Corporate Corruption News Stories

Excerpts of Key Corporate Corruption News Stories in Major Media

Below are key excerpts of revealing news articles on corporate corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.

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

Tech companies have outfitted classrooms across the U.S. with devices and technologies that allow for constant surveillance and data gathering. Firms such as Gaggle, Securly and Bark (to name a few) now collect data from tens of thousands of K-12 students. They are not required to disclose how they use that data, or guarantee its safety from hackers. In their new book, Surveillance Education: Navigating the Conspicuous Absence of Privacy in Schools, Nolan Higdon and Allison Butler show how all-encompassing surveillance is now all too real, and everything from basic privacy rights to educational quality is at stake. The tech industry has done a great job of convincing us that their platforms – like social media and email – are "free." But the truth is, they come at a cost: our privacy. These companies make money from our data, and all the content and information we share online is basically unpaid labor. So, when the COVID-19 lockdowns hit, a lot of people just assumed that using Zoom, Canvas and Moodle for online learning was a "free" alternative to in-person classes. In reality, we were giving up even more of our labor and privacy to an industry that ended up making record profits. Your data can be used against you ... or taken out of context, such as sarcasm being used to deny you a job or admission to a school. Data breaches happen all the time, which could lead to identity theft or other personal information becoming public.

Note: Learn about Proctorio, an AI surveillance anti-cheating software used in schools to monitor children through webcams–conducting "desk scans," "face detection," and "gaze detection" to flag potential cheating and to spot anybody "looking away from the screen for an extended period of time." For more along these lines, see concise summaries of deeply revealing news articles on Big Tech and the disappearance of privacy from reliable major media sources.

Drug ads have been ubiquitous on TV since the late 1990s and have spilled onto the internet and social media. The United States and New Zealand are the only countries that legally allow direct-to-consumer pharmaceutical advertising. Manufacturers have spent more than $1 billion a month on ads in recent years. Last year, three of the top five spenders on TV advertising were drug companies. A 2023 study found that, among top-selling drugs, those with the lowest levels of added benefit tended to spend more on advertising to patients than doctors. "I worry that direct-to-consumer advertising can be used to drive demand for marginally effective drugs or for drugs with more affordable or more cost-effective alternatives," the study's author, Michael DiStefano ... said. Indeed, more than 50% of what Medicare spent on drugs from 2016 through 2018 was for drugs that were advertised. The government has, in recent years, tried to ensure that prescription-drug advertising gives a more accurate and easily understood picture of benefits and harms. But the results have been disappointing. When President Donald Trump's administration tried to get drugmakers to list the price of any treatments costing over $35 on TV ads, for example, the industry took it to federal court, saying the mandate violated drugmakers' First Amendment rights. Big Pharma won. With a bit of commonsense, truth-in-advertising enforcement, many of the ads would disappear.

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

The pharmaceutical industry, as a whole and by its nature, is conflicted and significantly driven by the mighty dollar, rather than altruism. A 2020 peer-reviewed article published in the Journal of the American Medical Association outlines the extent of the problem. The group studied both the type of illegal activity and financial penalties imposed on pharma companies between the years 2003 and 2016. Of the companies studied, 85 percent (22 of 26) had received financial penalties for illegal activities with a total combined dollar value of $33 billion. The illegal activities included manufacturing and distributing adulterated drugs, misleading marketing, failure to disclose negative information about a product (i.e. significant side effects including death), bribery to foreign officials, fraudulently delaying market entry of competitors, pricing and financial violations, and kickbacks. The highest penalties were awarded to Schering-Plough, GlaxoSmithKline (GSK), Allergan, and Wyeth. The biggest overall fines have been paid by GSK (almost $10 billion), Pfizer ($2.9 billion), Johnson & Johnson ($2.6 billion), and other familiar names including AstraZeneca, Novartis, Merck, Eli Lilly, Schering-Plough, Sanofi Aventis, and Wyeth. Five US states – Texas, Kansas, Mississippi, Louisiana, and Utah – are taking Pfizer to court for withholding information, and misleading and deceiving the public through statements made in marketing its Covid-19 injection.

