Showing posts with label investors. Show all posts
Showing posts with label investors. Show all posts

Thursday, October 21, 2021

Exclusive: Investor group to pressure utilities on net zero emissions deadline | Reuters

A coalition of investors with more than $60 trillion in assets under management is preparing to call on electric utility companies globally to move up their timeline by as much as 15 years to bring their net greenhouse gas emissions to zero…


Wednesday, September 29, 2021

Investors with $1.6 trillion in assets push Congress to back paid leave | Reuters

… The more than 100 investors, which include public pension funds, state treasurers and asset managers, said a paid leave policy would help to improve the U.S. economy and make the companies in which they hold shares perform better. "It's an economic security issue," said Wisconsin State Treasurer Sarah Godlewski. "We have seen through the pandemic that the U.S. not having this policy has taken women, for example, out of the workforce...


Friday, June 11, 2021

Thursday, March 15, 2018

The Real Reason the Investor Class Hates Pensions - The New York Times

No issue in America today better illustrates the divergent interests of working Americans and the 1 percent than pension reform. Substantial empirical evidence shows that America’s favored retirement vehicle — the 401(k), recently renounced by its own inventors — is grossly inadequate and will leave tens of millions of Americans with insufficient retirement assets. And yet states and cities are busy converting traditional pensions into these failing 401(k)s or equivalents, to the great benefit of money managers and the finance class.....
https://www.nytimes.com/2018/03/05/opinion/investor-class-pensions.html

Monday, December 18, 2017

The Republican Tax Bill Provides Huge Benefits to People Who Don't Work. But Only if They're Rich. -- Mother Jones

After decades of chastising the idle, Republicans are pushing a tax bill that specifically advantages rich people who don't work. But they aren't applying that standard for poor people. Once the tax bill passes, Republicans plan to make it easier for states to add work requirements for welfare recipients. ....
http://www.motherjones.com/politics/2017/12/the-republican-tax-bill-provides-huge-benefits-to-people-who-dont-work-but-only-if-theyre-rich/

Saturday, December 16, 2017

Republicans Despise the Working Class - The New York Times

You can always count on Republicans to do two things: try to cut taxes for the rich and try to weaken the safety net for the poor and the middle class. That was true under George W. Bush, who sharply cut tax rates on the top 1 percent and tried to privatize Social Security. It has been equally true under President Trump; G.O.P. legislative proposals show not a hint of the populism Trump espoused on the campaign trail.....
https://www.nytimes.com/2017/12/14/opinion/republicans-working-class-taxes.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-left-region&region=opinion-c-col-left-region&WT.nav=opinion-c-col-left-region&_r=0


Thursday, December 14, 2017

Friday, December 1, 2017

Trump's Tax Promises Undercut by CEO Plans to Help Investors -- Bloomberg

Major companies including Cisco Systems Inc., Pfizer Inc. and Coca-Cola Co. say they'll turn over most gains from proposed corporate tax cuts to their shareholders, undercutting President Donald Trump's promise that his plan will create jobs and boost wages for the middle class. ....
https://www.bloomberg.com/news/articles/2017-11-29/trump-s-tax-promises-undercut-by-ceo-plans-to-reward-investors








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