CalPERS considers upping fixed-income investment, lowering volatility
NEW YORK (Reuters) – The California Public Employees’ Retirement System is considering more than doubling its investment in municipal bonds and other fixed-income assets while lowering volatility, according to proposals set for discussion at a workshop on Monday.
U.S. judge denies request for outsider to oversee Puerto Rico’s PREPA
NEW YORK (Reuters) – A U.S. federal judge on Monday rejected a request to install a former military officer to oversee Puerto Rico’s beleaguered electric utility, PREPA, a victory for Governor Ricardo Rossello, whose government opposed the appointment….
Jurors in U.S. Senator’s bribery trial told to keep talking
NEW YORK (Reuters) – The judge in the bribery trial of Democratic U.S. Senator Bob Menendez of New Jersey told a jury on Monday to continue deliberating after the panel said it was unable to reach a unanimous verdict, according to defendant’s spokesman…
Recovered Penn State hazing death video leads to fresh charges
BELLEFONTE, Pa. (Reuters) – A prosecutor brought fresh charges against 12 members of a Pennsylvania State University fraternity on Monday in the death of a 19-year-old student after examining recovered surveillance-camera video of an alcohol-fueled ini…
U.S. charges Chinese woman in college exam fraud
BOSTON (Reuters) – A Chinese college student was arrested on Monday in the latest case to stem from U.S. investigations into international students who authorities say hire imposters to take exams on their behalf to gain admission to American universit…
House Democrats seek probe of FCC chairman’s treatment of Sinclair
WASHINGTON (Reuters) – Two U.S. House Democrats on Monday asked the Federal Communications Commission inspector general to probe whether FCC Chairman Ajit Pai was biased in favor of Sinclair Broadcast Group, which is seeking approval of a $3.9 billion…
Puerto Rico requests $94.4 billion from U.S. Congress for rebuilding
NEW YORK (Reuters) – Puerto Rico Governor Ricardo Rossello on Monday requested $94.4 billion from Congress to rebuild the island’s infrastructure, housing, schools and hospitals devastated by Hurricane Maria.
First U.S. trial opens in FIFA corruption probe
NEW YORK (Reuters) – Lawyers defending three former soccer officials at trial on U.S. corruption charges strove to distance their clients from a scandal that has engulfed the sport as they delivered opening statements to jurors on Monday.
U.S. appeals court sides with blind voters in Ohio
(Reuters) – A federal appeals court on Monday revived a lawsuit claiming that Ohio’s paper-ballot absentee voter system discriminates against blind people by preventing them from voting anonymously, and forcing them to get help from people with sight.
U.S. top court to hear fight over California pregnancy center law
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to decide whether a California law requiring private facilities that counsel pregnant women against abortion to post signs telling clients how to get state-funded abortions and contraceptiv…
