Corporate Corruption News ArticlesExcerpts of key news articles on
Below are key excerpts of revealing news articles on corporate corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.
Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.
New rules require drugmakers to be clearer and more direct when explaining their medications' risks and side effects. The [new] guidelines ... are designed to do away with industry practices that downplay or distract viewers from risk information. But while regulators were drafting them, a new trend emerged: Thousands of pharma influencers pushing drugs online with little oversight. A new bill in Congress would compel the FDA to more aggressively police such promotions on social media platforms. "Some people become very attached to social media influencers and ascribe to them credibility that, in some cases, they don't deserve," said Tony Cox ... at Indiana University. Still, TV remains the industry's primary advertising format, with over $4 billion spent in the past year. Even so, many companies are looking beyond TV and expanding into social media. They often partner with patient influencers who post about managing their conditions, new treatments or navigating the health system. Advertising executives say companies like the format because it's cheaper than TV and consumers generally feel influencers are more trustworthy than companies. "The power of social media and the deluge of misleading promotions has meant too many young people are receiving medical advice from influencers instead of their health care professional," Sens. Dick Durbin of Illinois and Mike Braun of Indiana wrote the FDA in a February letter.
Note: Prescription drug advertising is only legal in the US and New Zealand. Read more about the influencers who are paid to promote pharmaceuticals on social media. For more along these lines, read our concise summaries of news articles on Big Pharma profiteering and media manipulation.
A former director at the tobacco giant Philip Morris International (PMI) was handed a role on an influential expert committee advising the UK government on cancer risks. Ruth Dempsey, the ex-director of scientific and regulatory affairs, spent 28 years at PMI before being appointed to the UK Committee on Carcinogenicity of Chemicals in Food, Consumer Products and the Environment (CoC). The committee's role is to provide ministers with independent advice. Yet since taking up the position in February 2020, Dempsey has continued to be paid by PMI for work including authoring a sponsored paper about regulatory strategies for heated tobacco products. She also owns shares in the tobacco giant ... and receives a PMI pension. But her appointment, unreported until now, raises questions about the potential for undue influence and possible access to inside information on policy and regulatory matters that may be valuable to the tobacco industry. PMI has a long history of lobbying and influence campaigns, including pushing against planned crackdowns on vaping. It has also invested heavily in promoting heated tobacco as an alternative to smoking and expects to ship around 140bn heated tobacco units in 2024, a 134% increase on its 59.7bn sales in 2019. Sophie Braznell, who monitors heated tobacco products as part of the University of Bath's Tobacco Control Research Group, said Dempsey's position on the committee risked undermining its work. "In permitting a former senior tobacco employee and consultant for the world's largest tobacco company to join this advisory committee, we jeopardise its objectivity and integrity."
Note: For more along these lines, see concise summaries of deeply revealing news articles on health and government corruption from reliable major media sources.
Once upon a time, you could have yourself a nice little Saturday of stocking up at Costco (using your sister's membership card, naturally), before hitting up a museum (free admission with your 15-year-old expired student ID) or settling into a reality TV binge sesh (streaming on your college roommate's ex-boyfriend's Netflix login). Thanks to the fine-tuning of the tech that Corporate America uses to police subscriptions, those freeloading days are over. Costco and Disney this month took a page from the Netflix playbook and announced they are cracking down on account sharers. Want to put on "Frozen" for the kids so you can have two hours to do literally anything else? You're going to need a Disney+ login associated with your household. The tech that tracks your IP address and can read your face has gotten more sophisticated. Retailers and streaming services are increasingly turning to status-verification tech that make it harder for folks to claim student discounts on services like Amazon Prime or Spotify beyond graduation. Cracking down on sharing was hugely successful for Netflix. For years, the streaming giant turned a blind eye to password sharing because doing so allowed more people to experience the product and, crucially, come to rely on it. Netflix kept growing and growing until 2022, when [it] cashed in on its brand loyalty, betting that it had made itself indispensable to enough viewers that they'd be willing to cough up $7-$15 a month to keep their access.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
On July 16, the S&P 500 index, one of the most widely cited benchmarks in American capitalism, reached its highest-ever market value: $47 trillion. 1.4 percent of those companies were worth more than $16 trillion, the greatest concentration of capital in the smallest number of companies in the history of the U.S. stock market. The names are familiar: Microsoft, Apple, Amazon, Nvidia, Meta, Alphabet, and Tesla. All of them, too, have made giant bets on artificial intelligence. For all their similarities, these trillion-dollar-plus companies have been grouped together under a single banner: the Magnificent Seven. In the past month, though, these giants of the U.S. economy have been faltering. A recent rout led to a collapse of $2.6 trillion in their market value. Earlier this year, Goldman Sachs issued a deeply skeptical report on the industry, calling it too expensive, too clunky, and just simply not as useful as it has been chalked up to be. "There's not a single thing that this is being used for that's cost-effective at this point," Jim Covello, an influential Goldman analyst, said on a company podcast. AI is not going away, and it will surely become more sophisticated. This explains why, even with the tempering of the AI-investment thesis, these companies are still absolutely massive. When you talk with Silicon Valley CEOs, they love to roll their eyes at their East Coast skeptics. Banks, especially, are too cautious, too concerned with short-term goals, too myopic to imagine another world.
