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.

The nation's eighth-largest nonprofit donated $56.1 million to a series of organizations identified as hate groups from 2015 to 2017, according to a report from Sludge. National Christian Foundation, which identifies itself as the largest Christian grant maker and one of the largest donor-advised funds in the nation, has served as a vehicle for individuals trying to anonymously send money. Donor-advised funds allow individuals sending the tax deductible contributions to remain anonymous from the IRS and instruct where they want the payments to be sent. For those donating via NCF, this meant sending money to 23 organizations that the Southern Poverty Law Center has labeled hate groups. Most of the hate organizations that received money from the NCF opposed LGBT rights. The report also found that the NCF donated to anti-Muslim and anti-immigrant organizations. Organizations receiving the most funds from NCF included the Alliance Defending Freedom, which has advocated for sterilizing transgender individuals, and the Family Research Council, which has advocated conversion therapy. Members of the Family Research Council including Tony Perkins, the organization's president, have sought to link pedophilia and homosexuality. The NCF's website says it has "accepted over $12 billion in contributions and made over $10 billion in giver-recommended grants to more than 55,000 charities."

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

The vast majority of the people who propose and make changes to Wikipedia are volunteers. A few people, however, have figured out how to manipulate Wikipedia’s supposedly neutral system to turn a profit. That’s [paid Wikipedia editor Ed] Sussman’s business. And in just the past few years, companies including Axios, NBC, Nextdoor and Facebook’s PR firm have all paid him to manipulate public perception using a tool most people would never think to check. One of Wikipedia’s more well-known rules is its prohibition on editing pages that you have any sort of direct connection to. But ... anyone, even someone financially tied to the subject in question, is allowed to merely suggest edits in the hopes that a less conflicted editor might come by, agree, and implement the changes for them. This is where a paid editor like Sussman comes in. On his website, Sussman identifies himself as “a journalist, lawyer, academic and technology entrepreneur” who “is often called upon in ‘crisis management’ situations where inaccurate or misleading information has been placed in a Wikipedia article.” Sussman’s main strategy for convincing editors to make the changes his clients want is to cite as many tangentially related rules as possible (he is, after all, a lawyer). He often replies to nearly every single bit of pushback with walls of text arguing his case. Trying to get through even a fraction of it is exhausting, and because Wikipedia editors are unpaid, there’s little motivation to continue dealing with Sussman’s arguments. So he usually gets his way.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the manipulation of public perception.

Pharmaceutical companies are under the spotlight with congressional hearings on the cost of drug prices and allegations of the industry’s role in the opioid crisis. Dr. Raeford Brown, a pediatric anesthesia specialist ... and chair of the Food and Drug Administration (FDA) Committee on Analgesics and Anesthetics, has been openly critical of big pharma and the lack of proper oversight from the FDA. Despite many politicians, particularly declared presidential candidates, beginning to speak out against big pharma, Brown does not think that anything will come out of it “because Congress is owned by pharma.” “The pharmaceutical industry pours millions of dollars into the legislative branch every single year,” he [said]. “In 2016, they put $100 million into the elections. That’s a ton of money.” OpenSecrets, a website operated by the nonpartisan Center for Responsive Politics, tracks money in U.S. politics. It ranked the top 20 members of the House and the Senate that have received the most campaign contributions from the pharmaceutical and health products industry. Kevin McCarthy, now the House minority leader after midterms, received ... a total of $380,350 in campaign contributions, with a large sum coming from pharma companies. “Congress is supposed to have oversight for the FDA,” Brown said. “If the FDA isn’t going to hold pharma accountable, and Congress is getting paid to not hold pharma accountable, then it really doesn’t matter who the president is because it’s really about Congress.”

Note: Learn more on how big Pharma controls politicians in this very well researched video. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and Big Pharma profiteering from reliable major media sources.

