The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

More than half of large U.S. employers plan to scale back healthcare benefits next year as rising costs from weight-loss and ...

CalPERS is doubling down on its climate-focused strategy. Its "centrally planned" approach will neither address global climate change nor help companies perform better.

CalPERS should prioritize proven, effective strategies that cost less and consistently deliver better returns for taxpayers and public employees.

California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for ...

Calpers, the nation’s largest public pension, recently unloaded about $6 billion of its stakes in private equity funds to second-hand buyers reportedly at a roughly 10 percent discount to their ...

Calpers Chief Investment Officer Nicole Musicco has made a push for the $449 billion pension fund to invest directly in companies and bypass private equity giants.

The California Public Employees’ Retirement System said Friday that its chief investment officer is stepping down after a year and a half on the job, the sixth official to leave the role in 20 ...

CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement System, known as Calpers.