U.S. Labor Department finalizes limits on pension-fund voting on corporate proxies

© Reuters. Signage is seen at the United States Department of Labor headquarters in Washington, D.C. By Jessica DiNapoli NEW YORK (Reuters) – The U.S. Department of Labor on Friday finalized a rule requiring pension funds to vote on shareholder proposals only when there is an economic reason, a change that would curb investors from […]

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Labor Department finalizes U.S. rule curbing sustainable investing by pension funds

2/2 © Reuters. The United States Department of Labor is seen in Washington, D.C., U.S. 2/2 By Jessica DiNapoli and Ross Kerber NEW YORK/BOSTON (Reuters) – The U.S. Department of Labor on Friday finalized a rule clarifying that pension fund managers must put retirees’ financial interests first when allocating investments, rather than other concerns such […]

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Trump administration finalizes oil drilling plan in Alaska wildlife refuge

2/2 © Reuters. President Donald Trump Delivers Remarks at a Bedminster News Conference 2/2 By Nichola Groom WASHINGTON (Reuters) – The Trump administration on Monday finalized a plan to allow oil and gas drilling in Alaska’s Arctic National Wildlife Refuge, putting it on track to issue decades-long leases in the pristine wilderness area before a […]

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