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.

The Environmental Protection Agency just hid data that mapped out the locations of thousands of dangerous chemical facilities, after chemical industry lobbyists demanded that the Trump administration take down the public records. The webpage was quietly shut down late Friday ... stripping away what advocates say was critical information on the secretive chemical plants at highest risk of disaster across the United States. The data was made public last year through the Environmental Protection Agency (EPA)'s Risk Management Program, which oversees the country's highest-risk chemical facilities. These chemical plants deal with dangerous, volatile chemicals – like those used to make pesticides, fertilizers, and plastics – and are responsible for dozens of chemical disasters every year. The communities near these chemical facilities suffer high rates of pollution and harmful chemical exposure. There are nearly 12,000 Risk Management Program facilities across the country. For decades, it was difficult to find public data on where the high-risk facilities were located, not to mention information on the plants' safety records and the chemicals they were processing. But the chemical lobby fiercely opposed making the data public – and has been fighting for the EPA to take it down. After President Donald Trump's victory in November, chemical companies donated generously to his inauguration fund.

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

U.S. Secretary of Agriculture Brooke Rollins, in a brief announcement unveiling new staff hires on Monday, released a blurb about Kelsey Barnes, her recently appointed senior advisor. Barnes is a former lobbyist for Syngenta, the Chinese state-owned giant that manufactures and sells a number of controversial pesticide products. Syngenta's atrazine-based herbicides, for instance, is banned in much of the world yet is widely used in American agriculture. It is linked to birth defects, low sperm quality, irregular menstrual cycles, and other fertility problems. The leadership of USDA is filled with personnel with similar backgrounds. Scott Hutchins, the undersecretary for research, is a former Dow Chemical executive at the firm's pesticide division. Kailee Tkacz Buller, Rollins's chief of staff, previously worked as the president of the National Oilseed Processors Association and Edible Oil Producers Association, groups that lobby for corn and other seed oil subsidies. Critics have long warned that industry influence at the USDA creates inherent conflicts of interest, undermining the agency's regulatory mission and public health mandates. The revolving door hires also highlight renewed tension with the "Make America Healthy Again" agenda promised by Health and Human Services Secretary Robert F. Kennedy, Jr. The 2025-2030 Dietary Guidelines for Americans may serve as a test of whether establishment industry influence at the agencies will undermine MAHA promises.

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 government corruption and toxic chemicals.

The wellness industry wouldn't be as lucrative if it didn't prey on our insecurities. Young people, disillusioned by polarized politics, saddled with astronomical student loan debt, and burned out by hustle culture, turned to skin care, direct-to-consumer home goods, and food and alcohol delivery – aggressively peddled by companies eager to capitalize on consumers' stressors. While these practices may be restorative in the short term, they fail to address the systemic problems at the heart of individual despair. A certain kind of self-care has come to dominate the past decade, as events like the 2016 election and the Covid pandemic spurred collective periods of anxiety layered on top of existing societal harms. As the self-care industry hit its stride in America, so too did interest in the seemingly dire state of social connectedness. In 2015, a study was published linking loneliness to early mortality. In the years that followed, a flurry of other research illuminated further deleterious effects of loneliness. There is no singular driver of collective loneliness globally. But one practice designed to relieve us from the ills of the world – self-care, in its current form – has pulled us away from one another, encouraging solitude over connection. America's loneliness epidemic is multifaceted, but the rise of consumerist self-care that immediately preceded it seems to have played a crucial role in kicking the crisis into high gear – and now, in perpetuating it. You see, the me-first approach that is a hallmark of today's faux self-care doesn't just contribute to loneliness, it may also be a product of it. Research shows self-centeredness is a symptom of loneliness.

Note: Our latest Substack, Lonely World, Failing Systems: Inspiring Stories Reveal What Sustains Us, dives into the loneliness crisis exacerbated by the digital world and polarizing media narratives, along with inspiring solutions and remedies that remind us of the true democratic values that bring us all together. For more along these lines, read our concise summaries of news articles on corporate corruption and mental health.

