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Corporate Corruption News Articles
Excerpts of key news articles on corporate corruption


Below are key excerpts of little-known, yet highly revealing news articles on corporate corruption from the major media. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These articles on corporate corruption are listed by order of importance. You can also explore them ordered by the date of the article or by the date posted. By choosing to educate ourselves, we can build a brighter future.


Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.


After Admitting Mistake, AstraZeneca Faces Difficult Questions About Its Vaccine
2020-11-25, New York Times
https://www.nytimes.com/2020/11/25/business/coronavirus-vaccine-astrazeneca-o...

The announcement this week that a cheap, easy-to-make coronavirus vaccine appeared to be up to 90 percent effective was greeted with jubilation. But since unveiling the preliminary results, AstraZeneca has acknowledged a key mistake in the vaccine dosage received by some study participants, adding to questions about whether the vaccine's apparently spectacular efficacy will hold up under additional testing. Scientists and industry experts said the error and a series of other irregularities and omissions in the way AstraZeneca initially disclosed the data have eroded their confidence in the reliability of the results. The regimen that appeared to be 90 percent effective was based on participants receiving a half dose of the vaccine followed a month later by a full dose; the less effective version involved a pair of full doses. AstraZeneca disclosed in its initial announcement that fewer than 2,800 participants received the smaller dosing regimen, compared with nearly 8,900 participants who received two full doses. Moncef Slaoui, the head of Operation Warp Speed, the U.S. initiative to fast-track coronavirus vaccines, noted another limitation in AstraZeneca's data. On a call with reporters, he suggested that the participants who received the half-strength initial dose had been 55 years old or younger. The fact that the initial half-strength dose wasn't tested in older participants, who are especially vulnerable to Covid-19, could undermine AstraZeneca's case to regulators that the vaccine should be authorized for emergency use.

Note: Learn in this revealing article how vaccine trials are rigged. This article spells out how vaccine makers are above the law and face no consequences for damage from vaccines. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and vaccines from reliable major media sources.


Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine
2020-07-25, MSN News
https://www.msn.com/en-us/money/companies/corporate-insiders-pocket-dollar1-b...

On June 26, a small South San Francisco company called Vaxart made a surprise announcement: A coronavirus vaccine it was working on had been selected by the U.S. government to be part of Operation Warp Speed, the flagship federal initiative to quickly develop drugs to combat Covid-19. The race is on to develop a coronavirus vaccine, and some companies and investors are betting that the winners stand to earn vast profits from selling hundreds of millions – or even billions – of doses to a desperate public. Across the pharmaceutical and medical industries, senior executives and board members ... are making millions of dollars after announcing positive developments, including support from the government, in their efforts to fight Covid-19. After such announcements, insiders from at least 11 companies – most of them smaller firms whose fortunes often hinge on the success or failure of a single drug – have sold shares worth well over $1 billion since March. Senior officials appear to be pouncing on opportunities to cash out. And some companies have awarded stock options to executives shortly before market-moving announcements about their vaccine progress. Some companies are attracting government scrutiny for ... using their associations with Operation Warp Speed as marketing ploys. Vaxart's news release declared: "Vaxart's Covid-19 Vaccine Selected for the U.S. Government's Operation Warp Speed." But Vaxart is not among the companies selected to receive significant financial support from Warp Speed.

Note: MSN strangely removed this article a few days after posting it. A similar article by the New York Times titled "The race for a coronavirus vaccine is making some corporate insiders very rich" is available here. For more along these lines, see concise summaries of deeply revealing news articles on big Pharma corruption and the coronavirus from reliable major media sources.


Fresh Cambridge Analytica leak ‘shows global manipulation is out of control’
2020-01-04, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/uk-news/2020/jan/04/cambridge-analytica-data-leak...