Glyphosate, an herbicide that remains the world's most ubiquitous weed killer, raises the cancer risk of those exposed to it by 41%, a new analysis says. Researchers from the University of Washington evaluated existing studies into the chemical – found in weed killers including Monsanto's popular Roundup – and concluded that it significantly increases the risk of non-Hodgkin lymphoma (NHL), a cancer of the immune system. "All of the meta-analyses conducted to date, including our own, consistently report the same key finding: exposure to GBHs (glyphosate-based herbicides) are associated with an increased risk of NHL," the authors wrote in a study published in the journal Mutation Research. In 2015 ... the World Health Organization's International Agency for Research on Cancer classified glyphosate as "probably carcinogenic to humans." Moreover, the chemical has triggered multiple lawsuits from people who believe that exposure to the herbicide caused their non-Hodgkin's lymphoma. In 2017 ... more than 800 people were suing Monsanto; by the following year, that figure was in the thousands. The authors of the University of Washington report analyzed all published studies on the impact of glyphosate on humans. Co-author ... Rachel Shaffer said: "This research provides the most up-to-date analysis of glyphosate and its link with Non-Hodgkin Lymphoma, incorporating a 2018 study of more than 54,000 people who work as licensed pesticide applicators." The scientists also assessed studies on animals.

Note: Instead of relying on independent science, the EPA used industry studies to determine that glyphosate was safe. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health from reliable major media sources.

Amazon hasn't paid any taxes to the US government in the past two years. Actually, Amazon received hundreds of millions of dollars in federal tax credits in 2017 and 2018. That might seem nuts, considering Amazon is the third-most valuable company in the world and earned a record $10 billion last year. But critics of Amazon's tax bill aren't accusing Amazon of doing anything improper. "This is tax avoidance, not tax evasion. There's no indication of any wrongdoing, except on the part of Congress," said Matthew Gardner, senior fellow at the Institute on Taxation and Economic Policy. US tax code allows money-losing companies to reduce their future taxable income. Amazon's total earnings have easily topped its losses — many times over. But some of Amazon's earnings came from sales outside the United States, on which Amazon paid either lower or no US taxes. Many companies that lose money pay little or no federal income taxes. For example, General Motors (GM) has paid little federal tax money since emerging from bankruptcy in 2009, despite posting record profits for several years. Amazon declined to comment on its federal tax payments.

Note: Read how former tax lobbyists now run the tax-writing committees. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.

A broad new scientific analysis of the cancer-causing potential of glyphosate herbicides, the most widely used weedkilling products in the world, has found that people with high exposures to the popular pesticides have a 41% increased risk of developing a type of cancer called non-Hodgkin lymphoma. The findings by five US scientists contradict the US Environmental Protection Agency’s (EPA) assurances of safety over the weed killer and come as regulators in several countries consider limiting the use of glyphosate-based products in farming. Monsanto and its German owner Bayer AG face more than 9,000 lawsuits in the US brought by people suffering from NHL who blame Monsanto’s glyphosate-based herbicides for their diseases. The first plaintiff to go to trial won a unanimous jury verdict against Monsanto in August. The next trial, involving a separate plaintiff, is set to begin on 25 February, and several more trials are set for this year and into 2020. The new analysis could potentially complicate Monsanto’s defense of its top-selling herbicide. Three of the study authors were tapped by the EPA as board members for a 2016 scientific advisory panel on glyphosate. The new paper was published by the journal Mutation Research /Reviews in Mutation Research, whose editor in chief is EPA scientist David DeMarini. “This paper makes a stronger case than previous meta-analyses that there is evidence of an increased risk of NHL due to glyphosate exposure,” said [study] co-author Lianne Sheppard.

Note: Internal FDA emails suggest that the food supply contains far more glyphosate than government reports indicate. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and health.

