Texas effort to punish BlackRock over green-energy policies receives widespread GOP support
FIRST ON FOX: A large coalition of right-leaning organizations and officials from across the country are throwing their weight of support behind Texas' effort targeting BlackRock.
Mississippi hits BlackRock with cease and desist, threatens massive fine over ESG policies
The state of Mississippi is threatening to hit major financial asset manager BlackRock with a massive fine as part of a cease and desist order targeting the firm's ESG practices.
BlackRock CEO says Social Security's retirement age 'a bit crazy' as crisis looms
BlackRock CEO Larry Fink issued a warning about the fiscal crisis facing Social Security in his annual letter to investors, saying the retirement age should be re-assessed.
BlackRock pushes back after Texas withdraws $8.5 billion investment
BlackRock pushed back on Texas' decision to pull a roughly $8.5 billion investment for its Permanent School Fund from the asset manager over an alleged boycott of oil and gas companies.
Texas pulls $8.5B from BlackRock in stunning blow to ESG movement
FIRST ON FOX: The State of Texas is terminating a $8.5 billion BlackRock investment in response to the firm's ESG policies, which the state says signal a boycott of energy companies.
BlackRock admits ESG advocacy could prove bad for business
BlackRock wrote in a filing to the SEC that CEO Larry Fink's environmental, social, and governance policies (ESG) advocacy is a risk factor that could hurt it financially.
BlackRock says 'mega forces' like AI, green energy transition are sparking structural economic changes
Massive financial asset manager BlackRock is warning that major forces, like artificial intelligence and green energy, are driving change across the economy.
Wall Street firms block client access to new spot Bitcoin ETFs
Large Wall Street firms are blocking retail investors from accessing the new “spot" Bitcoin ETFs recently approved by the SEC, FOX Business has learned.
BlackRock layoffs coming as firm matures, ESG pullback and Bitcoin ETF approval
Money management firm BlackRock plans to announce layoffs of about 3 percent of its global workforce in the coming days, totaling about 600 employees.
Some companies revise diversity policies amid conservatives’ lawsuit threat
Several major U.S. companies changed their internal diversity policies and programs amid legal threats from conservative groups opposed to DEI initiatives, per a Reuters analysis.