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Revealing News For a Better World

Corporate Corruption Media Articles
Excerpts of Key Corporate Corruption Media Articles 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: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


Move fast, kill things: the tech startups trying to reinvent defence with Silicon Valley values
2025-03-29, The Guardian (One of the UK's Leading Newspapers)
https://www.theguardian.com/world/2025/mar/29/move-fast-kill-things-the-tech-...

Skydio, with more than $740m in venture capital funding and a valuation of about $2.5bn, makes drones for the military along with civilian organisations such as police forces and utility companies. The company moved away from the consumer market in 2020 and is now the largest US drone maker. Military uses touted on its website include gaining situational awareness on the battlefield and autonomously patrolling bases. Skydio is one of a number of new military technology unicorns – venture capital-backed startups valued at more than $1bn – many led by young men aiming to transform the US and its allies' military capabilities with advanced technology, be it straight-up software or software-imbued hardware. The rise of startups doing defence tech is a "big trend", says Cynthia Cook, a defence expert at the Center for Strategic and International Studies, a Washington-based-thinktank. She likens it to a contagion – and the bug is going around. According to financial data company PitchBook, investors funnelled nearly $155bn globally into defence tech startups between 2021 and 2024, up from $58bn over the previous four years. The US has more than 1,000 venture capital-backed companies working on "smarter, faster and cheaper" defence, says Dale Swartz from consultancy McKinsey. The types of technologies the defence upstarts are working on are many and varied, though autonomy and AI feature heavily.

Note: For more, watch our 9-min video on the militarization of Big Tech.


A Mysterious Startup Is Developing a New Form of Solar Geoengineering
2025-03-22, Wired
https://www.wired.com/story/a-mysterious-startup-is-developing-a-new-form-of-...

In July 2012, a renegade American businessman, Russ George, took a ship off the coast of British Columbia and dumped 100 tons of iron sulfate dust into the Pacific Ocean. He had unilaterally, and some suggest illegally, decided to trigger an algae bloom to absorb some carbon dioxide from the atmosphere–an attempt at geoengineering. Now a startup called Stardust seeks something more ambitious: developing proprietary geoengineering technology that would help block sun rays from reaching the planet. Stardust formed in 2023 and is based in Israel but incorporated in the United States. Geoengineering projects, even those led by climate scientists at major universities, have previously drawn the ire of environmentalists and other groups. Such a deliberate transformation of the atmosphere has never been done, and many uncertainties remain. If a geoengineering project went awry, for example, it could contribute to air pollution and ozone loss, or have dramatic effects on weather patterns, such as disrupting monsoons in populous South and East Asia. Stardust ... has not publicly released details about its technology, its business model, or exactly who works at its company. But the company appears to be positioning itself to develop and sell a proprietary geoengineering technology to governments that are considering making modifications to the global climate–acting like a kind of defense contractor for climate alteration.

Note: Regenerative farming is far safer and more promising than geoengineering for stabilizing the climate. For more along these lines, read our concise summaries of news articles on geoengineering and science corruption.


US FDA announces online database to track food contaminants
2025-03-20, Yahoo News
https://www.yahoo.com/news/us-fda-announces-online-database-195201543.html

The U.S. Food and Drug Administration on Thursday launched an online searchable database listing contaminant levels in human foods, reflecting Health Secretary Robert F. Kennedy Jr.'s ongoing efforts to reduce chemicals in food since taking office. The FDA said if a food product has contaminants exceeding established levels, the agency may find the food to be unsafe. However, it added these levels do not represent "permissible levels of contamination". The Health Secretary has often stressed reducing chemicals in food and, in the previous week, directed the FDA to revise safety rules to help eliminate a provision allowing companies to self-affirm food ingredient safety. RFK Jr. also told food companies ... that the Trump administration wanted artificial dyes out of the food supply. The FDA said it is establishing an online database called "Chemical Contaminants Transparency Tool" to provide a list of contaminant levels called "tolerances, action levels and guidance levels" to evaluate the potential health risks of these contaminants in human foods. "Ideally there would be no contaminants in our food supply, but chemical contaminants may occur in food when they are present in the growing, storage or processing environments," said Acting FDA Commissioner Sara Brenner. The online database also provides information such as the contaminant name, commodity and contaminant level type.

Note: Read more about the growing list of toxic chemicals banned in other countries but not the US. For more along these lines, read our concise summaries of news articles on food system corruption and toxic chemicals.


