Corporate Corruption News Articles

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An Australian study has found that about one in five corporate executives are psychopaths – roughly the same rate as among prisoners. The study of 261 senior professionals in the United States found that 21 per cent had clinically significant levels of psychopathic traits. The rate of psychopathy in the general population is about one in a hundred. Nathan Brooks, a forensic psychologist who conducted the study, said the findings suggested that businesses should improve their recruitment screening. He said recruiters tend to focus on skills rather than personality features and this has led to firms hiring "successful psychopaths" who may engage in unethical and illegal practices or have a toxic impact on colleagues. "Typically psychopaths create a lot of chaos and generally tend to play people off against each other," he said. "Psychopaths ... don't mind if they violate morals. It is about getting where they want in the company and having dominance over others." The global financial crisis in 2008 has prompted researchers to study workplace traits that may have allowed a corporate culture in which unethical behaviour was able to flourish. Mr Brooks's research ... was based on a study of corporate professionals in the supply chain management industry across the US. The researchers have been examining ways to help employers screen for potential psychopaths. "We hope to implement our screening tool in businesses ... to hopefully identify this problem," Mr Brooks said.

Note: This study was retracted in 2018 following allegations of plagiarism. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.

I wonder how many of the readers remember the WHO’s pandemic alert on swine ‘flu some years ago? When the WHO was proactive to announce a pandemic then without any scientific justifications I was the one who wrote that that was a business stunt! People did not believe and the British Medical Journal rejected my paper. After one long year what I had predicted came true. Council of Europe Health Committee Chairman Dr. Wolfgang Wodarg said that the declaration of a swine flu pandemic was a false alarm. “There are many signs that there is close cooperation between the WHO and pharmaceutical companies. We have to find out whether there was pressure or whether there was money given as an incentive to the WHO to have this pandemic declared,” Dr. Wolfgang Wodarg adds. To give a simple example of the swine flu drug Tamiflu when given to a million people, 45,000 will experience vomiting, 31,000 will experience headache and 11,000 will have psychiatric side-effects. These figures might be insignificant if Tamiflu cures swine flu. That is not the case. Raising the fear levels in society is the surest way of depressing their immune system! This is good for business. With people’s immune system depressed they are prone to all kinds of infections. What follows next is the usual history. Greedy drug companies will now vie with each other to produce a vaccine. Vaccination is big business. This pattern goes on and on as long as money and medicine are related.

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

Perhaps you saw Ray Suarez’s three-part series on poverty and AIDS in Mozambique on the PBS NewsHour. Or listened to Public Radio International’s piece on the rationing of kidney dialysis in South Africa. These reports ... were all bankrolled by the Bill & Melinda Gates Foundation. Better-known for its battles against global disease, the giant philanthropy has also become a force in journalism. The foundation’s grants to media organizations such as ABC and The Guardian, one of Britain’s leading newspapers, raise obvious conflict-of-interest questions: How can reporting be unbiased when a major player holds the purse strings? The foundation has invested millions in training programs for journalists. It funds research on the most effective ways to craft media messages. Gates-backed think tanks turn out media fact sheets and newspaper opinion pieces. Magazines and scientific journals get Gates money to publish research and articles. Experts coached in Gates-funded programs write columns that appear in media outlets from The New York Times to The Huffington Post, while digital portals blur the line between journalism and spin. Over the past decade, Gates has devoted $1 billion to these programs. Beyond direct links to media, the foundation also supports a dizzying mix of organizations whose goals include influencing media coverage. An interested citizen might think she’s getting news and information from a variety of sources, but many of them might be funded by Gates.

