Selfishness and Self-interest

By Carl Southwell | Current reflections on these major motivational concepts

Why Burberry burned bags, clothes and perfume worth millions

Burberry burnt $37.8 million in clothes and beauty products last year to stop them being sold at a …

Amazon and its CEO Jeff Bezos have beat out Walmart to become a symbol for everything wrong with American big business

Drew Angerer/Getty Images<p><b>Amazon has been bombarded by negative press, with calls for boycott flooding social media on Prime Day, the company's</b> …

Enterprise Tech

Why is InfoWars allowed on Facebook? Zuckerberg: Because it doesn’t cause “harm”

"Within this, those principles have real trade-offs and real tug on each other."<p>Last week, Facebook invited some media outlets to an event to hear …

Internet

Long Beach Pacific Hospital fraud called largest in California history

LONG BEACH >> Michael D. Drobot, former owner of the now-defunct Pacific Hospital, agreed to plea guilty Friday to charges connected to what state …

2 more doctors indicted in suspected massive health care fraud scheme tied to Long Beach hospital

Two more Southern California physicians have been indicted as part of an ongoing federal investigation into an alleged health care fraud scheme …

Health Care

Federal Reserve chair calls decline in workers' share of profits 'very troubling'

The fall in the percentage of economic growth flowing to workers is "very troubling," a worrisome sign in an otherwise bright American economy, Federal Reserve chief Jerome Powell told a Senate panel Tuesday.<p>Testifying in front of the Senate Banking Committee, Powell expressed concern that the …

Federal Reserve

If the economy is 'roaring', why are so many Americans still struggling? | Bernie Sanders

I’ve been on the verge of eviction for falling so far behind on my rent. I’m getting by on food stamps Walmart worker<p>We’re tired of surviving, we want to live. We can’t even survive off $7.25 McDonald's worker<p>Donald Trump tells us every day the US economy is “strong”, “booming” and “roaring”. Yes. …

Bernie Sanders

The ‘Amazon Tax’ Ruling: Disrupting the Disruptors?

Amazon gathers sales taxes on products it manufactures and sells directly, but doesn’t collect on behalf of third-party businesses that use its …

Housing

Torpy at Large: When a murderous cop has law-and-order enablers

I tried for a couple of days this week to get a hold of District Attorney Jackie Johnson in Brunswick to ask her some questions.<p>The most pressing: …

Crime

Illinois governor profits off ICE detention center contracts

CHICAGO — Gov. Bruce Rauner this year reported a profit from a private equity fund that owns a health care group servicing U.S. Immigration and Customs Enforcement detention centers, including facilities that hold immigrant families with children.<p>In his most recent statement of economic interests, …

Bruce Rauner

Corporations Invested Their Tax Cuts Into Stock Buybacks That Didn’t Even Work

Last year, amid a historic drug-overdose epidemic, a rapidly accelerating ecological emergency, a deepening crisis of housing affordability, a …

S&P 500

The Real Story of Donald Trump Jr.

All he ever wanted was to make his dad proud, but things have never turned out quite right for Donald Trump Jr. Even now, despite finding his purpose as a bombastic star of the far right, Junior’s personal life is in shambles and the specter of Robert Mueller looms large. As Julia Ioffe discovers …

Donald Trump

OxyContin maker placed profits over people, lawsuit reveals

NASHVILLE, Tenn. — A newly unsealed lawsuit by Tennessee’s attorney general says the maker of the world’s top-selling painkiller directed its sales …

Medicine

European colonisation of Americas wiped out native dogs alongside indigenous people

European colonisers arriving in the Americas almost totally wiped out the dogs that had been kept by indigenous people across the region for …

Anthropology

Is it great to be a worker in the U.S.? Not compared with the rest of the developed world.

