COVID-19 has altered New York City’s economy in ways never seen before, with the greatest impact on the City’s tourism industry. Shops, restaurants, and small businesses have closed across the five boroughs due in part because of the low rate of visitors to the City.
June 1, 2021
The Exxon Vote: Pension Supporters Stay Onboard to Advance Change
CalPERS, CalSTRS, and NY Common helped push through outside directors at the oil leviathan, rather than unload its shares.
Sticking around and backing dissident board candidates worked. Instead of divesting from Exxon Mobil, the US’s biggest oil company, the nation’s three largest public pension funds pursued a successful strategy of advocating for change, and they just helped elect a pair of outside directors. Expect more of this tack against fossil fuel outfits.
Running counter to the trend of pension programs dumping fossil fuel stocks, these giant retirement systems the California Public Employees’ Retirement System (CalPERS), the California State Teachers’ Retirement System (CalSTRS), and the New York State Common Retirement Fund believe that, in most cases, working from within is the better way to promote change.
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The former town clerk in Potter will spend six months in county jail after stealing nearly $27,000 in public funds for personal use, according to officials.
Julie Brown, who previously served as Potter Town Clerk, was sentenced for her thefts, which were investigated by State Comptroller Thomas DiNapoli, Yates County District Attorney Todd Casella, and Yates County Sheriff Ronald Spike.
The Penn Yan resident stole cash payments made to the town of Potter for property taxes and fees for marriage licenses, hunting permits and even building permits.
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Unclaimed Funds
The New York state comptroller s office is overseeing $15 billion dollars worth of unclaimed funds. Banks, insurance companies, and other institutions are required to turn over the contents of inactive or abandoned accounts. More than 39 million accounts for New Yorkers have money waiting to be claimed.
The Comptroller s Office has an online database to check to see if you are owed money as low as $20, dating back to 1985. This searchable database will show whether you are owed as little as $3 since 1985. A name may show up here but not at the comptroller s website.
If you find your name here but not in the state s website, you ll need to call 800-221-9311 to file a claim.