Corporate Corruption News Stories

Excerpts of Key Corporate Corruption News Stories in Major Media

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: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

This week, the Senate will vote on whether to grant Obama “fast track” authority to negotiate the TPP agreement, which involves a dozen countries around the Pacific. [Senator Elizabeth] Warren has previously claimed that the TPP’s controversial Investor-State Dispute Settlement provision, or ISDS, could undermine or chill public interest regulations in the U.S. and other participating countries, and could even undercut Dodd Frank financial reform, one of Obama’s signature achievements. Obama has strongly rejected Warren’s arguments in [an] interview with Yahoo and elsewhere. "The president said ... that he’s confident that when people read the agreement for themselves, that they’ll see it’s a great deal. But the president won’t actually let people read the agreement for themselves, [and] has committed only to letting the public see this deal after Congress votes to authorize fast track. At that point it will be impossible for us to amend the agreement or to block any part of it without tanking the whole TPP." Senator Warren went into more detail: “Congress will decide whether to give the President Fast Track authority. That authority would prevent Congress from amending trade deals and reduce its ability to block trade deals ... for ANY trade deal cut by ANY president over the next six years. Big banks on both sides of the Atlantic are gearing up to use that agreement to water down financial regulations. A six-year Fast Track bill is the missing link they need to make that happen.”

Note: Senator Warren's opposition to the TPP is further explained in this Washington Post article. Former U.S. Secretary of Labor Robert Reich and many others are also vocally opposed to the TPP and how this pending disaster is being pushed through under a veil of secrecy with little public debate.

The world’s biggest and most profitable fossil fuel companies are receiving huge and rising subsidies from US taxpayers, a practice slammed as absurd by a presidential candidate given the threat of climate change. A Guardian investigation of three specific projects, run by Shell, ExxonMobil and Marathon Petroleum, has revealed that the subsidies were all granted by politicians who received significant campaign contributions from the fossil fuel industry. “At a time when scientists tell us we need to reduce carbon pollution to prevent catastrophic climate change, it is absurd to provide massive taxpayer subsidies that pad fossil-fuel companies’ already enormous profits,” said senator Bernie Sanders, who announced on 30 April he is running for president. Sanders, with representative Keith Ellison, recently proposed an End Polluter Welfare Act, which they say would cut $135bn of US subsidies for fossil fuel companies over the next decade. “Between 2010 and 2014, the oil, coal, gas, utility, and natural resource extraction industries spent $1.8bn on lobbying,” according to Sanders and Ellison. Globally in 2013, the most recent figures available, the coal, oil and gas industries benefited from subsidies of $550bn, four times those given to renewable energy. In 2009, President Barack Obama called on the G20 to eliminate fossil fuel subsidies but since then US federal subsidies have risen by 45%. Every single well, pipeline, refinery, coal and gas plant in the country is heavily subsidised.

Note: The purchase of corrupt government officials by corporate profiteers prevents renewable energy solutions from reaching their potential.

Last week, FAIR noticed that not one major media organization in the United States has covered the charge, reported in Colombia, “that US military soldiers and contractors had sexually abused at least fifty-four children in Colombia between 2003 and 2007 and, in all cases, the rapists were never punished–either in Colombia or stateside–due to American military personnel being immune from prosecution under diplomatic immunity agreements.” One of the rapes ... was allegedly committed by Army sergeant Michael J. Coen and an employee of a private security contractor, César Ruiz. The victim was a 12-year-old girl. They abducted her, they drugged her, they took her to the air base near the town of Melgar and raped her, they took videos of her. Colombian prosecutors issued arrest warrants [that] were “not executed because of the immunity of Coen and Ruiz.” Under a series of treaties ... members of the US military stationed in Colombia are immune from prosecution. That immunity has since been extended to private security firms. Another serious sexual assault that, like the rape described above, was covered by the Colombian press, both in print and on TV, but ignored in the United States: in 2004, “53 underage girls were sexually abused by mercenaries, who filmed and sold the tapes as pornographic material.” The private security firm involved [was identified as] DynCorp, a Virginia-based contractor.

