Several public funds with holdings in Facebook Inc on Wednesday backed a proposal to remove Chief Executive Officer Mark Zuckerberg as chairman.
The proposal, originally bought to the table by hedge fund Trillium Asset Management, is now backed by state treasurers from Illinois, Rhode Island and Pennsylvania. New York City Comptroller Scott Stringer also joined the shareholder proposal.
The proposal is asking Facebook’s board to make the role of board chair an independent position.
Reporting by Arjun Panchadar in Bengaluru; Editing by Bernard Orr
‘Always speaks as if he might be wired’: MSNBC analyst busts Trump’s suspicious ‘no quid pro quo’ call to Sondland
MSNBC's Joe Scarborough reacted to EU ambassador Gordon Sondland's description of a criminal enterprise operating out of the White House.
Panelists on "Morning Joe" agreed the ambassador's testimony outlined an extortion scheme directed by Trump against Ukraine that undermined U.S. foreign policy to personally benefit the president.
"You listen to (House Democratic counsel) Daniel Goldman, an organized crime prosecutor, he began to elicit evidence that will build a narrative that whether or not Republicans are ultimately publicly persuaded by it, they will know to be the truth," said former U.S. Attorney Joyce Vance. "This was a vintage mob operation with Trump not putting his fingers too directly on things but sending out his lieutenant Rudy Giuliani, who Sondland told us they all knew that when they took Rudy Giuliani's orders, he was speaking for the president, and it's clear now to all of us how this worked and that it really was a bribery scam."
As government prepares to seize more land for a border wall, some Texas landowners prepare to fight
In Laredo, border landowners are receiving letters from the federal government, requesting permission to enter their land for surveying. "Hell no, we're not signing anything," one recipient said.
When David Acevedo attended a meeting with officials from the U.S. Army Corp of Engineers in Webb County last month, he thought he would come away with more information about the Trump administration’s border security plans.
But Acevedo, whose family owns 180 acres of land near the Rio Grande in south Laredo, said the meeting only produced more questions about how the administration was going to move forward with plans it had for the swath of land that’s been in his family for generations.
Clint Eastwood seeks to restore Atlanta bomb hero’s legacy
Clint Eastwood's new film restores the "hero" status of the security guard whose life was ripped apart by claims he bombed the 1996 Atlanta Olympics, the director and stars said Wednesday.
"Richard Jewell" dramatizes the story of the innocent man who found himself at the center of a terror investigation and devastating media storm following the blast at the Summer Games which led to two deaths and wounded over 100 people.
The former cop was initially hailed as a hero after he spotted the pipe bomb at Centennial Olympic Park, helping saving hundreds more from harm, but was soon identified by journalists as an FBI suspect.