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

A MintPress News investigation into the funding sources of U.S. foreign policy think tanks has found that they are sponsored to the tune of millions of dollars every year by weapons contractors. Arms manufacturing companies donated at least $7.8 million last year to the top fifty U.S. think tanks, who, in turn, pump out reports demanding more war and higher military spending, which significantly increase their sponsors' profits. The only losers in this closed, circular system are the American public, saddled with higher taxes, and the tens of millions of people around the world who are victims of the U.S. war machine. The think tanks receiving the most tainted cash were, in order, the Atlantic Council, CSIS, CNAS, the Hudson Institute, and the Council on Foreign Relations, while the weapons manufacturers most active on K-Street were Northrop Grumman, Lockheed Martin, and General Atomics. There is obviously a massive conflict of interest if groups advising the U.S. government on military policy are awash with cash from the arms industry. The Atlantic Council alone is funded by 22 weapons companies, totaling at least $2.69 million last year. Even a group like the Carnegie Endowment for Peace, established in 1910 as an organization dedicated to reducing global conflict, is sponsored by corporations making weapons of war, including Boeing and Leonardo, who donate tens of thousands of dollars annually.

Note: Learn more about arms industry corruption in our comprehensive Military-Intelligence Corruption Information Center. For more, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.

UnHerd, the Britain-based publication I lead, published an investigation on April 17 into a transatlantic organization called the Global Disinformation Index. Having received money from the U.S. State Department, as well as the British, German and European Union governments, the GDI issues what amount to blacklists of news publications, on highly tendentious grounds, that online advertising exchanges then consult and can use to justify turning off ad revenue. What has emerged ... is an opaque network of private and government-supported enterprises that appear intent on censoring political views they find unpalatable. When the [GDI] was originally set up, in 2018, it defined disinformation as "deliberately false content, designed to deceive." On this basis, you could see the argument for having fact-checkers to identify the most egregious offenders. But mission creep has set in at the GDI. It has since come up with a definition of disinformation that encompasses anything that deploys an "adversarial narrative" – stories that might be factually true but pit people against one another by creating "a risk of harm to at-risk individuals, groups or institutions" – with institutions defined as including "the current scientific or medical consensus." The de facto alliance between government and groups working to defund disfavored publications – a sort of state censorship laundering arrangement – is particularly alarming. The 2024 National Defense Authorization Act [bars] the Defense Department from placing military-recruitment advertising in publications utilizing GDI, NewsGuard or "any similar entity." The unaddressed problem with these disinformation referees is how their rulings affect online ad services themselves, not just advertisers, with the power to throttle revenue to publications simply for ideological reasons.

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

A little-known advertising cartel that controls 90% of global marketing spending supported efforts to defund news outlets and platforms including The Post – at points urging members to use a blacklist compiled by a shadowy government-funded group that purports to guard news consumers against "misinformation." The World Federation of Advertisers (WFA), which reps 150 of the world's top companies – including ExxonMobil, GM, General Mills, McDonald's, Visa, SC Johnson and Walmart – and 60 ad associations sought to squelch online free speech through its Global Alliance for Responsible Media (GARM) initiative, the House Judiciary Committee found. "The extent to which GARM has organized its trade association and coordinates actions that rob consumers of choices is likely illegal under the antitrust laws and threatens fundamental American freedoms," the Republican-led panel said in its 39-page report. The new report establishes links between the WFA's "responsible media" initiative and the taxpayer-funded Global Disinformation Index (GDI), a London-based group that in 2022 unveiled an ad blacklist of 10 news outlets whose opinion sections tilted conservative or libertarian, including The Post, RealClearPolitics and Reason magazine. Internal communications suggest that rather than using an objective rubric to guide decisions, GARM members simply monitored disfavored outlets closely to be able to find justification to demonetize them.

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

It wasn't so long ago that the traditional film and television business was thriving. The Big Six media conglomerates–General Electric, Time Warner, Sony, Disney, News Corporation, and Viacom–ruled the industry. But the double whammy of streaming and the pandemic toppled the old-media oligopoly. So most of the legacy media giants now are struggling simply to survive, while a new breed of digital-age behemoths, led by Amazon and Apple, gauge their film and television prospects, and Disney and Netflix lead the way into an uncharted online landscape. The failure of the conglomerates to adapt is none too surprising. Spurred by Reagan-era economic policies and the FCC's deregulation campaign, the media industries converged in a series of M&A waves that began in the 1980s with the News Corp–Fox, Time-Warner, and Sony-Columbia mergers and culminated in the acquisition of Universal by GE, NBC's owner, and the launch of NBC Universal in 2004. At that point, the Big Six owned all the major film studios, all the broadcast networks, and most of the top cable networks. They dominated other media industries as well, but their key assets were their film and television holdings. The Disney+ launch was a tipping point in the streaming era, prompting the ramp-up of Warner's HBO Max, NBCU's Peacock and ViacomCBS's Paramount+. It also came just before the outbreak of Covid-19, which accelerated the global move to streaming.