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

Google and a few other search engines are the portal through which several billion people navigate the internet. Many of the world's most powerful tech companies, including Google, Microsoft, and OpenAI, have recently spotted an opportunity to remake that gateway with generative AI, and they are racing to seize it. Nearly two years after the arrival of ChatGPT, and with users growing aware that many generative-AI products have effectively been built on stolen information, tech companies are trying to play nice with the media outlets that supply the content these machines need. The start-up Perplexity ... announced revenue-sharing deals with Time, Fortune, and several other publishers. These publishers will be compensated when Perplexity earns ad revenue from AI-generated answers that cite partner content. The site does not currently run ads, but will begin doing so in the form of sponsored "related follow-up questions." OpenAI has been building its own roster of media partners, including News Corp, Vox Media, and The Atlantic. Google has purchased the rights to use Reddit content to train future AI models, and ... appears to be the only major search engine that Reddit is permitting to surface its content. The default was once that you would directly consume work by another person; now an AI may chew and regurgitate it first, then determine what you see based on its opaque underlying algorithm. Many of the human readers whom media outlets currently show ads and sell subscriptions to will have less reason to ever visit publishers' websites. Whether OpenAI, Perplexity, Google, or someone else wins the AI search war might not depend entirely on their software: Media partners are an important part of the equation. AI search will send less traffic to media websites than traditional search engines. The growing number of AI-media deals, then, are a shakedown. AI is scraping publishers' content whether they want it to or not: Media companies can be chumps or get paid.

Note: The AI search war has nothing to do with journalists and content creators getting paid and acknowledged for their work. It's all about big companies doing deals with each other to control our information environment and capture more consumer spending. For more along these lines, see concise summaries of deeply revealing news articles on AI and Big Tech from reliable sources.

Every five years or so, Congress reauthorizes a comprehensive, multibillion-dollar law that has a major impact not only on farmers and ranchers–who make up less than 2 percent of the US population–but also on the environment, public health, and the economy. Generically called the "farm" bill, it is actually a farm and food bill that supports a wide range of programs, including ones that cover crop insurance, financial credit, and export subsidies for farmers, as well as the Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps. SNAP, which eats up 80 percent of the bills' total budget, currently serves 41 million low-income Americans. A major ... reason farm and food bills routinely fail to live up to their original intent is the undue influence the agribusiness sector has over Congress, which it exerts via campaign contributions and lobbying. The sector includes commodity crop traders, meat and poultry processors, fertilizer and pesticide makers, multinational food and beverage companies, giant supermarket chains, and all of their related trade associations. The agribusiness sector spent more than $793 million on lobbying on a range of issues between 2019 and 2023. Top spenders included the American Crystal Sugar Company, the American Farm Bureau Federation, Koch Industries, and the US Chamber of Commerce. Agribusiness's influence peddling is largely overlooked by the mainstream news media.

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

AstraZeneca is being sued by a woman who claims she was disabled by the company's Covid-19 vaccine. Brianne Dressen said she was "the picture of good health" when getting the AstraZeneca Covid vaccine in 2020 at the age of 39 through a Salt Lake County, Utah, clinical trial. In the hours that followed, her arm began to tingle and the feeling spread up to her shoulder, then to her opposite arm. Later, other symptoms followed, including blurred vision, a headache, ringing ears, and vomiting. In 2021, National Institutes of Health neurologists diagnosed her with "post vaccine neuropathy." Dressen is the co-chair of React19, an interest group for people alleging injury from Covid-19 vaccines. Now, she's suing AstraZeneca over medical expenses and more, arguing she's still disabled and unable to work and carry on with many activities as she once had. The lawsuit, which accuses AstraZeneca of breaching contractual obligations, comes days after AstraZeneca pulled its Covid-19 vaccine off the market. AstraZeneca has said it was doing so due to a lack of demand and not for safety reasons. The vaccine, however, has faced concerns over its efficacy and safety. As of April 1, over 10,000 claims alleging injury or death from a Covid-19 shot have been filed with the Countermeasures Injury Compensation Program, according to the HHS. In a separate lawsuit, Dressen's React19 and people alleging vaccine injuries are suing the HHS over the program.

Note: People injured by AstraZeneca's vaccine were censored on social media when they tried to talk about their experiences. While mainstream narratives emphasize how rare these injuries are, the numbers speak for themselves. The Vaccine Adverse Event Reporting System (VAERS) is a voluntary government reporting system that only captures a portion of the actual injuries. Vaccine adverse event numbers are made publicly available, and currently show 38,068 COVID Vaccine Reported Deaths and 1,652,230 COVID Vaccine Adverse Event Reports.

