Tag: Business
Pharma Giants Launch Legal Blitz to Prevent Medicare Price Negotiations
The pharmaceutical industry launched a barrage of lawsuits to prevent the federal government from negotiating the price of prescription drugs for Medicare patients. Four companies,…
August 7, 2023
How Johnson & Johnson is abusing bankruptcy court to protect shareholders
Johnson and Johnson reached a tentative $8.9 billion agreement to compensate tens of thousands of people who claim the company’s talcum-based products gave them cancer.…
July 25, 2023
How CEOs Manipulate the Stock Market
You’ve heard the term stock buybacks everywhere this year. In the airline and railroad industry, the oil and gas industry, in entertainment, and in food…
May 4, 2023
Inside UPS’s New Business Strategy: Executive Pay Skyrockets As Infrastructure Investment Dwindles
United Parcel Service (UPS) experienced a significant drop in revenue last quarter. The decline raises concerns about the company's new business strategy, which focuses less…
April 27, 2023
Bed, Bath & Beyond’s Ex-CEO Got Rich Bankrupting the Retailer, Now Workers Stand to Lose
Bed, Bath and Beyond is spiraling towards bankruptcy, but in a cruel twist of fate reminiscent of other recent retailers, the executives responsible for wrecking…
January 11, 2023