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

Almost two-thirds of supermarket baby food is unhealthy while nearly all baby food labels contain misleading marketing claims designed to "trick" parents. Those are the conclusions of an eyebrow-raising study in which researchers at Australia's George Institute for Global Health analyzed 651 foods marketed for children ages 6 months to 36 months at 10 supermarket chains in the United States. The study ... found that 60% of the foods failed to meet nutritional standards set by the World Health Organization. In addition, 70% of the baby food failed to meet protein requirements, 44% exceeded total sugar recommendations, 25% failed to meet calorie recommendations, and 20% exceeded recommended sodium limits set by the WHO. The most concerning products were snack foods and pouches. "Research shows 50% of the sugar consumed from infant foods comes from pouches, and we found those were some of the worst offenders," said Dr. Elizabeth Dunford, senior study author. Sales of such convenient baby food pouches soared 900% in the U.S. in the past 13 years. Consumption of processed foods in early childhood can set lifelong habits of poor eating that could lead to obesity, diabetes, and some cancers. The study also found that 99.4% of the baby food analyzed had misleading marketing claims on the labels that violated the WHO's promotional guidelines. On average, products contained four misleading marketing claims; some had as many as eleven.

Note: Big Food profits immensely as American youth face a growing health crisis, with close to 30% prediabetic, one in six youth obese, and over half of children facing a chronic illness. Nearly 40% of conventional baby food contains toxic pesticides. For more along these lines, explore concise summaries of news articles on food system corruption from reliable major media sources.

A 30-second commercial seems harmless. However, new research from my lab shows that food marketing to kids is more than a nuisance: it's a key driver of poor diets. Food marketing impacts what kids like, buy and eat – increasing the risk of dental caries, obesity and type 2 diabetes. Like tobacco, tighter regulation of junk food marketing to children is needed to protect their health. This week, a bill introduced in the Senate, the Childhood Diabetes Reduction Act, proposes a crucial step forward by proposing limits on the types of techniques used to target kids ... as well as limits on where such ads can appear. The bill would cut kids' exposure to the most harmful types of food marketing. Companies spend $14 billion each year on marketing to children, over 80 percent of which is for fast food and other ultraprocessed foods like snacks, candy and sodas. In 2016, Chile restricted child-directed appeals and placement of ads on children's programming for unhealthy products and banned their sale and promotion in schools. In 2018, the country began prohibiting unhealthy food ads on any television program between 6am – 10pm. These regulations cut kids' exposure to unhealthy food marketing by over two-thirds. While the Chilean regulation is much more comprehensive than what is being proposed in the U.S., the Senate bill would still achieve important progress by reducing kids' exposure to the types of targeted marketing most likely to hook them on products.

Note: Big Food profits immensely as American youth face a growing health crisis, with close to 30% prediabetic, one in six youth obese, and over half of children facing a chronic illness. Nearly 40% of conventional baby food contains toxic pesticides. For more along these lines, explore concise summaries of news articles on food system corruption from reliable major media sources.

Justice Department investigators are scrutinizing the healthcare industry's use of AI embedded in patient records that prompts doctors to recommend treatments. Prosecutors have started subpoenaing pharmaceuticals and digital health companies to learn more about generative technology's role in facilitating anti-kickback and false claims violations, said three sources familiar with the matter.. Two of the sources–speaking anonymously to discuss ongoing investigations–said DOJ attorneys are asking general questions suggesting they still may be formulating a strategy. "I have seen" civil investigative demands "that ask questions about algorithms and prompts that are being built into EMR systems that may be resulting in care that is either in excess of what would have otherwise been rendered, or may be medically unnecessary," said Jaime Jones, who co-leads the healthcare practice at Sidley Austin. DOJ attorneys want "to see what the result is of those tools being built into the system." The probes bring fresh relevance to a pair of 2020 criminal settlements with Purdue Pharma and its digital records contractor, Practice Fusion, over their collusion to design automated pop-up alerts pushing doctors to prescribe addictive painkillers. The kickback scheme ... led to a $145 million penalty for Practice Fusion. Marketers from Purdue ... worked in tandem with Practice Fusion to build clinical decision alerts relying on algorithms.

