Corporate Corruption News Articles

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Carbon credit speculators could lose billions as scientific evidence shows many offsets they have bought have no environmental worth and have become stranded assets. Amid growing evidence that huge numbers of carbon credits do nothing to mitigate global heating and can sometimes be linked to alleged human rights concerns, there is a growing pile of carbon credits ... that are unused in the unregulated voluntary market, according to market analysis. Many of the largest companies in the world have used carbon credits for their sustainability efforts from the unregulated voluntary market, which grew to $2bn (Ł1.6bn) in size in 2021 and saw prices for many carbon credits rise above $20 per offset. The credits are often generated on the basis they are contributing to climate change mitigation such as stopping tropical deforestation, tree planting and creating renewable energy projects. A new study in the journal Science has found that millions of forest carbon credits approved by Verra, the world's leading certifier, are largely worthless and could make global heating worse if used for offsetting. The analysis ... found that 18 big forest offsetting projects had produced millions of carbon credits based on calculations that greatly inflated their conservation impact. The schemes, which generate credits by avoiding hypothetical deforestation, were found not to reduce forest loss or to reduce it by only small amounts, far less than the huge areas they were claiming to protect, rendering the credits largely hot air.

Note: For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption and climate change from reliable major media sources.

On at least four occasions since 2019, Elon Musk has predicted that his medical device company, Neuralink, would soon start human trials of a revolutionary brain implant to treat intractable conditions such as paralysis and blindness. Yet the company, founded in 2016, didn't seek permission from the U.S. Food and Drug Administration (FDA) until early 2022 – and the agency rejected the application. Musk has detailed a bold vision for Neuralink: Both disabled and healthy people will pop into neighborhood facilities for speedy surgical insertions of devices with functions ranging from curing obesity, autism, depression or schizophrenia to web-surfing and telepathy. Musk also has said Neuralink would restore full mobility to paralyzed patients. Reuters exclusively reported late last year that the federal government was investigating the company's treatment of its research animals. The probe was launched amid growing employee concern that the company is rushing experiments, causing additional suffering and deaths of pigs, sheep and monkeys. Musk's company ... trails at least one direct rival in the race for FDA approval. Synchron, a competitor making a BCI implant, has won the agency's blessing for human trials. The company first tested its device on four patients in Australia who successfully sent text messages with their minds. Synchron recently raised $75 million, including from funds backed by tech billionaires Bill Gates and Jeff Bezos.

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

The world is spending at least $1.8tn (Ł1.3tn) every year on subsidies driving the annihilation of wildlife and a rise in global heating, according to a new study, prompting warnings that humanity is financing its own extinction. From tax breaks for beef production in the Amazon to financial support for unsustainable groundwater pumping in the Middle East, billions of pounds of government spending and other subsidies are harming the environment, says the first cross-sector assessment for more than a decade. This government support, equivalent to 2% of global GDP, is directly working against the goals of the Paris agreement and draft targets on reversing biodiversity loss, the research on explicit subsidies found, effectively financing water pollution, land subsidence and deforestation with state money. The fossil fuel industry ($620bn), the agricultural sector ($520bn), water ($320bn) and forestry ($155bn) account for the majority of the $1.8tn, according to the report. No estimate for mining, believed to cause billions of dollars of damage to ecosystems every year, could be derived. Lack of transparency between governments and recipients means the true figure is likely to be much higher, as is the implicit cost of harmful subsidies. Last year, an International Monetary Fund report found the fossil fuel industry benefited from subsidies worth $5.9tn in 2020.

