BlackRock

State Officials Demand BlackRock End ‘Political Advocacy’

Twenty-one state officials sent a letter to BlackRock CEO Larry Fink and other financial entities, condemning their efforts in "political advocacy" over "traditional fiduciary duty."

BlackRock Busted, Still Enforcing Fossil Fuel Boycott in Texas

BlackRock, the world’s largest asset manager, is again under scrutiny in Texas for allegedly continuing to pressure companies to abandon fossil fuels—despite being removed earlier this year from the state’s official energy boycott list. A new report claims BlackRock’s climate policies still violate Texas Senate Bill 13, a law passed in 2021 to protect the state’s fossil fuel industry from politically driven financial discrimination.

DOJ Files Statement of Interest in BlackRock Coal Manipulation Case

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) filed a Statement of Interest in a lawsuit accusing asset managers BlackRock, State Street, and Vanguard of attempting to manipulate the energy market.

China and Hong Kong Oppose BlackRock’s Acquisition of Panama Canal Ports

The recent agreement between Hong Kong's CK Hutchison Holdings and U.S.-based BlackRock Inc. to transfer ownership of strategic ports at both ends of the...

BlackRock Ends DEI

Asset manager BlackRock announced in a company-wide memo that it has ended its diversity, equity, and inclusion (DEI) goals.

World Economic Forum Admits Leaders ‘Lost’ Amid Second Trump Presidency

Upon meeting for their annual Davos meeting, World Economic Forum (WEF) leaders admitted they "lost" to President Donald Trump.

Neuralink Brain Implant Trials Expand: Third Patient Successfully Implanted

Elon Musk announced that Neuralink, his brain-computer interface (BCI) company, has successfully implanted its experimental device in a third human subject. The announcement, made...

District Court Finds American Airlines Prioritized Political Agenda in Employees’ Retirement Funds

A district court ruled that American Airlines did not prioritize the financial interests of its employees' retirement funds and instead focused on environmental, social, and governance (ESG) goals.

BlackRock Exits Climate Pact

Investment company BlackRock announced that it exited the United Nations-supported Net Zero Asset Managers Initiative.

Investment Bank Leaves Net-Zero Climate Alliance

Investment bank Morgan Stanley announced that it left the Net-Zero Banking Alliance (NZBA).

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