Note: Read how the US opioid industry operated like a drug cartel. For more along these lines, see concise summaries of deeply revealing news articles on AI and Big Pharma corruption from reliable major media sources.

Nearly half of the AI-based medical devices approved by the US Food and Drug Administration (FDA) have not been trained on real patient data, according to a new study. The study, published in Nature Medicine, finds that 226 of the 521 devices authorised by the FDA lack published clinical validation data. "Although AI device manufacturers boast of the credibility of their technology with FDA authorisation, clearance does not mean that the devices have been properly evaluated for clinical effectiveness using real patient data," says first author Sammy Chouffani El Fassi. The US team of researchers examined the FDA's official "Artificial Intelligence and Machine Learning (AI/ML)-Enabled Medical Devices" database. "Using these hundreds of devices in this database, we wanted to determine what it really means for an AI medical device to be FDA-authorised," says Professor Gail Henderson, a researcher at the University of North Carolina's Department of Social Medicine. Of the 521 devices in this database, just 22 were validated using the "gold standard" – randomised controlled trials, while 43% (226) didn't have any published clinical validation. Some of these devices used "phantom images" instead – computer-generated images that didn't come from real patients. The rest of the devices used retrospective or prospective validation – tests based on patient data from the past or in real-time, respectively.

Note: For more along these lines, see concise summaries of deeply revealing news articles on health and artificial intelligence from reliable major media sources.

Ford Motor Company is just one of many automakers advancing technology that weaponizes cars for mass surveillance. The ... company is currently pursuing a patent for technology that would allow vehicles to monitor the speed of nearby cars, capture images, and transmit data to law enforcement agencies. This would effectively turn vehicles into mobile surveillance units, sharing detailed information with both police and insurance companies. Ford's initiative is part of a broader trend among car manufacturers, where vehicles are increasingly used to spy on drivers and harvest data. In today's world, a smartphone can produce up to 3 gigabytes of data per hour, but recently manufactured cars can churn out up to 25 gigabytes per hour–and the cars of the future will generate even more. These vehicles now gather biometric data such as voice, iris, retina, and fingerprint recognition. In 2022, Hyundai patented eye-scanning technology to replace car keys. This data isn't just stored locally; much of it is uploaded to the cloud, a system that has proven time and again to be incredibly vulnerable. Toyota recently announced that a significant amount of customer information was stolen and posted on a popular hacking site. Imagine a scenario where hackers gain control of your car. As cybersecurity threats become more advanced, the possibility of a widespread attack is not far-fetched.

Note: FedEx is helping the police build a large AI surveillance network to track people and vehicles. Michael Hastings, a journalist investigating U.S. military and intelligence abuses, was killed in a 2013 car crash that may have been the result of a hack. For more along these lines, explore summaries of news articles on the disappearance of privacy from reliable major media sources.

In December of 2002, Sharyl Attkisson, an Emmy-winning investigative reporter for CBS News, had an unsettling interview with smallpox expert Jonathan Tucker. In a post-9/11 world, with fears of terrorists using a long-eradicated disease like smallpox as a bioweapon, the US was preparing to bring back the smallpox inoculation program. But to Tucker, the very idea was "agonizing," writes Attkisson. Why? Because it involved "weighing the risk of a possible terrorist use of smallpox ... against the known risks of the vaccine," Tucker told the author. "A ‘toxic' vaccine?" She writes. "Didn't the smallpox vaccine save the world?" But as she soon discovered, it had serious side effects, including a surprisingly high possibility of death. Attkisson witnessed firsthand how deadly the vaccine could be in April of 2003, when a colleague at NBC, journalist David Bloom, died from deep vein thrombosis while on assignment in Iraq. He'd also recently been vaccinated for smallpox, and ... thrombosis was a possible side effect of the inoculation. The majority of scientific studies are funded and even dictated by drug companies. "Studies that could stand to truly solve our most consequential health problems aren't done if they don't ultimately advance a profitable pill or injection," Attkisson writes. "These aren't necessarily drugs designed to make us well, but ones we'll ‘need' for life," writes Attkisson. Some [drug companies] hire "ghostwriters" to author studies promoting a new drug, exaggerating benefits and downplaying risks, and then paying a doctor or medical expert to sign their name to it. "We exist largely in an artificial reality brought to you by the makers of the latest pill or injection," she writes. "It's a reality where invisible forces work daily to hype fears about certain illnesses, and exaggerate the supposed benefits of treatments and cures."