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

Members of the Sackler family who are at the center of the nation's deadly opioid crisis have won sweeping immunity from opioid lawsuits linked to their privately owned company Purdue Pharma and its OxyContin medication. Federal Judge Robert Drain approved a bankruptcy settlement on Wednesday that grants the Sacklers "global peace" from any liability for the opioid epidemic. "This is a bitter result," Drain said. "I believe that at least some of the Sackler parties have liability for those [opioid OxyContin] claims. ... I would have expected a higher settlement." The complex bankruptcy plan ... grants "releases" from liability for harm caused by OxyContin and other opioids to the Sacklers, hundreds of their associates, as well as their remaining empire of companies and trusts. In return, they have agreed to pay roughly $4.3 billion, while also forfeiting ownership of Purdue Pharma. The Sacklers, who admit no wrongdoing and who by their own reckoning earned more than $10 billion from opioid sales, will remain one of the wealthiest families in the world. Critics of this bankruptcy settlement, meanwhile, said they would challenge Drain's confirmation because of the liability releases for the Sacklers. "This order is insulting to victims of the opioid epidemic who had no voice in these proceedings," said Washington state Attorney General Bob Ferguson. The Department of Justice urged Drain to reject the settlement. Attorneys general for nine states and the District of Columbia also opposed the plan.

Note: Purdue Pharma spent $1.2 million on lobbying just before making this deal. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

40 years ago, a worn-out white Gulfstream II jet descended over Fort Lauderdale, Fla., carrying a regal but sickly passenger almost no one was expecting. Aboard were a Republican political operative, a retinue of Iranian military officers ... and Mohammed Reza Pahlavi, the newly deposed shah of Iran. The only one waiting to receive the deposed monarch was a senior executive of Chase Manhattan Bank, which had not only lobbied the White House to admit the former shah but had arranged visas for his entourage. Less than two weeks later, on Nov. 4, 1979, vowing revenge for the admission of the shah to the United States, revolutionary Iranian students seized the American Embassy in Tehran and then held more than 50 Americans — and Washington — hostage for 444 days. The shah, Washington’s closest ally in the Persian Gulf, had fled Tehran in January 1979. The shah sought refuge in America. But President Jimmy Carter ... refused him entry for the first 10 months of his exile. Chase Manhattan Bank and its well-connected chairman worked behind the scenes to persuade the Carter administration to admit the shah, one of the bank’s most profitable clients. For Mr. Carter, for the United States and for the Middle East it was an incendiary decision. The ensuing hostage crisis enabled Ayatollah Ruhollah Khomeini to consolidate his theocratic rule, started a four-decade conflict between Washington and Tehran ... and helped Ronald Reagan take the White House.

Note: More information is available in this 1991 New York Times article and this article. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.

When women speak, they shouldn’t be shrill. Clothing must flatter, but short skirts are a no-no. After all, “sexuality scrambles the mind.” Women should look healthy and fit, with a “good haircut” and “manicured nails.” These were just a few pieces of advice that around 30 female executives at Ernst & Young received at a training held in the accounting giant’s gleaming new office in Hoboken, New Jersey, in June 2018. The 55-page presentation, used during the day-and-a-half seminar on leadership and empowerment, was given to HuffPost by an attendee who was appalled by its contents. Full of out-of-touch advice, the presentation focused on how women need to fix themselves to fit into a male-dominated workplace. The training, called Power-Presence-Purpose or PPP ... was billed to participants as advice on how to be successful at EY, according to Jane, a training attendee and former executive director at the firm. Attendees were even told that women’s brains are 6% to 11% smaller than men’s, Jane said. She wasn’t sure why they were told this, nor is it clear from the presentation. Women’s brains absorb information like pancakes soak up syrup so it’s hard for them to focus, the attendees were told. Men’s brains are more like waffles. They’re better able to focus because the information collects in each little waffle square. The only reason to talk to women about their size of their brains is to make them feel inferior to men, said Bruce McEwen, a neuroscientist at Rockefeller University.

