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Ken Fisher fallout: Which pension plans have pulled out and which have stayed

Ken Fisher fallout: Which pension plans have pulled out and which have stayed

Finance
Kenneth Fisher, chief executive officer of Fisher Investments, speaks at the Forbes Global CEO Conference in Sydney, Australia, on Tuesday, Sept. 28, 2010.Gillianne Tedder | Bloomberg | Getty ImagesIt remains to be seen how long other clients will stick with billionaire money manager Ken Fisher in the wake of off-color and sexist comments he recently made at an investing conference.The Iowa Public Employees Retirement System on Friday notified the firm it would end its contract. Fisher Investments oversees $ 386 million of the IPERS $ 34 billion trust fund.More than $ 1.2 billion public pension assets have left Camas, Washington-based Fisher Investments so far, including the Boston Retirement System with $ 248 million in assets and $ 600 million the State of Michigan says it's withdrawing....
Government scraps online ‘porn block’ plans after law hits kinks

Government scraps online ‘porn block’ plans after law hits kinks

Technology
The government has dropped plans to block pornography websites in the UK unless they could effectively check the ages of visitors.Sky News first revealed that the age verification scheme was being indefinitely delayed back in June. Following our report, the government claimed the delay would only last six months, but today digital secretary Nicky Morgan confirmed that the plans "will not be commencing". Image: Digital Secretary Nicky Morgan confirmed the law was being dropped The controversial scheme had prompted campaigners to raise concerns that it would enable widespread tracking of porn watchers' identities and browsing habits, creating the potential for blackmail and online surveillance.In a written statement to parliament, Ms Mo...
Virgin Orbit selects RAF pilot as it plans satellite launch program

Virgin Orbit selects RAF pilot as it plans satellite launch program

Business
Oct. 4 (UPI) -- Virgin Orbit, a private company planning launches of orbital satellites, announced that a Royal Air Force pilot will join its team. Flight Lt. Mathew Stannard will join the Virgin Orbit program in a three-year contract. He will be one of the company's pilots in the trials of Boeing 747-400 aircraft from which satellites will be launched. The announcement was made on Thursday in California. Stannard is currently a Typhoon pilot with the RAF's test an evaluation squadrons. Virgin Orbit has a business relationship with the RAF and the U.S. Air Force in demonstrating the utility of launching small satellites by means other than traditional vertical rockets. The first "air launch" of a rocket and satellite is planned for the autumn. Last week the first rocket, LauncherOne, was...
Team plans colour film of black hole at galaxy’s centre

Team plans colour film of black hole at galaxy’s centre

Science
The team that took the first ever image of a black hole has announced plans to capture "razor sharp" full colour video of the one at the centre of our galaxy.Satellites would be launched to supplement the existing network of eight telescopes to make this movie.The researchers say the upgraded network will be able to see the supermassive black hole consuming the material around it. The team has been awarded the Breakthrough Award for Physics.Prof Heino Falcke, of Radboud University in the Netherlands, who proposed the idea of the so-called Event Horizon Telescope (EHT), told BBC News that the next step was to see a black hole in action."Just like planets, a black hole rotates. And because of its incredibly strong gravity, it disto...