Note: Dyncorp is only slightly less infamous than Blackwater, having been involved in numerous international outrages, including a child sex slavery ring in Bosnia in 1999. Explore powerful evidence from a suppressed Discovery Channel documentary showing that child sexual abuse scandals reach to the highest levels of government. For more along these lines, see concise summaries of deeply revealing news articles about sexual abuse scandals from reliable major media sources.

Could your smartphone be recording video of you without you knowing it? And if so, who is on the other end watching it? A new Facebook Messenger App could be violating your privacy. If you download and install the social network's new messenger app to an android device, you're giving Facebook permission to call or text people from your phone, delete your personal data even access your camera microphone. Facebook says it only needs that access to make your messaging experience better, and that these terms have been in place for months. So why are we telling you about it now? That's because some mobile Facebook users are about to find out you won't be able to access your messages through the Facebook app anymore. Instead if you want to read a message from a friend or coworker you'll have to download the messenger app and consent to any fine print. The messenger app has over 6000 reviews on the iTunes app store. Most of them are not too positive. The real question is will people still download it? And as for the people who did download it, it seems a lot are just choosing to disconnect.

Note: Many apps have terms and conditions that people never read before downloading the allow the app developer to access and even change phone logs, record conversations, and much more. Learn more in this eye-opening video. For more along these lines, see concise summaries of deeply revealing news articles about the erosion of privacy rights from reliable major media sources.

Behind the dark glass towers of the Time Warner Center ... a majority of owners have taken steps to keep their identities hidden, registering condos in trusts, limited liability companies or other entities that shield their names. By piercing the secrecy of more than 200 shell companies, The New York Times documented a decade of ownership in this iconic Manhattan way station for global money, [and] found a growing proportion of wealthy foreigners, at least 16 of whom have been the subject of government inquiries around the world. The cases range from housing and environmental violations to financial fraud. Four owners have been arrested, and another four have been the subject of fines or penalties for illegal activities. They have been able to make these multimillion-dollar [real estate] purchases with few questions asked because of United States laws that foster the movement of largely untraceable money through shell companies. Vast sums are flowing unchecked around the world as never before — whether motivated by corruption, tax avoidance or investment strategy, and enabled by an ever-more-borderless economy and a proliferation of ways to move and hide assets. The high-end real estate market has become less and less transparent — and more alluring for those abroad with assets they wish to keep anonymous — even as the United States pushes other nations to help stanch the flow of American money leaving the country to avoid taxes.

Note: The New York Times investigation at the above link provides a comprehensive look at the international crime and political corruption at the heart of Manhattan's spiking real estate prices.

To wage war in Yemen, Saudi Arabia is using F-15 fighter jets bought from Boeing. Pilots from the United Arab Emirates are flying Lockheed Martin’s F-16 to bomb both Yemen and Syria. Soon, the Emirates are expected to complete a deal with General Atomics for a fleet of Predator drones to run spying missions in their neighborhood. As the Middle East descends into proxy wars, sectarian conflicts and battles against terrorist networks, countries in the region that have stockpiled American military hardware are now actually using it and wanting more. American defense firms are following the money. Boeing opened an office in Doha, Qatar, in 2011, and Lockheed Martin set up an office there this year. Lockheed created a division in 2013 devoted solely to foreign military sales, and the company’s chief executive, Marillyn Hewson, has said that Lockheed needs to increase foreign business — with a goal of global arms sales’ becoming 25 percent to 30 percent of its revenue. Daryl Kimball, executive director of the Arms Control Association ... said he viewed the increase in arms sales to the region “with a great deal of trepidation, as it is leading to an escalation in the type and number and sophistication in the weaponry in these countries.” Meanwhile, the deal to sell Predator drones to the Emirates is nearing final approval. If the sale goes through, it will be the first time that the drones will go to an American ally outside of NATO.

