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GE, Eli Lilly, Celgene Partner with NYC, Launch Biotech Fund

The New York City Economic Development Corporation has partnered with Celgene, GE Ventures and Eli Lilly to create a biotech fund called the Life Sciences Funding Initiative. The city will put in $50 million and says by leveraging at least that amount in matching funds, the partnership will deploy a … Read more »

Apple, Colgate Among Companies Agreeing to 44 Shareholder Resolutions

Apple, Intel, Colgate, Smucker’s, Crocs, and Garmin are among the companies whose investors successfully used shareholder resolutions to spur corporate action on climate change, hydraulic fracturing, supply chain and water availability risks, among other sustainability issues, during the 2012 proxy voting season. Advocacy group Ceres says of the some 110 … Read more »