Note: Top leaders in the field of medicine and science have spoken out about the rampant corruption and conflicts of interest in those industries. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

[Don] Poldermans was a prolific medical researcher at Erasmus Medical Center in the Netherlands, where he analyzed the standards of care for cardiac events after surgery, publishing a series of definitive studies from 1999 until the early 2010s. One crucial question he studied: Should you give patients a beta blocker, which lowers blood pressure, before certain surgeries? Poldermans's research said yes. European medical guidelines (and to a lesser extent US guidelines) recommended it accordingly. The problem? Poldermans's data was reportedly fake. A 2012 inquiry by Erasmus Medical School, his employer, into allegations of misconduct found that he "used patient data without written permission, used fictitious data and ... submitted to conferences [reports] which included knowingly unreliable data." Poldermans admitted the allegations and apologized. After the revelations, a new meta-analysis was published in 2014, evaluating whether to use beta blockers before non-cardiac surgery. It found that a course of beta blockers made it 27 percent more likely that someone would die within 30 days of their surgery. Millions of surgeries were conducted across the US and Europe during the years from 2009 to 2013 when those misguided guidelines were in place. One provocative analysis ... estimated that there were 800,000 deaths compared to if the best practices had been established five years sooner.

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

Big tech companies have spent vast sums of money honing algorithms that gather their users' data and scour it for patterns. One result has been a boom in precision-targeted online advertisements. Another is a practice some experts call "algorithmic personalized pricing," which uses artificial intelligence to tailor prices to individual consumers. The Federal Trade Commission uses a more Orwellian term for this: "surveillance pricing." In July the FTC sent information-seeking orders to eight companies that "have publicly touted their use of AI and machine learning to engage in data-driven targeting," says the agency's chief technologist Stephanie Nguyen. Consumer surveillance extends beyond online shopping. "Companies are investing in infrastructure to monitor customers in real time in brick-and-mortar stores," [Nguyen] says. Some price tags, for example, have become digitized, designed to be updated automatically in response to factors such as expiration dates and customer demand. Retail giant Walmart–which is not being probed by the FTC–says its new digital price tags can be remotely updated within minutes. When personalized pricing is applied to home mortgages, lower-income people tend to pay more–and algorithms can sometimes make things even worse by hiking up interest rates based on an inadvertently discriminatory automated estimate of a borrower's risk rating.

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

Erik Prince has been many things in his 54 years on Earth: the wealthy heir to an auto supply company; a Navy SEAL; the founder of the mercenary firm Blackwater, which conducted a notorious 2007 massacre in the middle of Baghdad. Last November, Prince started a podcast called "Off Leash," which in its promotional copy says he "brings a unique and invaluable perspective to today's increasingly volatile world." On an episode last Tuesday, [he said] that the U.S. should "put the imperial hat back on" and take over and directly run huge swaths of the globe. Here's are Prince's exact words: "If so many of these countries around the world are incapable of governing themselves, it's time for us to just put the imperial hat back on, to say, we're going to govern those countries ... 'cause enough is enough, we're done being invaded. You can say that about pretty much all of Africa, they're incapable of governing themselves." Prince's co-host Mark Serrano then warned him that listeners might hear his words and believe he means them: "People on the left are going to watch this," said Serrano, "and they're going to say, wait a minute, Erik Prince is talking about being a colonialist again." Prince responded: "Absolutely, yes." He then added that he thought this was a great concept not just for Africa but also for Latin America. Previous bouts of the European flavor of colonialism led to the deaths of tens of millions of people around the world.

Note: Erik Prince's Blackwater served as a "virtual extension of the CIA." Learn more about how war is a tool for hidden agendas in our comprehensive Military-Intelligence Corruption Information Center.

