DECEMBER 16, 2000

Full News Archive

• Headline: LifeScan's Guilty Plea Over Defective Devices. Impact: LifeScan’s guilty plea paved the way for a series of regulations and lawsuits that would redefine accountability in the pharmaceutical industry. Today, we’re still waiting for the next big scandal that will likely involve something much worse than a glucose monitor.. Fact: Johnson & Johnson is a household name, but this incident proves that even giants can stumble over their own feet—or faulty medical devices, in this case..
• Headline: Oil Patch Is Coming Back to Life As Natural Gas Prices Set Record. Impact: The revitalization of oil patches led to a temporary economic boom, which lured a new generation into the oil industry. Ironically, this resurgence has also contributed to ongoing debates about environmental impacts, making us wonder if prosperity is worth the carbon footprint.. Fact: Natural gas prices hitting record highs could have led to a reality show called 'Survivor: Oil Patch Edition.' Spoiler alert: it’s just a lot of people arguing over who gets to drill where..