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.

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

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?

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

PM Stocks Recap You Need to Read: US stocks sell-off through entire session as global economic concerns mount

by QuantalyticsResearch US Markets End of Day Snapshot US stocks sold off, moving lower from open until the session closed; the risk-off sentiment that drove the sell-off is rooted in concerns over the health of the global economy The S&P500 closed today at a level last seen in April, it is down almost 3% year … Read more

Putin threatens to BAN GOOGLE in Russia

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

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

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

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

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’

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