The Cover Up Coverup
2025-03-19, The Lever
https://www.levernews.com/the-cover-up-coverup/

Juliet Gray never thought her makeup could harm her. But after years of regularly applying powders, eye shadow, and blush, Gray was diagnosed with peritoneal mesothelioma, an aggressive, incurable form of cancer. The cancer's primary cause is long-term exposure to asbestos – a common contaminant in talc, one of the main ingredients in well-known cosmetic brands. Like thousands of others, Gray is suing Whittaker, Clark, & Daniels, a longtime talc supplier for cosmetic companies like Revlon, Maybelline, and L'OrĂ©al, alleging it exposed her to harmful levels of asbestos without her knowledge. In 2007, three years after Whittaker, Clark, & Daniels ceased talc operations amid mounting health concerns, a Berkshire Hathaway subsidiary purchased the company's equity. But in 2023, as the "deluge" of asbestos lawsuits continued to climb, the former talc supplier filed for bankruptcy – a legal maneuver known as the Texas Two-Step in which giant corporations use bankruptcy courts to shield themselves from legal liabilities. Over the years, Berkshire Hathaway has faced dozens of lawsuits alleging that "Berkshire-owned companies wrongfully delay or deny compensation to cancer victims and others to boost Berkshire's profits," according to a 2013 investigation. But by 2011, the company found itself facing an increasing number of lawsuits alleging tainted cosmetic talc had caused mesothelioma, eventually racking up $300 million in claim bills.

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


An ICE Contractor Is Worth Billions. It's Still Fighting to Pay Detainees as Little as $1 a Day to Work.
2025-03-19, ProPublica
https://www.propublica.org/article/geo-group-ice-detainees-wage

The for-profit prison company GEO Group has surged in value under President Donald Trump. Its stock price doubled after Election Day. But despite its soaring fortunes, the $4 billion company continues to resist having to pay detainees more than $1 a day for cleaning facilities where the government has forced them to live. At the 1,575-bed detention center GEO runs for Immigration and Customs Enforcement in Tacoma, Washington, detainees once prepared meals, washed laundry and scrubbed toilets, doing jobs that would otherwise require 85 full-time employees, the company estimated. The state's minimum wage at the time was $11 an hour. (It's now $16.66.) In 2017, Washington sued GEO to enforce it, and in October 2021 a federal jury ruled unanimously in the state's favor. This year, GEO and Washington are back in court – for a third time – as the company tries to reverse the earlier decision that sided with the state. Mike Faulk, a spokesperson for the Washington state attorney general's office, said testimony in the minimum-wage issue highlights the problem with housing detainees in private prisons: profit motive. Not only did GEO pay $1 a day for cleaning in Tacoma, it budgeted less than $1 per meal that each detainee ate, one kitchen worker testified. "So the grade of food is abysmal," Faulk said of the detainee's testimony. "He routinely picked out grasshoppers/insects from the food." Conditions in Tacoma are worsening as the number of detainees rises.

Note: For more along these lines, read our concise summaries of news articles on corporate corruption and immigration enforcement corruption.


How TD Became America's Most Convenient Bank for Money Launderers
2025-03-18, Bloomberg
https://www.bloomberg.com/news/features/2025-03-18/the-criminal-money-launder...

Da Ying "David" Sze walked out of a four-story concrete warehouse in Queens, New York, carrying several bags full of money. Federal agents had been surveilling him for months. They suspected him of leading a gang of money launderers whose clients included Chinese fentanyl dealers. Most of that business had been conducted at one institution: TD Bank. When investigators looked closer at the bank, they realized Sze wasn't the only criminal who'd made TD their depository of choice. There was the group from Manhattan's Diamond District using bogus gold sales to launder money. The Colombian drug traffickers using TD debit cards to bring their US profits back home. And the human trafficking ring that claimed to be an HVAC company when it opened an account. The more investigators looked at TD, the more money laundering they found. Last year, TD's American subsidiary became the first US bank ever to plead guilty to conspiracy to commit money laundering. The company agreed to pay $3.1 billion in fines to various parts of the federal government, a sum that included the biggest penalty ever levied by the Department of Justice under the Bank Secrecy Act, the main US anti-money-laundering law. More than two dozen people, including three bank employees, have already been charged. US authorities have also imposed an asset cap on TD's American retail operations, limiting their size indefinitely. This is among the most feared punishments in banking.

