It’s an incredible public relations coup for an industry desperate to rescue its image. Just last month, Purdue Pharma pleaded guilty and has agreed to penalties of more than $8 billion after being prosecuted for its role in America’s horrific opioid crisis. Pfizer set an earlier record for a drug industry fraud settlement in 2009 at $2.3 billion, in a case over its fraudulent marketing of a painkiller, an antipsychotic and other drugs for conditions for which it hadn’t received approval.The turpitude of the pharmaceutical industry is so commonplace that it has become part of the cultural wallpaper. The screenwriters of the 1993 movie
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Why the worst case for climate change doesn’t look realistic: Viewpoint
A group of climate scientists recently got together on Twitter and tried to figure out what a more realistic scenario looked like. They fed energy predictions from the International Energy Agency into climate models and found out that 3 degrees of warming is a much more likely business-as-usual scenario than 5 degrees.
Robots in finance could wipe out some of its highest-paying jobs
“Financial machine learning creates a number of challenges for the 6.14 million people employed in the finance and insurance industry, many of whom will lose their jobs — not necessarily because they are replaced by machines, but because they are not trained to work alongside algorithms,” Lopez de Prado told the US House Committee on Financial Services.
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