BlackRock expected to post booming earnings — as Larry Fink’s firm shifts from woke investing of past
Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely ...
BlackRock is trying to avoid the hot seat as GOP takes power
The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...
BlackRock Senior Executive Wiedman Leaving After Two Decades (1)
Mark Wiedman, one of BlackRock Inc.’s most senior executives and a potential successor to Chief Executive Officer Larry Fink, is leaving the world’s largest asset manager in a shuffle of its top ranks ...
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DAVID BLACKMON: ESG Is Collapsing And Net Zero Is Going With It
As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations ...
BlackRock may exit woke business climate group Net Zero Alliance as backlash over ESG investing widens
Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon ...
BlackRock Withdraws From Climate Coalition, Backpedaling Again on ESG
The world’s largest asset manager is latest Wall Street firm to quit climate groups.
ESG Opponents Get Novel Win in American Airlines 401(k) Suit
American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...
Net Zero asset managers suspend operations in wake of BlackRock’s departure
NZAMI’s suspension follows a mass exodus of U.S. banks from its sister organization, the Net Zero Banking Alliance, or NZBA, ...
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BlackRock quits Net Zero climate group, after ongoing pushback against ESG investing
The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero ...
American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says
Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policies ...
American Airlines ESG investing strategy violated federal law, judge rules
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...