An explosive leak of tens of thousands of documents from the defunct data firm Cambridge Analytica is set to expose the inner workings of the company that collapsed after the Observer revealed it had misappropriated 87 million Facebook profiles. More than 100,000 documents relating to work in 68 countries that will lay bare the global infrastructure of an operation used to manipulate voters on “an industrial scale” are set to be released over the next months. The documents were revealed to have come from Brittany Kaiser, an ex-Cambridge Analytica employee turned whistleblower, and to be the same ones subpoenaed by Robert Mueller’s investigation into Russian interference in the 2016 presidential election. Kaiser ... decided to go public after last month’s election in Britain. “It’s so abundantly clear our electoral systems are wide open to abuse,” she said. “I’m very fearful about what is going to happen in the US election later this year.” Kaiser said the Facebook data scandal was part of a much bigger global operation that worked with governments, intelligence agencies, commercial companies and political campaigns to manipulate and influence people. The unpublished documents contain material that suggests the firm was working for a political party in Ukraine in 2017 even while under investigation as part of Mueller’s inquiry and emails that Kaiser says describe how the firm helped develop a “sophisticated infrastructure of shell companies that were designed to funnel dark money into politics”.

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


World's Leading ICU Doctor Files Lawsuit Against Hospital System After Being Barred from Administering Proven COVID-19 Treatments
2021-11-10, Yahoo! News
https://www.yahoo.com/now/flccc-tells-children-health-defense-144600640.html

Paul Marik, MD, one of the most highly published critical care physicians in the world and the Director of the ICU at Sentara Norfolk General Hospital, was recently told by Sentara Healthcare that he could no longer administer a range of highly effective COVID-19 treatments to critically ill patients - the same treatments he has successfully used to reduce COVID deaths in the ICU by as much as 50%. The result of the prohibition has been a sharp increase in patient mortality. Because Dr. Marik can no longer stand by while patients needlessly die without proper treatment, he has filed a lawsuit to allow him and his colleagues to administer the combination of FDA-approved drugs and other therapies that has saved thousands of critically ill COVID-19 patients in the last 18 months. The Complaint filed today in the Circuit Court for the City of Norfolk, Virginia states that Sentara Healthcare is "preventing terminally ill COVID patients from exercising their right to choose and to receive safe, potentially life-saving treatment determined to be appropriate for them by their attending physician." Under Virginia law, every patient has the right to receive treatment deemed appropriate for them by their attending physician, and terminally ill patients have the right to try investigational medicines that their treating physician recommends. Through its arbitrary prohibition of the COVID-19 treatment protocol ... Sentara is violating the law and unjustly depriving critically ill patients of lifesaving treatment.

Note: Watch a video detailing successes with these treatments and obstruction by authorities of these life-saving treatments. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.


Why Billionaires Like Bill Gates Can't Fix the Problems They Helped Create
2021-05-25, New York Times
https://www.nytimes.com/2021/05/25/opinion/bill-melinda-gates-foundation.html

For years, the Gates Foundation has been steered by an unusually small board of trustees, made up of Bill, his estranged wife, Melinda, and the billionaire investor Warren Buffett. The larger the foundation became, the less anyone seemed willing to ask tough questions about its secretive management structure or its penchant for giving money to lucrative pharmaceutical and credit card companies such as Mastercard, despite the fact that giving away billions to wealthy corporations set an unusual and troubling precedent in the philanthropic sector. Billionaires who make their fortunes through corporate practices that undercut workers and deepen inequality – like corporate tax avoidance, insufficient sick pay and the immoral gap in pay between executives and low-paid workers – are not the solution to problems they generate. Asking Bill Gates to fix inequality is like asking an arsonist to hose down your house after he just set it on fire. In April last year, the University of Oxford was reportedly considering offering a Covid-19 vaccine developed by its scientists on a nonexclusive basis. But then, Kaiser Health News reported, "Oxford – urged on by the Bill & Melinda Gates Foundation – reversed course. It signed an exclusive vaccine deal with AstraZeneca that gave the pharmaceutical giant sole rights and no guarantee of low prices." This dealmaking .. seemed to conflict with the Gates Foundation's stated mission to improve global access to medicines, but it's not surprising.

Note: Read more about the Gates Foundation's startling degree of media influence during the pandemic. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the coronavirus vaccine from reliable major media sources.