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

About a half a dozen journalists were in a northern California courtroom to cover a third lawsuit alleging that Monsanto’s pesticide glyphosate causes cancer. [Sylvie] Barak told others that she was a freelancer for the BBC. When journalists searched the internet for Barak, they noticed that her LinkedIn account said she worked for FTI Consulting, a global business advisory firm that Monsanto and Bayer, Monsanto’s parent company, had engaged for consulting. Monsanto has also previously employed shadowy networks of consultants, PR firms, and front groups to spy on and influence reporters. And all of it appears to be part of a pattern at the company of using a variety of tactics to intimidate, mislead and discredit journalists and critics. In the latest example of Monsanto’s efforts to track journalists, The Guardian reported in August on internal documents from the company’s “fusion center,” which worked to discredit reporters and nonprofits via third-party actors. In the California trial, the reporter who first identified Barak as an FTI plant said she ... saw an uptick in Monsanto’s industry partners contacting her as she covered the trial. A guy named Jay Byrne ... contacted her on social media to discuss how GMO criticism was part of a Russian influence campaign; when she Googled Byrne, she learned he is Monsanto’s former director of communications. In a January deposition, a Monsanto representative said that in 2016 the company spent “around $16 or 17 million” on activities to defend glyphosate.

Note: Major lawsuits are now unfolding over Monsanto's lies to regulators and the public on the dangers of glyphosate. Yet the EPA continues to use industry studies to declare Roundup safe while ignoring independent scientists. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

In 2015, Maryland’s main election system vendor was bought by a parent company with ties to a Russian oligarch. The state’s election officials did not know about the purchase until July 2018, when the FBI notified them of the potential conflict. The FBI investigated and did not find any evidence of tampering or sharing of voter data. But the incident was a giant red flag ... especially as many states have outsourced vote-counting to the private sector. Democracy in the United States is now largely a secretive and privately-run affair conducted out of the public eye with little oversight. The corporations that run every aspect of American elections, from voter registration to casting and counting votes by machine, are subject to limited state and federal regulation. The companies are privately-owned and closely held, making information about ownership and financial stability difficult to obtain. The software source code and hardware design of their systems are kept as trade secrets. A small network of companies ... have near-monopolies on election services, such as building voting machines. Across the spectrum, private vendors have long histories of errors that affected elections, of obstructing politicians and the public from seeking information, of corruption, suspect foreign influence, false statements of security and business dishonesty. The computer security world has been sounding the alarm since voting machines were adopted. Now lawmakers, election officials and national security experts are joining in.

Note: Computer scientists have shown nearly every make and model of electronic voting machine to be vulnerable to hacking. For more along these lines, see concise summaries of deeply revealing elections corruption news articles from reliable major media sources.

During a nine month investigation, the BBC has uncovered the disturbing truth about the way authorities in New York City are conducting the fight against Aids. HIV positive children - some only a few months old - are enrolled in toxic experiments without the consent of guardians or relatives. In some cases where parents have refused to give children their medication, they have been placed in care. The city's Administration of Children's Services (ACS) does not even require a court order to place HIV kids with foster parents or in children's homes, where they can continue to give them experimental drugs. In 2002, the Incarnation Children's Center - a children's home in Harlem - was at the hub of controversy over secretive drugs trials. [Reporter Jamie Doran] speaks to a boy who spent most of his life at Incaranation. Medical records, obtained by the This World team, prove the boy had been enrolled in these trials. "I did not want to take my medication," said the boy, "but if you want to get out of there, you have to do what they say." He also conveys a horrifying account of what happened to the children at Incarnation who refused to obey the rules. "My friend Daniel didn't like to take his medicine and he got a tube in his stomach," he said. For months, the BBC tried to get information from the people responsible for the trials, but none would comment. The companies that supply drugs for the trials are among the world's largest, including Britain's own Glaxo SmithKline (GSK).

Note: Read a long list of examples of humans being treated as guinea pigs by corporate and governmental programs. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in Big Pharma from reliable major media sources.

The Supreme Court on Thursday restricted a massive wave of lawsuits claiming the chemical giant Monsanto had a duty to warn consumers of alleged cancer risks from the world's most popular weed killer, Roundup. The justices ruled that federal law preempts cancer victims from bringing lawsuits against Monsanto in state courts, where most such claims are filed. The justices [also] ruled Monsanto was not required to offer a warning because the Environmental Protection Agency holds that Roundup's active ingredient, glyphosate, is not a cancer risk. "EPA has not required glyphosate-based pesticides like Roundup to include a cancer warning on their labels," Justice Brett M. Kavanaugh wrote for the majority. "Therefore, as a matter of federal law, Monsanto legally must use a label without a cancer warning unless and until EPA approves or requires a change." Monsanto has marketed Roundup as safe to spray in a t-shirt and shorts. The EPA has repeatedly found that glyphosate, which was first marketed in the 1970s, does not cause cancer. Glyphosate is used on about 300 million acres of farmland in the United States. In 2015 the International Agency for Research on Cancer, which is associated with the United Nations and World Health Organization, found glyphosate was "probably carcinogenic to humans." The agency found a likely link between non-Hodgkin lymphoma and glyphosate.

Note: Our Substack, "The Pesticide Crisis Reveals The Dark Side of Science. We Have The Solutions to Regenerate," uncovers the scope of Bayer/Monsanto's media propaganda machine and the widespread conspiracy to poison our food, air, and along with the powerful remedies and solutions to this crisis. For more along these lines, read our concise summaries of news articles on government corruption and toxic chemicals.

Cory Kreft began working on a honey farm at 15 years old ... eventually buying the business from his former boss. But in 2021, his bees suddenly began dying. He lost 85 percent of his hives. The losses continued the next year, and the next. After extensive testing, he identified the culprit: a relatively new class of pesticides called neonicotinoids, often shortened to neonics. Thanks in part to a federal regulatory loophole, the use of neonic-treated seed has quietly exploded in recent years, with little regulation or oversight. Almost all conventional corn and more than half of soy seed in the U.S. is now treated with neonics. When bees encounter neonic-contaminated pollen, the neurotoxin disrupts the neurological functions they rely on to navigate, forage, and survive. The hive then slowly declines and dies. "Over the last five years, we've seen between 60 to 85 percent hive mortality each year," said Kreft. "It's about a million dollars in losses for us annually." While the harm neonics inflict on pollinators is well documented, their effects on humans remain less certain. A recent study found that over 95 percent of pregnant women had neonics in their bodies. The chemicals have been linked to neurological, reproductive system, and developmental harms. Because neonics are now so widespread in food and water ... exposure has become nearly constant. "It's everywhere now," [researcher Jennifer Sass] said. "It's in breast milk, tap water, even in baby food."

Note: For more along these lines, read our concise summaries of news articles on toxic chemicals and mass animal deaths.

The US Environmental Protection Agency (EPA) is failing to put warnings on pesticides linked to cancer – even when the agency itself determined a product's ingredients are carcinogenic, according to two new analyses of federal data. The EPA has put cancer warnings on 1.4% – 69 of 4,919 – of pesticide labels for products that contain an active ingredient that the agency itself has designated "probable" or "likely" to cause cancer, the analyses found. In addition, just 1.1% – 242 of 22,147 – of pesticide labels that contain ingredients with "possible" or "suggestive" links to cancer have cancer warnings from the EPA. The analyses ... come as one of the world's top pesticide manufacturers, Bayer, seeks to rid itself of costly litigation over whether its glyphosate-based herbicides cause cancer. The company is pushing the US Supreme Court to rule the EPA should have sole authority over pesticide cancer labels – a ruling that would have far-reaching implications for pesticide labeling. For years Bayer, alongside more than a hundred other agricultural organizations, has also been lobbying for state laws that bar people from suing pesticide manufacturers for failing to warn them of health risks, as long as the product labels are approved by the EPA. Two states – Georgia and North Dakota – passed such laws. The 2026 Farm Bill ... would force uniform pesticide labels across the country, which preempts state or local governments from mandating stricter labels.

