BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
BlackRock, the world's biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm's pledge to accelerate investment in climate-friendly companies.
2023-07-19 01:24
Large Oil Spill Reported Near Site of Pemex Platform Blast in Gulf of Mexico
A large oil spill has been spotted in the Gulf of Mexico near the site of a deadly
2023-07-19 00:59
Healthy US consumers shrug off recession concerns, for now
By Nupur Anand NEW YORK U.S. consumers are still keeping up with their loan payments despite rising costs
2023-07-18 23:47
Meta opens AI model to commercial use, throwing nascent market into flux
By Katie Paul NEW YORK Meta is releasing a commercial version of its open-source artificial intelligence model Llama
2023-07-18 23:45
New York City pension chief urges pay clawbacks at Bank of America
By Ross Kerber New York City's top pension official has urged Bank of America's board to claw back
2023-07-18 23:16
US builder confidence hits highest level in over a year
By Safiyah Riddle U.S. home builder sentiment hit a 13-month high in July as limited housing stock continued
2023-07-18 22:25
Top economists urge bolder action on 'crisis of extreme inequality'
More than 230 economists and political leaders have called on the United Nations and the World Bank to do more to tackle the widening gap between the rich and poor around the world, a problem they say many governments are ignoring.
2023-07-18 20:26
Tesla directors will return $735 million to company to settle shareholder suit
Tesla directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court.
2023-07-18 19:15
BNY Mellon beats second-quarter profit estimates on higher rates
Bank of New York Mellon Corp beat Wall Street targets for second-quarter profit on Tuesday as the U.S.
2023-07-18 18:45
Grocery Price Inflation Drops at Fastest Rate Since Peak
Grocery price inflation has dropped at its sharpest rate since peaking earlier this year, in a sign that
2023-07-18 15:22
China Says It Can Get Through Summer Without Major Blackouts
China has sufficient electricity capacity to meet demand over the summer months even as temperatures soar, according to
2023-07-18 13:28
China's NDRC vows to roll out consumption support policies without delay
BEIJING China's top economic planner pledged on Tuesday that it would roll out policies to "restore and expand"
2023-07-18 12:17