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Corporate news

Half of UK councils face financial collapse – report
Half the UK’s local councils are at risk of collapse, the government’s official auditor has said, warning that one in six may be unable to provide basic services this year. The warning comes after severe cuts in national government funding.

19.11.2014 16:21

7 US corporations paid CEOs more than govt in taxes
In 2013, seven of the 30 largest US corporations paid their chief executive officers more in remuneration than they paid in US federal income taxes, according to a new study.

19.11.2014 15:41

Katana-wielding robots battle each other with deadly precision (VIDEO)
A Swiss robotics company has created a viral video of a ballet-like battle between katana-wielding machines. The demonstration shows the precision of the robots at a time the company is investing in artificial intelligence.

18.11.2014 19:34

‘Who’s government working for?’ Cameron backing TTIP at G20 slammed by campaigners
David Cameron’s pledge at the G20 to fast-track a controversial EU-US trade deal has infuriated trade unionists and campaigners, who fear the permanent privatization of the NHS and erosion of Britain’s food standards.

17.11.2014 12:38

Call me Mx! RBS announces ‘gender neutral’ banking, alternative to ‘Mr’ & ‘Mrs’
The Royal Bank of Scotland (RBS) will no longer ask for your mother’s maiden name as a security question, in order to include LGBT people. The bank may also offer account holders the option of using ‘Mx’ instead of the gender normative ‘Mr’ or ‘Mrs’.

17.11.2014 13:12

Zero tolerance: Labour vows to tackle tax avoidance and inequality
Harsh penalties will be enforced on multinationals and top earners that engage in aggressive tax dodging should Labour secure victory in the upcoming general election. The party has also vowed to tackle so-called ‘zero-hours’ contracts.

14.11.2014 14:34

CNN ratings plummet to historic low in primetime slot
CNN’s ratings hit a record low Monday night during the vaunted 9 p.m. slot once held by legendary Larry King. Not only did the network come in fourth among the cable news channels, it had its lowest number of viewers in nearly a quarter of a century.

12.11.2014 21:24

US spends most on this drug… and no one knows how it works
Americans spent over $7.5 billion on one drug over a one-year period ‒ more than any other medication. And yet no one knows how the powerful pill works. But that doesn’t keep Big Pharma from marketing it for a multitude of disorders.

11.11.2014 19:05

Cameron defies critics, says EU referendum won’t harm UK economy
British Prime Minister David Cameron has hit out against EU supporters, claiming the UK would not stay in Europe unconditionally.

10.11.2014 16:41

Digital evolution? UK govt launches Bitcoin & e-currency consultation
The British government is formally examining the benefits and feasibility of using electronic currencies (e-currencies) such as Bitcoin, as thousands are turning their backs on traditional forms of finance.

04.11.2014 15:32

BBC browbeaten over £500k tax-saving scheme
The BBC is under fire for launching two production companies in order to qualify for tax cuts totaling more than £500,000 this year.

03.11.2014 10:26

Soft cell: 40% of Brits don’t make calls on smartphones – report
More people than ever own smartphones, but nearly half say they rarely use the handheld gadget to make phone calls, a new study suggests.

31.10.2014 14:39