Newsmakers
Boston to Divest From Fossil Fuels, Tobacco, Private Prisons
The city’s mayor signed a bill to eliminate the controversial investments by 2025.
That’s how lock-up companies, in poor odor lately, end up in top pension portfolios.
The largest US pension plan would need to sell its investments in two private prison companies under legislation sponsored by California lawmaker Rob Bonta.
Action follows American Federation of Teachers’ critical report on Trump’s immigration policy.