News StoriesExcerpts of Key News Stories in Major Media
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.
A beluga whale has been filmed passing a rugby ball back and forth with crew on a passing boat. The whale was filmed approaching the South African Gemini Craft boat in the Arctic Ocean near the North Pole. A member of the boat's crew threw a rugby ball out the to the whale. The animal grabbed the ball in its mouth before swimming back to the boat. The video has been viewed more than one million times since it was uploaded to Facebook and the footage has spread like wildfire across numerous sites such as Reddit. A number of amazed people have left comments in disbelief of the beluga whale's skills. 'I can't believe what I'm seeing,' one person said. Another one commented: 'How many people can say they've played fetch with a beluga?' The Gemini Crew had earlier been sailing near the Norwegian town of Hammer fest, which recently gained media attention about a possible Russian spy whale swimming in its waters. Russia is understood to have moved a pod of beluga whales to a secret Arctic base before one of the sea creatures reportedly swam to Norway. A beluga was found wearing a harness marked 'equipment of St Petersburg' around the area in April. The sea creature, which had the harness for a camera, was hanging around the port performing tricks for locals in return for food, with many residents joking he had 'defected'. Russia has dismissed claims its 'spy whale' was caught snooping on the fishing vessels of a NATO country.
Note: Don't miss the incredible video of this amazing event. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The War in Iraq cost nearly $2 trillion, roughly $8,000 per U.S. taxpayer, representing 9 percent of the national debt. The current cost to the federal government for conflict zone operations in Iraq is an estimated $1.922 billion ... according to an analysis and a January report from The Cost of Wars project. Without a war tax and few war bonds, direct war spending on post-9/11 wars by the Pentagon resulted in interest payments of about $444 billion, the report estimated. The author warns even if the fighting stopped today, and the Trump Administration pulled out of all ongoing fights in the "Global War on Terror," those cumulative interest payments would continue to rise. If all war spending stopped today the existing war debt would "rise ... to $6.5 trillion by 2050," according to the report's estimates. Over the last 18 years of engagements in South Asia and the Middle East, the American "government has financed this war by borrowing funds," writes Heidi Peltier, the author of the report. War is more costly than just boots on the ground and equipment brought to the theaters of conflict. The physical and emotional trauma incurred by soldiers and those living in war zones is oftentimes incalculable. 4.1 million veterans who served in wars post-9/11 are receiving medical benefits, among other compensation nearing $199 billion, according to reports from the Department of Veterans Affairs.
Note: Read the summary of a highly decorated US general's important book "War is a Racket." He makes clear that the reason we have so much war has little to do with national security and everything to do with padding the pockets of those in the military-industrial complex. For more along these lines, see concise summaries of deeply revealing news articles on war from reliable major media sources.
More than 12 million pounds of medically important antibiotics sold in this country are not for use in humans; they're for livestock. And the antibiotics are driving the spread of drug-resistant bacteria in the animals that can get passed on to us through food. Yet it's almost impossible to get on the farms to conduct inspections and stop infection outbreaks from spreading, even for public health officials. In 2015, Washington state epidemiologist Scott Lindquist investigated an outbreak of antibiotic resistant salmonella tied to roaster pigs. The salmonella was resistant to antibiotics. Lindquist traced the cause of the outbreak to a slaughterhouse. "We come in and we find the bacteria, essentially everywhere," [said Lindquist]. "So I want to go back to the farms and I wanna sample the pigs at the farm." But to his surprise, Lindquist, who was conducting the investigation, was flatly turned down. Thwarted, he says, by the National Pork Producers Council, the lead lobbying group for the $23 billion pork industry. They sent Lindquist a letter denying him access to the farms. Even federal inspectors have trouble getting on farms. They are not allowed on a farm to look for bacteria that make people sick without the farmer's permission. Farmers started using antibiotics decades ago ... to make animals grow faster with less food. In 2017, the Food and Drug Administration told farmers to stop using antibiotics in animals for growth purposes, but ... they are permitted to use them for disease prevention, and there are no reporting requirements.
Note: For lots more, see this informative article. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.
