Tag Archives: industrial

Trump’s craving for more nukes a ‘rip off’ that only benefits military industrial complex

The Trump administration’s blueprint for building more nuclear warheads to contain “strategic competitors” is a “rip-off” that only benefits manufacturers, not the American people, foreign policy analyst Robert Naiman told RT. The plan to expand the US low-yield nuclear arsenal, outlined in the draft of the upcoming Nuclear Posture Review leaked to the media, is an “outrageous and foolish” idea ...

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‘US industrial giants would rather let workers die than stop using asbestos’ – legal magazine editor

US corporations have been using asbestos despite evidence it causes cancer in workers, and millions of dollars are being spent on lobbying to cover this up, according to Farron Cousins, executive editor of Trial Lawyer magazine. Asbestos has been used all over the world for more than 100 years in all types of manufacturing, from insulation to paper products. Its ...

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Dow Jones industrial average tops 20,000 for the first time

The Dow Jones Industrial Average traded above 20,000 for the first time on Wednesday, resuming a rally that began in the wake of U.S. President Donald Trump’s surprise election victory. The rally was reignited by Trump’s signing of numerous executive orders since his inauguration on Friday. The index came within a point of the historic level on Jan. 6, as ...

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UK report accuses PwC of tax avoidance on industrial scale

LONDON (AP) — A British parliamentary committee has accused the accounting firm PwC of promoting tax avoidance on an industrial scale, and called for the government to step in and do more to regulate the tax industry. The Public Accounts Committee says in a scathing report Friday that PwC mass-marketed tax avoidance plans, diverting profits to Luxembourg through intra-company loans. ...

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