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The Latest Breaking News from Larry Fink

Starmer wins backing of billionaire BlackRock chief: ‘He offers hope to British politics’

Larry Fink, one of world’s most influential financiers, says Labour leader has ‘shown real strength’

The Independent UK

SEC emissions disclosure rule could come later than expected

Securities and Exchange Commission (SEC) spokesperson Mellissa Campbell Duru said last week the expected October release date for the commission’s emissions disclosure rule was a best estimate that could be inaccurate, according to a Bloomberg Law report. Campbell Duru also said the SEC—like BlackRock CEO Larry Fink and others in…

Ballotpedia

The trolling of corporate America

Even companies making mild gestures of social responsibility are getting slammed with boycotts and lawsuits. Their hollow do-gooder rhetoric hasn't helped.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

BlackRock's Larry Fink has called on leaders to inject more 'hope' into the economy to prevent a self-fulfilling recession

BlackRock's CEO and chairman, Larry Fink, believes a lack of hope could cause a recession.

Fortune

Walmart CSO says the trouble with ESG is it's 'become a boogeyman' but the Fortune 500 giant is 'addressing the things that matter'

Speaking at Fortune's Impact Initiative, GE's Roger Martella said, “We cover the topics that are part of ESG, but we don't really use those silos internally."

Fortune

BlackRock Called Out For ‘ESG Facade’ After Naming Saudi Aramco Chief To Board

The move raised several eyebrows across corporate and social media circles.

Zenger

Saudi Arabia has the most profitable company in the history of the world, and $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?

With its vast supply of oil money, the kingdom's flashy play for golf dominance is just the tip of the iceberg.

Fortune

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‘No poor person decides how they get photographed’

Cortona on the Move – an international festival of photography in Tuscany – features 26 exhibitions showcasing the work of documentary photographers. Here, artistic director Paolo Woods explains his theme

The Guardian - UK

BlackRock CEO Optimistic About Growing Demand For Cryptocurrencies Among Gold Investors

Larry Fink cites potential for crypto to transcend currency fluctuations and highlights broad-based global interest.

Zenger

Jeremy Siegel says we are in a 'Goldilocks economy' and the Fed doesn't need to raise interest rates anymore

“It’s a Goldilocks economy—strong economic growth and falling inflation,” the veteran market watcher told CNBC Friday.

Fortune

Financial Services Committee to hold four ESG hearings this week

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

Bitcoin hits 14-month high after BlackRock’s Larry Fink calls it an 'international asset' in TV interview

The cryptocurrency surpassed the 52-week high it hit just weeks ago.

Fortune

Larry Fink says ‘crypto is digitizing gold’ and that BlackRock’s Bitcoin ETF could help make the sector ‘more democratized’

The world’s largest asset manager filed an application with the SEC for a spot Bitcoin ETF in June.

Fortune

House Republican introduces bill opposing ESG in retirement funds

Ballotpedia

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Fortune

BlackRock CEO Larry Fink, who faced intense backlash for championing ESG, says he’s ‘ashamed’ the topic has become politicized

The billionaire CEO of the world’s largest asset manager said ESG has become politically “weaponized.”

Fortune

BlackRock's Larry Fink: A.I. will solve low productivity, high inflation

“A.I. has the huge potential to increase productivity,” BlackRock's CEO said on the company's investor day.

Tribune News Service

Commentary: California teaches Florida and Texas a lesson in ESG

Back in 2015 when California had the seventh-largest economy in the world, outperforming the rest of the US, economist Irena Asmundson attributed her native state's trajectory to a government increasingly in harmony with the diversity of its constituents. The cost of clean energy will “continue to fall” because of the…

Newsroom.co.nz

Stale corporate boards pushed to think deeper than the bottom line

More diverse boards are proven to lead to more successful and profitable organisations. And just possibly there will be younger people who care deeply about what the future will look like.

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news in one place.

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Fortune

‘Other things will break.’ Legendary investor Jeremy Grantham warns of more financial chaos and wants to see Powell ‘channel a little bit of Volcker’

Jeremy Grantham predicted the financial crisis in 2008. Now, he thinks the financial system could expect more chaos after the two banks failed in March.

Fortune

Weeks after his ‘big failure’ losing almost $2 billion on SVB, Sweden’s top pension fund chief sacked ‘with immediate effect’

Magnus Billing urged Alecta to “take actions based upon the lessons learned.” The action was his dismissal.

Chicago Sun-Times

Americans want to invest in a clean energy future

We want to put our money where our aspirations are. Opponents of this responsible approach to investing derisively label it “woke” because they know that term creates confusion and for some, fear. So it’s a perfect wedge to divide us.

The Conversation

No, BlackRock is not leading a Marxist assault on capitalism

Five years ago it would have been unimaginable, but today there is a global movement convinced the world’s largest corporations are engaging in stealth warfare to transform liberal democracies into neo-communist dictatorships.

Fortune

The bank collapses triggered by SVB have uncanny parallels to the savings and loan crisis of the 1980s

“The arithmetic behind it was timeless," George Ball of Sanders Morris Harris told Fortune.

Axios

BlackRock CEO Larry Fink walks tightrope on climate investing

In his annual letter, Fink places climate change as a somewhat lower priority than in year's past.

Fortune

BlackRock's Larry Fink sees the possibility of a broader banking crisis on the horizon: 'Are the dominoes starting to fall?'

Larry Fink, chief of the largest asset managers in the world, compared the SVB fallout to a "slow rolling crisis" similar to the Savings and Loan crisis.

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