On Sept. 7, 2017, the world heard an alarming announcement from credit ratings giant Equifax: In a brazen cyberattack, somebody had stolen sensitive personal information from more than 140 million people, nearly half the population of the U.S. The information included Social Security numbers, driver's license numbers, information from credit disputes and other personal details. Then, something unusual happened. The data disappeared. Completely. CNBC talked to eight experts. All of them agreed that a breach happened, and personal information from 143 million people was stolen. But none of them knows where the data is now. Security experts haven't seen the data used in any of the ways they'd expect in a theft like this — not for impersonating victims, not for accessing other websites, nothing. Most experts familiar with the case now believe that the thieves were working for a foreign government and are using the information not for financial gain, but to try to identify and recruit spies. One former senior intelligence official ... summarized the prevailing expert opinion on how the foreign intelligence agency is using the data. First, he said, the foreign government is probably combining this information with other stolen data, then analyzing it using artificial intelligence or machine learning to figure out who's likely to be — or to become — a spy for the U.S. government. Second, credit reporting data provides compromising information that can be used to turn valuable people into agents of a foreign government.

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

The inner-workings of a beef processing plant in Dakota Dunes, South Dakota, might not sound like compelling national news, but in 2012, ABC changed that with two little words: “pink slime.” As you probably recall, the news outlet questioned Beef Products, Inc. (BPI) about its ground beef filler known as “lean finely textured beef” (LFTI), utilizing the pejorative term “pink slime” in the process. The backlash from the report hit BPI’s bottom line hard, despite the fact that they maintained that LFTI is safe and made from 100 percent beef, and so the South Dakotan company sued ABC News. The news organization eventually settled out of court ... paying nine figures to BPI to end the whole mess. BPI survived the ordeal and are back in the news again for – guess what – lean finely textured beef. But don’t call it “LFTI.” And definitely don’t call it “pink slime.” According to Beef Magazine, the USDA has given its approval for BPI to call “lean finely textured beef” simply “ground beef.” “We approached USDA about the possibility of reclassifying our product,” Nick Ross, BPI vice president of engineering, [said] “After reviewing BPI’s submission of a new product and new production process, [the United States Department of Agriculture’s Food Safety and Inspection Service (FSIS)] determined that the product meets the regulatory definition of ground beef ... and may be labeled accordingly,” a FSIS spokesperson [confirmed]. But for consumers, the change won’t really mean that much.

Note: For more along these lines, see concise summaries of deeply revealing news articles on food system corruption and health.

It may have shocked the world when the publisher of the National Enquirer allegedly tried to use nude pictures to coerce Jeff Bezos. But it came as no surprise to ... veterans of the Enquirer’s parent company, American Media Inc. “The threats, the blackmail, that’s their business model,” one former National Enquirer staffer told The Daily Beast. That model burst out into public view on Thursday night when Bezos - the world’s richest man, the founder of Amazon, and the owner of The Washington Post - published emails from AMI chief content officer Dylan Howard that threatened the release of a “d*ck pick” if the Post didn’t relent in its investigation of AMI. It was a familiar moment to Paul Barresi, a private investigator who spent years working on cases that informed stories in AMI. “The National Enquirer had some people who would go to a celebrity and say, ‘unless you give in to a one-on-one interview ... we’re going to report XYZ,” he said. “The nice way of calling it was quid pro quo, but really it was blackmail.” The supermarket tabloid company’s bag of dirty tricks is well-chronicled and includes catch-and-kill operations: paying for an exclusive interview only to bury it, as a favor to an ally or after using the dirt to convince a celebrity to play ball with them. Most infamously, AMI has admitted it paid ex-Playboy model Karen McDougal $150,000 in hush money for her story of an affair with Donald Trump, which never saw the light of day.

Note: WTK founder Fred Burks saw personally how the Enquirer is much more highly guarded than any other major media. He is almost certain it is a CIA front used to manage disinformation and discredit real stories that seem unbelievable. For more along these lines, see concise summaries of deeply revealing news articles on corruption in the corporate world and in mass media.

