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Dozens of San Jose speakers urge city to divest from companies tied to Israel; council asks staff to review investment policy
Summary
Dozens of San Jose residents urged the San Jose City Council to remove city investments in firms they say are tied to Israeli military actions, naming Caterpillar, Alphabet and Microsoft and citing about $50 million in holdings.
Dozens of San Jose residents urged the San Jose City Council to adopt a divestment resolution removing city investments in companies they said are tied to Israel's campaign in Gaza and the West Bank. Speakers named Caterpillar, Alphabet and Microsoft and said the city's most recent quarterly investment report shows more than $50 million invested in those companies.
The call for divestment came during a lengthy public-comment period. Miranda Collett, a resident who opened the remarks on this topic, said, “Please counsel people. Divest from Caterpillar, Alphabet, and Microsoft. You have more than $50,000,000 invested in these companies.” Other speakers repeated that figure and asked the council to introduce a resolution…
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