Conservative social media influencers have been caught posting coordinated messages opposing proposed nutritional guidelines for SNAP benefits–the government assistance program formerly known as food stamps–after receiving payments from public relations firms. The campaign emerged as Agriculture Secretary Robert F. Kennedy Jr. explores limitations on using SNAP benefits for sugary beverages. During fiscal year 2021, the program disbursed over $121 billion in benefits, with a significant portion spent on ultra-sugary drinks that provide minimal nutritional value. Kennedy previously argued in an opinion column that it is "nonsensical for U.S. taxpayers to spend tens of billions of dollars subsidizing junk that harms the health of low-income Americans." In response, several high-profile accounts began posting nearly identical messages criticizing the proposed reforms. Independent reporter Nick Sortor revealed that these posts were orchestrated by Influenceable, a public relations firm offering influencers up to $1,000 per post to oppose SNAP reforms. Sortor published text messages documenting these solicitations. This incident highlights a longstanding pattern in the beverage industry's approach to policy debates over sugary drinks. For more than two decades, soda companies have quietly funded scientists, advocacy groups, journalists and community organizations to counter proposals limiting sugary beverage consumption.

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 corruption in government and in the food system.

The inaugural "AI Expo for National Competitiveness" [was] hosted by the Special Competitive Studies Project – better known as the "techno-economic" thinktank created by the former Google CEO and current billionaire Eric Schmidt. The conference's lead sponsor was Palantir, a software company co-founded by Peter Thiel that's best known for inspiring 2019 protests against its work with Immigration and Customs Enforcement (Ice) at the height of Trump's family separation policy. Currently, Palantir is supplying some of its AI products to the Israel Defense Forces. I ... went to a panel in Palantir's booth titled Civilian Harm Mitigation. It was led by two "privacy and civil liberties engineers" [who] described how Palantir's Gaia map tool lets users "nominate targets of interest" for "the target nomination process". It helps people choose which places get bombed. After [clicking] a few options on an interactive map, a targeted landmass lit up with bright blue blobs. These blobs ... were civilian areas like hospitals and schools. Gaia uses a large language model (something like ChatGPT) to sift through this information and simplify it. Essentially, people choosing bomb targets get a dumbed-down version of information about where children sleep and families get medical treatment. "Let's say you're operating in a place with a lot of civilian areas, like Gaza," I asked the engineers afterward. "Does Palantir prevent you from ‘nominating a target' in a civilian location?" Short answer, no.

Note: "Nominating a target" is military jargon that means identifying a person, place, or object to be attacked with bombs, drones, or other weapons. Palantir's Gaia map tool makes life-or-death decisions easier by turning human lives and civilian places into abstract data points on a screen. Read about Palantir's growing influence in law enforcement and the war machine. For more, watch our 9-min video on the militarization of Big 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.

Palantir is profiting from a "revolving door" of executives and officials passing between the $264bn data intelligence company and high level positions in Washington and Westminster, creating an influence network who have guided its extraordinary growth. The US group, whose billionaire chair Peter Thiel has been a key backer of Donald Trump, has enjoyed an astonishing stock price rally on the back of strong rise of sales from government contracts and deals with the world's largest corporations. Palantir has hired extensively from government agencies critical to its sales. Palantir has won more than $2.7bn in US contracts since 2009, including over $1.3bn in Pentagon contracts, according to federal records. In the UK, Palantir has been awarded more than Ł376mn in contracts, according to Tussell, a data provider. Thiel threw a celebration party for Trump's inauguration at his DC home last month, attended by Vance as well as Silicon Valley leaders like Meta's Mark Zuckerberg and OpenAI's Sam Altman. After the US election in November, Trump began tapping Palantir executives for key government roles. At least six individuals have moved between Palantir and the Pentagon's Chief Digital and Artificial Intelligence Office (CDAO), an office that oversees the defence department's adoption of data, analytics and AI. Meanwhile, [Palantir co-founder] Joe Lonsdale ... has played a central role in setting up and staffing Musk's Department of Government Efficiency.