Note: Read our Substack on the dark truth about the war on drugs. For more along these lines, read our concise summaries of news articles on financial industry corruption and the war on drugs.


Covid vaccine damage consultants paid more than victims
2025-03-16, The Telegraph (One of the UK's Leading Newspapers)
https://www.telegraph.co.uk/news/2025/03/16/covid-vaccine-damage-consultants-...

Consultants assessing Covid vaccine damage claims on behalf of the NHS have been paid millions more than the victims, it has emerged. Freedom of Information requests made by The Telegraph show that US-based Crawford and Company has carried out nearly 13,000 medical assessments, but dismissed more than 98 per cent of cases. Just 203 claimants have been notified they are entitled to a one-off payment of Ł120,000 through the Vaccine Damage Payment Scheme (VDPS) amounting to Ł24,360,000. Yet Crawford and Company has received Ł27,264,896 for its services. Prof Richard Goldberg, chairman in law at Durham University, with a special interest in vaccine liability and compensation, said: "The idea that this would be farmed out to a private company to make a determination is very odd. It's taxpayers money and money is tight at the moment. "The lack of transparency is not helpful and there is a terrible sense of secrecy about all of this. One gets the sense that their main objective is for these cases not to succeed. "There are no stats available so we don't know the details about how these claims are being decided or whether previous judgments are being taken into account." The Hart (Health Advisory and Recovery Team) group, which was set up by medical professionals and scientists during the pandemic, has warned that Crawford and Company has a "troubling reputation with numerous reports of mismanagement and claims denials across various sectors".

Note: COVID vaccine manufacturers have total immunity from liability if people die or become injured as a result of the vaccine. Our Substack dives into the complex world of COVID vaccines with nuance and balanced investigation. For more along these lines, read our concise summaries of news articles on COVID vaccine problems.


Data Broker Brags About Having Highly Detailed Personal Information on Nearly All Internet Users
2025-03-15, Gizmodo
https://gizmodo.com/data-broker-brags-about-having-highly-detailed-personal-i...

The owner of a data brokerage business recently ... bragged about the degree to which his industry could collect and analyze data on the habits of billions of people. Publicis CEO Arthur Sadoun said that ... his company [can] deliver "personalized messaging at scale" to some 91 percent of the internet's adult web users. To deliver that kind of "personalized messaging" (i.e., advertising), Publicis must gather an extraordinary amount of information on the people it serves ads to. Lena Cohen, a technologist with the Electronic Frontier Foundation, said that data brokers like Publicis collect "as much information as they can" about web users. "The data broker industry is under-regulated, opaque, and dangerous, because as you saw in the video, brokers have detailed information on billions of people, but we know relatively little about them," Cohen said. "You don't know what information a data broker has on you, who they're selling it to, and what the people who buy your data are doing with it. There's a real power/knowledge asymmetry." Even when state-level privacy regulations are passed (such as the California Consumer Privacy Law), those cases are often not given enough focus or resources for the laws to be enforced effectively. "Most government agencies don't have the resources to enforce privacy laws at the scale that they're being broken," Cohen said. Cohen added that she felt online behavioral advertising–that is, advertising that is based on an individual web user's specific browsing activity–should be illegal. Banning behavioral ads would "fundamentally change the financial incentive for online actors to constantly surveil" web users and share their data with brokers, Cohen said.

Note: Read more about the disturbing world of online behavioral ads, where the data isn't just used to sell products. It's often accessed by governments, law enforcement, intelligence agencies, and other actors–sometimes without warrants or oversight. This turns a commercial ad system into a covert surveillance network. For more along these lines, read our concise summaries of news articles on Big Tech and the disappearance of privacy.


Whistleblower's exposé of the cult of Zuckerberg reveals peril of power-crazy tech bros
2025-03-15, The Guardian (One of the UK's Leading Newspapers)
https://www.theguardian.com/commentisfree/2025/mar/15/whistleblowers-cult-zuc...

Careless People [is] a whistleblowing book by a former [Meta] senior employee, Sarah Wynn-Williams. In the 78-page document that Wynn-Williams filed to the SEC ... it was alleged that Meta had for years been making numerous efforts to get into the biggest market in the world. These efforts included: developing a censorship system for China in 2015 that would allow a "chief editor" to decide what content to remove, and the ability to shut down the entire site during "social unrest"; assembling a "China team" in 2014 for a project to develop China-compliant versions of Meta's services; considering the weakening of privacy protections for Hong Kong users; building a specialised censorship system for China with automatic detection of restricted terms; and restricting the account of Guo Wengui, a Chinese government critic. In her time at Meta, Wynn-Williams observed many of these activities at close range. Clearly, nobody in Meta has heard of the Streisand effect, "an unintended consequence of attempts to hide, remove or censor information, where the effort instead increases public awareness of the information". What strikes the reader is that Meta and its counterparts are merely the digital equivalents of the oil, mining and tobacco conglomerates of the analogue era.

