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American Federation of Teachers urges fiduciaries to examine Tesla investments ‘at risk’ in pensions

By Lynn Cavanaugh

Given the steep plunge in Tesla shares this year, the AFT President is urging money managers to "safeguard retirement assets" and urgently review their current holdings in electric car Tesla, which is a target of political protests amid growing animosity for the brand.

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Association health plan bill returns to House, with more mojo this time

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Impact of 'HHS bloodletting' on federal commercial health insurance regulation unclear

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April 02, 2025

Pension risk transfer lawsuit rulings: Lockheed Martin case advances, but Alcoa suit dismissed

Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance company Athene Annuity & Life, alleging the firm "breached their fiduciary duties," however, district courts issued split rulings on these 2 cases.

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April 02, 2025

Drugmakers lobby for gradual tariff implementation to avoid immediate shock

The drug industry is lobbying for potential tariffs to be implemented gradually instead of immediately being imposed at a 25% rate.

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April 02, 2025

BlackRock CEO calls for more private assets in 401(k) plans, in letter to investors

Larry Fink, CEO of the world’s largest asset management firm, said "unlocking private markets" is key, and asks investors in his annual letter, “If private assets perform so well, why aren't they in your 401(k)?”

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April 01, 2025

New DOJ task force wants public input on regulations that hurt competition

One area of focus will be laws and rules that limit competition in the health care sector.

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April 01, 2025

DOJ to seek death penalty against Luigi Mangione in UnitedHealthcare CEO killing

“Luigi Mangione’s murder of Brian Thompson -- an innocent man and father of two young children -- was a premeditated, coldblooded assassination that shocked America,” U.S. Attorney General Pam Bondi said on Tuesday.

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April 01, 2025

Health insurance CEO admits to spying on claimants, legislators, journalist

Texas representatives grilled the CEO of Superior HealthPlan, Mark Sanders, for emails allegedly showing he had hired private investigators to watch state representatives, a journalist and private citizens seeking health care coverage.

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April 01, 2025

403(b) Day: PSCA wants to raise awareness of nonprofit retirement plans, on April 3

The Plan Sponsor Council of America has launched 403(b) Day to effectively help nonprofit employers promote 403(b) plans and engage plan participants in retirement planning, similarly to 401(k) Day.

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American Federation of Teachers urges fiduciaries to examine Tesla investments ‘at risk’ in pensions

Association health plan bill returns to House, with more mojo this time

Impact of 'HHS bloodletting' on federal commercial health insurance regulation unclear

Recommended Just For You

News Stories

Pension risk transfer lawsuit rulings: Lockheed Martin case advances, but Alcoa suit dismissed

Drugmakers lobby for gradual tariff implementation to avoid immediate shock

BlackRock CEO calls for more private assets in 401(k) plans, in letter to investors

New DOJ task force wants public input on regulations that hurt competition

DOJ to seek death penalty against Luigi Mangione in UnitedHealthcare CEO killing

Health insurance CEO admits to spying on claimants, legislators, journalist

403(b) Day: PSCA wants to raise awareness of nonprofit retirement plans, on April 3