Note: If you look at history from the viewpoint that most wars are fostered and enflamed by the military-industrial complex, a lot of things make sense. Read a powerful essay by a top US general exposing the war machine titled "War is a Racket." For more along these lines, see concise summaries of deeply revealing war news articles from reliable major media sources.

More than a dozen areas in the U.S. have been shaken in recent years by small earthquakes triggered by oil and gas drilling, a government report released Thursday found. The man-made quakes jolted once stable regions in eight states, including parts of Alabama, Arkansas, Colorado, Kansas, New Mexico, Ohio, Oklahoma and Texas, according to researchers at the U.S. Geological Survey. Experts said the spike in seismic activity is mainly caused by the oil and gas industry injecting wastewater deep underground, which can activate dormant faults. A few instances stem from hydraulic fracturing, in which water, sand and chemicals are pumped into rock formations to free oil or gas. Many studies have linked the rise in small quakes to the injection of wastewater into disposal wells, but the Geological Survey’s report takes the first comprehensive look at where the man-made quakes are occurring. Oklahoma lately has been rocked by more magnitude 3 quakes than California, the most seismically active of the Lower 48 states, Petersen said. Oklahoma was not on scientists’ radar until recently, when the state experienced a spate of quakes, the largest registering a magnitude 5.6 in 2011. This week, the Oklahoma Geological Survey acknowledged that it is very likely most of the recent shaking is from wastewater disposal. Many faults awakened by drilling have not moved in millions of years, Geological Survey geophysicist William Ellsworth said.

Note: Even this article avoids the obvious. The big change since these quakes started is fracking.

Patients who suffered brain damage as a result of taking a swine flu vaccine are to receive multi-million-pound payouts from the UK government. Following the swine flu outbreak of 2009, about 60 million people, most of them children, received the vaccine. It was subsequently revealed that the vaccine, Pandemrix, can cause narcolepsy and cataplexy in about one in 16,000 people, and many more are expected to come forward with the symptoms. Across Europe, more than 800 children are so far known to have been made ill by the vaccine. The Pandemrix vaccine was manufactured by pharmaceuticals giant Glaxo Smith Kline, which refused to supply governments unless it was indemnified against any claim for damage caused. "There's no doubt in my mind whatsoever that Pandemrix increased the occurrence of narcolepsy onset in children," Emmanuelle Mignot, a specialist in sleep disorder at Stanford University in the United States told Reuters. Among those affected are NHS medical staff, many of whom are now unable to do their jobs because of the symptoms brought on by the vaccine. They will be suing the government for millions in lost earnings. However, the vast majority of patients affected - around 80% - are children. Despite a 2011 warning from the European Medicines Agency against using the vaccine on those under 20 and a study indicating a 13-fold heightened risk of narcolepsy in vaccinated children, GSK has refused to acknowledge a link.

Note: Read about people in other countries who were damaged by the vaccine on this webpage. See powerful media reports suggesting that both the avian flu and swine flu were manipulated to promote fear and boost pharmaceutical sales. And watch a powerful CBS video describing how 4,000 Americans in 1976 sued for neurological damages caused by a swine flu vaccine that they agreed to take after falling for fear mongering about the flu by the government. 300 people allegedly died from the vaccine. For more, see the excellent resources in our Health Information Center.

L.A. County health officials investigate and confirm an infection outbreak inside one of the county's hospitals once or twice a month. The public rarely finds out which hospital is involved, how many patients were stricken or whether any died. The secrecy surrounding hospital outbreaks runs counter to the push toward more public disclosure in healthcare. In recent years, consumers have benefited from data comparing some health outcomes by hospital, the fees hospitals charge for various procedures and the payments doctors receive from drug and device manufacturers. Keeping outbreaks confidential is a common practice of federal, state and local health investigators across the country. The rationale: It encourages hospitals to be open and quickly report suspected surges of infections. The secrecy can prevent hospitals from learning from one another's mistakes. More than six years ago, a lethal bacteria struck two hospitals in Florida, killing 15 patients. The case was nearly identical to the recent outbreaks at UCLA and Cedars-Sinai medical centers. In each case, a hard-to-clean medical scope transferred the same superbug from patient to patient. Since that 2008 Florida outbreak, investigators have tied the same scopes to scores of patient infections in other states. Most of the outbreaks were not disclosed until months or years later, often only when doctors wrote about them in medical journals.