When Will Schuller was an 18-year-old senior in high school in Overland Park, Kansas, something puzzling was happening. He was “big into running at the time” and seemingly in good health, but ...Will struggled to walk from the school parking lot to his classes, and he couldn’t exercise. Around Christmas 2014, Will was diagnosed with Lambert-Eaton Myasthenic Syndrome (LEMS), a rare neuromuscular disorder. LEMS is “a chronic autoimmune disorder that affects strength and muscle fatigue ability,” said Dr. Ted M. Burns, a professor of neurology. There is a drug to treat LEMS that up until recently was free for patients through an FDA program called “compassionate use.” When Schuller got the drug, called ... 3,4-DAP, he instantly felt better. Since 1992, 3,4-DAP, was made by Jacobus Pharmaceuticals, a small New Jersey company, until a different company, Catalyst, recently received the exclusive rights to the drug. Catalyst added a preservative, renamed it Firdapse, and is now charging north of $375,000 a year for the life-changing drug. Will's parents said doctors ... warned them about an impending price increase, but they never imagined it would start costing hundreds of thousands of dollars. “We're paying ... less than that,” said Bob Schuller, Will’s dad. “But everyone's premiums are going to go up as a result of this. So it's a cost to the entire system.” Sen. Bernie Sanders, I-Vt., sent a letter to Catalyst on Monday demanding an explanation for the new price of Firdapse, calling it "a blatant fleecing of American taxpayers."

Note: Read how a major drug price increase nearly bankrupted the city of Rockford, Illinois. For more along these lines, see concise summaries of deeply revealing Big Pharma corruption news articles from reliable major media sources.

A national inquiry into Australia's scandal-plagued financial sector has proposed sweeping changes in an attempt to end rampant industry misconduct. The Royal Commission spent 12 months investigating wrongdoing by some of the nation's biggest institutions. Prominent scandals included the charging of fees for no service - sometimes to dead customers. The government said it would act on all 76 recommendations made by the inquiry. The Royal Commission - Australia's highest form of public inquiry - came after a decade of scandals that shook confidence in the country's largest industry. After the report was made public on Monday, Treasurer Josh Frydenberg said the public had paid an "immense" price for the misconduct. "It's a scathing assessment of conduct driven by greed and behaviour that was in breach of existing law and fell well below community expectations," he said. The Royal Commission received more than 10,000 public submissions. It interviewed over 130 witnesses in public hearings. The report made 76 recommendations for reform, including: More than 20 unidentified cases to be referred on to regulators, resulting in possible criminal or civil prosecutions; There should be an overhaul of the sector's sales culture to reduce conflicts of interest; Regulators need to more regularly prosecute breaches, or lose some of their powers. The government has been criticised for initially resisting the probe, which it later described as "regrettable but necessary" action to restore public trust.

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

U.S. Senator Bernie Sanders plans to send a letter to Catalyst Pharmaceuticals on Monday asking it to justify its decision to charge $375,000 annually for a medication that for years has been available to patients for free. The drug, Firdapse, is used to treat Lambert-Eaton Myasthenic Syndrome (LEMS), a rare neuromuscular disorder. The disorder affects about one in 100,000 people in the United States. The government is intensifying its scrutiny of the pharmaceutical industry and rising prescription drug prices. Both the Democratic-led U.S. House of Representatives and the Senate, controlled by Republicans, have begun holding hearings this year on the rising costs of medicines. In the letter dated Feb. 4, Sanders asked Catalyst to lay out the financial and non-financial factors that led the company to set the list price at $375,000, and say how many patients would suffer or die as a result of the price and how much it was paying to purchase or produce the drug. For years, patients have been able to get Firdapse for free ... through a U.S. Food and Drug Administration (FDA) program called "compassionate use." The program allows patients with rare diseases and conditions access to experimental drugs outside of a clinical trial when there is no viable alternative. Florida-based Catalyst received FDA approval of Firdapse in November, along with exclusive rights to market the medication for several years. In December, Catalyst announced it would price Firdapse at $375,000 a year.

