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News Today: Texas divests $72 million from company boycotting Israel - Hot News-News of the United States was founded in 1933 by David Lawrence (1888-1973), which also started the World Report in 1946. The two magazines are covering national and international news separately, but Lawrence combines them into news reports of U.S. in World and 1948 [1] and Later sold the magazine to its employees. Historically, this magazine tends to be a bit more conservative than the two main competitors, Time and Newsweek, and focus more on the story of economic, health, and education. It's also distancing news, entertainment and sports celebrities. [2] an important milestone in the history of the beginning of the magazine is including the introduction of the "Washington Whispers" column in 1934 and the column "News You Can Use" in 1952. [3] [4] in 1958, the circulation of the weekly magazine passed one million and two million in 1973. (
wikipedia) News Today: Texas divests $72 million from company boycotting Israel - Hot News
State agencies in Texas have started to divest some $72 million worth of stock in a company that boycotts Israel to comply with a 2017 law.
The measure bans the state from doing business with companies that observe the Boycott, Divestment and Sanctions movement against Israel.
Two state pension funds — the Employees Retirement System of Texas and Texas Permanent School Fund — own $68 million and $4 million, respectively, worth of stock in DNB ASA, a Norwegian financial services company, the San Antonio Express-News reported.
The company has denied it boycotts Israel.
There are four companies on the state comptroller’s blacklist of companies that boycott Israel, the newspaper reported. The companies all deny such a boycott.
The Employees Retirement System told the Express-News that as of early April it had divested about half of its holdings in DNB ASA and that divestment should be complete by June.
The Texas comptroller in March blacklisted Airbnb for its decision to remove listings of rooms and homes for rent in West Bank Jewish settlements. The company has since walked back its decision.
Earlier this month Texas lawmakers offered an amendment to the law to exempt individuals and businesses valued at less than $100,000 or employing fewer than 10 full-time employees from the ban. The amendment was in response to legal challenges.
At least 26 states in recent years have passed similar laws punishing businesses that choose to boycott Israel.
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News Today: Texas divests $72 million from company boycotting Israel - Tennis News
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News Today: Texas divests $72 million from company boycotting Israel - Hot News
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News Today: Texas divests $72 million from company boycotting Israel - Hot News
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State agencies in Texas have started to divest some $72 million worth of stock in a company that boycotts Israel to comply with a 2017 law.
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