Yes, your phone is taking 'invisible' pictures of you
2021-05-15, ABC News (Utah affiliate)
https://www.abc4.com/news/tech-social-media/yes-your-iphone-is-taking-invisib...

A video showing a mobile device snapping infrared images of an iPhone user is circulating around the internet. In the Tik Tok shared by user Brie Thomason, a digital camera using an infrared lens is seen filming an iPhone user observing their home screen. As the iPhone user stares blatantly at the device, Thomason's digital camera captures the iPhone snapping multiple infrared images every 5-10 seconds. While this discovery may cause some users to panic, Apple claims this is actually just an aspect of the iPhone that allows users to control their face ID and Animoji (the animated emoji function). According to Apple, this feature was first debuted as the iPhone X's most groundbreaking function; since it is not even discernible at first glance, even though it literally stares you in the face. The company calls this feature: the new TrueDepth IR camera. This camera, housed in the black notch at the top of the display, includes a number of high-tech components such as a "flood illuminator," infrared (IR) camera, and an infrared emitter. Officials say as an iPhone is used, the latter emits 30,000 infrared dots in a known pattern when a face is detected, enabling the iPhone X to generate a 3D map of a user's face. According to the team, this TrueDepth IR camera can also do this fast enough to support the creation of 3D motion data as well. So, yes, your iPhone is essentially taking "invisible" photos of you, but not for the reasons you would think.

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.


CEOs of public U.S. firms earn 320 times as much as workers. Even some CEOS say the gap is too big.
2021-04-07, NBC News
https://www.nbcnews.com/business/corporations/ceos-public-u-s-firms-earn-320-...

Research Medical's owner, HCA Healthcare Inc., is a profitable, publicly traded network of 185 hospitals. Even in the year of Covid-19, 2020, the company generated $51.5 billion in revenue and increased its pretax earnings by 3.6 percent. That performance helped boost the total compensation HCA's chief executive, Samuel N. Hazen, received last year to $30.4 million, a 13 percent rise from 2019. The total worth of his compensation package equaled 556 times the compensation received by the median employee at HCA – $54,651. The figures highlight the growing CEO pay gap, a problem among many public companies according to some investors and workers and even a few CEOs. In 2019, for example, the average pay ratio among 350 large American companies was 320-to-1, according to research by the Economic Policy Institute. In 1989, the average was 61-to-1. Because [Jamelle] Brown, [an] emergency department worker, makes even less than the median, Hazen got roughly 1,000 times Brown's pay. Brown says he lives with his sister because he doesn't earn enough from his job at Research Medical to pay for his own apartment. HCA isn't alone in paying its chief executive vastly more than what rank-and-file workers earn. Acuity Brands, an industrial technology company, paid its CEO, Neil M. Ashe, $21 million last year, or 2,316 times the median employee's pay. Starbucks ... paid its CEO, Kevin Johnson, $14.7 million last year. That was 1,211 times the pay of its median employee.

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


America's biggest companies are flourishing during the pandemic and putting thousands of people out of work
2020-12-16, Washington Post
https://www.washingtonpost.com/graphics/2020/business/50-biggest-companies-co...

With few exceptions, big businesses are having a very different year from most of the country. Between April and September, one of the most tumultuous economic stretches in modern history, 45 of the 50 most valuable publicly traded U.S. companies turned a profit. Despite their success, at least 27 of the 50 largest firms held layoffs this year, collectively cutting more than 100,000 workers. Corporate leaders are touting their success and casting themselves as leaders on the road to economic recovery. Many of their firms have put Americans out of work and used their profits to increase the wealth of shareholders. 21 big firms that were profitable during the pandemic laid off workers anyway. Berkshire Hathaway raked in profits of $56 billion during the first six months of the pandemic while one of its subsidiary companies laid off more than 13,000 workers. Salesforce, Cisco Systems and PayPal cut staff even after their chief executives vowed not to do so. Companies sent thousands of employees packing while sending billions of dollars to shareholders. Walmart, whose CEO spent the past year championing the idea that businesses "should not just serve shareholders," nonetheless distributed more than $10 billion to its investors during the pandemic while laying off 1,200 corporate office employees. Economists estimate at least 100,000 small businesses permanently closed in the first two months of the pandemic alone.

