New analysis from As You Sow finds that employee retirement 401(k) plans are channeling hundreds of billions of dollars into military weapons manufacturers, including companies involved with nuclear arms, cluster munitions, and other controversial weapons. Every plan analyzed had companies linked to nuclear or controversial weapons in their top 100 equity holdings, with RTX Corp, Boeing, and GE Aerospace among the most frequent investments.
Read MoreA new analysis from As You Sow has found that the largest U.S. mutual fund managers, responsible for funds found across thousands of corporate 401(k) plans, have significant investments in nuclear and other controversial weapons like white phosphorus and cluster bombs.
Read More