New York Pension Plans Launch Fight to Dislodge 2 Amazon Directors
Protesting working conditions at the e-commerce giant’s warehouses, the city and state funds urge no votes on reelecting board members.
Protesting working conditions at the e-commerce giant’s warehouses, the city and state funds urge no votes on reelecting board members.
The public pension funds join a growing number of institutional investors pulling their money out of Russia.
Many tipped employees are suffering financially, Tom DiNapoli says, and need better pay.
CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.