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The Latest Breaking News from BlackRock

BlackRock CEO faces call to step down amid claims of hypocrisy

Hedge fund says company still too attached to fossil fuels as it promotes eco-conscious strategy

The Guardian - UK

Stocks Edge Lower, Toll Brothers, BlackRock, GameStop And Georgia Runoff Results - Five Things To Know

Stock futures lower as growth, inflation worries mount; Toll Brothers gains after solid Q4 earnings, home building outlook; BlackRock edges lower as activist investor targets CEO Larry Fink; GameStop higher ahead of Q3 earnings with costs in focus and Raphael Warnock wins Georgia senate runoff over Herschel Walker.

The Street

Florida divests from BlackRock

Last week, the state of Florida, at the direction of Governor Ron DeSantis (R) and State Chief Financial Officer (CFO) Jimmy Patronis, became the latest state to divest funds from BlackRock over its sustainability and ESG policies:

Ballotpedia

From analysis to the latest developments in health,
read the most diverse news in one place.

Even BlackRock is too woke for Florida

The sunshine state's conservative CFO is pulling $2 billion of taxpayer assets from BlackRock for promoting environmental, social, and governance (ESG) principles.

Fortune

Florida pulls $2B from BlackRock, cites differences in investing philosophy

Florida will pull $2 billion from the largest asset-management firm in the world over ideological differences.

Miami Herald

3 takeaways on SBF, Mark Zuckerberg, and Larry Fink from DealBook’s buzzy Summit

The former FTX CEO took the lawyerly route, while the Meta chief blasted Apple and the BlackRock leader forecasted change in tech.

Fortune

FTX missing billions remain a mystery

Mystery continues to shroud the missing billions at the bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.

Bangkok Post

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BlackRock's Fink predicts most crypto firms will go under

BlackRock CEO Larry Fink thinks that most crypto companies won't survive in the wake of Bankman Fried's FTX collapse.

Fortune

Aging boomers are making it harder to tame inflation

Older Americans aren’t returning to the workforce, and that has major implications for inflation and the U.S. economy long term.

Fortune

FTX Collapse Hits Asset Management Giant BlackRock

Bankrupt cryptocurrency exchange FTX had the creme de la creme among its investors.

The Street

Revealed: more than 70% of English water industry is in foreign ownership

Guardian unpicks complex web of investment firms, wealth funds and tax haven-based businesses that own most of sector

The Guardian - UK

‘You’ll have to talk to the UK staff’: can global water investors be held to account?

Will Malaysia’s YTL, US-based BlackRock and Hong Kong’s CK Hutchison Holdings answer questions about environmental damage?

The Guardian - UK

'Why can't we reuse them?': Stokes promotes mine rehab for development

"Sure we rehabilitated, but we rehabilitated them for new use. We didn't rehabilitate them for no use whatsoever.

Newcastle Herald

How to Find the Best Growth Stocks

Growth stocks can create significant returns for investors, but what are they and how do you find the best ones? We take a closer look here.

Kiplinger

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The Guardian - UK

Major funds exposed to companies allegedly engaged in Uyghur repression in China

Report finds stock indexes provided by MSCI include companies using forced labour or constructing surveillance state in Xinjiang

Ballotpedia

Midterm results could strengthen state opposition to ESG

Republican midterm gains could strengthen state opposition to ESG according to Roll Call

ABC News

Andrew Forrest pledges $744 million towards rebuilding Ukraine, aims to attract investors

The mining magnate invests in a fund that will pour money into primary infrastructure, including energy and communications, in the country.

Ballotpedia

Economy and Society, November 15, 2022: Former BlackRock senior adviser expresses concerns with ESG

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

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news in one place.

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Radio France Internationale

Companies listed on France's CAC 40 post bumper 2021 dividends for investors

According to a new report on CAC 40 companies, dividends in 2021 reached a record €57 billion, bringing in over €2.4 billion to France's Arnault family and €2 billion to the American investment fund Blackrock.

Asharq Al-Awsat

PIF, BlackRock Sign MoU to Boost Foreign Direct Investment

The Saudi Public Investment Fund (PIF) and US investment giant BlackRock signed a Memorandum of Understanding on Monday to jointly explore infrastructure projects in the Middle East, focused on Saudi Arabia. Industries to be targeted include energy, utilities, transport and telecoms. PIF and BlackRock will cooperate to attract regional and…

The Guardian - UK

Is austerity the only way for Jeremy Hunt to reassure the markets?

Many investors believe taking money from the rich and giving it to the poor would be ‘fine’ with the bond market

The Guardian - UK

Irish police investigate abuse claims against elite Spiritan schools

Catholic order confirms payments of €5m in settlements since 2004 for cases going back decades

Investors Business Daily

Here's Who Owns Tesla Now That Elon Musk Is Selling Out

Entrepreneurs sell out stock eventually, and Tesla CEO Elon Musk is no different. But he's still firmly in control of the company he co-founded.

Irish Mirror

RTE documentary reveals litany of abuse on dozens of victims at Dublin's Blackrock College

The brothers alleged that their abusers were from the community of the Holy Ghost Order

Investors Business Daily

10 Meta Investors Lose $211 Billion On Mark Zuckerberg's Madness

Who could slow down Mark Zuckerberg's costly plan to pivot Meta Platforms into the metaverse? It's going to have to be one of the investors holding the biggest losses.

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People

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