Note: Read our Substack investigation into the pesticide crisis and how it reveals the dark side of science. For more along these lines, read our concise summaries of news articles on government corruption and toxic chemicals.

Pfizer subsidiaries in multiple countries, including Italy and Russia, were accused by the SEC in 2012 of paying bribes over about a decade to foreign officials to secure regulatory and formulary approvals, boost sales, and increase prescriptions, [an] SEC complaint shows. In China, one subsidiary allegedly created "points programs" that let doctors earn gifts based on prescribing its medications, according to the SEC, while in Croatia, another offered a "bonus program" that reportedly rewarded doctors with cash, international travel, or free products. Pfizer and an indirect subsidiary agreed to pay more than $45 million in separate settlements, without admitting or denying the allegations, the SEC reported. In a parallel action, Pfizer H.C.P., an indirect, wholly-owned healthcare-focused subsidiary, agreed to pay a $15 million penalty to resolve its investigation of FCPA violations after admitting to improper payments to foreign government officials, according to the U.S. Department of Justice. And in Greece, Poland, and Romania, Johnson & Johnson subsidiaries, employees, and agents were accused by regulators of using slush funds, sham contracts, and off-shore companies in the Isle of Man to reward doctors and administrators who ordered or prescribed its products, including surgical implants. The 2011 SEC complaint also accused the company of paying kickbacks in Iraq to obtain business.

Note: For more along these lines, read our concise summaries of news articles on Big Pharma profiteering.

The House Committee on Agriculture passed the "Farm, Food, and National Security Act of 2026" on March 5. The 800-page document is being praised by Big Agriculture and industry groups. But public health advocates warn that the bill is set to further erode well-being and health in the U.S., further deepening the hypocrisy of Secretary of Health and Human Services (HHS) Robert F. Kennedy Jr.'s repeated promise to "Make America Healthy Again." "Rather than address the economic crises facing America's family farmers, this Farm Bill is a thinly veiled gift bag for Big Ag and pesticide manufacturers. It's a massive slap in the face to people ... demanding a healthier food system," said [agriculture campaigner] Jason Davidson. Section 10205 blocks consumers and farmers harmed by pesticides from suing companies over inadequate safety labeling. Section 10206 would overturn all state and local laws that protect food safety. Section 10207 would repeal federal statutes created to protect people and animals from pesticides. Rep. Chellie Pingree ... introduced an amendment that would have stripped these sections from the bill, but the effort was rejected. "This Farm Bill is a gift to Big Chemical, plain and simple. It delivers exactly what giants like Bayer have spent years lobbying for: blanket immunity from lawsuits and the power to gut the state warning label laws that protect families, farmers, and children," said the congresswoman in a statement.

Note: Read our Substack investigation into what the pesticide crisis reveals about the dark side of science. For more along these lines, read our concise summaries of news articles on food system corruption and toxic chemicals.

The White House invokes the Defense Production Act to guarantee supplies of elemental phosphorus and glyphosate-based herbicides. Regulators reapprove dicamba, a Bayer herbicide twice blocked by federal courts, and clear the way for new pesticides containing toxic, persistent PFAS "forever" chemicals. And the U.S. Justice Department urges the U.S. Supreme Court to erase billions of dollars of Bayer's liability for its glyphosate-based Roundup weed killer – placing the weight of the executive branch on the side of a foreign company against thousands of Americans who say Bayer's products caused their cancers. Over the past year, the administration under President Donald J. Trump has delivered a string of victories to Bayer, the German agrichemical and pharmaceutical giant that merged with Monsanto in 2018 to become the world's leading manufacturer of genetically modified seeds and pesticides. These favors to Bayer clash with Trump's promise to "Make America Healthy Again," which many supporters understood as a pledge to confront industries linked to chronic disease. Our review of Bayer's access in Washington found 22 key administration officials with ties to Bayer's lobbying or legal network. Bayer and its lobbyists have access to people in power at the White House, U.S. Department of Agriculture, the Environmental Protection Agency and even those in high level positions closest to Trump.