Note: A former Meta insider revealed that the company's policy on banning hate groups and terrorists was quietly reshaped under political pressure, with US government agencies influencing what speech is permitted on the platform. Watch our new video on the risks and promises of emerging technologies. For more along these lines, read our concise summaries of news articles on censorship and Big Tech.


Wyden releases findings on financier's ties to Jeffrey Epstein, asks Trump admin for docs
2025-03-12, Yahoo News
https://www.yahoo.com/news/wyden-releases-findings-financier-ties-215642482.html

Senator Ron Wyden (D-OR) is releasing new information on a financier's ties to Jeffrey Epstein's operations, the ranking member of the Senate Finance Committee announced. Since 2022, the committee has been investigating billionaire financier Leon Black – who co-founded and previously led asset management firm Apollo Global Management as CEO and has made payments to Epstein. Wyden is calling on the Department of Justice, the Treasury and the Federal Bureau of Investigation to "lift the veil" on financial support for Epstein. Wyden sent a letter to the federal agencies, providing the new findings from the committee's investigation, which is looking into payments of at least $158 million from Black to Epstein for "purported tax and estate planning advice." Wyden says the investigation led to new evidence through federal government records that show funds from Black to Epstein were used to finance Epstein's sex trafficking operations. The Finance Committee also obtained a 2023 settlement agreement between Black and the Attorney General of the U.S. Virgin Islands. Under the $62 million settlement, Black gained immunity from criminal prosecution in the USVI for financially supporting Epstein, according to Wyden, noting the settlement acknowledges "Jeffrey Epstein used the money Black paid him to partially fund his operations." A major U.S. bank waited seven years to report Black's payments to Epstein to the Treasury Department.

Note: For more along these lines, read our concise summaries of news articles on financial system corruption and Jeffrey Epstein's child sex and blackmail ring.


Ex-JPMorgan banker claims Jeffrey Epstein knew more about ‘upper levels' of bank than he did
2025-03-11, New York Post
https://nypost.com/2025/03/11/business/ex-jpmorgan-banker-jes-staley-claims-j...

An ex-JPMorgan Chase executive testified in London court that Jeffrey Epstein knew more about what was going on at the top levels of the bank than he did. Jes Staley – who went on to become chief executive of Barclays following his stint at JPMorgan – claimed that Epstein, the convicted child sex offender and disgraced financier who died in prison in 2019, had a "remarkable ability" to gather Wall Street intel. "Mr. Epstein was also well connected within the upper levels of JPMorgan itself," Staley said during his second day in the witness box as he appealed a proposed ban and $2.3 million fine from London's financial regulatory agency. "He seemed to be aware of things relating to the bank, that I was not aware of," Staley added. Staley – who is attempting to overturn a lifetime ban that the Financial Conduct Authority announced in 2023 – acknowledged his relationship with Epstein went beyond work. In 2000, JPMorgan's then-chief executive Douglas "Sandy" Warner told Staley he should get to know Epstein, Staley claimed in his witness statement. "Sandy Warner recommended that I should become acquainted with Mr. Epstein because he was an exceptionally well connected man who could help me, in my capacity at JPM, to form business relationships with influential and other well connected individuals," he said. Staley claimed he was not the only high-level figure at JPMorgan in touch with Epstein.

Note: For more along these lines, read our concise summaries of news articles on financial system corruption and Jeffrey Epstein's child sex and blackmail ring.


Kennedy Rattles Food Companies With Vow to Rid Food of Artificial Dyes
2025-03-11, New York Times
https://www.nytimes.com/2025/03/11/health/rfk-jr-food-safety-artificial-dyes....