Note: Read about Palantir's growing influence in law enforcement and the war machine. For more, read our concise summaries of news articles on corruption in the military and in the corporate world.

The US spy tech company Palantir has been in talks with the Ministry of Justice about using its technology to calculate prisoners' "reoffending risks", it has emerged. The prisons minister, James Timpson, received a letter three weeks after the general election from a Palantir executive who said the firm was one of the world's leading software companies, and was working at the forefront of artificial intelligence (AI). Palantir had been in talks with the MoJ and the Prison Service about how "secure information sharing and data analytics can alleviate prison challenges and enable a granular understanding of reoffending and associated risks", the executive added. The discussions ... are understood to have included proposals by Palantir to analyse prison capacity, and to use data held by the state to understand trends relating to reoffending. This would be based on aggregating data to identify and act on trends, factoring in drivers such as income or addiction problems. However, Amnesty International UK's business and human rights director, Peter Frankental, has expressed concern. "It's deeply worrying that Palantir is trying to seduce the new government into a so-called brave new world where public services may be run by unaccountable bots at the expense of our rights," he said. "Ministers need to push back against any use of artificial intelligence in the criminal justice, prison and welfare systems that could lead to people being discriminated against."

Note: Read about Palantir's growing influence in law enforcement and the war machine. For more, read our concise summaries of news articles on corruption in the prison system and in the corporate world.

Outer space is no longer just for global superpowers and large multinational corporations. Developing countries, start-ups, universities, and even high schools can now gain access to space. In 2024, a record 2,849 objects were launched into space. The commercial satellite industry saw global revenue rise to $285 billion in 2023, driven largely by the growth of SpaceX's Starlink constellation. While the democratization of space is a positive development, it has introduced ... an ethical quandary that I call the "double dual-use dilemma." The double dual-use dilemma refers to how private space companies themselves–not just their technologies–can become militarized and integrated into national security while operating commercially. Space companies fluidly shift between civilian and military roles. Their expertise in launch systems, satellites, and surveillance infrastructure allows them to serve both markets, often without clear regulatory oversight. Companies like Walchandnagar Industries in India, SpaceX in the United States, and the private Chinese firms that operate under a national strategy of the Chinese Communist Party called Military-Civil Fusion exemplify this trend, maintaining commercial identities while actively supporting defense programs. This blurring of roles, including the possibility that private space companies may develop their own weapons, raises concerns over unchecked militarization and calls for stronger oversight.

Note: For more along these lines, read our concise summaries of news articles on corruption in the military and in the corporate world.

On March 21, Treasury Secretary Scott Bessent announced that U.S. shell companies and their owners can once again conceal their identities – a move critics warn could weaken national security and spur illicit financial activity that puts the American public at risk. Treasury's initial beneficial ownership information (BOI) disclosure requirement for all companies with less than 20 employees garnered bipartisan support and Trump's approval during his first administration, but it was short-lived. Officially brought into force last January 2024, and then stymied by lawsuits, the requirement passed its final legal roadblock in February 2025 – only to be shelved a month later by the administration. Now, when a U.S. citizen sets up a shell company in the U.S., they do not have to disclose their identity or the identities of the company's "beneficial owners," or the individuals who profit from the company or control its activities. American beneficial owners of foreign shell companies that register in the U.S. have been granted the same anonymity. Under the latest limited regulation, only non-American owners will be required to register with the U.S. government. U.S. shell companies have been successfully used as cover for illegal arms sales for decades. Hints of a business's true breadth and depth only emerge when a trafficker is apprehended, such as the case of Pierre Falcone who used secret accounts in Arizona to hide his proceeds from arms trafficking to Angola.

Note: For more along these lines, read our concise summaries of news articles on corruption in government and in the corporate world.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.