Note: For more along these lines, see concise summaries of deeply revealing news articles about healthcare cover-ups from reliable major media sources.

In May this year, a huge company listed on the London Stock Exchange found itself in the midst of controversy about a prison it runs for the government – Thameside, a newly built jail ... in south-east London. Two months later, the same company was the subject of a high- profile report published by the House Of Commons. Again, the verdict was damning: data had been falsified, national standards had not been met, there was a culture of "lying and cheating", and the service offered to the public was simply "not good enough". Three weeks ago, there came grimmer news. The company ... was one of two contractors that had somehow overcharged the government for its services, possibly by as much as Ł50m; The firm that links these three stories together is Serco. Its range of activities, here and abroad, is truly mind-boggling. As a private firm it's not open to Freedom of Information requests, so looking into the details of what it does is fraught with difficulty. But the basic facts are plain enough. As well as five British prisons and the tags attached to over 8,000 English and Welsh offenders, Serco sees to two immigration removal centres. You'll also see its logo on the Docklands Light Railway and Woolwich ferry. But even this is only a fraction of the story. Serco is responsible for air traffic control in the United Arab Emirates, parking-meter services in Chicago, driving tests in Ontario, and an immigration detention centre on Christmas Island.

Note: Serco is possibly the largest company you've never heard of. Did you know that the Obama administration awarded Serco a $1.25 billion contract to help implement online health insurance exchanges under Obamacare, as reported in this Reuters article? Watch this video to see just how powerful and pervasive they are.

Weeks before Pacific Gas and Electric Co. released a long-awaited seismic report about the Diablo Canyon nuclear plant last year, Nuclear Regulatory Commission officials had already drafted talking points declaring the plant safe from earthquakes, Sen. Barbara Boxer said Wednesday. An internal commission memo showed that the agency was planning to tell the public that “the NRC had reviewed the report, and it had concluded Diablo Canyon was seismically safe” — before even seeing the report. Boxer ... used it to illustrate what she called the commission’s lax attitude toward seismic safety, even in the wake of the 2011 meltdown of three reactors at Japan’s Fukushima Daiichi power plant. Her comments shone new light on a controversy that has simmered since the seismic safety report’s release last fall. PG&E released the report on Sept. 10. That same day, the commission — the federal agency that regulates nuclear plants — formally rejected complaints from one of its own former inspectors at Diablo Canyon, who had argued that the plant should be closed. Several newly discovered faults nearby, he said, could produce more violent shaking than Diablo was designed to withstand. Environmental groups ... accused the commission and PG&E of colluding to release both the report and the rejection of the inspector’s complaint on the same day, generating positive press about Diablo’s safety.

Note: Why would Nuclear Regulatory Commission officials ignore their responsibility to protect the public from the potentially disastrous combination of earthquakes and nuclear power plants?

Earlier this month, the World Health Organization’s International Agency for Research on Cancer announced findings that glyphosate, the main ingredient in Monsanto’s RoundUp line of pesticides, is “probably carcinogenic to humans.” The research, published in The Lancet Oncology, relies on studies conducted on the chemical over the last few decades. Use of glyphosate – which the EPA has deemed safe — has soared in the last two decades with the introduction of crops genetically engineered to withstand the herbicide. Glyphosate is also a main ingredient in a new product called “Enlist Duo” recently introduced by Dow Chemical. Widespread use of the chemical has also come under fire because weeds are becoming increasingly resistant to it. Dow has marketed its new product ... as a new tool for farmers battling herbicide-resistant weeds. But agriculture experts say farmers should look at other ways to manage weeds, like cover-cropping, increased rotation and mechanical removal. This week, environmental groups sent a letter to the EPA renewing their calls for the agency to reconsider its decision to approve Enlist Duo. The groups also called on the EPA to reexamine its findings that glyphosate is safe. Monsanto has come out swinging. In a press release, Chief Technology Officer Dr. Robb Fraley said the company is “outraged”. Monsanto has demanded a retraction of the report.

