monopolies

Smithfield gets into the organ-transplant business

Smithfield Farms, the world’s largest pork producer, is launching a bioscience arm to ramp up company sales of pig parts for medical procedures. The $14-billion subsidiary of China’s WH Group hopes to one day offer pig organs for human transplants.

Fraudulent fishing tycoon exposes weakness in New England ‘catch shares’

After decades of gaming and monopolizing the system governing commercial fishing rights in New England, a crime lord known as The Codfather has been kicked from his throne in New Bedford, Massachusetts, writes Ben Goldfarb in FERN’s latest story, co-produced with Mother Jones. Rafael will plead guilty for fraud before a federal judge in Boston on Thursday, facing 25 years in prison and $500,000 in fines.