Note: Read how a major drug price increase nearly bankrupted the city of Rockford, Illinois. For more along these lines, see concise summaries of deeply revealing Big Pharma corruption news articles from reliable major media sources.

Rutger Bregman had not really intended to stick it to the global elite. But when the Dutch historian decided to go off-piste at the World Economic Forum and tell the assembled billionaires they should stop avoiding paying tax, he became an overnight social media sensation. “It’s been a crazy week and just for stating the obvious,” said Bregman, when asked about a panel discussion at the WEF last month in which he said the issue was “taxes, taxes, taxes, and all the rest is bullshit in my opinion”. Bregman had not been to Davos before. He was invited on the basis of the book Utopia for Realists, which argued for a basic income and a shorter working week. But he grew more irritated as the week wore on. He was surprised and maddened by the pushback when he mentioned tax. As a result, Bregman decided to change his plan for a panel on inequality. What Bregman said, put simply, was the Davos emperors have no clothes. They talk a lot about how something must be done about inequality and the need to address social unrest, but cavil at the idea they might be a big part of the problem. He told his audience that people in Davos talked about participation, justice, equality and transparency, but “nobody raises the issue of tax avoidance and the rich not paying their share. It is like going to a firefighters’ conference and not talking about water.” As a historian, Bregman noted the most successful period for capitalism occurred in the years after the second world war, when the top rate of tax in the US was above 90%.

Note: This historian later confronted Tucker Carlson of Fox News, who had a few choice dirty words for him. For more along these lines, see concise summaries of deeply revealing news articles on income inequality and corporate corruption.

Pharmaceutical giant Purdue Pharma LP secretly pursued a plan, dubbed "Project Tango," to become "an end-to-end pain provider" by selling both opioids and drugs to treat opioid addiction, all while owners on the board - members of one of America's richest families - reaped more than $4 billion in opioid profits, according to a lawsuit newly unredacted. The suit says the company and its owners, the Sackler family ... engaged in a decade of deception to push their pharmaceuticals, namely the painkiller OxyContin, on doctors and patients, publicly denying what internal documents show they privately knew to be true: that the highly addictive drugs were resulting in overdoses and deaths. Purdue examined selling overdose antidotes, including Narcan, as "complementary" products to the same doctors to whom it sold its opioids, the lawsuit claims, and although the company maintained a ledger of doctors it suspected of inappropriate opioid prescriptions and other forms of abuse, dubbed "Region Zero," it continued to collect revenue from those doctors. The Sacklers paid themselves more than $4 billion in opioid profits between April 2008 and 2018. In 2017, there were 47,600 opioid-linked drug fatalities in the United States. The unredacted complaint also says consulting firm McKinsey & Co. played a crucial role in advising the company on how to push its product on doctors and boost its profits.

Note: Many doctors also profited from excessive prescribing of dangerous opioids. And according to a former DEA agent, Congress helped drug companies fuel the opioid epidemic. For more along these lines, see concise summaries of deeply revealing Big Pharma corruption news articles from reliable major media sources.

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.

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.

Chickens slowly freezing to death, being boiled alive, drowned or suffocating under piles of other birds are among hundreds of shocking welfare incidents recorded at US slaughterhouses, according to previously unpublished reports. An investigation by the Guardian and the Bureau of Investigative Journalism looked at hundreds of inspection logs from the USDA detailing incidents in poultry plants across the country. Inspectors recorded numerous incidents where: chickens suffocated to death beneath other chickens when they piled up on a conveyor belt that had stopped due to a mechanical failure; chickens drowned after entering the scalding tank while conscious; thousands of birds died of heat stress ... or alternatively, freezing to death. In one incident in January, more than 34,000 chickens froze to death while being kept overnight outside a slaughterhouse in a truck. The ... findings have fuelled concerns that a post-Brexit trade deal with the US could see the UK flooded with chicken produced to lower welfare standards. This follows last year’s transatlantic row over chlorinated chicken, which prompted political interventions in both countries. The violations were witnessed between 2014 and this year at some of the largest poultry processors in the country as part of the national inspection system.

