On Wire

Breaking news, updates, and reports on current events.

Shares in Johnson & Johnson plunged more than 10% on Friday, after Reuters reported that the US pharmaceutical giant had known about asbestos tainting its talcum powder since 1971.

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by Undercover5051 The report comes as the company faces thousands of lawsuits claiming that its talc products caused cancer. https://www.bbc.co.uk/news/business-46572536? Reuters reviewed Johnson & Johnson documents produced as part of the trials, many of which had been shielded from view by court orders. The documents revealed that from at least 1971 to the early 2000s … Read more

Judicial Watch: Clinton’s, President Trump, & the Scandal of Our Generation

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by Thinker On December 3, the Center for Security Policy held its annual Freedom Flame Award Dinner in honor of Judicial Watch President Tom Fitton. Joe diGenova, founding partner of diGenova & Toensing, LLP and former United States Attorney, District of Columbia, introduces Freedom Flame Award recipient Tom Fitton. Well, once again it looks like justice … Read more

Fed Rally?

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via northmantrader: Oh dear. Ten trading days left in the year and things are looking grim. Last week’s 100 handle rip off of the Monday lows was sold again amid relentless fund outflows producing the lowest weekly close on $ES in 2018. Many sectors made new yearly lows including banks, transports and small caps. The 2009 bull … Read more

Putin threatens to BAN GOOGLE in Russia

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Russian officials have threatened to block Google’s access in Russia unless it complies with a law that asks it to ban certain websites. The Vladimir Putin-led country is putting intense pressure on internet companies to block content it deems harmful after passing a law in September that required search engines to comply with the state … Read more

YOUTUBE removed 7.8 million videos and 224 million comments in Q3 2018

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Google owned YouTube published the YouTube Community Guidelines Enforcement report for the third quarter of 2018 yesterday. The report highlights that YouTube removed 7.8 million videos, 224 million comments, and 1.6 million channels in the quarter alone based on policy violations. The majority of videos and comments that were removed by YouTube were removed automatically. … Read more

Jeffrey Gundlach: Global Growth Is Slowing

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Original Post Jeffrey Gundlach’s DoubleLine Total Return Bond Fund webcast for the month of December 2018, discussing the how the global growth is slowing. TAB I – GLOBAL ECONOMY “Scared sick looking at it” – Ernest Hemingway MSCI ACWI and Central Banks Source: Bloomberg, DoubleLine BoJ = Bank of Japan, ECB = European Central Bank, MSCI ACWI … Read more

Facebook Loses the Public’s Trust

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by Jim Quinn You will find more infographics at Statista Out of the major tech companies, people trust Facebook the least with their personal information. Amazon and Twitter come in a distant second and third, with 8 percent of people saying they trust these companies the least with their personal information. Five times more people place Facebook as the least trustworthy company … Read more

Chinese social credit system adjusted to punish regulations-breaking scientists weeks after CRISPR gene editing scandal

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The Chinese government has expanded its controversial social credit system to include infractions made by research scientists. Researchers in China who commit scientific misconduct could soon be prevented from getting a bank loan, running a company or applying for a public-service job. https://www.nature.com/articles/d41586-018-07740-z Maybe a reaction to Chinese scientist He Jiankui’s gene-editing experiment. He admitted … Read more

North Carolina Governor VETOES Voter I.D. Bill – ‘A solution in search of a problem’

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Raleigh, N.C. — Gov. Roy Cooper on Friday vetoed legislation setting up the rules for the state’s new requirement that voters present photo identification at the polls, calling it “a solution in search of a problem.” The General Assembly is expected to gather next week to override Cooper’s decision. Republicans hold a super-majority in both … Read more

Lefty Millennial Media Companies Are Collapsing, Investors Pull Out (Everybody Pulls Out on The Left)

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Lefty Millennial Media Companies Are Collapsing, Investors Pull Out. Vice and Vox have both missed revenue projections, Disney has written down their investment in Vice by 157 Million dollars, and Buzzfeed resorted to selling cookware at Walmart. Social justice, the far left, and intersectional feminism were easy ways for companies to generate anger to get … Read more

Neofeudalism Isn’t a Flaw of the System–It’s the System Working Perfectly

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by Charles Hugh-Smith Fakery is always precarious: the truth about the asymmetries of power might slip out and spread like wildfire. I’ve been writing about neofeudalism and its cousin neocolonialism for seven years: 500 Million Debt-Serfs: The European Union Is a Neo-Feudal Kleptocracy (July 22, 2011) The E.U., Neofeudalism and the Neocolonial-Financialization Model (May 24, 2012) The … Read more

RIP IT OUT OF THEIR HANDS! New Study Reveals NIGHTMARE Effect of Heavy Screen Time on Young Brains

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https://www.youtube.com/watch?v=aSSabO9QuG8 Lisa Lee for Bloombergquint reports, Brain scans of adolescents who are heavy users of smartphones, tablets and video games look different from those of less active screen users, preliminary results from an ongoing study funded by the National Institutes of Health show, according to a report on Sunday by “60 Minutes.” Read More/Source/Credit/FairUse: https://www.bloombergquint.com/techno… … Read more

Stock Sell-Off Takes Key Sectors Into or Near Bear Markets

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via Ryan Vlastelica U.S. stocks fell 2 percent on Friday, extending a recent decline that has threatened to push key sectors and segments of the equity market into bear-market territory as concerns mounted over the health of the global economy. The day’s losses were widespread, with all 11 of the primary S&P 500 sectors in negative territory. According … Read more

Almost every part of President’s life under investigation… Threatens to dominate third year in office

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Investigations look at Trump’s life from all angles WASHINGTON (AP) — Investigations now entangle Donald Trump’s White House, campaign, transition, inauguration, charity and business. For Trump, the political, the personal and the deeply personal are all under examination. Less than two years into Trump’s presidency, his business associates, political advisers and family members are being … Read more