Note: The negative health impacts of Monsanto's RoundUp are well known, while the risks and dangers of genetically engineering crops to tolerate such chemicals are becoming increasingly clear.

Not long ago I was asked to speak to a religious congregation about widening inequality. Shortly before I began, the head of the congregation asked that I not advocate raising taxes on the wealthy. I had a similar exchange last year with the president of a small college who had invited me to give a lecture that his board of trustees would be attending. “I’d appreciate it if you didn’t criticize Wall Street,” he said. It seems to be happening all over. A nonprofit group devoted to voting rights decides it won’t launch a campaign against big money in politics for fear of alienating wealthy donors. A Washington think tank releases a study on inequality that fails to mention the role big corporations and Wall Street have played ... presumably because the think tank doesn’t want to antagonize its corporate and Wall Street donors. A major university shapes research and courses around economic topics of interest to its biggest donors, notably avoiding any mention of the increasing power of large corporations and Wall Street on the economy. It’s bad enough that big money is buying off politicians. It’s also buying off nonprofits that used to be sources of investigation, information and social change, from criticizing big money. Our democracy is directly threatened when the rich buy off politicians. But no less dangerous is the quieter and more insidious buy-off of institutions democracy depends on to research, investigate, expose and mobilize action against what is occurring.

Note: The above article was written by former U.S. Secretary of Labor and UC Berkeley professor Robert Reich. For more along these lines, see concise summaries of deeply revealing income inequality news articles from reliable major media sources.

Many Oklahomans can still vividly recall the day they experienced their first earthquake. Ever since 2009/2010, earthquakes in the state have increased exponentially – leading to what are called “seismic swarms”. In 2000 there was not a single earthquake, but in 2014 we experienced 585 quakes of magnitude three or larger. For some time now, scientists have wondered whether fracking-related activities, such as wastewater injection, might be the source of increased seismic activity in Oklahoma. In May of last year, the Oklahoma Geological Survey, an affiliate entity of the University of Oklahoma, released a statement in conjunction with the United States Geological Survey, saying that wastewater injection was a “likely contributing factor the increase in earthquakes”. Not long after this statement, David Boren, president of the university, summoned the Oklahoma Geological Survey’s lead seismologist Austin Holland, who was also one of the authors of the statement, to a meeting with Harold Hamm, CEO of ... one of Oklahoma’s largest oil and gas exploration and production companies. Boren facilitated the meeting despite the fact that he also serves as a member of the Continental Resources board of directors. In July 2014, Continental Resources released a presentation positing an alternative theory for the seismic swarms and downplaying the influence of induced seismicity. One can only imagine the pressure this meeting must have brought upon Holland and his team of scientists.

Note: Jason W Murphey, an Oklahoma State Representative, wrote the above. For more on this, read this informative New York Times article titled "As Quakes Rattle Oklahoma, Fingers Point to Oil and Gas Industry." For more along these lines, see concise summaries of deeply revealing news articles about corruption in science.

Big Wall Street banks are so upset with U.S. Democratic Senator Elizabeth Warren's call for them to be broken up that some have discussed withholding campaign donations to Senate Democrats in symbolic protest. Representatives from Citigroup, JPMorgan, Goldman Sachs and Bank of America, have met to discuss ways to urge Democrats, including Warren and Ohio Senator Sherrod Brown, to soften their party's tone toward Wall Street. Citigroup has decided to withhold donations for now to the Democratic Senatorial Campaign Committee over concerns that Senate Democrats could give Warren and lawmakers who share her views more power, sources inside the bank told Reuters. The Massachusetts senator's economic populism and take-no-prisoners approach has won her a strong following. Warren, a former Harvard Law professor who joined the Senate Banking Committee after taking office in 2013, has accused big banks and other financial firms of unfair dealings that harm the middle class and help the rich grow richer. In a Dec. 12 speech, she mentioned Citi several times as an example of a bank that had grown too large, saying it should have been broken apart by the Dodd-Frank financial reform law. In January, Warren angered Wall Street when she successfully blocked the nomination of a banker Antonio Weiss to a top post at the Treasury Department. She argued that as a regulator he would likely be too deferential to his former Wall Street colleagues.

