Texas wind farms sue Citigroup over charges from winter storm
A Canadian renewable energy firm on Wednesday sued Citigroup Inc (NYSE:C) for rejecting force majeure declarations during a February winter storm and billing it over $100 million for replacement power, according to lawsuits filed in a Texas state court.
JPMorgan, Goldman Sachs, Delta earnings and Coinbase IPO top week ahead
Delta, JPMorgan and Goldman Sachs lead earnings reports in the week ahead, while investors will get a taste of Coinbase’s IPO, the first crypto company to go public.
BlackRock to launch internal investigation after latest round of executive conduct complaints
BlackRock hires law firm for internal review after latest executive conduct complaints
BlackRock to add bitcoin as eligible investment to two funds
The funds will invest only in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission
CEOs, business groups condemn Capitol Hill protests, violence and urge peace
Business leaders from Wall Street to Silicon Valley joined trade groups across the nation in calling for an end to the protests and violence on Capitol Hill.
Vanguard, BlackRock add new climate-focused ETFs as demand soars
The so-called ESG funds use environmental, social or governance criteria to pick investments
BlackRock ‘intrudes’ on office romances
BlackRock's "updated" dating policy is hard core.
BlackRock may never bring 100% of staff to office after coronavirus
BlackRock may only see 60% to 70% of workers return to the office, CEO Larry Fink said.
BlackRock assets reach $7.32T as crisis drives record investments
BlackRock reported a 22 percent jump in second-quarter profit.
BlackRock won't lay off employees due to coronavirus: CEO Larry Fink
The company will also pay full-time wages to support staff, such as cafeteria and maintenance workers, even if they cannot come to work.
Coronavirus airline relief to be run by these Wall Street firms
Three Wall St. firms will work with three law firms for coronavirus airline industry relief.
Economy to recover from coronavirus steadily: BlackRock CEO Larry Fink
Despite coronavirus, BlackRock's CEO is optimistic about the future of the economy.
Fed sets fee structure for BlackRock mortgage bond purchases
BlackRock will assist the Federal Reserve with its purchases of commercial mortgage-backed securities.
BlackRock's assets blow past $7T in milestone for investment giant
Money manager is facing public scrutiny over how it exercises its responsibility as a shareholder on behalf of its fund investors.
$7T asset manager BlackRock to drop coal producers in climate push
The firm wants to stop investing that money in companies that pose "climate risk," Blackrock CEO Larry Fink wrote.
Office 'love contracts' curb company risks, but aren't foolproof
Office relationships have been the topic of recent controversies as high-level execs at big companies have lost their jobs for their office romances.