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 ...
The American Spectator12d
BlackRock and American Airlines: Is Larry Fink the New Sam Bankman-Fried?
A federal case out of Texas decided on Friday, could be the first step in a long and painful march for institutional capital ...
InvestmentNews8d
BlackRock reaches settlement with Tennessee over ESG strategy
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...
Why Companies Are Ditching ESG
America needs high-performance computer chips. Intel was once the leading manufacturer of such chips. But now, even as ...
EconoTimes8d
BlackRock Settles ESG Disclosure Dispute with Tennessee Attorney General
BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...
Yahoo Finance8d
BlackRock Settles With Tennessee Over ESG Strategy
In response, Chief Executive Officer Larry Fink has said he no longer ... official against an investment firm for its ESG strategy. In November, BlackRock, along with Vanguard Group Inc. and ...
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 ...
JD Supra5d
Judge Finds American Airlines Breached its Fiduciary Duty of Loyalty by Allowing Investment Manager to Prioritize ESG Goals with 401(k) Plan Assets
On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...
Hubbis12d
BlackRock Recalibrates ESG Strategy With Exit From UN Climate Initiative
BlackRock, the largest asset manager globally, has exited a prominent UN-supported climate initiative, marking a significant shift in its approach to environmental, social, and governance (ESG) ...
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, ...
AOL8d
Tennessee Attorney General settles ESG dispute with BlackRock
Its CEO Larry Fink said in 2023 that he had stopped using the term ESG because of how weaponized it had become. BlackRock said it was pleased to resolve the dispute with Tennessee. "BlackRock has ...