WEATHER ALERT
Boards for Meta, Twitter face backlash from NY pension fund
Read full article: Boards for Meta, Twitter face backlash from NY pension fundA major New York pension fund that has invested in both Facebook’s corporate parent and Twitter believes it’s time to shake up the companies’ boards of directors because of their inability to keep violent content off their influential social media services.
Report: Oregon has $5.3b invested in fossil fuel companies
Read full article: Report: Oregon has $5.3b invested in fossil fuel companiesThe Oregon State Treasury has at least $5.3 billion invested in fossil fuel companies, a coalition of environmental groups says in a new report that blames the state for adding to global warming and urged divestment.
As tourism brightens, Times Square hopes to regain luster
Read full article: As tourism brightens, Times Square hopes to regain lusterEven as visitors again crowd below the jumbo screens in New York’s Times Square, the souvenir shops, restaurants, hotels and entrepreneurs within the iconic U.S. landmark are still reeling from a staggering pandemic.
Cuomo set to earn $5M from book on COVID-19 crisis
Read full article: Cuomo set to earn $5M from book on COVID-19 crisisNew York Gov. Andrew Cuomo has disclosed that he was paid a $3.1 million advance to write his COVID-19 leadership book last year and under his publishing contract will make another $2 million on the memoir over the next two years.
Pandemic puts 1 in 3 nonprofits in financial jeopardy
Read full article: Pandemic puts 1 in 3 nonprofits in financial jeopardyCalifornians for the Arts, for example, surveyed arts and culture nonprofits in the state and found that about 64% had shrunk their workforces. They will be navigating a very different financial pathway.”Newman-Scott said BRIC has been helping sustain smaller arts nonprofits and offering artists unrestricted $10,000 grants through its Colene Brown Art Prize. The most vulnerable nonprofits may try to reduce costs this year by narrowing their focus or by furloughing workers. Some may seek a merger or an acquisition to bolster their financial viability, Harold noted, although doing so would still mean that fewer nonprofits would survive. We saw that with hundreds and hundreds of foundations.”___The Associated Press receives support from the Lilly Endowment for coverage of philanthropy and nonprofits.