Everywhere you go online, you're being tracked. Almost every time you visit a website, trackers gather data about your browsing and funnel it back into targeted advertising systems, which build up detailed profiles about your interests and make big profits in the process. At the end of last year, thousands of websites started being more transparent about how many companies your data is being shared with. A WIRED analysis of the top 10,000 most popular websites shows that dozens of sites say they are sharing data with more than 1,000 companies, while thousands of other websites are sharing data with hundreds of firms. Quiz and puzzle website JetPunk tops the pile, listing 1,809 "partners" that may collect personal information, including "browsing behavior or unique IDs." More than 20 websites from publisher Dotdash Meredith–including Investopedia.com, People.com, and Allrecipes.com–all say they can share data with 1,609 partners. The newspaper The Daily Mail lists 1,207 partners, while internet speed-monitoring firm Speedtest.net, online medical publisher WebMD, and media outlets Reuters, ESPN, and BuzzFeed all state they can share data with 809 companies. DuckDuckGo keeps a record of the companies that have the biggest tracking footprint across the web. Among the most common trackers, Google has its technology on 79 percent of websites, while those from five other companies are on more than 20 percent of websites.

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.

Almost six in ten doctors in the US received more than $12 billion in payments from pharma firms in the past decade, an analysis has revealed. A study by researchers at Yale University found that 57 percent of doctors earned the huge sums from manufacturers in relation to medical drugs or devices between 2013 and 2022. Most of the money was for consulting services or fees for things such as serving as a speaker at a venue, but the physicians also received large amounts of money for food and beverages and gifts. Orthopedic surgeons were found to receive the largest total sum of payments, at $1.36bn, and the most common drugs related to payments were blood thinners Xarelto and Eliquis. 'Despite evidence that financial conflicts of interest may influence physician prescribing and may damage patients' trust in medical professionals, such payments remain pervasive,' the researchers wrote. After orthopedic surgeons, the physicians that received the largest total sum of payments were neurologists and psychiatrists, who received $1.32bn, and cardiologists, who got $1.29bn. Although the median payment to doctors was $48, payments to the top 0.1 percent of doctors were far higher and differed depending on specialty. The average amount paid to the top 0.1 percent of orthopedists was $4,826,944. For the top 0.1 percent of cardiologists, it was $3,197,675, and for the top 0.1 percent of neurologists and psychiatrists it was $2,588,819.

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

The high-stakes world of Pentagon lobbying is being altered by the rise of defense technology startups. Retiring generals and departing top Pentagon officials once migrated regularly to the big established weapons makers like Lockheed Martin and Boeing. Now they are increasingly flocking to venture capital firms that have collectively pumped billions of dollars into Silicon Valley-style startups offering the Pentagon new war-fighting tools like autonomous killer drones, hypersonic jets and space surveillance equipment. The New York Times has identified at least 50 former Pentagon and national security officials, most of whom left the federal government in the last five years, who are now working in defense-related venture capital or private equity as executives or advisers. In many cases, The Times confirmed that they continued to interact regularly with Pentagon officials or members of Congress to push for policy changes or increases in military spending that could benefit firms they have invested in. Pentagon procurement officials confirmed that they had repeatedly met with former Defense Department officials who are now venture capitalists. They said recommendations pushed by the venture capitalists had played a role in changes they are making in the way they acquire technology. In the last four years, at least $125 billion of venture capital has flooded into startups that build defense technology ... compared with $43 billion in the prior four years.

Note: If you can't access the above article, here's an alternate link. Learn more about arms industry corruption in our comprehensive Military-Intelligence Corruption Information Center. For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.

The nation's largest pharmacy chains have handed over Americans' prescription records to police and government investigators without a warrant, a congressional investigation found, raising concerns about threats to medical privacy. Though some of the chains require their lawyers to review law enforcement requests, three of the largest – CVS Health, Kroger and Rite Aid, with a combined 60,000 locations nationwide – said they allow pharmacy staff members to hand over customers' medical records in the store. Pharmacies' records hold some of the most intimate details of their customers' personal lives, including years-old medical conditions and the prescriptions they take for mental health and birth control. Because the chains often share records across all locations, a pharmacy in one state can access a person's medical history from states with more-restrictive laws. The Health Insurance Portability and Accountability Act, or HIPAA, regulates how health information is used and exchanged among "covered entities" such as hospitals and doctor's offices. But the law gives pharmacies leeway as to what legal standard they require before disclosing medical records to law enforcement. In briefings, officials with eight American pharmacy giants – Walgreens Boots Alliance, CVS, Walmart, Rite Aid, Kroger, Cigna, Optum Rx and Amazon Pharmacy – told congressional investigators that they required only a subpoena, not a warrant, to share the records.