Note: Read Sen. Warren's response in this Boston Globe article. For more along these lines, see concise summaries of deeply revealing news articles about the systemically corrupt banking industry.

In a war full of failures, the US counternarcotics mission in Afghanistan stands out: opiate production has climbed steadily over recent years to reach record-high levels last year. One clear winner in the anti-drug effort is ... the infamous mercenary company formerly known as Blackwater. Statistics released on Tuesday reveal that the rebranded private security firm, known since 2011 as Academi, reaped over a quarter billion dollars from the futile Defense Department push to eradicate Afghan narcotics, some 21% of the $1.5 bn in contracting money the Pentagon has devoted to the job since 2002. The company is the second biggest beneficiary of counternarcotics largesse in Afghanistan. Only the defense giant Northrop Grumman edged it out, with $325m. According to the US inspector general for Afghanistan reconstruction, the $309m Academi got from US taxpayers paid for training, equipment, and logistical support to Afghan forces conducting counternarcotics. Far from eradicating the deep-rooted opiate trade, US counternarcotics efforts have ... contributed to the opium boom. In December, the United Nations reported a 60% growth in Afghan land used for opium poppy cultivation since 2011, up to 209,000 hectares. The estimated $3bn value of Afghan heroin and morphine represents some 15% of Afghan GDP. Academi and its former Blackwater incarnation have an infamous history in Afghanistan. It once set up shell companies to disguise its business practices, according to a Senate report, so that its contracts would be unimpeded by company employees killings of Iraqi and Afghan civilians.

Note: Blackwater, now called Academi, got caught systematically defrauding the US government, while serving as a "virtual extension of the CIA". The CIA has been linked to the Afghan heroin trade for decades. In 2000, the Taliban had all but eradicated Afghan opium production. Once Afghanistan was under US control, opium production surged to record levels.

A senior HSBC executive has privately admitted that the bank is “cast-iron certain” to have another major regulatory breach in the future. Global head of sanctions Lee Hale ... was meeting with independent lawyers monitoring HSBC as part of a controversial 2012 deal with the US Department of Justice, in which the bank avoided prosecution over sanctions-busting and money-laundering in its Mexican branch in exchange for paying a $1.9bn fine and receiving additional regulatory scrutiny for a period of five years. The deferred prosecution agreement was signed by the then US attorney for the eastern district of New York, Loretta Lynch. During a long exchange about HSBC’s new policy on sanctions and internal breaches of company rules, Hale told the regulator that “given the size and scale of HSBC”, in his view “it is a cast-iron certain[ty] this will happen, at some point in the future we’re going to have some big breach, some regulatory breach”. He added: “I hope it doesn’t happen, but it is likely.” The recorded monitor discussions also touched on problems in the bank’s US compliance team. Hale said: “The internal audit team have done a US review and it’s not great in terms of what they’ve found.” The findings, according to Hale, prompted the bank to terminate the employment of one of the bank’s senior compliance executives in New York, a former sanctions official at the US Treasury. In 2012, a US Senate report noted that a high turnover of compliance staff at the bank’s US subsidiary had made reforms difficult to implement.

Note: Read lots more on HSBC's sweetheart deal with U.S. officials in a Rolling Stone article by Matt Taibbi. Is it even possible to root out corruption in a bank founded to service the international drug trade? For more along these lines, see concise summaries of deeply revealing news articles about systemic corruption in government and the financial industry.