In a squat rig fitted with a 5,000-gallon tank, Peter crisscrosses the expanse of farms and woods near the Ohio/West Virginia/Pennsylvania border, the heart of a region that produces close to one-third of America’s natural gas. He hauls a salty substance called “brine,” a naturally occurring waste product that gushes out of America’s oil-and-gas wells to the tune of nearly 1 trillion gallons a year. At most wells, far more brine is produced than oil or gas, as much as 10 times more. It collects in tanks, and like an oil-and-gas garbage man, Peter picks it up and hauls it off to treatment plants or injection wells, where it’s disposed of by being shot back into the earth. Through a grassroots network of Ohio activists, Peter was able to transfer 11 samples of brine to the Center for Environmental Research and Education at Duquesne University, which had them tested in a lab at the University of Pittsburgh. The results were striking. Radium ... is so dangerous it’s subject to tight restrictions even at hazardous-waste sites. The most common isotopes are radium-226 and radium-228, and the Nuclear Regulatory Commission requires industrial discharges to remain below 60 for each. Four of Peter’s samples registered combined radium levels above 3,500, and one was more than 8,500. Peter’s samples are just a drop in the bucket. Oil fields across the country — from the Bakken in North Dakota to the Permian in Texas — have been found to produce brine that is highly radioactive.
Note: In addition to producing this radioactive waste, fracking employs secret chemical mixtures and poisons drinking water. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
Few news outlets covered the detention of [attorney] Steven Donziger, who won a multibillion-dollar judgment in Ecuador against Chevron over the massive contamination in the Lago Agrio region. On August 6, Donziger left a Lower Manhattan courthouse ... with an electronic monitoring device newly affixed to his ankle. As he was arguing the case against Chevron in Ecuador back in 2009, the company expressly said its long-term strategy was to demonize him. Chevron has hired private investigators to track Donziger, created a publication to smear him, and put together a legal team of hundreds of lawyers from 60 firms. As a result, Donziger has been disbarred and his bank accounts have been frozen. He now has a lien on his apartment, faces exorbitant fines, and has been prohibited from earning money. As of August, a court has seized his passport and put him on house arrest. Despite Donziger�s current predicament, the case against Chevron in Ecuador was a spectacular victory. An Ecuadorian court ruled against Chevron in 2011 and ordered the company to pay $18 billion in compensation, an amount that was later reduced to $9.5 billion. After years of struggling with the health and environmental consequences of oil extraction, the impoverished Amazonian plaintiffs had won a historic judgment from one of the biggest corporations in the world. But ... Chevron immediately made clear that it would not be paying the judgment. Instead, Chevron moved its assets out of the country.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.
The Trump administration announced Friday that it is adding six new countries to the existing travel ban, joining the seven already on the list. The administration’s rationale for the ban is that conditions in those countries, especially the level of terrorism, raised the risk of allowing their citizens into the U.S. to an unacceptable level. But if the administration is correct about the risks posed from the countries on the newly expanded list, why does it continue to allow the U.S. government and companies to sell weapons to more than half of them? During the Trump administration alone, the U.S. has sold Libya, Yemen, Eritrea, Kyrgyzstan, Myanmar, Nigeria and Tanzania (the last five of which are new additions to the travel ban) everything from handguns and automatic weapons to light attack aircraft. Since 2002 the U.S. has sold roughly $409 million worth of these weapons to 10 of these 13 nations despite their troubled political systems, poor human rights records, high levels of corruption and their participation in a range of conflicts. In these places, U.S. arms have not brought stability, much less peace. Instead, in many cases they have led to increased homicide rates and fed state-sponsored violence, and may have exacerbated rather than ameliorated terrorism and civil conflicts. The U.S., for instance, has delivered millions of dollars in weapons to Nigeria since Trump took office and the country is notorious for losing these weapons to Boko Haram - the exact group the weapons are being sold to fight.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.
The Trump administration’s decision this week to expand the use of land mines has baffled and angered humans rights and arms control groups, which say the decision further imperils anyone who may encounter the weapons. In 2018, nearly 20 civilians were killed or injured every day by land mines and other unexploded ordnance remnants, such as cluster munitions. Children represented 40 percent of the casualties. Land mine use and production are banned by 164 countries. The United States is not one of them, but Obama-era restrictions only allowed anti-personnel land mines to be used in defense of the Korean Peninsula. The new Trump policy reverses those regulations. Most land mines that menace civilians are “dumb” or persistent. They can remain dangerous indefinitely until someone — commonly a child or farmer — encounters one. The United States does not have any of these land mines in its inventory, defense officials said. In recent decades, the United States has produced “smart” or nonpersistent mines that can be set to self-destruct in a certain number of minutes, hours or days after they are deployed. Nearly 120,000 “smart,” nonpersistent mines were used in the Gulf War. Even though the Pentagon suggested a low dud rate, anti-personnel and antitank weapons that failed to self-detonate littered Kuwait, a 2002 Government Accountability Office report said. Nearly 2,000 duds were uncovered by contractors working in one sector alone out of seven, the GAO report concluded.
