Millions of People Used Tainted Breathing Machines. The FDA Failed to Use Its Power to Protect Them.
The FDA’s complaint-tracking system for medical devices allowed Philips to obscure when it knew about dangerous CPAPs. New reporting shows the regulatory lapses extend to many devices and companies.
A Top Mutual Fund Executive Made Millions for Himself Trading the Same Stocks His Giant Fund Was Trading
Confidential IRS data reveals that David Hoeft, chief investment officer of mutual fund giant Dodge & Cox, was one of many investment managers who bought and sold the same stocks their company was trading.
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Time and again, Johnny Taylor’s duty to keep the rails safe from disaster conflicted with his employer’s desire to keep its trains running as fast and as frequently as possible, putting his career and family in peril.
The giant consulting firm proposed that Microsoft transfer billions in profits to a small factory in Puerto Rico. The step initially saved the software company billions — then led to an IRS audit and a bill for $28.9 billion in back taxes.
A ProPublica investigation last year about RealPage’s rent-setting software led to federal lawsuits asserting inflated apartment prices.
Sen. Richard Blumenthal’s letter to two federal agencies comes after a ProPublica and Pittsburgh Post-Gazette investigation found Philips kept secret thousands of warnings about its tainted breathing machines.