Donald Trump's stock in oil pipeline company raises concern

President-elect Donald Trump holds stock in the company building the disputed Dakota Access oil pipeline, and pipeline opponents warn that Trump's investments could affect any decision he makes on the $3.8 billion project as president.
Trump's 2016 federal disclosure forms show he owned between $15,000 and $50,000 in stock in Texas-based Energy Transfer Partners. That's down from between $500,000 and $1 million a year earlier.
Trump also owns between $100,000 and $250,000 in Phillips 66, which has a one-quarter share of Dakota Access.
While Trump's stake in the pipeline company is modest compared with his other assets, ethics experts say it's among dozens of potential conflicts that could be resolved by placing his investments in a blind trust, a step Trump has resisted.
The Obama administration said this month it wants more study and tribal input before deciding whether to allow the partially built pipeline to cross under a Missouri River reservoir in North Dakota.
The 1,200-mile pipeline would carry oil across four states to a shipping point in Illinois. The project has been held up while the Army Corps of Engineers consults with the Standing Rock Sioux, who believe the project could harm the tribe's drinking water and Native American cultural sites.
The delay, which comes as protests unfold daily along the proposed route, raises the likelihood that a final decision will be made by Trump, a pipeline supporter who has vowed to "unleash" unfettered production of oil and gas pipeline. He takes office in January.
"Trump's investments in the pipeline business threaten to undercut faith in this process — which was already frayed — by interjecting his own financial well-being into a much bigger decision," said Sharon Buccino, director of the land and wildlife program at the Natural Resources Defense Council, an environmental group.
"This should be about the interests of the many, rather than giving the appearance of looking at the interests of a few — including Trump," Buccino said.
Trump, a billionaire who has never held public office, holds ownership stakes in more than 500 companies worldwide. He has said he plans to transfer control of his company to three of his adult children, but ethics experts have said conflicts could engulf the new administration if Trump does not liquidate his business holdings.
Rep. Raul Grijalva, D-Ariz., senior Democrat on the House Natural Resources Committee, called Trump's investment in the pipeline company "disturbing" and said it fits a pattern evident in Trump's transition team.
"You have climate (change) deniers, industry lobbyists and energy conglomerates involved in that process," Grijalva said. "The pipeline companies are gleeful. This is pay-to-play at its rawest."
Besides Trump, at least two possible candidates for energy secretary also could benefit from the pipeline. Oil billionaire Harold Hamm could ship oil from his company, Continental Resources, through the pipeline, while former Texas Gov. Rick Perry serves on the board of directors of Energy Transfer Partners.
Concern about Trump's possible conflicts comes as protests over the pipeline have intensified in recent weeks, with total arrests since August rising to 528. A clash this past week near the main protest camp in North Dakota left a police officer and several protesters injured.

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Recycling equipment majors extend their co-operation

United States: US-based shredder major Newell Recycling Equipment (NRE) has become the exclusive representative and distributor in North America for shear baler producer C&G of northern Italy. ‘This partnership allows us to be able to serve all scrap processors and not just the shredding industry,’ it is stressed by NRE.
Both companies have more than 50 years of manufacturing experience and both have sold their scrap processing machinery to hundreds of customers all over the world. C&G has sold more than 700 shears and balers worldwide, including some 40 machines into the US market. The best-known brand of C&G shears and balers is the Taurus range.
Newell claims to have produced or licensed two-thirds of the 850 so-called full-sized single shaft shredder worldwide while ‘almost all’ of the shredders located around the globe are claimed to have features ‘based on the original Newell designs’. Although over the years Newell has provided dozens of recycling companies with its machinery, 60% of ferrous scrap is still believed to be processed using alternative equipment.
According to NRE president Scott Newell III, this means ‘a great potential for the new Newell/C&G relationship to participate in equipment supply to this significant market’. Newell has come to know the management and staff of C&G over a period of years when working on related projects.
The time Newell has spent with C&G has convinced him of the ‘superior design and advanced features’ of Taurus shears and balers. He comments: ‘We are very happy and excited about this co-operation with business friends and look forward to being able to service the complete industry with high-quality.

Customers stunned by huge cardboard boxes

Scores of customers have criticised the online shopping giant for using oversized boxes and excessive amounts of paper to deliver their products – with many taking to Twitter to share pictures of their deliveries.
A Twitter user shared this picture of their mum with a new feather duster – which arrived in an obscene amount of packaging.
One user posted a snap of a screwdriver, which had been wrapped in bubble wrap and paper before being delivered in a huge package.
And another quipped: “I think I lost my mum in a sea of packaging that one feather duster was sent in,” sharing an image of a mountain of brown paper overflowing from an Amazon box.
Meanwhile, other gigantic parcels from the company were found to contain a calendar, a yoga mat and an iPhone case – all buried in masses of packaging boxes.
Hilariously, some internet users reported that even miniscule items such as USB sticks and tea bags were still encased in huge boxes.
One user posted a snap of a screwdriver, which had been wrapped in bubble wrap and paper before being delivered in a huge package.
And another quipped: “I think I lost my mum in a sea of packaging that one feather duster was sent in,” sharing an image of a mountain of brown paper overflowing from an Amazon box.
Another Amazon customer received a new calendar in a large cardboard box, rather than the envelope you might expect.
Fortunately, it seems this phone case was strong enough to withstand being rattled around in such a large box.
Jen Lupton, 30, was stunned when her brother ordered a small bottle of supplements – only for it to arrive in a massively over-sized cardboard box, which she believes was around 20 times bigger than the product itself.
The hospital audio typist from Cheadle, Greater Manchester, initially thought the supplements were missing as the large box was filled with so much paper.