It was smiles all around as the familiar Wall Street ritual—the ringing of the closing bell—played out again at the New York Stock Exchange on Aug. 10.
Three of the largest investment shops in the U.S.—BlackRock, Vanguard and State Street—have long used their dominance in passive-investment funds to force corporations to comply with their preferred set of environmental, social and governance policies.
The world’s richest man, Elon Musk, was handed a win on Thursday by a Delaware judge in his attempt to terminate his $44 billion acquisition of Twitter.
Texas banned BlackRock and nine other finance firms from working with the Lone Star state after declaring they were hostile to fossil fuels.
Glenn Hegar,...
The Inflation Reduction Act, passed by both houses, includes a 15 percent corporate minimum tax, which will be a major step toward increased government powers and forced globalization on top of being detrimental to the economy.
More Republican-led states are refusing to do business with financial institutions that embrace a “woke” agenda on issues such as climate change, guns and...
Several Republican state attorneys general informed asset manager BlackRock last week that its shareholder activism efforts “may violate multiple state laws.”