In his first meeting with top executives from PepsiCo, W.K. Kellogg, General Mills and other large companies, Robert F. Kennedy Jr., the health secretary, bluntly told them that a top priority would be eliminating artificial dyes from the nation's food supply. Later on Monday, Mr. Kennedy issued a directive that would also affect food companies nationwide. He ordered the Food and Drug Administration to revise a longstanding policy that allowed companies – independent of any regulatory review – to decide that a new ingredient in the food supply was safe. Put in place decades ago, the policy was aimed at ingredients like vinegar or salt that are widely considered to be well-understood, and benign. But the designation, known as GRAS, or "generally recognized as safe," has since grown to include a far broader array of natural and synthetic additives. Mr. Kennedy had vowed to upend the food system as a way to address growing rates of chronic disease and other health concerns even before his appointment as the head of the Department of Health and Human Services. He now oversees the F.D.A. Advocates for food safety have criticized the existing GRAS policy as a loophole that enables food companies to introduce untested ingredients that in some cases have proven hazardous. About 1,000 ingredients deemed safe have been reviewed by the F.D.A., but Mr. Kennedy targeted the ones that companies deem acceptable with no government oversight.

Note: Read our latest Substack article on how the US government turns a blind eye to the corporate cartels fueling America's health crisis. For more along these lines, read our concise summaries of news articles on health and food system corruption.


Doctors didn't warn women of 'risky sex' drug urges
2025-03-11, BBC News
https://www.bbc.com/news/articles/cgkmrev6z2mo

Patients prescribed drugs for movement disorders - including restless leg syndrome (RLS) - say doctors did not warn them about serious side effects that led them to seek out risky sexual behaviour. Twenty women have told the BBC that the drugs - given to them for RLS, which causes an irresistible urge to move - ruined their lives. A report by drugs firm GSK - seen by the BBC - shows it learned in 2003 of a link between the medicines, known as dopamine agonist drugs, and what it described as "deviant" sexual behaviour. It cited a case of a man who had sexually assaulted a child while taking the drug for Parkinson's. Some of the women who described being drawn to risky sexual behaviour told us they had no idea of what was causing it. Others said they felt compelled to gamble or shop with no history of such activities. Impulsive behaviours, including gambling and increased sex drive, have long been listed as side effects in medicine leaflets for dopamine agonist drugs - and are thought to affect between 6% to 17% of RLS patients taking them, according to health guidance body NICE. The cases of what the GSK report from 2003 described as "deviant behaviour" involved two men who were prescribed Ropinirole for Parkinson's disease. In one, a 63-year-old-man sexually assaulted a seven-year-old girl, leading to a custodial sentence. In the second case, a 45-year-old man carried out "uncontrolled acts of exhibitionism and indecent behaviour".

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


FTC Removes Posts Critical of Amazon, Microsoft, and AI Companies
2025-03-10, Wired
https://www.wired.com/story/federal-trade-commission-removed-blogs-critical-o...

The Trump administration's Federal Trade Commission has removed four years' worth of business guidance blogs as of Tuesday morning, including important consumer protection information related to artificial intelligence and the agency's landmark privacy lawsuits under former chair Lina Khan against companies like Amazon and Microsoft. More than 300 blogs were removed. On the FTC's website, the page hosting all of the agency's business-related blogs and guidance no longer includes any information published during former president Joe Biden's administration. These blogs contained advice from the FTC on how big tech companies could avoid violating consumer protection laws. Removing blogs raises serious compliance concerns under the Federal Records Act and the Open Government Data Act, one former FTC official tells WIRED. During the Biden administration, FTC leadership would place "warning" labels above previous administrations' public decisions it no longer agreed with, the source said, fearing that removal would violate the law. Since President Donald Trump designated Andrew Ferguson to replace Khan as FTC chair in January, the Republican regulator has vowed to leverage his authority to go after big tech companies. Unlike Khan, however, Ferguson's criticisms center around the Republican party's long-standing allegations that social media platforms, like Facebook and Instagram, censor conservative speech online.

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


The Big Business of Bad Prison Food
2025-03-08, The Marshall Project
https://www.themarshallproject.org/2025/03/08/food-business-michigan-prison-m...