The U.S. labor market is hot. Unemployment is at 3.8 percent, a level it’s hit only once since the 1960s, and many industries report deep labor shortages. Old theories of what’s wrong with the labor market — such as a lack of people with necessary skills — are dying fast. Earnings are beginning to …

Income Inequality

'All humanity has left the area': paying for Tesla's Gigafactory

Tesla’s battery factory brought high-paid tech jobs to Nevada – but is soaking up huge tax breaks that critics say have seriously depleted public services<p>When Nevada enticed Tesla to set up a gargantuan battery factory in the desert, America’s gambling capital seemed to have hit the jackpot.<p>The …

Tesla

Columbia Student Who Fought Sexual Violence Faces Child Sex Crime Charges

A Columbia University student whose global campaign against rape and sexual abuse of children earned him berths to speak alongside United Nations and State Department officials was himself charged this week with a series of sex crimes against children.<p>In a complaint filed in federal court Tuesday …

United States

How to get away with financial fraud

Some of the world’s biggest scandals have gone unspotted for years. The nature of fraud is that it works outside our field of vision. By Dan Davies<p>‘Guys, you’ve got to hear this,” I said. I was sitting in front of my computer one day in July 2012, with one eye on a screen of share prices and the …

Headphones

Nigel Farage denies shorting value of sterling on night of Brexit vote

Nigel Farage has denied placing currency bets against sterling after an investigation raised questions over public statements he made suggesting the remain camp had won on the night of the EU referendum.<p>A spokesperson said on Monday that Farage “had no financial interest in currency movements on …

Financial Services

A team of AI algorithms just crushed humans in a complex computer game - MIT Technology Review

Five different AI algorithms have teamed up to kick human butt in Dota 2, a popular strategy computer game.<p>Researchers at OpenAI, a nonprofit based …

Artificial Intelligence

Amazon Crushes a Small Tax That Would Have Helped the Homeless

Seattle quickly walked back a tax on major businesses that would have raised money for affordable housing after Amazon threatened to stop construction in the city.<p>Having conquered the e-commerce world, Amazon has begun throwing its weight around in politics. <b>Jeff Bezos,</b> the wealthiest person in the …

City Politics

Sara Netanyahu, Israeli Prime Minister's Wife, Is Charged With Fraud

Sara Netanyahu, Israeli Prime Minister Benjamin Netanyahu's wife, is charged with fraud and breach of trust over having ordered nearly $100,000 worth of food to be catered from pricey restaurants between 2010 and 2013. Prosecutors say she had the government pick up the tab — and falsely claimed …

Israel

The Scientist Magazine - Life Sciences News and Articles

Covering the life sciences inside and out<p>In the largest-ever study of its kind, researchers combined genomic data from nearly 900,000 patients and …

Cell Biology

Promoted six times and then fired: Inside a 24-year-old political appointee’s wild ride in Trump’s Washington

He was one of the fastest-rising political appointees of the Trump administration, an unpaid campaign intern with no professional experience who soared into a top job with a six-figure salary at the White House’s drug policy office. But on Jan. 14, in the hours after a front-page Washington Post …

Donald Trump

How Donald Trump Took Transactional Philanthropy to Its Logical, and Illegal, Extreme

Donald Trump, today, became the poster child for transactional philanthropy: Even when he spends other people’s money, or makes a charitable donation …

Tesla workers say they pay the price for Elon Musk's big promises

You have to do it like we do it, 12 hours a day, six days a week … That’s where the wear and tear comes from<p>When the big alpha dog of the factory uses that word, it allows others to start thinking about people like that<p>It was “a master class in emotional intelligence”, raved the business magazine …

Tesla

Germany orders Mercedes to recall 774,000 diesel models

The auto industry's diesel emissions scandal continues to spread its noxious tentacles. According to a new Bloomberg report, the latest company in the crosshairs is Daimler, makers of Mercedes-Benz. The automaker is being ordered by the Germany government to recall 774,000 diesel vehicles in Europe …

Stores market sugary drinks more heavily on days when SNAP benefits are issued

Stores market sugary drinks more heavily during Supplemental Nutrition Assistance Program (SNAP) benefit issuance days, according to a new study.The …

Think Manhattan’s DA Goes Easy on the Rich? Look at How He Prosecutes the Poor.

<i>The story was published in partnership with</i> <i>The Marshall Project</i><i>, a nonprofit newsroom covering the US criminal justice system. Sign up for their</i> …