New York State pension fund puts 27 coal companies under review

BOSTON (Reuters) – New York state’s top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months. The reviews by the third-largest U.S. state pension system, with $211 billion under management, could set the Continue Reading

To train more workers, companies turn to virtual reality

NEW YORK (Reuters) – The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through. An Oculus Quest all-in-one VR device is shown in an undated 2019 photo released by Facebook January 22, 2020. Facebook/Handout Continue Reading

SEC proposes allowing more investors access to private companies

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies. Chairman Jay Clayton participates in a U.S Securities and Exchange Commission open meeting to propose changing its Continue Reading

Your Money: Big companies explore virtual care to curb healthcare costs

NEW YORK (Reuters) – Big companies are increasing incorporating virtual technology and care options into employee benefit plans to combat the rising healthcare costs that long been corporate America’s bugaboo, according to the annual survey of the National Business Group on Health. FILE PHOTO: Nurse Health Practitioner Rachelle Quimpo (C) Continue Reading

Collection of tech companies support changes to CA privacy act that bring it closer to GDPR

The California Consumer Privacy Act (CCPA) is set to take effect next year and is likely to become the de facto national privacy standard for online publishers and marketers. Ahead of this deadline, however, competing groups are lobbying for changes in its terms. AB 1760 looks more like GDPR. A Continue Reading