they collectively increased their profits by $24.6 million for a grand total of $99 billion. The report notes, among other examples, that Lowe's recorded $8.4 billion in profit in its most recent quarter as it touted its "new pricing strategies." TJX, parent company of TJ Maxx, Marshalls and Home Goods, saw last year's profits soar to $3.3 billion as the CEO spoke about the company's "aggressive" price increases. "It's time corporations finally help shoulder the burden average Americans have taken on throughout the health crisis," [Accountable.US President Kyle] Herrig said. "Corporations can start by stabilizing prices for consumers instead of pursuing even higher profits – on top of finally paying their fair share in taxes."

Note: Just like big Pharma with COVID, the major corporations are profiting hugely from our misery. Here's another revealing report shows major food producing corporations marking up prices while raking in huge profits. You might also explore key excerpts of news articles on corporate corruption from reliable media sources.

The new owner took over the Oyster Creek Nuclear Generating Station in 2019, promising to dismantle one of the nation's oldest nuclear plants at minimal cost and in record time. Then came a series of worrisome accidents. One worker was struck by a 100-ton metal reactor dome. Another was splashed with radioactive water. Another worker drove an excavator into an electrical wire on his first day on the job, knocking out power to 31,000 homes and businesses. All three incidents occurred on the watch of Holtec International. In the nearly three years Holtec has owned Oyster Creek, regulators have documented at least nine violations of federal rules. During the lifetime of America's 133 nuclear reactors, ratepayers paid small fees on their monthly energy bills to fill decommissioning trust funds. Trust funds for the country's 94 operating and 14 nonoperating nuclear reactors now total about $86 billion. After a reactor is dismantled ... some of these trust funds must return any money left over to ratepayers. But others permit cleanup companies to keep any surplus as profit – creating incentives to cut costs at sites that house some of the most dangerous materials on the planet. Even after reactors are shut down, long metal rods containing radioactive pellets – known as spent fuel – are stored steps away, in cooling pools and steel-and-concrete casks. Nuclear safety experts say that an industrial accident or a terrorist attack at any of these sites could result in a radiological release with severe impacts.

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About 20m acres of cropland in the United States may be contaminated from PFAS-tainted sewage sludge that has been used as fertilizer, a new report estimates. PFAS, or per- and polyfluoroalkyl substances, are a class of about 9,000 compounds used to make products heat-, water- or stain-resistant. Known as "forever chemicals" because they don't naturally break down, they have been linked to cancer, thyroid disruption, liver problems, birth defects, immunosuppression and more. Dozens of industries use PFAS in thousands of consumer products, and often discharge the chemicals into the nation's sewer system. The analysis ... is an attempt to understand the scope of cropland contamination stemming from sewage sludge, or biosolids. Regulators don't require sludge to be tested for PFAS or closely track where its spread, and public health advocates warn the practice is poisoning the nation's food supply. Sludge is a byproduct of the wastewater treatment process that's a mix of human excrement and industrial waste, like PFAS, that's discharged from industry's pipes. EPA records show over 19bn pounds of sludge has been used as fertilizer since 2016 in ... 41 states. It's estimated that 60% of the nation's sludge is spread on cropland or other fields annually. The consequences are evident in the only two states to consistently check sludge and farms for PFAS contamination. In Maine, PFAS-tainted fields have already forced several farms to shut down.

Note: Read more about the toxic "forever chemicals" accumulating in our environment. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health from reliable major media sources.

As inflation shot to a new peak in March, cost increases exacted a deep toll on the economy. But for many of the US's largest companies and their shareholders it has been a very different story. A Guardian analysis of top corporations' financials and earnings calls reveals most are enjoying profit increases even as they pass on costs to customers, many of whom are struggling to afford gas, food, clothing, housing and other basics. The analysis of Securities and Exchange Commission filings for 100 US corporations found net profits up by a median of 49%, and in one case by as much as 111,000%. Those increases came as companies saddled customers with higher prices and all but ten executed massive stock buyback programs or bumped dividends to enrich investors. In earnings calls, executives detailed how even as demand and profits rose post-vaccine, they passed on most or all inflationary costs to customers via price increases, and some took the opportunity to add more on top. Margins – the share of sales converted into profits – also improved for the majority of the companies. The Guardian's findings are in line with recent US commerce department data that shows corporate profits rose 35% during the last year and are at their highest level since 1950. Inflation, meanwhile, rose to 8.5% year over year in March. The Guardian's data ... objectively shows a massive "transfer of wealth" from consumers, who pay higher prices, to shareholders and investment firms.

Note: Meanwhile global poverty has skyrocketed. Do the billionaires really care? For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

The nation's biggest oil and gas companies have significantly increased stock buybacks and dividends since Russia invaded Ukraine in late February, raising questions about whether the firms are using wartime profits to enrich investors instead of curbing Americans' pain at the pump. The report released today by Friends of the Earth, Public Citizen and BailoutWatch turns up the heat on the fossil fuel industry ahead of two high-profile congressional hearings this week, when Democrats plan to scrutinize the industry's windfall profits amid rising crude prices sparked by the war in Ukraine. The three groups looked at Securities and Exchange Commission filings and public statements from the 20 largest U.S.-headquartered oil and gas companies. In January and February, seven companies' boards authorized their corporate treasuries to buy back and retire $24.35 billion in stock – a 15 percent increase over all of the buybacks authorized in 2021. Six of those decisions came in February, after fears of Russian aggression against Ukraine lifted stock prices. In total, the 20 companies announced $45.6 billion in stock buybacks since the start of 2021. More than half of the companies boosted their dividends in January and February. Of the 11 companies raising their dividends, nine were increases of more than 15 percent and four were increases of more than 40 percent.

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As Russia perpetrates war crimes against the people of Ukraine, the fossil fuel industries in Colorado and across the country are licking their collective chops and preparing to cash in on the crisis, likely generating yet another round of record profits in adherence to one of the most famous maxims, often attributed to Winston Churchill, "Never let a good crisis go to waste." The price of gasoline is high right now. Big Oil is exploiting the Russian invasion of Ukraine and its effects on the price of gas to run up record profits. At the end of 2021, BP, Exxon Mobil, Shell, and Chevron all reported the highest profits they've seen since 2014, and every single company attributed those record profits to surging oil prices as post-pandemic demand increased and supply had not yet met that demand. Last week, White House Press Secretary Jen Psaki pointed out that U.S. oil companies are sitting on over 9,000 federal drilling permits, claiming that these should be tapped before additional leases are granted. The industry balked, arguing that "developing a lease takes years and substantial effort to determine whether the underlying geology holds commercial quantities of oil and/or gas," undermining their own point while they're making it: if it takes so long to produce oil from a new lease, how on earth would issuing new leases have any discernible effect on gas prices today? When record-high prices coincide with record profits, as they almost always do, it is lunacy to ignore the obvious connection between the two.

Note: Explore an alternative viewpoint on the Ukrainian situation from a respected source. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

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