Note: In addition to increasing cancer risk by 41%, glyphosate is linked to severe depression and cognitive decline. Our latest Substack, "The Pesticide Crisis Reveals The Dark Side of Science. We Have The Solutions to Regenerate," uncovers the scope of Monsanto's media propaganda machine and the widespread conspiracy to poison our food, air, and along with the powerful remedies and solutions to this crisis. For more along these lines, read our concise summaries of news articles on government corruption and toxic chemicals.

In mid-December, as negotiations to end Russia's war in Ukraine gathered pace, a group of Ukrainian officials sat in a conference room in New York for a meeting with senior executives at BlackRock, the world's largest asset manager. They had come to discuss a crucial element of a peace plan drafted by Kyiv and Washington: Ukraine's postwar recovery. BlackRock had been enlisted to help build a strategy for what President Volodymyr Zelensky has called an $800 billion "prosperity plan." The meeting, held at BlackRock's headquarters, kick-started work on identifying funding sources and investment priorities. BlackRock's role has generated more questions than answers, as the Trump administration steers plans for rebuilding Ukraine toward American business interests. Seven European and Ukrainian officials ... voiced doubts about BlackRock's ability to attract the enormous investments envisioned. The involvement in the talks of a private firm whose main business is to maximize financial returns has reinforced concerns that the Trump administration views Ukraine's reconstruction as a profit-making opportunity for the U.S. government and American companies, rather than as primarily a humanitarian or security matter. Last year, President Trump pushed for a deal granting the United States a stake in Ukraine's mineral wealth. In peace talks with Kyiv, the president's main negotiators have been real estate developers.

Note: First, Blackrock buys up government bonds used to finance military spending, meaning it directly profits from the debt created by war itself. Then, after the war, Blackrock is set to profit again – this time from reconstruction contracts, land grabs, and privatization efforts. Read about this and more with our Substack, Working Together To End the War On Peace in Ukraine, which challenges the dominant narrative on the Ukraine war, arguing that US and NATO policies, covert intelligence agency operations, media censorship, and corporate profiteering have fueled the conflict while blocking genuine peace efforts.

A military contractor with a lineage going back to the notorious mercenary firm Blackwater will help U.S. Immigration and Customs Enforcement track down a list of 1.5 million targeted immigrants across the country. ICE inked a deal with Constellis Holdings to provide "skip tracing" services, tasking the company with hunting immigrants down and relaying their locations to ICE's Enforcement and Removal Operations wing for apprehension. Contractors will receive monetary bounties in exchange for turning over the whereabouts of specified immigrants as quickly as possible, using whatever physical and digital surveillance tools they see fit. Constellis was formed in 2014 through the merger of Academi, previously known as Blackwater, and Triple Canopy, a rival mercenary contractor. The combined companies and their subsidiaries have reaped billions from contracts for guarding foreign military installations, embassies, and domestic properties, along with work for the Department of Homeland Security and U.S. spy agencies. In 2007, Blackwater mercenaries massacred 14 civilians in Baghdad; several of its contractors serving prison sentences for the killings were pardoned by President Donald Trump in 2020. The government has so far paid Constellis $1.5 million, with the potential for the total to grow to more than $113 million by the contract's end in 2027. Constellis ... secured a $250 million construction contract at the U.S. military base at Guantánamo Bay, Cuba, earlier this year.

Note: Erik Prince's Blackwater got caught systematically defrauding the government. Then Blackwater changed its name to Academi and made over $300 million off the Afghan drug trade. More recently, Prince was recruiting ex spies to infiltrate progressive activist groups. Furthermore, the bounty-based approach mirrors a core tactic of the War on Terror, when US forces offered cash rewards for tips that fueled mass detentions in Afghanistan and beyond. This swept up thousands of people who posed no threat and had no ties to terrorism.

