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☆ Exxon faces opposition from CalPERS after 'devastating' anti-ESG activist suit
▼ + stars: | 2024-05-20 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Exxon Mobil 's monthslong battle with two environmentally focused activist investors has cost the company the support of the California Public Employees' Retirement System. The two activists submitted a shareholder proposal that would have forced the company to reduce direct emissions and set a target for lowering emissions at suppliers and customers. Exxon sued the investors in Texas federal court in January, prompting them to withdraw the proposal. Even with the activists backing off, Exxon has continued its lawsuit to prevent the activists from ever again submitting such a proposal. CalPERS said in its letter that Exxon's "reckless" lawsuit threatened shareholder activism efforts on any issue.

Persons: Darren Woods, Arjuna, CalPERS, Marcie Frost, Theresa Taylor, it's, Greg Goff, Kaisa Hietala, Andy Karsner, Jeff Ubben Organizations: APEC, Summit, Moscone West, Exxon Mobil, California Public Employees, Exxon, CNBC, ExxonMobil, Securities and Exchange Commission, Inclusive Capital Locations: San Francisco , California, Texas

☆ ‘Jawbreaker’ is turning 25, but the film’s costumes still represent iconic teen fashion
▼ + stars: | 2024-02-18 | by ( Scarlett Harris | ) edition.cnn.com time to read: +5 min

Horribly wrong, that is, in that it results in the death of the “Four’s” fourth member, Liz Purr, by the titular jawbreaker. From left: Julie Benz, Rose McGowan and Rebecca Gayheart, whose "Jawbreaker" characters turn the hallways of their high school into high-stakes runways. Columbia TriStar/Kobal/ShutterstockSartorial lines can also be drawn from “Jawbreaker” to “Gossip Girl,” “Euphoria” and “Do Revenge,” to name just a few. “The first time you see her as bad Vylette, she’s in full-on hot pink.”Why not purple like the flower she’s named after? “When Fern becomes Vylette she’s not a straight man’s fantasy… She’s essentially dressed like a drag queen!” Stein laughed.

Persons: CNN —, ”, Rebecca Gayheart’s, Julie, Queen Bee Courtney Shane, Rose McGowan, Marcie Fox, Julie Benz, Julie Freeman, Liz Purr, “, Vikki Barrett, Barrett, who’d, “ Romy, Courtney, Marcie, Rebecca Gayheart, Barrett thrifted, Jawbreaker ”, she’s, Darren Stein, ” Barrett, Courtney revamps, Fern Mayo, Judy Greer, “ She’s, Stein, —, Rose McGowan's Courtney, Judy Greer's Fern, Everett, Angelyne, Sandy Olsson, Fern, ” Stein, it’s Organizations: CNN, Queen, Michele’s, Columbia TriStar, TriStar Locations: Los Angeles

☆ Younger workers are actually using AI on the job less than Gen X and millennials
▼ + stars: | 2024-01-27 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Digital natives like Gen Z may appear to be more open to using AI than older workers. Gen Xers and millennials employed in the US were found to use ChatGPT at work more than Gen Zers. Surprisingly, the consulting giant found that older American workers appear to be more open to using AI than their younger counterparts. For some Gen Zers, using AI has helped in their jobs. While some studies find that generative AI has saved hours of work, others suggest that using ChatGPT can make workers perform worse.

Persons: Young, Xers, millennials, Zers, —, Ernst & Young, Gen, they've, Marcie Merriman, Merriman, Gen Zers —, doesn't, Z, Dan Diasio, Morgan Young Organizations: Ernst, Service Locations: Americas

☆ All the 'Virgin River' books, in order
▼ + stars: | 2023-12-03 | by ( Esme Mazzeo | ) www.businessinsider.com time to read: +22 min

While waiting for season six, here's the full list of books in the "Virgin River" series and the correct order to read them in. "Virgin River" (2007)"Virgin River" HarperCollins"Wanted: Midwife/nurse practitioner in Virgin River, population six hundred. "A Virgin River Christmas" (2008)"A Virgin River Christmas" HarperCollins"Last Christmas Marcie Sullivan said a final goodbye to her husband, Bobby. But the Sheridan and Riordan families have different plans for Patrick and Angie and for Christmas, Virgin River style!" "Return to Virgin River" (2020)"Return to Virgin River."