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


Why The Social Dilemma is the most important documentary of our times
2020-09-18, The Independent (One of the UK's leading newspapers)
https://www.independent.co.uk/arts-entertainment/films/features/social-dilemm...

Netflix’s brilliant new 90-minute docu-drama, The Social Dilemma ... might be the most important watch of recent years. The film, which debuted at Sundance Film Festival in January, takes a premise that’s unlikely to set the world alight ... ie that Facebook, Twitter, Instagram et al aren’t exactly creating a utopia. Its masterstroke is in recruiting the very Silicon Valley insiders that built these platforms to explain their terrifying pitfalls – which they’ve realised belatedly. You don’t get a much clearer statement of social media’s dangers than an ex-Facebook executive’s claim that: “In the shortest time horizon I’m most worried about civil war.” The commonly held belief that social media companies sell users’ data is quickly cast aside – the data is actually used to create a sophisticated psychological profile of you. What they’re selling is their ability to manipulate you, or as one interviewee puts it: “It’s the gradual, slight, imperceptible change in your own behaviour and perception. It’s the only thing for them to make money from: changing what you do, how you think, who you are.” Despite it being public knowledge that Vote Leave and Trump’s 2016 election campaign harvested voters’ Facebook data on a gigantic scale, The Social Dilemma still manages to find fresh and vital tales of how these platforms destabilise modern politics. Russia’s Facebook hack to influence the 2016 US election? “The Russians didn’t hack Facebook. They used the tools that Facebook made for legitimate advertisers,” laments one of the company’s ex-investors.

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


Gilead's $2,340 price for coronavirus drug draws criticism
2020-06-29, San Francisco Chronicle/Associated Press
https://www.sfgate.com/news/article/Gilead-prices-coronavirus-drug-at-2-340-f...

The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States and other developed countries. Gilead Sciences announced the price Monday for remdesivir, and said the price would be $3,120 for patients with private insurance. The amount that patients pay out of pocket depends on insurance, income and other factors. The price was swiftly criticized; a consumer group called it “an outrage” because of the amount taxpayers invested toward the drug's development. In 127 poor or middle-income countries, Gilead is allowing generic makers to supply the drug; two countries are doing that for around $600 per treatment course. The drug, given through an IV, interferes with the coronavirus’s ability to copy its genetic material. In a U.S. government-led study, remdesivir shortened recovery time by 31% — 11 days on average versus 15 days for those given just usual care. Peter Maybarduk, a lawyer at the consumer group Public Citizen, called the price “an outrage.” “Remdesivir should be in the public domain” because the drug received at least $70 million in public funding toward its development, he said. “The price puts to rest any notion that drug companies will ‘do the right thing’ because it is a pandemic,” Dr. Peter Bach, a health policy expert ... said. “The price might have been fine if the company had demonstrated that the treatment saved lives. It didn’t.”

Note: The March coronavirus package passed in the U.S. "not only omitted language that would have limited drug makers’ intellectual property rights, it specifically prohibited the federal government from taking any action if it has concerns that the treatments or vaccines developed with public funds are priced too high." While many suffer economically from the virus, big Pharma is raking in big bucks. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and the coronavirus from reliable major media sources.


Life, Death and Insulin
2019-01-07, Washington Post
https://www.washingtonpost.com/news/magazine/wp/2019/01/07/feature/insulin-is...

