profiteering
Dozens of the largest low-wage employers in the United States manipulated their own rules during the coronavirus pandemic to hand wealthy CEOs substantial raises while their vulnerable frontline workers struggled to get by with inadequate paychecks, meage ...[Read more]
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‘Cry No Tears for These Death Profiteers’: Pharma Stocks Plunge as Biden Backs Vaccine Patent Waiver
Stocks of major pharmaceutical corporations plummeted Wednesday after the Biden administration announced its support for a coronavirus vaccine patent waiver, a measure that would free vaccine recipes from Big Pharma's stranglehold and help enable generic ...[Read more]
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In the face of mounting international pressure, the Biden administration on Wednesday announced support for waiving intellectual property protections for Covid-19 vaccines—which campaigners welcomed as "a transformative, hopeful event" that has the pote ...[Read more]
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The vaccines made by Pfizer and Moderna, which are likely to be the first to win FDA approval, in particular rely heavily on two fundamental discoveries that emerged from federally funded research: the viral protein designed by Graham and his colleagues, ...[Read more]
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Dozens of congressional Democrats and Sen. Bernie Sanders on Monday urged top Biden officials to release unredacted copies of multi-billion-dollar coronavirus vaccine contracts that the Trump administration negotiated in secret with major pharmaceutical c ...[Read more]
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Bill Gates, one of the world's richest men and most powerful philanthropists, was the target of criticism from social justice campaigners on Sunday after arguing that lifting patent protections on COVID-19 vaccine technology and sharing recipes with the w ...[Read more]
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Pfizer, Johnson & Johnson, and AstraZeneca—three of the world's top coronavirus vaccine manufacturers—have paid out a combined $26 billion in dividends and stock buybacks to their shareholders over the past year, a sum that could fully fund the cost o ...[Read more]
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Florida Gov. Ron DeSantis is adamantly refusing to consider increasing unemployment benefits in his state as many works are still struggling due to the impact of the COVID-19 pandemic. ...[Read more]
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Last August, Jamelle Brown, a technician at Research Medical Center in Kansas City, Missouri, contracted Covid-19 while on the job sanitizing and sterilizing rooms in the facility's emergency department. Luckily, his case wasn't severe, and after having q ...[Read more]
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As the first anniversary of the police killing of George Floyd approaches, we speak with author and journalist Victoria Law, who says despite the mass movement to fight systemic racism sparked by Floydâs death, persistent myths about policing, incarc ...[Read more]
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We look at pandemic profiteering in the medical system as a new report by Kaiser Health News reveals some of the nationâs richest hospitals recorded hundreds of millions of dollars in surplus over the past year after accepting federal healthcare bail ...[Read more]
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