When Sacramento State President Luke Wood took the stage at last weekend’s commencement to send off his first class as students start their next chapter, he gave them a message about leadership. “The world is not led by the passive; it’s led by those who take on the mantle of leadership, and when there isn’t […]
Tag: divestment
TikTok creators file suit to block US divestment or ban law
By David Shepardson WASHINGTON (Reuters) -A group of TikTok creators said Tuesday they filed suit in U.S. federal court seeking to block a law signed by President Joe Biden that would force the divestiture of the short video app used by 170 million Americans or ban it, saying it has had “a profound effect on […]
University of Tennessee students host vigil for Palestine to demand divestment by university
A solemn student vigil in support of Palestine on the University of Tennessee campus May 1 stands in contrast with the images of police tearing down encampments at other campuses across America. Like their peers at other campuses, Students for Justice in Palestine called for Knoxville campus leaders to disclose any investments tied to Israel […]
Senate Republican leader backs legislation to force Chinese divestment of TikTok
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Republican Leader Mitch McConnell on Monday called for legislation to force TikTok’s parent company, China’s ByteDance, to divest the short video app used by 170 million Americans. “Requiring the divestment of Beijing-influenced entities from TikTok would land squarely within established constitutional precedent,” McConnell said, adding “it wouldbegin to […]
BlackRock, ‘dismayed’ by $8.5 billion Texas divestment, urges rethink
By Isla Binnie NEW YORK (Reuters) – A senior BlackRock executive said on Thursday the world’s largest asset manager was “dismayed” by a Texas state fund’s move to pull $8.5 billion in assets, and urged the fund’s administrators to reconsider. Texas State Board of Education Chair Aaron Kinsey said on Tuesday the Texas Permanent School […]
TikTok divestment bill would give government stronger legal position, US DOJ says
By David Shepardson WASHINGTON (Reuters) -The U.S. government would be in a stronger legal position if lawmakers ordered China’s ByteDance to divest TikTok, rather than simply banning the short video app used by 170 million Americans, the Justice Department told Congress in a document seen by Reuters. Lawmakers and the Biden administration say TikTok poses […]