The global insulin market is dominated by three companies: Eli Lilly, the French company Sanofi and the Danish firm Novo Nordisk. All three have raised list prices to similar levels. According to IBM Watson Health data, Sanofi’s popular insulin brand Lantus was $35 a vial when it was introduced in 2001; it’s now $270. Novo Nordisk’s Novolog was priced at $40 in 2001, and as of July 2018, it’s $289. The companies appear to have increased [prices] in lockstep over a number of years, prompting allegations of price fixing. All three companies denied these charges. (In 2010, Mexico fined Eli Lilly and three Mexican companies for price collusion on insulin, an allegation Eli Lilly also denied.) In the United States, a federal prosecutor and at least five state attorneys general are currently investigating the companies’ pricing practices. There is also another, less known corporate entity in the mix: pharmacy benefit managers (PBMs), which include Express Scripts, OptumRx and CVS Health; all are now named in lawsuits on high insulin prices. These corporate entities are powerful special interests. In 2017, the pharmaceutical and health product industry ... spent nearly $280 million on lobbying, the biggest spender by far of 20 top industries, according to the Center for Responsive Politics. The industry also has a revolving door to government. Alex Azar, the head of the Department of Health and Human Services, was the president of Eli Lilly’s U.S. division until 2017.

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


Banks Pressure Health Care Firms to Raise Prices on Critical Drugs, Medical Supplies for Coronavirus
2020-03-19, The Intercept
https://theintercept.com/2020/03/19/coronavirus-vaccine-medical-supplies-pric...

Investment bankers have pressed health care companies on the front lines of fighting the novel coronavirus, including drug firms developing experimental treatments and medical supply firms, to consider ways that they can profit from the crisis. The largest voices in the health care industry stand to gain from billions of dollars in emergency spending on the pandemic, as do the bankers and investors who invest in health care companies. Over the past few weeks, investment bankers have been candid on investor calls and during health care conferences about the opportunity to raise drug prices. Executives joked about using the attention on Covid-19 to dodge public pressure on the opioid crisis. Health and Human Services Secretary Alex Azar previously served as president of the U.S. division of drug giant Eli Lilly and on the board of the Biotechnology Innovation Organization, a drug lobby group. During a congressional hearing ... Azar rejected the notion that any vaccine or treatment for Covid-19 should be set at an affordable price. "We can't control that price because we need the private sector to invest," said Azar. "The priority is to get vaccines and therapeutics. Price controls won't get us there." The initial $8.3 billion coronavirus spending bill passed in early March ... contained a provision that prevents the government from delaying the introduction of any new pharmaceutical to address the crisis over affordability concerns. The legislative text was shaped, according to reports, by industry lobbyists.

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


Is overuse of antibiotics on farms worsening the spread of antibiotic-resistant bacteria?
2020-01-05, CBS News
https://www.cbsnews.com/news/is-overuse-of-antibiotics-on-farms-worsening-the...

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.


How Monsanto's 'intelligence center' targeted journalists and activists
2019-08-08, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/business/2019/aug/07/monsanto-fusion-center-journ...

Monsanto operated a “fusion center” to monitor and discredit journalists and activists, and targeted a reporter who wrote a critical book on the company, documents reveal. The records reviewed by the Guardian show Monsanto adopted a multi-pronged strategy to target Carey Gillam, a Reuters journalist who investigated the company’s weedkiller and its links to cancer. Monsanto, now owned by the German pharmaceutical corporation Bayer, also monitored a not-for-profit food research organization through its “intelligence fusion center”, a term that the FBI and other law enforcement agencies use for operations focused on surveillance and terrorism. The documents, mostly from 2015 to 2017, were disclosed as part of an ongoing court battle on the health hazards of the company’s Roundup weedkiller. Monsanto planned a series of “actions” to attack a book authored by Gillam prior to its release, including ... directing “industry and farmer customers” on how to post negative reviews. Monsanto paid Google to promote search results for “Monsanto Glyphosate Carey Gillam” that criticized her work. Monsanto “fusion center” officials wrote a lengthy report about singer Neil Young’s anti-Monsanto advocacy. The internal records don’t offer significant detail on the activities or scope of the fusion center, but ... government fusion centers have increasingly raised privacy concerns surrounding the way law enforcement agencies collect data, surveil citizens and share information.

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.


America's new voting machines bring new fears of election tampering
2019-04-22, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2019/apr/22/us-voting-machines-paper-ball...