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

At the end of 2017, U.S. corporations were sitting on a historic amount of cash: $2.1 trillion in total liquid assets ... up over 150% from a decade earlier. What are businesses doing with their new-found wealth? Many are buying back shares or snapping up other companies. And then there is Patagonia. Last month, Patagonia announced that they would donate the $10 million they are saving from a reduced tax obligation to grassroots environmental organizations protecting our natural resources and finding solutions to the climate crisis. “In this season of giving, we are giving away this tax cut to the planet, our only home, which needs it now more than ever,” CEO Rose Marcario wrote in a blog. Patagonia’s donation aligns with their unique activist ethos, but a growing number of corporations are joining them in recognizing that businesses not only can be part of the solution to challenges facing our planet, but that they must be; that their responsibilities extend beyond shareholders, to the environment and the communities they serve. Patagonia’s decision ... is a powerful statement and a demonstration of how to consider all a company’s assets in pursuit of better long-term business outcomes. Investing cash responsibly is not the solution to all of our problems. For starters, there’s a much larger conversation that needs to be had about the inability of companies to invest for long-term value creation. But for companies who are new to using their assets for impact while still achieving their corporate purpose, investing liquid assets is a good way to begin, and do so quickly. Don’t let your cash sit there; put it to work.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

While the executives who presided over the bankruptcy of Sears and Kmart will ring out 2018 with news of $25.3 million in bonuses, laid-off worker Ondrea Patrick will be using her unemployment check to pay for new brakes on her 2000 Dodge Durango. Patrick, who lost her job when the Kmart she worked at in Rockford, Illinois, closed in October, had been hoping to use the money to buy her kids ... something new for Christmas. They’ll be getting hand-me-downs and relying on charity this Christmas while the people in charge are handsomely rewarded. “Those top people and (Sears CEO Eddie) Lampert are having a wonderful Christmas,” Patrick [said]. “They got $25 million in bonuses. Me? I’m late on my bills. The electric company is threatening to shut me off. And I don’t have anything left to spend on the kids this Christmas.” Patrick, who worked part-time for Kmart for nine years, is one of the thousands of workers whose lives were upended in October when Sears Holdings ... declared bankruptcy. A U.S. bankruptcy court judge allowed Sears Holdings to hand out the bonuses after the company successfully argued that it would lose its top people if there’s nothing in their stockings this Christmas. Meanwhile, Patrick’s former co-worker Sheila Brewer, 47, has cancelled Christmas for herself and her husband. The eight weeks of severance she was supposed to get ended after four weeks when the bankruptcy court stopped the rest of the payments to laid-off Sears Holdings workers.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and income inequality.

At least 75 companies receive anonymous, precise location data from apps whose users enable location services. Several of those businesses claim to track up to 200 million mobile devices in the United States — about half those in use last year. The database reviewed by The Times ... reveals people’s travels in startling detail, accurate to within a few yards and in some cases updated more than 14,000 times a day. These companies sell, use or analyze the data to cater to advertisers, retail outlets and even hedge funds. It’s a hot market, with sales of location-targeted advertising reaching an estimated $21 billion this year. Businesses say their interest is in the patterns, not the identities, that the data reveals. They note that the information apps collect is tied not to someone’s name or phone number but to a unique ID. But those with access to the raw data — including employees or clients — could still identify a person without consent. They could follow someone they knew, by pinpointing a phone that regularly spent time at that person’s home address. More than 1,000 popular apps contain location-sharing code from such companies. Google’s Android system was found to have about 1,200 apps with such code, compared with about 200 on Apple’s iOS.

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

Important 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.