Note: For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.
Gallup’s Jeffrey Jones put things succinctly. “Extreme partisan views of presidents are the new norm in politics,” he wrote in presenting new data on the partisan gulf in approval of President Trump. “The past 15 presidential years account for 14 of the top 15 most polarized years since Gallup began regularly measuring both job approval and party identification in the 1950s.” Since 2010, the average presidential approval rating from an opposing party in a year hasn’t topped 13 percent — and that was in 2010, when President Barack Obama’s approval rating was still slipping from his post-inauguration high. Unlike Obama, Trump didn’t enjoy a period of broader support at the time of his inauguration. Views of Trump have been remarkably consistent by party since he took office. There’s some movement, but not a lot. Data released Tuesday by Quinnipiac University make that clear. In Quinnipiac’s first poll of Trump’s favorability ... about a fifth of Americans had no opinion of his job performance. In the next poll, taken in early February 2017, 42 percent approved of his performance (including 88 percent of Republicans), and 51 percent disapproved (including 90 percent of Democrats). In Tuesday’s poll? Forty-one percent approve (including 86 percent of Republicans), and 55 percent disapprove (including 93 percent of Democrats). This is another interesting aspect of Trump’s approval ratings: More poll respondents have strong views of his presidency, positive or negative, relative to any recent president.
Note: Read an inspiring essay showing how the 1% benefit from polarization around both Trump and Obama. For more along these lines, see concise summaries of deeply revealing news articles from reliable major media sources.
Senior officials at the U.S. Centers for Disease Control and Prevention told staffers to avoid using seven words such as science-based and fetus in budget-related documents. The backlash was swift and strident; headlines accused the CDC of censoring scientific ideas. Documents recently obtained via two Freedom of Information Act (FOIA) requests indicate the CDC and other executive branch agencies ... quietly implement organized strategies to control the flow and tone of scientific information to the press and the public. Moreover, these practices have been in place under both the Trump and Obama administrations. The techniques being used are much more subtle ... than mere censorship. Two agencies under the Department of Health and Human Services umbrella have erected obstacles to reporters access to federal scientists. And by striking backroom deals with favored journalists, press officers try to get reporters to cleave to an official narrative. Meanwhile government workers at the FDA, are also portraying a ... press-restraining practice as a boon to journalists. In a so-called close-hold embargo - exposed by Scientific American in 2016 - a few select journalists are given early access to information; in return they agree to hold off on publishing until the agency gives the go-ahead, and to let officials choose whom the reporter may speak with before the embargo expires. Collectively, these practices at the FDA and CDC are staunching the flow of important science and policy decisions to the public.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and media manipulation from reliable major media sources.
Four times a year, Northview Church asks its members to chip in to a Dollar Club as an object lesson in the power of community. This weekend the Dollar Club also delivered a lesson in the wacky world of medical billing. Using an organization called RIP Medical Debt, the church was able to leverage $20,000 in donations to wipe out $2 million of unpaid medical bills for 2,500 Hoosier families. Founded five years ago, the New York-based organization has eliminated more than $675 million in medical debt for more than 200,000 people. RIP Medical Debt targets families most in need, those who are twice the federal poverty level or who carry debts that are 5% or more of their annual income. The process works in large part because of the structure of medical debt, experts say. “Medical debt has fairly low recovery rates and the amount of money that collectors are willing to sell this debt for is pennies on the dollar,” said Neale Mahoney, a professor of economics at the University of Chicago. The high cost of health care has led to rampant medical debt. About 43 million Americans owe about $75 billion in medical debt, according to RIP Medical Debt, and medical debt plays a role in more than 60 percent of all bankruptcies. As a member of Northview Church, Lisa Sole has been on both the giving and receiving side of the Dollar Club. Sole, now 53, never hesitated to donate when asked. Having gone through a medical crisis herself, Sole said she can only imagine what erasing someone’s medical debt could mean.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