For almost 17 years, states and counties around the country have conducted elections on machines that have been repeatedly shown to be vulnerable to hacking, errors and breakdowns, and that leave behind no proof that the votes counted actually match the votes that were cast. Now ... states and counties across the country are working to replace these outdated machines with new ones. The purchases replace machines from the turn of the century that raise serious security concerns. But the same companies that made and sold those machines are behind the new generation of technology, and a history of distrust between election security advocates and voting machine vendors has led to a bitter debate over the viability of the new voting equipment. The draw of the new machines, called ballot-marking devices (BMD), is the promise of a paper ballot. But there are concerns with the integrity of the paper trail a BMD would create at every stage. Many BMD models on the market print a sort of two-in-one ballot with one section to be read by machines and another to be read by humans. Barcodes – or QR codes – that represent a voter’s choices are printed on the ballot along with plain text showing, presumably, the same information in a way people can understand. When the ballot is scanned, it is the barcode that is scanned and counted, not the text that voters can read. If a barcode is printed that represents a different choice, or the scanners were hacked, voters would not know the difference.

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


Companies spent nearly $30 billion in one year marketing medical products to Americans
2019-01-09, Los Angeles Times
https://www.latimes.com/science/sciencenow/la-sci-sn-medical-marketing-money-...

Drug makers and other healthcare companies spent almost $30 billion in a single year to influence the medical choices made by Americans and steer them toward treatments that were newer, vastly more expensive and sometimes riskier than their tried-and-true alternatives, new research shows. The 2016 expenditures paid for TV commercials, sponsorships of patients' groups, promotional meetings for doctors, free drug samples and perks for prescribers. The amount represents a 70% increase since 1997, when drug companies began making direct appeals to American consumers. The study ... offers the most comprehensive accounting of healthcare marketing efforts to date. It traces broad shifts in the media and regulatory environment in which health companies operate, as well as the drugs and services – including erectile dysfunction pills, DNA testing kits and robotic surgery services – they are keen to sell. While lawmakers and regulators have tried to counter the impact of healthcare marketing in recent years, the reforms have had little effect on an industry that accounts for nearly 18% of the country's gross domestic product. The drug industry has increasingly turned to a more indirect approach in its marketing: sponsoring disease-awareness campaigns. Such campaigns, in which a company sponsors ads that do not name a particular medication, rose from 44 in 1997 to 401 in 2016, with an attendant spending increase from $177 million to $430 million.

Note: The pharmaceutical industry provides 75% of television advertising revenue when many countries do not allow drug advertising. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering from reliable major media sources.


Ronan Farrow’s Ex-Producer Says NBC Impeded Weinstein Reporting
2018-08-30, New York Times
https://www.nytimes.com/2018/08/30/business/media/ronan-farrow-weinstein-prod...

In October, when Ronan Farrow published his first article in The New Yorker on the alleged transgressions of Harvey Weinstein, people in the media and entertainment industries wondered how NBC had missed the story. After all, Mr. Farrow had spent months gathering material on the mogul when he was with NBC News. Now a producer who worked closely with Mr. Farrow has accused the network of putting a stop to the reporting, saying the order came from “the very highest levels of NBC.” Rich McHugh, the producer, who recently left his job in the investigative unit of NBC News, is the first person affiliated with NBC to publicly charge that the network impeded his and Mr. Farrow’s efforts to nail down the story of Mr. Weinstein’s alleged sexual misconduct. He called the network’s handling of the matter “a massive breach of journalistic integrity.” “Three days before Ronan and I were going to head to L.A. to interview a woman with a credible rape allegation against Harvey Weinstein, I was ordered to stop, not to interview this woman,” Mr. McHugh said. “And to stand down on the story altogether.” There was a point in our reporting where I felt there were obstacles to us reporting this externally, and there were obstacles to us reporting this internally,” the producer said. “Externally, I had Weinstein associates calling me repeatedly. I knew that Weinstein was calling NBC executives directly. One time it even happened when we were in the room.”