Persons: —, Robyn Carr, Melinda Monroe, she's, Mel, …, Sheridan, John, Middleton, Paige Lassiter, Semper Fidelis —, it's, Brie Sheridan, Mike Valenzuela, Virgin River's, Mike, Brie, Marcie Sullivan, Bobby, Ian Buchanan, Bobby's, Ian, Marcie, Ian doesn't, Virgin River, Vanessa Rutledge, Vanessa, Matt, Paul Haggerty, he's, Matt's, Paul, Shelby McIntyre, Luke Riordan, Shelby, Luke, Rick Sudder, Iraq —, Rick, Dan Brady, they'd, Nathaniel Jensen, Annie McCarty, Noah Kincaid, Noah, Ellie Baldwin, Ellie, Franci Duncan, Sean Riordan, Sean, — he's, Franci, Rosie, Erin Foley, Erin, Aiden Riordan, journaling, there's, Drew Foley, Sunny Archer, Sunny, Drew, Clay Tahoma, Lilly Yazhi, Lilly, There's, Clay, HarperCollins, Colin Riordan, Jillian Matlock, Jillian, Colin, Kelly, Kelly's, Lief Holbrook, Courtney, Becca Timm, Denny Cutler, Denny, Becca, Connor Danson, Leslie Petruso didn't, Connor, Leslie, Katie Malone, Katie doesn't, Dylan Childress, Dylan, Katie, Nora Crane, they've, harvesttime, Tom Cavanaugh, Nora doesn't, Nora, She's, Tom won't, Riordan, Patrick, Angie LeCroix, Jack Sheridan, she'd, Patrick Riordan, Angie, Kaylee Organizations: Netflix, Service, HarperCollins, California, Virgin, Virgin River, eBay, Bar, Marines, redwoods Locations: California, Virgin River, Virgin, Sacramento, Fallujah, Vanni, Paradise, Iraq, Los Angeles, —, Jill's, San Francisco, LA, Kelly's, Redwood, Southern California

☆ Scooter Braun's right-hand man wanted to make Camila Sterling a star. After she died in his hotel room, he wanted the world to forget.
▼ + stars: | 2023-11-08 | by ( Anna Silman | Jack Newsham | ) www.businessinsider.com time to read: +33 min

He also created an LLC under his initials in 2021, seemingly for the sole purpose of releasing Sterling's music. But since Sterling's death, Bolno has worked to distance himself from the tragedy and buff his reputation online. On June 29, 2023, three months after Sterling's death, Ozuna and Andino signed to SB Projects, Scooter Braun's management company. Since Sterling's death, Bolno has appeared to try to distance himself from the tragedy. However, in September, a message from Centeno's email address sent on behalf of Sterling's mother asked Insider to stop reporting on Sterling's death.