More than 750 plaintiffs are suing the Johns Hopkins Hospital System Corp. over its role in a series of medical experiments in Guatemala in the 1940s and 1950s during which subjects were infected with venereal diseases. The lawsuit in Baltimore seeks $1 billion in damages for individuals, spouses and children of people infected with syphilis, gonorrhea and other sexually transmitted diseases through a U.S. government program between 1945 and 1956. The suit claims Johns Hopkins officials had "substantial influence" over the studies, controlling some advisory panels, and were involved in planning and authorizing the experiments. A Hopkins spokesperson ... confirmed that faculty members took part in reviewing funding applications, but said this did not warrant a lawsuit against the medical center. The statement expressed "profound sympathy for individuals and families impacted by the deplorable 1940s syphilis study conducted by the U.S. Government in Guatemala," and noted that the ethical standards for conducting medical research have changed significantly in the decades since then. It's the latest in a series of lawsuits over the studies. A federal judge in 2012 dismissed a lawsuit against the U.S. government involving the same study.

Note: Explore an excellent list of dozens of studies over the years in which humans were used unknowingly as guinea pigs in clear breach of ethical standards. Links are provided for verification of each study. For more along these lines, see concise summaries of deeply revealing news articles about corruption in the medical industry and in government.

Change.org is a B Corporation — a for-profit company committed to social or environmental goals in addition to its financial obligations. Because the San Francisco firm tries to benefit not just its shareholders, but also society, Change.org is an especially appealing place to work for civic-minded job-seekers, said David Hanrahan, head of global human resources. Hanrahan has an eye toward recruiting Millennials. B (for beneficial) Corporations are the creation of B Lab, a Pennsylvania nonprofit that awards the certification to companies that meet its standards of social and environmental performance, accountability, and transparency. A 2014 Brookings Institution report, “How Millennials Could Upend Wall Street and Corporate America,” found that the “desire on the part of Millennials for their daily work to reflect and be a part of their societal concerns will make it impossible for corporate chieftains to motivate Millennial employees simply by extolling profits.” In 2012 ... California [became] the 28th state to provide a legal structure allowing companies to become certified B Corps. Since then, such firms have flocked to the Bay Area. The region is home to the highest concentration of certified B Corps on the planet. The certification process is a way to tell the difference between “good companies” and good marketing, [consultant Ryan] Honeyman wrote in his book, "The B Corp Handbook: How to Use Business as a Force for Good." Many companies want to do good, but they don’t know how to do it,” said Honeyman. “The B Corp certification process gives them the tools to do so.”

Note: For more along these lines, see this article about B Corps and "stakeholder capitalism" as a solution to the problem of growing income inequality.

The issues surrounding G.M.O.s - genetically modified organisms - became more complicated last week when the International Agency for Research on Cancer declared that glyphosate, the active ingredient in the widely used herbicide Roundup, probably causes cancer in humans. Two insecticides, malathion and diazinon, were also classified as "probable" carcinogens by the agency, a respected arm of the World Health Organization. Roundup, made by Monsanto for both home and commercial use, is crucial in the production of genetically engineered corn and soybean crops, so it was notable that the verdict on its dangers came nearly simultaneously with an announcement by the Food and Drug Administration that new breeds of genetically engineered potato and apple are safe to eat. Few people are surprised that an herbicide in widespread use is probably toxic at high doses or with prolonged exposure, circumstances that may be common among farmers and farmworkers. Nor is it surprising that it took so long - Roundup has been used since the 1970s - to discover its likely carcinogenic properties. There is a sad history of us acting as guinea pigs for the novel chemicals that industry develops. To date, G.M.O.s and other forms of biotech have done nothing but enrich their manufacturers and promote a system of agriculture that's neither sustainable nor for the most part beneficial. We don't need better, smarter chemicals along with crops that can tolerate them; we need fewer chemicals. There's no reason to put the general population, and particularly the farming population, at risk for the sake of industry profits.

Note: Monsanto's Roundup and the GMO crops that support its use are well-known by scientists to be a threat to public health. For more, see concise summaries of deeply revealing news articles on GMO risks and how these are covered up.

Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.