The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the ... laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the ...

It became more popular after the #MeToo, racial justice and climate movements took hold when President Donald Trump was in ...

The class-action plaintiffs claimed that the airline financially harmed its 401(k) participants by not sufficiently scrutinizing BlackRock’s ESG principles when investing and casting proxy votes ...

The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...

The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.

BlackRock BLK1.34%increase; green up pointing triangle is pulling out of a United Nations-sponsored climate initiative, a remarkable U-turn for a company that was once a poster child of the ...

The Tennessee lawsuit was the first by a GOP official against an investment firm for its ESG strategy. In November, BlackRock, along with Vanguard Group Inc. and State Street Corp., was sued by ...

U.S. states have withdrawn billions of dollars from Blackrock due to concerns about ESG. These changes are welcome corrections to the flawed and deeply ideological goals of ESG advocates.

“American has never offered ESG investment options in our 401 ... which was Blackrock,” Reish noted. Additionally, BlackRock’s funds’ ownership of about 5 percent of American Airlines ...

BlackRock ESG Capital Allocation Term Trust (ECAT) stock price is 16.64 and BlackRock ESG Capital Allocation Term Trust (ECAT) 10-day simple moving average is 16.63. BlackRock ESG Capital ...