The debate over ecological, social, and governance (ESG) investment criteria has reportedly made BlackRock CEO Larry Fink feel “ashamed,” as he claimed that the term is being “misused by the far-left and far-right.”
Read More BlackRock CEO discusses ESG controversy: ‘Misused by the far left and far right’Tag: company
Former Anheuser-Busch exec: Leftist investment firms pressure companies to go ‘woke’
An ex-executive at Anheuser-Busch claims that left-leaning investment firms frequently facilitate “woke” governance in major corporations even if it drives earnings into the ground, such as what has recently occurred at both Anheuser-Busch and Target.
Read More Former Anheuser-Busch exec: Leftist investment firms pressure companies to go ‘woke’Johnson & Johnson to pay $8.9 billion to settle claims that their talc baby powder caused cancer
The Johnson & Johnson (J&J) conglomerate is more than quadrupling the amount it had previously set aside to cover its potential liabilities by allocating $8.9 billion to address allegations that their talcum baby powder caused cancer.
Read More Johnson & Johnson to pay $8.9 billion to settle claims that their talc baby powder caused cancer