Persons: Camila Sterling, David Bolno, Scooter Braun's, Drake, Post, Bolno, Sterling, — who's, Daily Mail —, —, Laura Camila Lozano Sterling, Selena Gomez, Enmanuel Hernández Rodriguez, Rodriguez, it's, Scooter Braun, Taylor Swift, Camila Sterling's, Shaun White, schmoozing, sunning, David Geffen's, he's, Will.i.am, Justin Bieber, hadn't, bigwig, He's, Mariah Carey, Braun, Ariana Grande, Demi Lovato, Scooter, who's, Scooter hasn't, Peter Comisar, Comisar, Michael Tran, Bieber, he'd, David Grutman, LIV, Grutman, she'd, I'm, David, Usher, Sterling's, John Parra, I'd, Nordhia Centeno, Laura Castellanos Torres, Edgar Andino, Andino, Sterling wasn't, Gabby, there's, Sterling texted, Escalade, Cartier Juste, Bruce Lehr, tusi, Fabio Cabrera, Ernesto Rodriguez, Evan Siegfried, Mickey Segal, NKSFB, Nubia Esperanza Sterling Artunduaga, Camila, Rocio Cruz Maldonado, Centeno, Marcie Stefan Organizations: Miami Beach, Daily Mail, Miami Beach Police Department, Puerto, Sterling, Trump, Intracoastal Yacht, Space, Miami Dade College, Puerto Rican, Pump, Miami, DTB Records, Spotify, Records, Temple Law School, Ithaca Holdings, luxe Paramount Miami, Studios, Bay Eight Recording Studios, YouTube, Zero, SB Projects, Paramount Miami Worldcenter, Representatives, Police, Unreal Mobile, Red Pocket, European Business, University of Locations: Post Malone, Miami, Sterling, Latin America, Colombia, Bogotá, American, Puerto Rican, Sunny, Moscow, Sunny Isles, Givenchy, Cuba, Los Angeles, Delaware, Puerto Rico, New York City, Medellín, Ithaca, Korean, Brentwood, North Miami, French Montana, Bolno's, Miami Beach, Jerusalem, Nubia

☆ CalPERS CEO Marcie Frost talks investing in public equity and VC opportunities
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalPERS CEO Marcie Frost talks investing in public equity and VC opportunitiesMarcie Frost, CalPERS CEO, joins 'Closing Bell Overtime, to talk its recent 12-month return of 5.8%, investing in public and private equity and more.

Persons: Marcie Frost

☆ Opinion: For women, it’s past time to give up the ghost of equality
▼ + stars: | 2023-05-06 | by ( Opinion Marcie Bianco | ) edition.cnn.com time to read: +11 min

CNN —The Equal Rights Amendment (ERA), which states that equal rights under the law cannot be denied on account of sex, has been in a perpetual state of limbo for 100 years. And worldwide, those dreaming of gender equality will have to wait another 300 years, according to the latest United Nations estimates. Arguably, billionaires will land on Mars before we achieve gender equality. With odds like those, it’s well worth asking: What does “achieve gender equality” even mean? It’s past time to give up the ghost of equality and pursue a goal that has hope of transforming women’s lives for the better: freedom.

☆ Returns from top venture firms NEA, DCM, and Khosla have been dismal over the past 2 decades, according to filings from California's largest pension fund, CalPERS
▼ + stars: | 2023-02-15 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

CalPERS is the US's largest public pension plan, managing the retirement accounts of 1.5 million California employees and retirees. Unlike many other financial institutions, VC funds are not required to show their return on investment in startups. The CalPERS fund's $75 million bet in 2001 on a venture fund managed by the Carlyle Group lost money. A $25 million investment in DCM's 2000 fund had a 1.9% IRR. Its $260 million investment in two Khosla Ventures funds in 2009 yielded an IRR of 11.8% for the early-to-midstage fund and 6.9% for the seed-stage fund.

☆ There's no place for politics in public employee pensions, says CalPERS CEO
▼ + stars: | 2023-01-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no place for politics in public employee pensions, says CalPERS CEOMarcie Frost, CEO of CalPERS, the nation's largest pension fund, joins 'Squawk Box' to discuss her response to the lawmakers who sent a letter to the firm warning of antitrust concerns, the battle over ESG investing, and more.

At face value, this act seems like a step forward by codifying federal same-sex and interracial marriage rights. At best, it is a preemptive Band-Aid should the Supreme Court try to overturn Obergefell v. Hodges, which cited the Fourteenth Amendment to legalize same-sex marriage. But in no way does this act federally legalize “marriage equality” across the United States. The protections to religious liberty were late additions to the bill, in order to secure the support of Senate Republicans like Utah’s Mitt Romney. Of course, the irony in this situation is that federal marriage equality isn’t even guaranteed under the Respect for Marriage Act.

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