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A group of college faculty is calling on TIAA-CREF to begin "positive
investing" of their pension funds.
The group has launched a nationwide campaign calling for 5-10 percent of
assets in the CREF Social Choice Account to be invested in companies that are
models of social and environmental responsibility. This would mean $100Ð200
million invested in such companies.
You can visit the group's Web site at: www.manchester.edu
(click on "index," then "Social Choice for Social Change").
Employment in U.S. subsidiaries of foreign companies grew by 146 percent
between 1980 and 1995.
The growth rate for U.S.-owned businesses was 31 percent during the same
period. The Organization for International Investment notes that 4.9 million
Americans, or about 5 percent of the workforce, were employed by foreign-owned
companies with U.S. locations at the end of 1995.
Workers employed by foreign subsidiaries earned an average salary of $42,212
a year, about 11 percent higher than workers at U.S.-owned companies.
The American Association for the Advancement of Science wants the United
States to make it easier for American and Cuban scientists to work together.
A report from the Association's Human Rights Program calls on the government
to change its "inconsistent travel restrictions."
The report calls on the United States to ease restrictions on scientists
traveling between Cuba and the United States and to use consistent criteria when
granting or denying visas.
The Association also recommends that, until policies are changed, a panel of
scientists be created to review the scientific legitimacy of travel requests,
and an appeals process be instituted.
A state labor board has ruled that graduate assistants at the University
of California San Diego can pursue collective bargaining.
The decision marks a clear victory for academic student employees. The UC's
denial of collective bargaining rights had resulted in 25 days of strikes on
five UC campuses during 1996-97. Organizers are confident the ruling will apply
to other campuses as well.
The LA Weekly has reported that the University of California spent
almost $2 million over the past three years on legal efforts to thwart the
union organizing efforts of the grad assistants.
The article also noted that the governor vetoed provisions the state
legislature had added to the state budget requiring the university to stop
spending money on private outside attorneys for union busting.
The future of remedial classes is now a political battle in New York.
The city's mayor started the war by urging that remediation at the City
University be turned over to private test-preparation services. Others have
proposed a ban on all remedial courses at the senior colleges.
Notes the union for the CUNY faculty: "It is long past time to remove
the debate over remedial/compensatory programs at CUNY from the realm of
politics."
A smaller proportion of people with Ph.D.'s in English landed
tenure-track jobs last year than had done so three years before.
A Modern Language Association 1996-97 survey found that 33.7 percent
doctoral graduates surveyed won tenure-track appointments, down from 45.9
percent in 1993-94.
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