How One Firm Drove Influence Campaigns Nationwide for Big Oil

FTI, a global consulting firm, helped design, staff and run organizations and websites funded by energy companies that can appear to represent grass-roots support for fossil-fuel initiatives.

#blackrock-inc, #environment, #exxon-mobil-corp, #fti-consulting-inc, #global-warming, #greenhouse-gas-emissions, #hydraulic-fracturing, #independent-petroleum-assn-of-america, #main-street-investors-coalition, #natural-gas, #oil-petroleum-and-gasoline

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More Workers Get Help in Building Rainy Day Savings

The pandemic has shown the need for a financial cushion. Now, some companies are offering programs that automatically deduct money from paychecks.

#blackrock-inc, #content-type-service, #coronavirus-2019-ncov, #employee-fringe-benefits, #personal-finances, #savings, #united-parcel-service-inc

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Finding the Right Path in an Up-and-Down Market

Does the latest twist herald the end of a bull run or the beginning of a shift toward long-neglected niches?

#american-express-company, #banking-and-financial-institutions, #blackrock-inc, #chegg-inc, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #credit-and-debt, #federal-reserve-system, #goldman-sachs-group-inc, #inflation-economics, #intercontinental-exchange-inc, #interest-rates, #lazard-llc, #leuthold-group, #medtronic-inc, #nasdaq-composite-index, #netflix-inc, #recession-and-depression, #roku, #standardpoors-500-stock-index, #stimulus-economic, #stocks-and-bonds, #trump-donald-j, #unemployment-insurance, #united-states-economy, #united-states-politics-and-government, #vanguard-group-inc

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Stakeholder Capitalism Gets a Report Card. It’s Not Good.

The pandemic and the movement for racial justice have tested corporate pledges to elevate social concerns alongside shareholder interests. A new study finds companies are failing to follow through.

#amazon-com-inc, #benioff-marc, #blackrock-inc, #boards-of-directors, #business-roundtable, #capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #corporate-social-responsibility, #corporations, #ford-foundation, #marriott-international-inc, #wages-and-salaries

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In Argentina’s Debt Negotiations, a Kinder, Gentler Capitalism Faces a Test

BlackRock, the world’s largest asset management company, is opposing a debt settlement deal with Argentina as the country grapples with soaring poverty and the pandemic.

#argentina, #blackrock-inc, #business-roundtable, #coronavirus-2019-ncov, #corporate-social-responsibility, #economic-conditions-and-trends, #fernandez-alberto-1959, #fink-laurence-d, #georgieva-kristalina-ivanova, #government-bonds, #gramercy-funds-management-llc, #international-monetary-fund, #macri-mauricio, #pensions-and-retirement-plans, #poverty, #stiglitz-joseph-e

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How Pimco’s Cayman-Based Hedge Fund Can Profit From the Fed’s Rescue

Congress said borrowers in taxpayer-backed rescue programs had to be from the United States. Wall Street has a workaround.

#blackrock-inc, #coronavirus-2019-ncov, #corporations, #credit-and-debt, #federal-reserve-system, #interest-rates, #pimco-pacific-investment-management-company, #stimulus-economic

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Your Climate Disaster Tax Bill Is Growing

The federal government’s spending on calamities related to global warming is a rapidly rising fiscal threat.

#blackrock-inc, #disasters-and-emergencies, #federal-emergency-management-agency, #federal-national-mortgage-assn-fannie-mae, #flood-insurance, #floods, #greenhouse-gas-emissions, #hurricanes-and-tropical-storms, #moodys-investors-service-inc, #national-debt-us, #national-flood-insurance-program, #national-oceanic-and-atmospheric-administration, #taxation, #united-states, #united-states-economy, #weather, #wildfires

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You Now Get Almost Nothing for Your Money, but It Could Be Worse

In this crisis, money is priceless, yet banks and money market funds will pay you close to zero in interest for years. That’s if everything turns out well.

#asset-allocation-personal-finances, #banking-and-financial-institutions, #blackrock-inc, #crane-peter-g, #credit-and-debt, #federal-deposit-insurance-corp, #federal-reserve-system, #fidelity-investments, #finances, #interest-rates, #money-market-accounts, #mutual-funds, #nonprofit-organizations, #pensions-and-retirement-plans, #prices-fares-fees-and-rates, #regulation-and-deregulation-of-industry, #stocks-and-bonds, #subprime-mortgage-crisis, #t-rowe-price-group-inc, #vanguard-group-inc

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Former Exxon Chief Lee Raymond Shouldn’t Be on JP Morgan Chase’s Board

Shareholders at JP Morgan Chase should block a former Exxon chief from another term on the bank’s board.

#banking-and-financial-institutions, #blackrock-inc, #dimon-james, #dinapoli-thomas-p, #exxon-mobil-corp, #global-warming, #jpmorgan-chasecompany, #new-york-city, #office-of-the-comptroller-nys, #oil-petroleum-and-gasoline, #raymond-lee-r-1938, #stringer-scott-m

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