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The Latest Breaking News from BlackRock

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

The Guardian - UK

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.

Investors Business Daily

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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

Irish Mirror

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.

Investors Business Daily

Right-Wing Protectionism is Costing Texas

Laws banning the state from doing business with banks that are dubbed anti-fossil fuel or anti-gun could cost 100s of millions in interest.

Texas Observer

COP out: The world is burning. Will climate tech douse the flames?

As the world prepares to gather for COP27 in Egypt this weekend, Matt Hay on why climate tech isn’t the only answer to the crisis

Evening Standard

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Political spat over climate risks in investments gets hotter

The political fight is only getting fiercer over whether it’s financially wise or “woke” folly to consider a company’s impact on climate change, workers’ rights and other issues when making investments

The Independent UK

Wall Street accused of whitewashing China crackdown in Hong Kong

Activists and US legislators say banking summit being used to legitimise the dismantling of city’s freedoms.

Al Jazeera

A Sinister Reason May Be Behind Governors' Opposition To Cannabis Legalization

As one Republican governor after another rejects President Biden’s suggestion to pardon simple cannabis possession convictions, one wonders what they're thinking.

Benzinga

Ted Cruz Interrupted By Climate Protestors in an Unlikely Place

The controversial Republican was appearing someplace more known for liberals.

The Street

Economy and Society, October 25, 2022: Missouri latest state to divest BlackRock funds over 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.

Ballotpedia

The financial cost of climate denial

As a warming planet brings economic tensions to a boil, following the money can reveal some critical stories

Salon

Investors resist efforts to paint ESG as a political issue

WASHINGTON — Institutional investment firms and activist asset managers are amplifying their message to congressional and state lawmakers: Stop equating environmental, social and governance investing with a political agenda.

Tribune News Service

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Roll Call

Investors resist efforts to paint ESG as a political issue - Roll Call

As states restrict investment based on ESG, asset managers of all sizes say they are not pursuing a political agenda.

Ballotpedia

Economy and Society, October 18, 2022: South Carolina to divest BlackRock funds over ESG

Benzinga

Looking At BlackRock's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on BlackRock. Looking at options history for BlackRock (NYSE:BLK) we detected 26 strange trades.

Benzinga

BlackRock (BLK) Tops Q3 Earnings Estimates

BlackRock (NYSE: BLK) came out with quarterly earnings of $9.55 per share, beating the Zacks Consensus Estimate of $7.70 per share. This compares to earnings of $10.95 per share a year ago. These figures are adjusted for non-recurring items.

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Investors Business Daily

Dow Jones Dives 500 Points On Hot Inflation Report; 10-Year Treasury Yield Tops 4%; Apple, Tesla Drop

The Dow Jones Industrial Average dived Thursday on hot inflation data from the consumer price index. The 10-year Treasury yield topped 4%.

Ballotpedia

ESG and state executive official elections

Welcome to the Thursday, October 13, Brew.

Investors Business Daily

BlackRock Earnings Fall But Beat Expectations

Asset management giant BlackRock reports third-quarter earnings early Thursday. UBS cut its price target for BLK stock ahead of result.

The Street

Mini-Golf Upstart Puttshack Gets Big Investment from BlackRock

Puttshack has plans to expand its footprint this year -- and that footprint is about to get bigger.

Ballotpedia

Economy and Society, October 11, 2022: Louisiana treasurer announces plan to divest state funds from BlackRock

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 11, 2022

Upgrades

Dublin Live

Dublin jobs: Boots hiring Christmas staff for stores across the city

The retailer is looking for Christmas customer assistants to work across various stores

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People

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