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The World’s Biggest Pension Fund Is Taking a Hard Look at Labor Practices
The Nation· 7 hours agoCalifornia’s $500 billion Public Employees Retirement System (CalPERS) is the biggest public pension...
Editorial: Shame on California lawmakers for killing fossil fuel divestment bill again
Los Angeles Times· 9 hours agoIn a state whose leaders speak with urgency about fighting climate change, it’s shameful and...
Fossil fuel divestment bill runs out of gas again in California
Pensions & Investments· 2 days agoA California bill that would have required CalPERS and CalSTRS to divest from fossil fuel companies is being shelved by the author, Majority Leader Lena A. Gonzalez, due to ...
US Pensions Vie With Gulf Funds for First Shot at PE Deals
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- It took Scott Chan two years to convince his bosses at the California State Teachers’...
Elon Musk's pay package approval was a 'mistake' and Tesla needs to keep him in check, some...
Business Insider· 6 days agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
Pensions Piled Into Private Equity. Now They Can’t Get Out.
The Wall Street Journal· 6 days agoIn exchange, they got a promise of high returns after a decade—and often received healthy cash...
Rich donors are still staring at the sun
Politico· 3 days agoThe committee’s proposed amendments would allow continued investments in oil companies via index funds, which CalPERS and CalSTRS rely on for much of...
Bakersfield City Council reviews $869 million budget
The Bakersfield Californian via Yahoo News· 6 days agoDespite the hand-wringing and tightening of belts seen on Capitol floors in Sacramento and Washington, D.C., the city of Bakersfield expects 2025, in fiscal terms, to be “stable with some growth ...
Gateway - Quartz
Quartz· 4 days agoTesla shareholders are about to decide the future of the world’s largest electric vehicle company. Investors — both large and small — will come together on Thursday for Tesla’s annual shareholder ...
Club news: June 15, 2024
The Grass Valley Union· 7 days agoEDITOR’S NOTE: The Union publishes Club News each Saturday. To share the latest from your western Nevada County club or organization, email readers@theunion.com. The Nevada County Bocce League ...