All major U.S. banks have quit a climate initiative known as the Net-Zero Banking Alliance. Formed in 2021 as a subgroup of a ...

Good afternoon, and happy Friday, readers! In today’s Daily on Energy, Callie and Maydeen continue to cover the destructive fires burning throughout Los Angeles County. Our hearts go out to those who ...

Asset management behemoth BlackRock wrote a letter to institutional investors Thursday announcing its exit from an ...

U.N. Secretary-General Antonio Guterres is disappointed that the world's biggest asset manager, BlackRock BLK.N, has left a ...

The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero ...

Financial institutions across the world are engaging in the height of hypocrisy, publicly renouncing controversial groups ...

JP Morgan this week became the latest to announce its withdrawal from Net Zero Banking Alliance, joining Goldman Sachs, ...

The world’s largest asset manager is latest Wall Street firm to quit climate groups.

The cryptocurrency market is heating up with BlackRock’s iShares Bitcoin Trust recording $332.6 million in single-day ...

BlackRock Inc., the world's largest asset manager with $11.5 trillion under management, has withdrawn from the Net Zero Asset ...

BlackRock, the world’s largest asset manager, has exited the Net Zero Asset Managers initiative, marking another major retreat from climate coalitions amid rising political and legal pressures.

Backed Climate Pact** In a decisive move that signals a growing backlash against the climate change agenda, BlackRock, the world ...