Note: For more along these lines, see concise summaries of deeply revealing news articles on AI and corporate corruption from reliable major media sources.
Real estate companies are making an explicit appeal to wartime patriotism, leading with the conflict as a selling point and a reason to invest. In late June, a company called My Israel Home hosted an expo at a Los Angeles synagogue catering to a specific clientele: Jewish Americans looking to buy a new home in Israel – or on illegal Israeli settlements in the occupied West Bank. Similar real estate fairs have popped up across North America this year ... and several have faced protests as the war on Gaza has brought the issue of Israeli settlements and Palestinian sovereignty to the fore. On websites largely tailored for Jewish American buyers looking to move to Israel, prospective homeowners can browse properties that include listings for homes in settlement communities, which offer the typical trappings of suburban life. Around a dozen real estate firms have participated in real estate fairs organized by My Israel Home across North America this year. Six of these firms are actively marketing at least two dozen separate properties for sale located within eight different West Bank and East Jerusalem settlements, according to their online listings. Other real estate firms commonly list dozens of West Bank properties on their sites. West Bank settlements have long drawn criticism from the international community, which regards the settlements as illegal, in violation of Article 49 of the Geneva Conventions. Criticism of settlements have only intensified in recent months amid a spike in settler violence against Palestinians in the occupied territory.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world from reliable major media sources.
The tobacco company Philip Morris International has been accused of "manipulating science for profit" through funding research and advocacy work with scientists. Campaigners say that leaked documents from PMI and its Japanese affiliate also reveal plans to target politicians, doctors and the 2020 Tokyo Olympics as part of the multinational's marketing strategy to attract non-smokers to its heated tobacco product, IQOS. A paper from researchers at the Tobacco Control Research Group at the University of Bath said that Philip Morris Japan (PMJ), funded a Kyoto University study into smoking cessation via a third-party research organisation. The researchers said they could find no public record of PMJ's involvement, although a PMI spokesperson said its involvement had been attributed when the results were presented at a scientific conference in Greece in 2021. PMJ paid about Ł20,000 a month to FTI-Innovations, a life sciences consultancy run by a Tokyo University professor, for tasks such as promoting PMI's science and products at academic events. In one internal email, a PMJ employee claimed they had been told "to keep it a secret". Dr Sophie Braznell, one of [the paper's] authors, said: "The manipulation of science for profit harms us all, especially policymakers and consumers. It slows down and undermines public health policies, while encouraging the widespread use of harmful products."
Note: For more along these lines, see concise summaries of deeply revealing news articles on health and science corruption from reliable major media sources.
Research from the Center for International Environmental Law (CIEL) details the widespread burdens that plastic pollution places on US cities and states, and argues that plastic producers may be breaking public-nuisance, product-liability and consumer-protection laws. It comes as cities such as Baltimore have begun to file claims against plastic manufacturers, but the authors write that existing cases "are likely only the beginning, as more states and municipalities grapple with the challenges of accumulating plastic waste and microplastics contamination." Taxpayers foot the bill to clean plastic pollution from streets and waterways, and research shows people could ingest the equivalent of one credit card's worth of plastic per week. From 1950 to 2000, global plastic production soared from 2m tons to 234m tons annually. And over the next 20 years, production more than doubled to 460m tons in 2019. As the public grew concerned about plastic pollution, the industry responded with "sophisticated marketing campaigns" to shift blame from producers to consumers – for instance, by popularizing the term litterbug. Plastic has clogged sewer grates, leading to increased flooding. It has also exposed populations to microplastics. The report outlines different legal theories that could help governments pursue accountability. Nuisance could account for the harms themselves ... and consumer-protection law could be used to combat deceitful marketing practices.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and toxic chemicals from reliable major media sources.
