Newsmakers
NY Pension Calls on Firms to Report Abuse, Harassment, Discrimination
Tesla, Starbucks, and Activision Blizzard have been targeted by the $279.7 billion New York State Common Retirement Fund.
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.
The city’s five pension systems have returned an estimated 18% in the first seven months of fiscal 2021.
State comptroller calls for third-party audit to asses how retail giant’s policies affect equity, diversity, and inclusion.