Feeding incarcerated people has become big business. The food behemoth Aramark (which also services colleges, hospitals, and sports stadiums), as well as smaller corporations like Summit Correctional Services and Trinity Services Group, have inked contracts in the last decade worth hundreds of millions of dollars in prisons and jails across the country. The industry was worth almost $3.2 billion in 2022. Cell phone images smuggled out of jails and prisons across the country reveal food that hardly looks edible, let alone nutritious. At a jail in Cleveland, staff warned administrators in 2023 that the meals served by Trinity were so disgusting, that they put staff in danger. A 2020 study by the criminal justice reform advocacy group Impact Justice found that 94% of incarcerated people surveyed said they did not receive enough food to feel full. More than 60% said they rarely or never had access to fresh vegetables. Meager portions have left desperate people eating toothpaste and toilet paper. Most states spend less than $3 per person per day on prison food – and some as little as $1.02. The Food and Drug Administration's "thrifty plan" estimates that feeding an adult man "a nutritious, practical, cost-effective diet" costs about $10 per day. The major private food providers also have a stake in the booming prison commissary business, where incarcerated people can buy staples like ramen, tuna and coffee. Poor food served in the chow hall drives hungry prisoners to the commissary.

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


You've Already Paid for Overpriced Weight-Loss Drugs
2025-03-06, Jacobin
https://jacobin.com/2025/03/weight-loss-drugs-price-health

US taxpayers spent an estimated $6 billion researching, developing, and implementing new blockbuster weight-loss drugs. Yet Americans are now paying pharmaceutical giants – including one in Denmark – up to eleven times more for these medicines than patients in other countries, markups that are inflating consumers' insurance premiums and risk bankrupting the country's health care system. According to data shared with the Lever by researchers at Bentley University, the federal government spent $6.2 billion from 1980 to 2024 on the discovery and development of glucagon-like peptide-1 (GLP-1) molecules, as well as research on how to use GLP-1 drugs to treat diabetes, obesity, and other diseases. GLP-1, a hormone that regulates blood sugar, was the foundation of the diabetes drug Ozempic, whose 2017 approval by the Food and Drug Administration (FDA) launched a wave of other GLP-1-based diabetes and weight-loss medications coming to market. More than fifteen million people nationwide currently take GLP-1-related drugs like Ozempic, bringing in more than $50 billion in sales for pharmaceutical companies in 2024 – much of which went to the Danish pharmaceutical company Novo Nordisk. A Senate report ... found that if half of all Medicare and Medicaid patients with obesity took Wegovy and other GLP-1 weight-loss drugs, it could cost the federal health care system $166 billion per year.

Note: The makers of these weight-loss drugs could be hit with over 10,000 lawsuits over severe adverse events from these drugs. For more along these lines, read our concise summaries of news articles on corruption in government and in Big Pharma.


Americans borrowed $74 billion last year to cover their health care costs
2025-03-06, CBS News
https://www.cbsnews.com/news/health-care-costs-medical-debt-americans-borrowing/

Health care is so expensive that 31 million U.S. adults, or 12%, had to borrow a total of $74 billion last year to obtain medical care, new data shows. That includes people with health insurance, making such numbers even more troubling. Almost one-third of the more than 3,500 people surveyed by Gallup and West Health, a group of nonprofit health care organizations, said they're "very concerned" that a major health event would lead to medical debt despite most of them having some form of health care coverage. To avoid taking on debt, families sometimes make tradeoffs, such as purchasing fewer groceries or not paying rent in order to get the care they need. Nearly one in five adults between the ages of 18 and 28 reported borrowing money to pay for health care, according to the survey. Only 9% of Americans between 50 and 64 and 2% of those 65 or older reported having to borrow money to obtain needed medical care. "There are a lot of disparities in terms of who borrows," [Tim Lash, president of West Health] said. That's in part because Medicare, which is available to people who are 65 or older, provides enrollees with relatively comprehensive coverage. As of mid-2024, U.S. residents owed at least $220 billion in medical debt, according to data from the American Hospital Association. Health care bills have for years been a leading cause of personal bankruptcies.

Note: Two-thirds of personal bankruptcies in the US are caused by illnesses and medical bills. For more along these lines, read our concise summaries of news articles on health and financial inequality.


This killer drone is designed to be thrown like a football
2025-03-05, Fast Company
https://www.fastcompany.com/91275004/xdown-killer-drone-designed-like-football