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.

An opaque network of government agencies and self-proclaimed anti-misinformation groups ... have repressed online speech. News publishers have been demonetized and shadow-banned for reporting dissenting views. NewsGuard, a for-profit company that scores news websites on trust and works closely with government agencies and major corporate advertisers, exemplifies the problem. NewsGuard's core business is a misinformation meter, in which websites are rated on a scale of 0 to 100 on a variety of factors, including headline choice and whether a site publishes "false or egregiously misleading content." Editors who have engaged with NewsGuard have found that the company has made bizarre demands that unfairly tarnish an entire site as untrustworthy for straying from the official narrative. In an email to one of its government clients, NewsGuard touted that its ratings system of websites is used by advertisers, "which will cut off revenues to fake news sites." Internal documents ... show that the founders of NewsGuard privately pitched the firm to clients as a tool to engage in content moderation on an industrial scale, applying artificial intelligence to take down certain forms of speech. Earlier this year, Consortium News, a left-leaning site, charged in a lawsuit that NewsGuard's serves as a proxy for the military to engage in censorship. The lawsuit brings attention to the Pentagon's $749,387 contract with NewsGuard to identify "false narratives" regarding the war [in] Ukraine.

Note: A recent trove of whistleblower documents revealed how far the Pentagon and intelligence spy agencies are willing to go to censor alternative views, even if those views contain factual information and reasonable arguments. For more along these lines, see concise summaries of news articles on corporate corruption and media manipulation from reliable sources.

In 2010, Purdue Pharma replaced the original version of OxyContin, an extended-release oxycodone pill, with a reformulated product that was much harder to crush for snorting or injection. The reformulation of OxyContin was instead associated with an increase in deaths involving illicit opioids and, ultimately, an overall increase in fatal drug overdoses. Researchers ... found that death rates rose fastest in states where reformulation would have had the biggest impact. A new study by RAND Corporation senior economist David Powell extends those findings by showing that the reformulation of OxyContin also was associated with rising suicides among children and teenagers. The root cause of such perverse effects was the substitution that occurred after the old version of OxyContin was retired. Nonmedical users turned to black-market alternatives that were more dangerous because their potency was highly variable and unpredictable–a hazard that was compounded by the emergence of illicit fentanyl as a heroin booster and substitute. The fallout from the reformulation of OxyContin is one example of a broader tendency: Interventions aimed at reducing the harm caused by substance abuse frequently have the opposite effect. Based on interstate differences in nonmedical use of OxyContin prior to 2010, Powell estimates that "the reformulation of OxyContin can explain 49% of the rise in child suicides."

Note: More than 107,000 people in the United States died due to opioid overdoses in 2021. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

More than 80 percent of four-star officers retiring from the U.S. armed forces go on to work in the defense industry, a new study has found, underscoring the close relationship between top U.S. brass and government-contracted companies. Twenty-six of 32 four-star admirals and generals who retired from June 2018 to July 2023 were later employed in roles including executive, adviser, board member or lobbyist for companies with significant defense business, according to the analysis from the Quincy Institute for Responsible Statecraft, a think tank that advocates restraining the military's role in U.S. foreign policy. "The revolving door between the U.S. government and the arms industry, which involves hundreds of senior Pentagon officials and military officers every year, generates the appearance – and in some cases the reality – of conflicts of interest in the making of defense policy and in the shaping of the size and composition of the Pentagon budget," authors William Hartung and Dillon Fisher wrote. The findings shed new light on a phenomenon examined in a 2021 report from the Government Accountability Office, which found that 14 major defense contractors ... employed 1,700 former senior officials or acquisition officials in 2019. The GAO concluded that while defense contractors benefit from the practice, it could "affect public confidence in the government" by creating a perception that military officials may favor a company they see as a future employer.

