UC regents assess effects of possible divestment

The University of California Board of Regents Investment Advisory Committee met Tuesday at UCLA to review the status of the UC portfolio and in part to provide an update on the status of the Sudan divestment proposal. The meeting focused primarily on discussion of the UC-portfolio performance. Though the portfolio experienced positive returns, some regents […]

UC Regents address possible divestment

The University of California’s agenda now includes the task of determining the appropriateness of divestment of UC funds from international companies doing business in the Darfur region of Sudan. The UC Board of Regents voted at its meeting last week to send letters to fund managers expressing concern and to investigate the consequences of divestment. […]

Students lobby for Sudan divestment with memorial

The UC Sudan Divestment Taskforce prepared for Thursday’s UC Board of Regents meeting with a memorial for genocide victims at Meyerhoff Park on Tuesday. Tombstones with the number of dead from the genocide in the Darfur region of Sudan surrounded students, who held up pictures of the regents and recited what they hope to hear […]

A Closer Look: New budget proposed

Gov. Arnold Schwarzenegger proposed a $125.6 billion spending plan Tuesday that increases spending on education, health services, and roads and highways. The budget proposal includes a 7 percent increase in expenditures but does not increase taxes. “California is now on the road to both economic recovery and fiscal stability,” Schwarzenegger said in a statement. The […]

[A Closer Look]: Professors’ pay falls short of peers’

The recent discussions surrounding the salaries of top administrators have been accompanied by questions regarding the salaries of University of California professors. The smaller salaries of UC professors compared to similar institutions and the possible loss of top faculty is a growing concern among university leadership. The cash salary of the average UC employee is […]