Some renters may savor the convenience of "smart home" technologies like keyless entry and internet-connected doorbell cameras. But tech companies are increasingly selling these solutions to landlords for a more nefarious purpose: spying on tenants in order to evict them or raise their rent. Teman, a tech company that makes surveillance systems for apartment buildings ... proposes a solution to a frustration for many New York City landlords, who have tenants living in older apartments that are protected by a myriad of rent control and stabilization laws. The company's email suggests a workaround: "3 Simple Steps to Re-Regulate a Unit." First, use one of Teman's automated products to catch a tenant breaking a law or violating their lease, such as by having unapproved subletters or loud parties. Then, "vacate" them and merge their former apartment with one next door or above or below, creating a "new" unit that's not eligible for rent protections. "Combine a $950/mo studio and $1400/mo one-bedroom into a $4200/mo DEREGULATED two-bedroom," the email enticed. Teman's surveillance systems can even "help you identify which units are most-likely open to moving out (or being evicted!)." Two affordable New York City developments made headlines when tenants successfully organized to stop their respective owners' plans to install facial recognition systems: Atlantic Towers in Brooklyn and Knickerbocker Village in the Lower East Side.

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

In almost every country on Earth, the digital infrastructure upon which the modern economy was built is owned and controlled by a small handful of monopolies, based largely in Silicon Valley. This system is looking more and more like neo-feudalism. Just as the feudal lords of medieval Europe owned all of the land ... the US Big Tech monopolies of the 21st century act as corporate feudal lords, controlling all of the digital land upon which the digital economy is based. A monopolist in the 20th century would have loved to control a country's supply of, say, refrigerators. But the Big Tech monopolists of the 21st century go a step further and control all of the digital infrastructure needed to buy those fridges – from the internet itself to the software, cloud hosting, apps, payment systems, and even the delivery service. These corporate neo-feudal lords don't just dominate a single market or a few related ones; they control the marketplace. They can create and destroy entire markets. Their monopolistic control extends well beyond just one country, to almost the entire world. If a competitor does manage to create a product, US Big Tech monopolies can make it disappear. Imagine you are an entrepreneur. You develop a product, make a website, and offer to sell it online. But then you search for it on Google, and it does not show up. Instead, Google promotes another, similar product in the search results. This is not a hypothetical; this already happens.

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

While you may be feeling the pain from high prices at restaurants and supermarkets, many companies making and selling the products are doing remarkably well. Most have seen their profits jump as they continue raising prices on customers. Some companies say they have no choice but to pass inflationary pain on to consumers. Others, however, acknowledge they are exploiting the inflationary atmosphere to raise prices, or to shrink product sizes. Meanwhile, companies spent billions rewarding investors with stock buybacks. Menu and grocery store prices may remain elevated. In earnings calls, executives detail plans to maintain high prices even as some costs are falling. The companies' net profits are up by a median of 51% since just prior to the pandemic, and in one case as much as 950%. The average American worker has not fared as well: wages are only up 5% since inflation's peak. For the lowest earners, food price increases during the last two years are outpacing wage gains by over 340%. Kroger's CEO told investors in June 2022, "a little bit of inflation is always good for our business", while Hostess's CEO said rising prices across the economy "helps" it profit because they can raise prices to levels that exceed their increased costs. Food prices have increased more than most other industries, federal data shows. While prices in the economy overall have risen by around 16% since mid-2022, families are now paying 19% more for food.

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

On an October morning, a small army arrived to evict Rudy Ortega from his home in the Crash Zone, an encampment located near the end of the airport runway in San Jose, California. The camp, one of the largest in California, was cleared between 2021 and 2023 in part by a private company named Tucker Construction. Public spending on private sweep contractors is soaring across California. In total, private firms have been paid at least $100m to clear homeless camps, an investigation by the Guardian and Type Investigations has found. Pete White, the founder of the Los Angeles Community Action Network ... says he's observed a steady increase in the privatization of sweeps in recent years. "The growth of a private industry geared towards removing and dismantling informal settlements and houseless encampments has grown steadily in Los Angeles and across the country," said White. "Not only are we seeing a growth in the loss of property, but also the loss of rights." Firms vying for contracts to sweep encampments in California include mid-size construction companies that also do home renovations, as well as large environmental services firms that specialize in cleaning up hazardous waste and responding to public emergencies. A study of the health impacts of sweeps where the Crash Zone is located found that unhoused residents often lost medicines and other "health necessities" and that sweeps "drove unhoused people into hazardous, isolated, less visible spaces". As well as the loss of their homes, they allege the destruction of belongings that rules are meant to protect.

Note: Read more about the unprecedented rise in food costs that are leaving millions of Americans facing higher prices and growing food insecurity. For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world from reliable major media sources.

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