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  • Why did CalPERS stick with tobacco ban?

    By one estimate, CalPERS has missed out on $3 billion in financial returns by refusing to buy tobacco stocks. But the pension giant decided in 2016 to stick with the ban despite a recommendation from its staff that the ban be relaxed.

By one estimate, CalPERS has missed out on $3 billion in financial returns by refusing to buy tobacco stocks. But the pension giant decided in 2016 to stick with the ban despite a recommendation from its staff that the ban be relaxed. Dale Kasler The Sacramento Bee
By one estimate, CalPERS has missed out on $3 billion in financial returns by refusing to buy tobacco stocks. But the pension giant decided in 2016 to stick with the ban despite a recommendation from its staff that the ban be relaxed. Dale Kasler The Sacramento Bee

CalPERS opts to keep ban on tobacco stocks

December 19, 2016 1:24 PM

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More Videos

California lawmaker praises signing of diaper bill 1:03

California lawmaker praises signing of diaper bill

See Bear Fire burning parts of 271 acres in Santa Cruz County 0:09

See Bear Fire burning parts of 271 acres in Santa Cruz County

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'What are we going to do with people who no longer have a home?'

Watch long, tense talk with armed suspect end in police shooting 1:21

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Banned books that shaped American literature 2:08

Banned books that shaped American literature

How much exercise do you need? 1:03

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  • California lawmaker praises signing of diaper bill

    Lorena Gonzalez Fletcher, a Democratic assemblywoman from San Diego, celebrates the signing of her diaper bill at a ceremony with Gov. Jerry Brown in Sacramento on Oct. 11, 2017. The measure provides subsidies to poor mothers to buy diapers.