The city of Amsterdam is taking over the debts of its young adults as part of a drive to liberate people who are struggling to get into work or education. A growth in borrowing among young Dutch adults – a trend echoed elsewhere in Europe, including the UK – is said to be standing in the way of them joining the marketplace or completing higher education courses. Under the city’s trial project, a municipal credit bank will negotiate with creditors to buy out the debts. Those on the scheme will then be issued with a loan to repay according to their means. The creditors will be given €750 as an incentive to pass the debt on to the municipality’s bank. The young people will have more of the debt cancelled if they successfully engage in training or an educational programme. “Debts cause a lot of stress. And in the case of young people, debts often determine their future,” said Amsterdam’s deputy mayor, Marjolein Moorman. “The majority of these young people started out in arrears and, due to bad luck or ignorance, found themselves in a situation where they could not get out without help. That is why we are now going to help them so that they can make a new start.” The debt-transfer project will start in February. Each person on the scheme will be given a coach with whom they will prepare a “guidance plan”. More than a third (34%) of Amsterdammers aged between 18 and 34 have debts, according to the official figures.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
Dr. Olawale Sulaiman, 49, is a professor of neurosurgery and spinal surgery and chairman for the neurosurgery department and back and spine center at the Ochsner Neuroscience Institute in New Orleans. He lives in Louisiana, but splits his time between the US and Nigeria, spending up to 12 days each month providing healthcare in the country of his birth - sometimes for free. Born in Lagos Island, Lagos, Sulaiman says his motivation comes from growing up in a relatively poor region. "I am one of 10 children born into a polygamous family. My siblings and I shared one room where we often found ourselves sleeping on a mat on the floor," he told CNN. According to a report by the Global Health Workforce Alliance, Nigeria's healthcare system does not have enough personnel to effectively deliver essential health services to the country's large population. Sulaiman says he wants to use his knowledge to improve the healthcare system. In 2010, Sulaiman established RNZ Global, a healthcare development company with his wife, Patricia. The company provides medical services including neuro and spinal surgery, and offers health courses like first aid CPR in Nigeria and the US. RNZ Global has treated more than 500 patients and provided preventative medicine to up to 5,000 people in the US and Nigeria. RNZ Global also has a not-for-profit arm called RNZ foundation. The foundation, registered in 2019, focuses on managing patients with neurological diseases for free.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
On Wednesday, a Turin, Italy court of appeals agreed with a 2017 lower court ruling stating that excessive mobile phone usage causes brain tumors. "There are solid elements to affirm a causal role between the exposure of the person to radio frequencies from mobile phones and the disease that arose," read the ruling in part, translation from Italian provided by The Guardian. The case in question was filed by former Telecom Italia worker Roberto Romeo, 59, against Italy's National Institute for Insurance Against Workplace Accidents (INAIL), a national insurance provider. Romeo testified that he used cell phones for four to five hours daily during the average work week. He was employed by Telecom Italia for 15 years before he was diagnosed with a benign tumor, neurinoma of the acoustic nerve. He contracted meningitis after the removal of the nerve, as well as suffering damage to 23 percent of his other bodily functions. In the initial ruling, INAIL was ordered to compensate Romeo €500 ($557.42 in U.S. dollars) monthly for the rest of his life. INAIL appealed the decision. The court did not allow lawyers for INAIL to submit studies to the court which were financially supported by telecom companies. Two court-appointed doctors subsequently provided testimony for Romeo's case during the appeals process, producing studies which declared that individuals who spoke on their phones for an average of 30 minutes a day ... increased their risk of developing head tumors. The ruling from the appeals court ordered INAIL to compensate Romeo.
Note: For more information, see this excellent article. For more along these lines, see concise summaries of deeply revealing news articles on the dangers of wireless technologies from reliable major media sources.
Drug company Hoffmann-La Roche ... bilked U.S. federal and state governments out of $1.5 billion by misrepresenting clinical studies and falsely claiming that its well-known influenza medicine Tamiflu was effective at containing potential pandemics, according to a recently unsealed whistleblower lawsuit. The lawsuit claims the drugmaker's scheme involved publishing misleading articles falsely stating that Tamiflu reduces complications, severity, hospitalizations, mortality and transmission of influenza. The company then used those articles to aggressively market the drug to the government for pandemic use. Relying on the supposed truthfulness of Roche's claims, federal and state governments spent about $1.5 billion to stockpile Tamiflu to combat influenza pandemics, according to the complaint. The lawsuit brings claims under the False Claims Act, which allows individuals to bring claims on behalf of the government. Whistleblower Dr. Thomas Jefferson, a physician and public health researcher affiliated with the respected global Cochrane Collaboration research network, has researched neuraminidase inhibitors like Tamiflu for more than two decades. He began questioning Tamiflu's efficacy in 2009 and spearheaded efforts to have the company release the underlying clinical study data. When he finally received the data in 2013, Dr. Jefferson analyzed it and concluded that the clinical data does not support Roche's claims about Tamiflu's effectiveness for use in an influenza pandemic.
