NY pension funds press big Web companies on rights
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New York City employee pension funds are calling on two top Internet companies to do more to protect free speech in repressive countries, joining a year-old campaign by human rights groups.
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The main pension fund of New York State filed a federal lawsuit yesterday against Merck &amp; Company, accusing it of misleading shareholders about the safety of its arthritis pain drug Vioxx, which has since been withdrawn.
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Investor's Business Daily - Grandkids and grandparents are finding social networking sites of their very own, proving that the MySpace-induced trend isn&#39;t just for teens and 20-somethings. At one end of the spectrum, sites such as clubpenguin.com aim to teach preschoolers some computer skills while providing a place to hang out. For senior Web surfers, places like eons.com -- with the motto &quot;Lovin&#39; the flip side of 50&quot; -- have built a loyal following by targeting customers born during the baby boom era and before.
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Unit investment trusts, for years a popular way to hold municipal bonds, are getting a second life in investors' equity portfolios as an alternative to mutual funds.
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Companies say they want to encourage growth of user-generated content online without violating the copyrights of the content owners.
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Senator Edward M. Kennedy yesterday said he would press US pension plans to disclose proxy votes on the stocks they hold -- as mutual funds must now do -- in response to a government report calling for greater transparency in pensions affecting 100 million workers and $4 trillion of assets.
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Four of the largest US public pension funds on Tuesday said they would ask Walt Disney Co. shareholders to change company policy to let investors nominate two independent directors to the board.
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In an unusual deal with the nation&#39;s most powerful public pension fund, Putnam Investments yesterday pledged new disclosures and other protections intended
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These mutual funds from Europe are at the head of their class.
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The Social Security Administration's Web site and customer service lines are pushing the need to "modernize and reform" the retirement system, saying the future shortfall is "massive and growing," and promoting personal investment accounts as a financial fix.
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The Internet company deals with layoffs, new shareholder lawsuits and potential deals with Google and News Corp.
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NEW YORK --The mutual fund touted on the Web site sounded familiar, but a guaranteed annual return of 657 percent raised eyebrows at a watchdog group. Within days the bogus site had been yanked by federal authorities, who launched ...
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Dow Jones pays more than $500 million for Web-based Marketwatch.
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The Web is a window on personal lives, and employers can peer in.
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I.B.M., the nationÂs largest patent holder, will publish its patent filings on the Web for public review as part of a new policy.
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A suit against a large hedge fund filed by Carl C. Icahn, the billionaire financier, could shine a bright light on the largely unregulated hedge fund industry.
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NEW YORK - Stocks that were moving substantiall