blackrock inc.

BLK

Close Chg Chg %
812.19 -7.02 -0.86%

Closed Market

805.17

-7.02 (0.86%)

Volume: 366.35K

Last Updated:

May 20, 2024, 3:59 PM EDT

Markets

Vanguard names BlackRock veteran as CEO: WSJ

Vanguard, the firm founded by John C. Bogle, may soon appoint the first outsider to be CEO in its 50-year history.

Politics

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.

Politics

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.

Economy

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.

Politics

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.

Politics

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.

Politics

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.

Politics

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.

Markets

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.

Economy

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.

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