Personal Finance


Vanguard is no friend to shareholders seeking more details on firms’ political spending

When shareholders of Camden, NJ-based American Water Works asked fellow investors to support a measure on corporate political spending accountability this year, Vanguard voted 'no.' So it went for similar resolutions put forth at annual meetings for Range Resources – one of the first companies to drill for natural gas in Pennsylvania's Marcellus Shale – and at more than a dozen other companies, including Ford, PayPal, and Equifax. Shareholders calling for political spending disclosure and oversight policies didn't get support from mutual fund behemoth Vanguard – which consistently voted against those resolutions when it came time to cast its proxy.


More jobs in South Florida, but no one is getting hired

Local contractors are struggling to find enough skilled workers to fuel the construction boom.


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