Facebook's inscrutable feed algorithm, which is supposed to calculate which content is most likely to appeal to me and then send it my way ... feels like an obstacle to how I'd like to connect with my friends. British software developer Louis Barclay developed a software ... known as an extension, which can be installed in a Chrome web browser. Christened Unfollow Everything, it would automate the process of unfollowing each of my 1,800 friends, a task that manually would take hours. The result is that I would be able to experience Facebook as it once was, when it contained profiles of my friends, but without the endless updates, photos, videos and the like that Facebook's algorithm generates. If tools like Unfollow Everything were allowed to flourish, and we could have better control over what we see on social media, these tools might create a more civic-minded internet. Unfortunately, Mr. Barclay was forced by Facebook to remove the software. Large social media platforms appear to be increasingly resistant to third-party tools that give users more command over their experiences. After talking with Mr. Barclay, I decided to develop a new version of Unfollow Everything. I – and the lawyers at the Knight First Amendment Institute at Columbia – asked a federal court in California last week to rule on whether users should have a right to use tools like Unfollow Everything that give them increased power over how they use social networks, particularly over algorithms that have been engineered to keep users scrolling on their sites.
Note: The above was written by Ethan Zuckerman, associate professor of public policy and director of the UMass Initiative for Digital Public Infrastructure at the University of Massachusetts Amherst. For more along these lines, explore concise summaries of news articles on Big Tech from reliable major media sources.
Emotion artificial intelligence uses biological signals such as vocal tone, facial expressions and data from wearable devices as well as text and how people use their computers, promising to detect and predict how someone is feeling. Over 50% of large employers in the U.S. use emotion AI aiming to infer employees' internal states, a practice that grew during the COVID-19 pandemic. For example, call centers monitor what their operators say and their tone of voice. We wondered what workers think about these technologies. My collaborators Shanley Corvite, Kat Roemmich, Tillie Ilana Rosenberg and I conducted a survey. 51% of participants expressed concerns about privacy, 36% noted the potential for incorrect inferences employers would accept at face value, and 33% expressed concern that emotion AI-generated inferences could be used to make unjust employment decisions. Despite emotion AI's claimed goals to infer and improve workers' well-being in the workplace, its use can lead to the opposite effect: well-being diminished due to a loss of privacy. On concerns that emotional surveillance could jeopardize their job, a participant with a diagnosed mental health condition said: "They could decide that I am no longer a good fit at work and fire me. Decide I'm not capable enough and not give a raise, or think I'm not working enough." Participants ... said they were afraid of the dynamic they would have with employers if emotion AI were integrated into their workplace.
Note: The above article was written by Nazanin Andalibi at the University of Michigan. 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.
The Los Angeles County coastline is renowned for its stunning views and famous beaches. But move into deeper waters and another legacy comes into view: industrial waste dumped on a scale we're just beginning to understand. Using a deep-sea robot, UC Santa Barbara scientists discovered an eerie graveyard of leaking barrels in 2020, spread out on the seafloor near Santa Catalina Island. DDT, a powerful pesticide that was banned 50 years ago, was found in high concentrations near the barrels, leading scientists to suspect they were full of it. (Scientists later discovered that companies didn't even bother putting DDT in barrels – they dumped it directly into the sea.) The barrels may actually contain low-level radioactive waste. "From the 1940s through the 1960s, it was not uncommon for local hospitals, labs and other industrial operations to dispose barrels of tritium, carbon-14 and other low-level radioactive waste at sea," [Rosanna Xia] reported. That was a key finding in a new study. Researchers found clues while reviewing hundreds of pages of records, which indicated that a company tasked with pouring the DDT waste off the L.A. coast had also dumped low-level radioactive waste. The radioactive waste sitting down there is unequivocally terrible, but the "concerning concentrations" of DDT in the deep ocean are worse. Researchers have found high levels of DDT across an area of seafloor larger than the entire city of San Francisco.
Note: For more along these lines, see concise summaries of deeply revealing news articles on toxic chemicals from reliable major media sources.
Erik Prince has been many things in his 54 years on Earth: the wealthy heir to an auto supply company; a Navy SEAL; the founder of the mercenary firm Blackwater, which conducted a notorious 2007 massacre in the middle of Baghdad. Last November, Prince started a podcast called "Off Leash," which in its promotional copy says he "brings a unique and invaluable perspective to today's increasingly volatile world." On an episode last Tuesday, [he said] that the U.S. should "put the imperial hat back on" and take over and directly run huge swaths of the globe. Here's are Prince's exact words: "If so many of these countries around the world are incapable of governing themselves, it's time for us to just put the imperial hat back on, to say, we're going to govern those countries ... 'cause enough is enough, we're done being invaded. You can say that about pretty much all of Africa, they're incapable of governing themselves." Prince's co-host Mark Serrano then warned him that listeners might hear his words and believe he means them: "People on the left are going to watch this," said Serrano, "and they're going to say, wait a minute, Erik Prince is talking about being a colonialist again." Prince responded: "Absolutely, yes." He then added that he thought this was a great concept not just for Africa but also for Latin America. Previous bouts of the European flavor of colonialism led to the deaths of tens of millions of people around the world.
Note: Erik Prince's Blackwater served as a "virtual extension of the CIA." Learn more about how war is a tool for hidden agendas in our comprehensive Military-Intelligence Corruption Information Center.
Our new report for the Groundwork Collaborative finds that corporate profits accounted for more than half – 53 percent – of inflation from April to September 2023. That's an astronomical percentage. Corporate profits drove just 11 percent of price growth in the four decades prior to the pandemic. Businesses have been quick to blame rising costs on supply chain shocks from the pandemic and the war in Ukraine. But two years later, our economy has mostly returned to normal. In some cases, companies' costs to make things and stock shelves have actually decreased. A recent survey from the Richmond Fed and Duke University revealed that 60 percent of companies plan to hike prices this year by more than they did before the pandemic, even though their costs have moderated. Corporations across industries, from housing to groceries and used cars, are juicing their profit margins even as the cost of doing business goes down. Since the summer of 2021, Groundwork began listening in on hundreds of corporate earnings calls where we heard CEO after CEO boasting about their ability to raise prices on consumers. Now we hear something slightly different: CEOs crowing about keeping their prices high while their costs go down. PepsiCo raised its prices on snacks and beverages by roughly 15 percent twice in the last year while bragging to shareholders that their profit margins will grow as input costs come down.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
Last year, the US Commission on National Defense Strategy published its final report, creating intense buzz in Washington. "The threats the United States faces are the most serious and most challenging the nation has encountered since 1945," the report warned. To meet the challenge, "the US government needs to harness all elements of national power," starting with a 5% boost to the Pentagon budget, currently at $886 billion. Congress created the bipartisan commission as "an independent body." Yet some of the members of the commission are connected to think tanks and the defence contractors that fund them: from Boeing to General Electric, Northrop Grumman to Lockheed Martin. If taxpayers go along with the military buildup advocated by the report, these and other firms stand to profit handsomely. The Atlantic Council recently published its own nuclear report, which called for boosting funding for missile-defense technologies. The Atlantic Council has received at least $10 million from major Pentagon contractors that manufacture nuclear weapons and missile-defense systems. There are so many reports paid for by vested interests, commissions on which they sit, and governments getting their piece, it's hard to keep track. Consider Michèle Flournoy, a former Pentagon official who founded the Center for New American Security and sits on its board. CNAS published a report in September titled "Integration for Innovation" as part of its "defense technology task force." Executives from RTX (which contributed at least $450,000 to CNAS), Lockheed Martin ($600,000), Palantir ($175,000), Leidos ($300,000), and Booz Allen ($250,000) all directly contributed as members of the task force, even as they benefit from every single proposal in it.
Note: Learn more about arms industry corruption in our comprehensive Military-Intelligence Corruption Information Center. For more, read our concise summaries of news articles on military corruption.
It wasn't so long ago that the traditional film and television business was thriving. The Big Six media conglomerates–General Electric, Time Warner, Sony, Disney, News Corporation, and Viacom–ruled the industry. But the double whammy of streaming and the pandemic toppled the old-media oligopoly. So most of the legacy media giants now are struggling simply to survive, while a new breed of digital-age behemoths, led by Amazon and Apple, gauge their film and television prospects, and Disney and Netflix lead the way into an uncharted online landscape. The failure of the conglomerates to adapt is none too surprising. Spurred by Reagan-era economic policies and the FCC's deregulation campaign, the media industries converged in a series of M&A waves that began in the 1980s with the News Corp–Fox, Time-Warner, and Sony-Columbia mergers and culminated in the acquisition of Universal by GE, NBC's owner, and the launch of NBC Universal in 2004. At that point, the Big Six owned all the major film studios, all the broadcast networks, and most of the top cable networks. They dominated other media industries as well, but their key assets were their film and television holdings. The Disney+ launch was a tipping point in the streaming era, prompting the ramp-up of Warner's HBO Max, NBCU's Peacock and ViacomCBS's Paramount+. It also came just before the outbreak of Covid-19, which accelerated the global move to streaming.
Note: For more along these lines, see concise summaries of deeply revealing news articles on censorship and media corruption from reliable sources.
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.
Note: For more along these lines, see concise summaries of deeply revealing news articles on health and corporate corruption from reliable major media sources.
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."
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world from reliable major media sources.
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?
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and media manipulation from reliable sources.
Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.