Note: NBC's chief executive stepped down amid sexual harassment claims 10 days after this article came out. For more along these lines, see concise summaries of deeply revealing news articles on media corruption and sexual abuse scandals.


US CEOs earned 312 times more than workers in 2017: Study
2018-08-17, ABC News
https://abcnews.go.com/Business/us-ceos-earned-312-times-workers-2017-study/s...

CEOs at the 350 largest U.S. companies received 312 times as much in compensation as typical employees in 2017, according to a study released Thursday. The average chief executive received $18.9 million last year, a 17.6 percent increase from 2016, as the wages of a typical worker rose just 0.3 percent, according to research by the Economic Policy Institute, a Washington-based think tank. The highest CEO-to-worker pay ratio ever recorded is 344-to-1, in 2000. In 1965, it was 20-to-1. In 1989, it was 58-to-1. "CEO compensation has grown far faster than stock prices or corporate profits," EPI said in an online summary of the findings. "CEO compensation rose by 979 percent [based on stock options granted] or 1,070 percent [based on stock options realized] between 1978 and 2017. ... Higher CEO pay does not reflect correspondingly higher output or better firm performance. Exorbitant CEO pay therefore means that the fruits of economic growth are not going to ordinary workers."

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


Google found to track the location of users who have opted out
2018-08-13, NBC/AP
https://www.nbcnews.com/tech/tech-news/google-tracks-your-movements-it-or-not...

Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found that many Google services on Android devices and iPhones store your location data even if you've used privacy settings that say they will prevent it from doing so. Computer-science researchers at Princeton confirmed these findings at the AP's request. Storing your minute-by-minute travels carries privacy risks. So the company will let you "pause" a setting called Location History. Google's support page on the subject states: "You can turn off Location History at any time. With Location History off, the places you go are no longer stored." That isn't true. Even with Location History paused, some Google apps automatically store time-stamped location data without asking. For example, Google stores a snapshot of where you are when you merely open its Maps app. And some searches that have nothing to do with location, like "chocolate chip cookies," or "kids science kits," pinpoint your precise latitude and longitude - accurate to the square foot - and save it to your Google account. Since 2014, Google has let advertisers track the effectiveness of online ads at driving foot traffic, a feature that Google has said relies on user location histories. The company is pushing further into such location-aware tracking to drive ad revenue, which rose 20 percent last year to $95.4 billion.

Note: This article instructs you how to effectively delete Google's tracking of your movements. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the disappearance of privacy.


Tech Companies Banned Infowars. Now, Its App Is Trending.
2018-08-08, New York Times
https://www.nytimes.com/2018/08/08/technology/infowars-app-trending.html

Just days after Google, Facebook and Apple purged videos and podcasts from the right-wing conspiracy site Infowars from their sites, the Infowars app has become one of the hottest in the country. On Wednesday, Infowars was the No. 1 overall “trending” app on the Google Play store. Among news apps, Infowars was No. 3 on Apple and No. 5 on Google, above all mainstream news organizations. The Infowars app, which includes news articles and the shows of the conspiracy theorist Alex Jones, had likely been downloaded a few hundred to a few thousand times a day on average after its introduction last month, said Randy Nelson ... at Sensor Tower, which tracks app data. Now, it is likely getting 30,000 to 40,000 downloads a day, Mr. Nelson estimated. “This is such a niche app with niche content, that for it to make that sort of jump means it has become very interesting to a much broader audience,” said Jonathan Kay, a co-founder of Apptopia, an app analytics firm. “Essentially, it’s gone from being niche to being mainstream.” Mr. Jones has achieved infamy and financial success for spreading lies. Many of his most outlandish claims are made during his show, which runs live for four hours each weekday and is streamed and rebroadcast across the internet. YouTube, Facebook, Spotify and Apple’s podcasts service were all important distribution points for the show.

Note: How many other conspiracy websites will be shut down for "spreading lies"? What happened to freedom of speech? Will the major media be shut down for "spreading lies" of it own? For more along these lines, see concise summaries of deeply revealing media manipulation news articles from reliable major sources.


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