Note: Though the major media is ignoring this major allegation, it was reported on the website of the highly respected British Medical Journal. Note also that Former U.S. Sect. of Defense Donald Rumsfeld made $5 million from the sales of Tamiflu. More details are available here. For more along these lines, see concise summaries of deeply revealing news articles on pharmaceutical industry corruption from reliable major media sources.
Julian Assange, the WikiLeaks founder, was charged last year by the Trump administration in connection with the publication of secret United States government documents. On Tuesday, Glenn Greenwald, an American journalist living and working in Brazil, was charged, in a criminal complaint brought by Brazilian prosecutors, with cybercrimes in connection with his stories on private messages among Brazilian officials that revealed corruption and abuses at the highest levels of the government. The case against Mr. Greenwald is eerily similar to the Trump administration’s case against Mr. Assange. Last April, the Justice Department charged Mr. Assange with aiding a source, the former Army intelligence analyst Chelsea Manning, to gain access to a United States military computer database. In May 2019, the charges against him were broadened, and he was indicted under the Espionage Act in connection with the publication of American military and diplomatic documents by WikiLeaks. Both cases are based in part on a new prosecutorial concept — that journalism can be proved to be a crime through a focus on interactions between reporters and their sources. Prosecutors are now scrutinizing the processes by which sources obtain classified or private information and then provide it to journalists. Since those interactions today are largely electronic, prosecutors are seeking to criminalize journalism by turning to anti-hacking laws to implicate reporters in the purported criminal activity of their sources.
Note: For more along these lines, see concise summaries of deeply revealing news articles on judicial system corruption and media manipulation from reliable major media sources.
Jeffrey Epstein’s name was uttered just once in the federal courtroom but his memory hovered like a cloud over Wednesday’s hearing for an ex-cop who shared a cell with him on the day last July when the accused sex trafficker allegedly tried to kill himself. Nicholas Tartaglione faces a possible death penalty if convicted of the gangland-style killing of four men in a soured drug deal. He has become entangled in the Epstein saga — because many found it curious that the most high-profile inmate in the nation would be kept in the same jail cell as an alleged quadruple killer. As Epstein’s cellmate at the time of the July incident ... Tartaglione [is] requesting the surveillance video from outside the jail cell, to prove that he helped save Epstein during the financier’s abortive suicide try. Defense lawyer Bruce Barket said video of the incident would back up Tartaglione’s story that he alerted guards to Epstein’s plight. That fact could be used before a judge and jury. The problem is that the Bureau of Prisons says it no longer has the video. It was accidentally destroyed. The fact that the video is gone, which was reported earlier this month to great consternation, was yet another embarrassment for the Bureau of Prisons. Epstein died weeks later, on Aug. 10, in what was classified as a suicide by hanging, although some, including Epstein’s brother, have suggested it could have been murder. By the time of his death, Epstein had no cellmate and was inexplicably no longer on suicide watch despite the earlier incident.
Note: This New York magazine report has a wealth of information on Jeffrey Epstein's very strange death. Explore a complex yet very informative timeline of Epstein and his relationship to the Mossad and much more. Many links are made here with verifiable information that the major media has failed to report. A drone video also explores the island owned by Epstein and a strange "temple" found there. Lots more available here. For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein from reliable major media sources.
The Duke of York has provided "zero co-operation" to an inquiry into late sex offender Jeffrey Epstein, the prosecutor in charge of the investigation has said. Prosecutors and the FBI have contacted his lawyers but have received no reply, said US attorney Geoffrey Berman. Prince Andrew says he did not see, or suspect, any suspicious behaviour when visiting homes of his then friend. Buckingham Palace said the prince's legal team was dealing with the issue. It said it would not be commenting further. Mr Berman, the US Attorney for the Southern District of New York, said the FBI and Southern District of New York had requested to interview the duke as part of their inquiry into Epstein's crimes, but "to date, Prince Andrew has provided zero co-operation". Prince Andrew has come under fire for his friendship with the US financier, who was jailed in Florida in 2008 for procuring a minor for prostitution. He told BBC Newsnight in November that he first met Epstein in 1999 and did not regret their friendship - which led to Epstein attending events at Windsor Castle and Sandringham - because it had "some seriously beneficial outcomes". Virginia Giuffre, one of Epstein's accusers, says she was trafficked to London by Epstein in 2001, when she was 17, and forced to have sex with Prince Andrew.
