Bloomberg Business

Calpers CIO Musicco to Step Down After Less Than Two Years

The California Public Employees’ Retirement System said Chief Investment Officer Nicole Musicco will step down less than two years after she joined the largest US pension fund, sparking another round of turmoil in the high-profile public investing office.

Instacart Now Plans to Price IPO Shares Monday, Trade Tuesday

Grocery delivery business Instacart is preparing to price its initial public offering on Monday after boosting its price range following a strong trading debut by Arm Holdings Plc, according to people familiar with the matter.

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