Highlights
A collection of news and information related to California Public Employees' Retirement System published by this site and its partners.
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JPMorgan's Jamie Dimon survives vote to strip him of chairman role
NEW YORK – Jamie Dimon survived a bruising fight to strip him of his chairmanship, but directors at JPMorgan Chase & Co. may still have to calm restive shareholders. Dimon, JPMorgan's savvy chairman and chief executive, easily beat a proposal to...
Tags: Shareholders, Politics, Corporate Officers, Finance, Financial Markets
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JPMorgan's Jamie Dimon survives vote to strip him of chairmanship
A JPMorgan Chase & Co. shareholder proposal to split the bank's chairman and chief executive roles -- now both held by Jamie Dimon -- failed to win a majority's support Tuesday. The proposal to split Dimon's jobs at the nation's largest bank won only...
Tags: Shareholders, Politics, Corporate Officers, Finance, Boeing Co.
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JPMorgan's Jamie Dimon facing push to drop chairman title
NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...
Tags: Shareholders, Politics, Corporate Officers, Finance, Financial Markets
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Unions protest over potential sale of L.A. Times to Koch brothers
About 300 labor union members and other activists staged a demonstration to protest the potential sale of the Los Angeles Times to the politically conservative Koch brothers. Demonstrators marched outside the downtown L.A. headquarters of Oaktree...
Tags: Politics, Career and Workplace, David Koch, Bankruptcy, Local Elections
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Bill would ban junk food from vending machines at state offices
Proposed legislation to remove junk food and sugar-loaded drinks from vending machines at California state office buildings and on government property is intensifying debate about when the battle against obesity becomes a gateway to "nanny state" tactics....
Tags: Holly J. Mitchell, Obesity, Politics, Career and Workplace, Health Insurance Cost
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CalPERS picks four new HMO plans for 5-year contracts
The California Public Employees' Retirement System picked four new HMO plans for five-year health insurance contracts starting next year, a blow to incumbent carrier Blue Shield of California. The giant pension fund voted Wednesday to split up Blue...Tags: Politics, Career and Workplace, General Motors Corp., Health Insurance Cost, Health and Safety at Work
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CalPERS panel recommends 3 new HMO plans alongside Blue Shield
A key committee of the California Public Employees' Retirement System backed its staff's recommendation to break up Blue Shield of California's statewide HMO contract. The agency's pension and health benefits committee voted Tuesday in favor of awarding...
Tags: Employees, Politics, Public Employees, Career and Workplace, General Motors Corp.
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Blue Shield may lose exclusive CalPERS HMO contract
Blue Shield of California may be losing its longtime grip on one of the healthcare industry's most coveted insurance contracts. Officials at the California Public Employees' Retirement System are recommending breaking up Blue Shield's current...
Tags: Politics, Career and Workplace, General Motors Corp., Health and Safety at Work, Aetna Inc.
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Blame all around in Stockton
After a federal judge ruled last week that the city of Stockton can reduce its debt through bankruptcy, observers began to frame the battle as one of municipal bondholders against public employees. But it's hard to shed tears for either of them....
Tags: Politics, Bankruptcy, Justice System, Pension and Welfare, Crime, Law and Justice
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Judge rules Stockton can enter bankruptcy protection
FRESNO — A federal judge ruled Monday that Stockton was eligible for bankruptcy protection — rebutting Wall Street creditors who claimed the city wasn't really broke and setting up a battle over employee pensions. U.S. Bankruptcy Judge...
Tags: Politics, Bankruptcy, Justice System, Pension and Welfare, Crime, Law and Justice
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Possible Stockton bankruptcy sets up employee pensions battle
The city of Stockton's impending bankruptcy case sets up a battle over employee pensions. A federal judge ruled Monday that Stockton was eligible for bankruptcy protection, rebutting Wall Street creditors who claimed the city was not. U.S....
Tags: Politics, Bankruptcy, Justice System, Pension and Welfare, Assured Guaranty Limited
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Stockton bankruptcy can move forward, judge rules
STOCKTON -- A federal judge ruled Monday that Stockton is eligible for bankruptcy protection, over the objection of creditors who argued the city could come up with more money. U.S. Bankruptcy Judge Christopher Klein said Stockton can move forward with...
Tags: Politics, Labor Legislation, Career and Workplace, Bankruptcy, Justice System
May 22, 2013
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