The 2018 legalization of sports betting gave rise to a host of apps making it ever easier to gamble on games. Kalshi and Polymarket offer that service, but also much more. They'll take your bets, for instance, on the presidential and midterm elections, the next Israeli bombing campaign, or whether Jeff Bezos or Mark Zuckerberg will get divorced. Tarek Mansour, the CEO of Kalshi, laid it out simply at a conference held by Citadel Securities in October. "The long-term vision," Mansour said, "is to financialize everything and create a tradable asset out of any difference in opinion." It's as dystopian as it sounds. Betting apps have at times delivered better accuracy than polling results. For example, while pollsters clocked last year's presidential race as deadlocked in the days before the election, Polymarket gave Trump an edge at 58 percent. But whether they are consistently better is a whole other story. Consider the 2022 midterm elections: Up until election night, the major prediction markets "failed spectacularly" and "projected outcomes for key races that turned out to be completely wrong," according to one expert analysis. Prediction markets are also more prone to manipulation than they'd have you believe. And this can give deep-pocketed political actors another vessel for information warfare. Kalshi was even embroiled in a legal battle with federal regulators as recently as this summer for this very reason.

Note: For more along these lines, read our concise summaries of news articles on Big Tech and financial industry corruption.

Even as US beef prices have continued to surge, American cattle ranchers have come under increased financial pressure–and a new report from More Perfect Union claims that this is due in part to industry consolidation in the meat-packing industry. Bill Bullard, the CEO of the trade association R-CALF USA, explained to More Perfect Union that cattle ranchers are essentially at the bottom of the pyramid in the beef-producing process, while the top is occupied by "four meat packers controlling 80% of the market." "It's there that the meat packers are able to exert their market power in order to leverage down the price that the cattle feeder receives for the animals," Bullard said. To illustrate the impact this has had on farmers, Bullard pointed out that cattle producers in 1980 received 63 cents for every dollar paid by consumers for beef, whereas four decades later they were receiving just 37 cents for every dollar. "That allocation has flipped on its head because the marketplace is fundamentally broken," Bullard [said]. Angela Huffman, president of Farm Action, recently highlighted the role played by the four big meatpacking companies–Tyson, Cargill, National Beef, and JBS–in hurting US ranchers. Dan Osborn, an independent US Senate candidate running in Nebraska, has made the dangers of corporate consolidation a central theme of his campaign. "If you're a farmer, your inputs, your seed, your chemicals, you have to buy from monopolies," he said.

Note: For more along these lines, read our concise summaries of news articles on food system corruption.

The AI surveillance platform provider Palantir is no stranger to controversy. It brings in billions each year from controversial partnerships with groups like Immigration and Customs Enforcement (ICE) and the Israeli Defense Forces, something CEO Alex Karp isn't keen on changing anytime soon. In an interview ... this week, Karp even took it a step further, arguing that legalizing US war crimes would open up a whole new market for Palantir. Unlike other moguls profiting off the military industrial complex who hide behind concepts like "democracy" and "national security," the Palantir CEO isn't afraid to put his mouth where his money is with disarmingly bombastic language. In a letter to shareholders earlier this year, for instance, Karp quoted hawkish political scholar Samuel Huntington in arguing that the "rise of the West was not made possible ‘by the superiority of its ideas or values or religion… but rather by its superiority in applying organized violence.'" While this could be seen as a damning indictment of Western civilization and its violent stranglehold over the world economy, Karp instead positions it as a source of inspiration. In another part of his interview ... the Palantir CEO reaffirmed his commitment to ICE, emphasizing the important role he plays in making immigrants lives worse. "I'm going to use my whole influence to make sure this country stays skeptical on migration and has a deterrent capacity that it only uses selectively," Karp said.

Note: Listen to an audio clip of Jeffrey Epstein promoting Palantir to Ehud Barak. Read how Palantir helped the NSA spy on the entire planet. For more along these lines, read our concise summaries of news articles on Big Tech and the disappearance of privacy.

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.