CalPERS investment chief steps down at $400 billion pension fund

(Reuters) – California Public Employees’ Retirement System (CalPERS) said late Wednesday Yu Ben Meng resigned as its chief investment officer and Dan Bienvenue, deputy chief investment officer, will become interim CIO. The nation’s largest public pension fund, which manages pension

Buffett says coronavirus cannot stop America

(Reuters) – Warren Buffett on Saturday gave an upbeat assessment of the United States’ ability to withstand crises, even as he acknowledged that the coronavirus pandemic could have a wide range of impacts on the economy. The 89-year-old Buffett spoke