Note: Watch an excellent segment by Australia's "60-Minutes" team titled "Spies, Lords and Predators" on a pedophile ring in the UK which leads directly to the highest levels of government. For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein from reliable major media sources.
Ghislaine Maxwell’s private emails have been hacked by cyber criminals in a new twist in the scandal surrounding Prince Andrew’s friendship with a convicted paedophile. The British heiress was targeted after she was publicly accused of procuring young girls for Jeffrey Epstein, legal papers seen by The Telegraph reveal. The security breach raises the prospect that emails between Ms Maxwell and prominent individuals including the Duke of York could be made public, or sold to the highest bidder. Ms Maxwell has barely been seen in public since August, when the U.S. Court of Appeals for the Second Circuit unsealed allegations that she conspired with Epstein to recruit and groom underage girls. Her US lawyers are currently battling the release of around 8,600 further documents from the same civil case, said to contain damaging new sex claims about Epstein’s vast network of celebrity friends. In December it was revealed that Ms Maxwell exchanged emails with Prince Andrew in 2015 about Virginia Giuffre, who accuses the Duke of having sex with her three times when she was aged 17. He has always emphatically denied the allegations. A US judge will decide in the coming weeks whether to unseal the new evidence about Epstein’s alleged crimes. The documents include depositions from 29 people, including a number of new witnesses and reportedly Epstein himself. The Duke of York’s name appears in the evidence along with a number of prominent politicians and businessmen.
Note: For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein from reliable major media sources.
Federal regulators have slapped former Wells Fargo CEO John Stumpf with a $17.5 million fine for his role in the bank’s sales practices scandal. Stumpf also accepted a lifetime ban from the banking industry. Along with its fine against Stumpf, the Office of the Comptroller of the Currency announced Thursday it is suing five other former Wells Fargo executives for a combined total of $37.5 million. This is the first time regulators have punitively punished individual executives for Wells Fargo’s wrongdoing. The San Francisco-based bank has paid hundreds of millions of dollars in fines and penalties for encouraging employees to open up millions of fake accounts in order to meet unrealistic sales goals. As part of their settlements and lawsuits against these Wells’ executives, regulators seek to ban all of them from ever working in the banking industry again. “The root cause of the sales practices misconduct problem was the Community Bank’s business model, which imposed intentionally unreasonable sales goals and unreasonable pressure on its employees to meet those goals and fostered an atmosphere that perpetuated improper and illegal conduct,” the OCC said in its complaint. “Community Bank management intimidated and badgered employees to meet unattainable sales goals year after year, including by monitoring employees daily or hourly and reporting their sales performance to their managers, subjecting employees to hazing-like abuse, and ... terminating employees for failure to meet the goals.”
Note: Though it's great that someone has finally been fined at Wells Fargo, a small time robber gets locked up in jail for years. Why aren't these people who were the cause of huge white collar crime being jailed? For more along these lines, see concise summaries of deeply revealing news articles on financial industry corruption from reliable major media sources.
Through a porthole in a metal tank, I could see a yellow froth churning. It’s a primordial soup of bacteria, taken from the soil and multiplied in the laboratory, using hydrogen extracted from water as its energy source. When the froth was siphoned through a tangle of pipes and squirted on to heated rollers, it turned into a rich yellow flour. This flour is not yet licensed for sale. But the scientists, working for a company called Solar Foods, were allowed to give me some while filming our documentary Apocalypse Cow. Such flours are likely soon to become the feedstock for almost everything. In their raw state, they can replace the fillers now used in thousands of food products. When the bacteria are modified they will create the specific proteins needed for lab-grown meat, milk and eggs. The carbohydrates that remain when proteins and fats have been extracted could replace everything from pasta flour to potato crisps. Research by the thinktank RethinkX suggests that proteins from precision fermentation will be around 10 times cheaper than animal protein by 2035. The result, it says, will be the near-complete collapse of the livestock industry. The new food economy will “replace an extravagantly inefficient system that requires enormous quantities of inputs and produces huge amounts of waste with one that is precise, targeted, and tractable”. Using tiny areas of land, with a massively reduced requirement for water and nutrients, it “presents the greatest opportunity for environmental restoration in human history”.
Note: The above article was written by George Monbiot. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.
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.