Alexander Balan was on a California beach when the idea for a new kind of drone came to him. This eureka moment led Balan to found Xdown, the company that's building the P.S. Killer (PSK)–an autonomous kamikaze drone that works like a hand grenade and can be thrown like a football. The PSK is a "throw-and-forget" drone, Balan says, referencing the "fire-and-forget" missile that, once locked on to a target, can seek it on its own. Instead of depending on remote controls, the PSK will be operated by AI. Soldiers should be able to grab it, switch it on, and throw it–just like a football. The PSK can carry one or two 40 mm grenades commonly used in grenade launchers today. The grenades could be high-explosive dual purpose, designed to penetrate armor while also creating an explosive fragmentation effect against personnel. These grenades can also "airburst"–programmed to explode in the air above a target for maximum effect. Infantry, special operations, and counterterrorism units can easily store PSK drones in a field backpack and tote them around, taking one out to throw at any given time. They can also be packed by the dozen in cargo airplanes, which can fly over an area and drop swarms of them. Balan says that one Defense Department official told him "This is the most American munition I have ever seen." The nonlethal version of the PSK [replaces] its warhead with a supply container so that it's able to "deliver food, medical kits, or ammunition to frontline troops" (though given the 1.7-pound payload capacity, such packages would obviously be small).

Note: The US military is using Xbox controllers to operate weapons systems. The latest US Air Force recruitment tool is a video game that allows players to receive in-game medals and achievements for drone bombing Iraqis and Afghans. For more, read our concise summaries of news articles on warfare technologies and watch our latest video on the militarization of Big Tech.


$5 a dozen: major egg companies may be using avian flu to hike US prices, new report finds
2025-03-04, The Guardian (One of the UK's Leading Newspapers)
https://www.theguardian.com/environment/2025/mar/04/egg-prices-bird-flu-corpo...

Major egg corporations may be using avian flu as a ruse to hike up prices, generating record profits while hurting American consumers, new research suggests. The cost of a dozen large eggs hit almost $5 in January – a record high in the US and more than two and a half times the average price three years ago before the avian flu outbreak. This signifies a 157% inflation rate for eggs. "Bird flu does not fully explain the sticker shock consumers experience in the egg aisle ... corporate consolidation is a key culprit behind egg price spikes," said Amanda Starbuck, lead author of the FWW report The Economic Cost of Food Monopolies: The Rotten Egg Oligarchy. "Powerful corporations that control every step of the supply chain – from breeding hens to hatching eggs to processing and distributing eggs – are making windfall profits off this crisis, raising their prices above and beyond what is necessary to cover any rising costs." The analysis found that in some regions, prices were going up even before the new strain of the deadly H5N1 virus had affected poultry flocks and reduced egg production. The south-east, for instance, remained free of bird flu in its table egg flocks until January 2025. In fact, egg production rose in 2022 and 2023 compared with 2021 levels. Yet retail egg prices in the region increased alongside national spikes. Even as egg production recovered in 2023, prices did not come down.

Note: Read how skyrocketing food prices are caused by corporate greed. For more along these lines, read our concise summaries of news articles on food system corruption.


Gen Zers says antidepressants have ruined their sex lives: ‘I'm dead inside'
2025-02-25, New York Post
https://nypost.com/2025/02/25/us-news/gen-zers-says-antidepressants-have-ruin...

Nick was 19 when a psychiatrist offered him the antidepressant Trintellix to treat his moderate anxiety and depression after just a few short visits. Going on the popular selective serotonin reuptake inhibitor (SSRI) ... didn't seem like a big deal at the time. But, when Nick went off the medication after six years, he immediately noticed his genitals were losing sensation. Over the course of a couple weeks, he almost entirely lost feeling in the area – and it never returned, nor did the high sex drive he once had. He would ultimately learn he suffers from Post-SSRI Sexual Dysfunction (PSSD). "I wasn't at risk of taking my own life or anything like that … I still had a hell of a lot of fun in life … I think I definitely should have [done] therapy first and foremost," he said. "Now there's just no enjoyment in anything. It's like watching a brick wall." For many, antidepressants are lifesaving treatments, but, in rare instances, they can potentially cause debilitating side effects that persist for years after stopping the drugs. SNOMED, the National Institute Of Health's official source of medical terminology for US healthcare systems, recognizes PSSD as a legitimate disorder as of last year, defining it as "persistent sexual side effects" including genital numbness and loss of libido that "can last for weeks, months, or even years after stopping" antidepressants. The rate of prescriptions for those ages 12 to 25 jumped by about two-thirds from 2016 to 2022. "The studies that were done for SSRIs to be approved by the FDA were not done on children, they were done on adults," [clinical psychologist Meg Jay] said. "But now it's much more common for tweens and teens to be prescribed medications than it used to be." In the past two years alone, [Psychopharmacologist and former professor of psychiatry David Healy] said he's known more than a dozen people, many of them young, who were so distressed by PSSD that they committed suicide.

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