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Showing 71 - 80 of 267 results for "California"

COVID-19 inspires pump and dump scheme

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
A Californian penny stock trader is in trouble with the law after he claimed a company he was trading stocks in had developed a special COVID-19 test. The US Securities and Exchange Commission (SEC) has filed a complaint against Jason Neilson, saying ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
... excuse for the bailout is "beyond galling". "Even by this state's low standards, asking federal taxpayers from California to North Carolina, from North Dakota to Texas - farmers, small business owners, teachers, nurses, bus drivers and bartenders ...

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
Afterpay has settled with a California financial services regulator over allegations it was offering illegal loans in the state without a licence. The settlement with the California Department of Business Oversight (DBO) will see the 'buy now pay later' ...

Pension fund chief executive retires

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
... United States' largest pension funds is set to retire after 18 years in the top job. Jack Ehnes, chief executive of the California State Teachers' Retirement System (CalSTRS) has announced his will retire later this year. Ehnes has served as chief executive ...

Gender diversity remains static, women still disadvantaged

ALLY SELBY  |  TUESDAY, 3 MAR 2020
... this lift could be thanks to new legislation introduced in September 2018, which mandated that every public company in California have at least one female director on its board by the end of 2019. Morningstar found that women continue to serve on more ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... outstanding debt. The combined entity will operate as Franklin Templeton, with headquarters to remain in San Mateo, California. Shareholders have been offered $74.77 per share in cash - over 20% more than what Legg Mason stock closed at last Friday. ...

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
... said the fund invested in line with the Federal Office of Foreign Asset Control's list of prohibited companies. "The California Public Employees' Retirement System (CalPERS), like state pension funds across America, relies on global investments to generate ...

AustralianSuper, QIC back investment manager

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
... include CampusParc at the Ohio State University, MasParc and Mobility LLC at Northeastern University, and a 40% stake in California's Long Beach Courthouse. Also commenting, Generate chief executive and co-founder Scott Jacobs said: "We are fortunate ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
A California-based couple has been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... incorporated into risk management and business plans. "High profile events, like recent wildfires in Australia and California, are adding pressure on companies to take action on climate risk at a time when they also face greater geopolitical and cyber ...