Wall Street firms are ditching climate coalitions. Do they matter?
BlackRock, the world’s biggest asset manager, is the latest financial firm to back out of a voluntary climate initiative it ...
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Texas Judge Rules American Airlines Violated Federal Law and Let Down Employees With ‘Woke’ 401(k) Plan
A Texas district judge has ruled that American Airlines broke federal laws and let down employees who invested in the company ...
Ahead of Trump presidency, U.S. banks abandon Mark Carney climate initiative
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 ...
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In other news this week: Coave Therapeutics secures €32M, Deciphex raises €31.4M funding, Druid Software bags €19.5M and more
Druid Software, a provider of cellular network software platforms for enterprise and industrial applications, announced that ...
Daily on Energy: Quote of the week, new Russia sanctions, and Trump to have say over SAF
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 ...
Seattle cybersecurity company WatchGuard snaps up threat analysis startup ActZero
Seattle cybersecurity company WatchGuard Technologies has acquired ActZero for an undisclosed sum, the parties announced this ...
American Airlines Violated Federal Law By Using 401(k) Plan to Promote ESG Funds, Judge Rules
NR has reached out to American Airlines for comment. BlackRock routinely points to high returns on its ESG products and its ...
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‘A Huge Win’: Woke ‘Cartel’ Of Financial Giants Dealt Death Blow 11 Days Before Trump Takes Office
Asset management behemoth BlackRock wrote a letter to institutional investors Thursday announcing its exit from an ...
BlackRock part ways with major climate group after being targeted by Republicans for its efforts on global warming
BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what ...
UN chief upset Blackrock quit climate group, urges others to stay
U.N. Secretary-General Antonio Guterres is disappointed that the world's biggest asset manager, BlackRock BLK.N, has left a ...
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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 ...
Fossil fuels are back with a vengeance! And the world is cooking
The fossil fuel industry is fighting back harder than ever against those who would seek to curtail it to protect the climate. Profits are up, political pressure for change is down. Meanwhile, the ...