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

Procter & Gamble (PG.N), Walgreens (WBA.O) and Johnson & Johnson's (JNJ.N) former consumer business are among several companies accused in lawsuits of deceiving consumers about cold medicines containing an ingredient that a unanimous U.S. Food and Drug Administration advisory panel declared ineffective. Proposed class actions were filed on Wednesday and Thursday, after the panel reviewed several studies and concluded this week that the ingredient phenylephrine marketed as a decongestant was essentially no better than a placebo. According to an agency presentation, about 242 million products with phenylephrine were sold in the United States last year, generating $1.76 billion of sales and accounting for about four-fifths of the market for oral decongestants. The first lawsuit appeared to have been filed in Pensacola, Florida, federal court. It said Johnson & Johnson Consumer and Procter & Gamble should have known by 2018 that their marketing claims about products with phenylephrine were "false and deceptive." That year was when new FDA guidance for evaluating symptoms related to nasal congestion demonstrated that earlier data about phenylephrine's effectiveness could no longer be relied upon, the complaint said. The plaintiff Steve Audelo, a Florida resident, said he bought Johnson & Johnson's Sudafed PE and Benadryl Allergy Plus, and Procter & Gamble's Vicks NyQuil, based on the companies' claims that the products worked.

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

Progressives are confused and distressed over the choice by many of our allies to devalue decentralization in the technology space, and even to portray it as worse than Big Tech alternatives. In recent months, a number of progressive commentators have attacked the very idea of decentralization, arguing that it's a distraction from other political goals. This has also led to progressives making crypto a favorite target and, bizarrely, taking the positions of big banks, which are notoriously monopolistic. To us, the more pressing concern is legacy tech platforms–and their ongoing capture of user data. Decentralizing technology will prove crucial in ensuring that the world isn't run by a handful of unelected technologists. Crypto is an exception to so much technology because it runs on blockchain and no single person or corporation can control it. We value a world where power is dispersed to the people, where no one is so powerful that they can dictate terms to the rest of us. A blockchain allows everyone to own their own data, to control their own information, and to port that information and data to another system at their discretion. It also allows for people to exchange both data and money in a peer-to-peer manner, without permission from expensive, bureaucratic, and–in many cases–unnecessary intermediaries. Migrants also use crypto to send money to their home countries, and this activity alone will become increasingly important as political and climate migration continues to accelerate.

Note: The US government financially attacked Wikileaks in 2010 after the organization published documentation of US military war crimes. This attack would have ended Wikileaks, but the organization instead embraced bitcoin and survived for several more years. For more along these lines, see concise summaries of deeply revealing news articles on financial system corruption from reliable major media sources.

The world's 722 biggest companies collectively are making more than $1tn a year in windfall profits on the back of soaring energy prices and rising interest rates. The companies made $1.08tn this way in 2021 and $1.09tn last year, according to analysis of Forbes magazine data by the charities Oxfam and ActionAid. The collective profits were 89% higher than the previous four-year average covering 2017-2020. Windfall profits are defined as those exceeding average profits in the previous four years by more than 10%. Energy companies recorded the highest windfall profits. Of the 45 energy firms on Forbes list of the 2,000 biggest companies, they made on average $237bn a year in windfall profits in 2021 and 2022. Many food and beverage corporations, banks, pharmaceutical companies and retailers also reported a surge in profits during a cost-of-living crisis in which more than a quarter of a billion people in 58 countries experienced acute food insecurity in 2022. Those profits have stoked accusations of "greedflation" – pushing through excessive price increases and driving up inflation. Katy Chakrabortty, Oxfam's head of advocacy, said "A corporate bonanza is supercharging inflation, leaving millions of people in the UK and around the world struggling to pay their bills and feed their families. The windfall profits of 18 food and beverage corporations are more than twice the amount needed to cover the shortfall in life-saving assistance to tens of millions of people."

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

On the morning of 10 June 2013 ... the journalist Glenn Greenwald and film-maker Laura Poitras published on the Guardian site a video revealing the identity of the NSA whistleblower behind one of the most damning leaks in modern history. It began: "My name is Ed Snowden." William Fitzgerald, then a 27-year-old policy employee at Google, knew he wanted to help. Fitzgerald found himself waiting in the lobby of the Hong Kong W Hotel to meet Greenwald and introduce him to Robert Tibbo and Jonathan Man – the men who became Snowden's legal representatives and hid him in the homes of Tibbo's refugee clients. The Snowden files told a ... sinister story, revealing mass surveillance by the US National Security Agency (NSA). The NSA files suggested that some tech firms, including Google, Facebook and Apple, were aware. Google and other tech firms worked to distance themselves from the NSA's efforts. But over time [Google's] culture appeared to shift, reflecting the changing needs of various governments. Google stopped promoting its transparency report to the media, free expression advocates were replaced by more traditional business-focused executives, and then there was Project Maven – the controversial Department of Defense drone project that Google signed on to build artificial intelligence for. Google isn't alone in vying for government contracts – Microsoft, Amazon, IBM have all since made a play for or struck multimillion-dollar deals to build tools of surveillance for various entities including the Pentagon.

