Rahm Emanuel urges mayors to divest from gun companies - New York News

Emanuel urges mayors to divest from gun companies

Posted: Updated:
CHICAGO (Associated Press) -

Mayor Rahm Emanuel is urging mayors nationwide to follow Chicago's lead and sever ties with companies that make or sell assault weapons.

Emanuel says mayors have first-hand knowledge of the damage the weapons cause. He told a meeting of the U.S. Conference of Mayors on Saturday that there's no return on investment great enough to justify support for the companies.

Last week, Emanuel ordered a portfolio analysis of 5 pension and retirement funds for Chicago employees to determine if they include investments in gun makers. He has asked the Chicago Transit Authority, Chicago Housing Authority and the park district to do the same.

The Chicago Teachers' Pension Fund board voted last week to divest its $146,000 in investments from two companies.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share Your Photos & Video

  • Local NewsLocal NewsMore>>

  • Search for masked robbers in Caesars heist

    Search for masked robbers in Caesars heist

    Tuesday, July 22 2014 3:28 PM EDT2014-07-22 19:28:51 GMT
    The hunt is on in southern New Jersey for two suspects who made off with more than $180K from Caesars Atlantic City casino. The brazen robbers reportedly stole the cash from two plastic boxes on the casino floor. The robbery occurred on Monday at about 6 a.m. The masked robbers took off in a vehicle. The State Police Casino Gaming Bureau is handling the investigation.
    The hunt is on in southern New Jersey for two suspects who made off with more than $180K from Caesars Atlantic City casino. The brazen robbers reportedly stole the cash from two plastic boxes on the casino floor. The robbery occurred on Monday at about 6 a.m. The masked robbers took off in a vehicle. The State Police Casino Gaming Bureau is handling the investigation.
  • Long Island doctor gets 10 years in painkillers probe

    Long Island doctor gets 10 years in painkillers probe

    Tuesday, July 22 2014 3:23 PM EDT2014-07-22 19:23:37 GMT
    A New York physician has been sentenced to 10 years in federal prison for illegally distributing painkillers. Dr. Leonard Stambler of Baldwin Harbor was convicted in October 2013 of conspiracy and distribution of oxycodone. Authorities have been cracking down on the powerful painkiller following a fatal shooting during a Long Island pharmacy robbery.
    A New York physician has been sentenced to 10 years in federal prison for illegally distributing painkillers. Dr. Leonard Stambler of Baldwin Harbor was convicted in October 2013 of conspiracy and distribution of oxycodone. Authorities have been cracking down on the powerful painkiller following a fatal shooting during a Long Island pharmacy robbery.
  • Real estate heir charged for urinating on candy

    Real estate heir charged for urinating on candy

    Tuesday, July 22 2014 3:22 PM EDT2014-07-22 19:22:04 GMT
    A New York City real estate heir who admitted killing his neighbor a decade ago in Texas is facing a new charge in Houston that accuses him of urinating on candy at a drug store.Authorities say 71-year-old Robert Durst was arrested Sunday after arguing with store employees. They say he was charged with criminal mischief after urinating on at least $100 worth of candy.His attorney, Chip Lewis, said in a statement Tuesday that they will address the allegations in court.In 2001, D...
    A New York City real estate heir who admitted killing his neighbor a decade ago in Texas is facing a new charge in Houston that accuses him of urinating on candy at a drug store.Authorities say 71-year-old Robert Durst was arrested Sunday after arguing with store employees. They say he was charged with criminal mischief after urinating on at least $100 worth of candy.His attorney, Chip Lewis, said in a statement Tuesday that they will address the allegations in court.In 2001, D...
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices