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Pensions & Investments – While every move of the New York State Common Retirement Fund is in the spotlight these days, what the bright lights don’t reveal are the dramatic improvements in the fund during the past two years.
An alleged massive pay-to-play scheme centered on the fund’s alternatives investments while Alan G. Hevesi held the New York state comptroller’s position from 2002 through 2006 has dominated the news about the pension fund for more than a month.
Mr. Hevesi’s successor, Thomas P. DiNapoli, immediately began reforming the investment department of the Albany-based fund once he took the helm in February 2007.
Yahoo News - Apple Inc chief and tech visionary Steve Jobs will take a leave of absence till end-June because of health problems "more complex" than thought, backtracking on reassurances, stunning investors and sending its shares skidding 10 percent on Wednesday.
Jobs, a pancreatic cancer survivor, dropped his bombshell in a cryptic announcement on Wednesday — only nine days after he soothed jumpy investors somewhat by saying his dramatic weight loss over the past seven months was due to an easily treatable hormone imbalance. He had promised to remain at the helm throughout his treatment.
