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  Tamuz 16, 5772 , 06/07/12

Presbyterians Narrowly Defeat Divestiture

By a vote of 333-331 with two abstentions, the General Assembly of the Presbyterian Church (USA) voted, Thursday, to defeat a resolution to remove Caterpillar, Hewlitt-Packard and Motorola from its investment portfolio, according to the Associated Press. A committee had cited Caterpillar for supplying bulldozers for the demolition of Arab homes, Motorola for providing cell phone technology to Jewish communities in Judea and Samaria, and Hewlett-Packard for managing information technology for the Israeli Navy.

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Other archived news briefs:Jul 06 2012, 07:40 AM, 7/6/2012