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

Safety breaches happen every year at labs experimenting with dangerous pathogens. Scientists and other lab workers are bitten by infected animals, stuck by contaminated needles and splashed with infectious fluids. Yet the public rarely learns about these incidents, which tend to be shrouded in secrecy. For example, when a safety breach occurred in 2019 at a University of Wisconsin-Madison lab experimenting with a dangerous and highly controversial lab-created H5N1 avian influenza virus, the university never told the public – or local and state public health officials. In another incident, a pipe burst on a lab waste-holding tank in 2018 at a US army research facility at Fort Detrick, near Washington DC. Workers initially dismissed that any safety breach had occurred. Then army officials belatedly issued public statements that left out key details and created the misleading impression that no dangerous pathogens could have left the base. Yet my reporting has uncovered government documents and even a photo showing the giant tank spewing an estimated 2,000 to 3,000 gallons of unsterilized lab wastewater near an open storm drain that feeds into a popular public waterway. Regulation of lab safety in the US and around the world is fragmented and often relies heavily on scientific institutions policing themselves. There is no comprehensive tracking of which labs hold collections of the most dangerous viruses, bacteria and toxins.

Note: Watch our latest Mindful News Brief series on the strong evidence that bioweapons research created COVID-19. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the scientific community from reliable major media sources.

There are almost 2 million people locked away in one of the more than 5,000 prisons or jails that dot the American landscape. While they are behind bars, these incarcerated people can be found standing in line at their prison's commissary waiting to buy some extra food or cleaning supplies that are often marked up to prices higher than what one would pay outside of those prison walls. If they want to call a friend or family member, they need to pay for that as well. And almost everyone who works at a job while incarcerated, often for less than a dollar an hour, will find that the prison has taken a portion of their salary to pay for their cost of incarceration. States and local governments spent $82 billion on corrections in 2019. To offset these costs, policymakers have justified legislation authorizing an ever-growing body of fees to be charged to the people (and, as a result, often their families) in prison and jail. Fees for room and board–yes, literally for a thin mattress or even a plastic "boat" bed in a hallway, a toilet that may not flush, and scant, awful tasting food–are typically charged at a "per diem rate for the length of incarceration." It is not uncommon for these fees to reach $20 to $80 a day for the entire period of incarceration. Those who work regular jobs in prisons such as maintaining the grounds, working in the kitchen, and painting the walls of the facilities earn on average between $0.14 and $0.63 an hour.

Note: Read about a woman who only served 10 months in bars, yet now owes $127,000 for her original 7-year prison sentence. For more along these lines, see concise summaries of revealing news articles on prison system corruption from reliable major media sources.

A federal appeals court in Philadelphia rejected Johnson & Johnson â€˜s use of chapter 11 bankruptcy to freeze roughly 40,000 lawsuits linking its talc products to cancer, blunting a strategy the consumer health giant and a handful of other profitable companies have used to sidestep jury trials. The Third U.S. Circuit Court of Appeals on Monday dismissed the chapter 11 case of J&J subsidiary LTL Management LLC, which the company created in 2021 to move the talc injury lawsuits to bankruptcy court and freeze them in place. J&J is now exposed once again to talc-related cancer claims that have cost the company's consumer business $4.5 billion in recent years and are expected to continue for decades. J&J tried to stanch those costs through an emerging corporate restructuring strategy that offered J&J and other companies the protections of bankruptcy, despite their solvent balance sheets and solid credit ratings, and put a total of more than 250,000 injury lawsuits against the businesses on hold. Monday's decision marks the first time a federal appeals court has disapproved of the bankruptcy strategy, known in legal circles as the Texas Two-Step. The court's decision could mark tougher scrutiny of the legal tactic, which would make it harder for big companies to move past potentially costly and time-consuming personal-injury litigation. Bankruptcy allows companies swamped by lawsuits to drive settlements of legal liabilities through a chapter 11 plan and stop litigation from advancing in the civil justice system.

Note: Johnson & Johnson knew that its products caused cancer and lied to the public about it for decades. 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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