Activists Crashed Exxon’s Board, but Forcing Change Will Be Hard

The tension between climate goals and lifting Exxon Mobil’s profits could make it difficult for activists to make progress.

#alternative-and-renewable-energy, #boards-of-directors, #carbon-capture-and-sequestration, #carbon-dioxide, #chevron-corporation, #executives-and-management-theory, #exxon-mobil-corp, #fink-laurence-d, #global-warming, #greenhouse-gas-emissions, #oil-petroleum-and-gasoline, #stocks-and-bonds, #woods-darren-w-1965

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Delta and Coca-Cola Reverse Course on Georgia Voting Law, Stating ‘Crystal Clear’ Opposition

Prominent Black executives had called on companies to publicly oppose a wave of similarly restrictive voting bills that Republicans are advancing in almost every state.

#bastian-edward-h, #black-people, #blackrock-inc, #chenault-kenneth-i, #coca-cola-company, #delta-air-lines-inc, #discrimination, #fink-laurence-d, #georgia, #law-and-legislation, #voter-fraud-election-fraud, #voter-registration-and-requirements, #walker-darren-1959

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BlackRock’s Larry Fink Sets a Bolder Climate Goal in Annual Letter

Larry Fink is using his firm’s huge influence to pressure companies to eliminate greenhouse gas emissions by 2050.

#blackrock-inc, #carbon-caps-and-emissions-trading-programs, #corporate-social-responsibility, #fink-laurence-d, #global-warming, #greenhouse-gas-emissions, #income-inequality, #stocks-and-bonds

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Business Leaders, Drawn Into Fray by Trump, May Step Back Under Biden

Since President Trump took office, corporate America has been thrust into the culture wars like never before. The atmosphere would probably be different with a Biden administration.

#biden-joseph-r-jr, #box-inc, #business-roundtable, #corporate-social-responsibility, #fink-laurence-d, #levie-aaron-w, #presidential-election-of-2020, #trump-donald-j

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C.E.O.s Pledge to Hire 100,000 Low-Income and Minority New Yorkers

A new nonprofit, the New York Jobs C.E.O. Council, will work with universities, the city and other groups to create new curriculums and apprenticeships over the next decade.

#city-university-of-new-york, #dimon-james, #fink-laurence-d, #labor-and-jobs, #mellow-gail-o, #minorities, #new-york-city, #nonprofit-organizations, #pichai-sundar, #unemployment

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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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Some Companies Seeking Bailouts Had Piles of Cash, Then Spent It

They poured the money into stock buybacks and dividends. Now, those hurting from the pandemic want government aid.

#american-airlines, #boeing-company, #buffett-warren-e, #business-roundtable, #coronavirus-aid-relief-and-economic-security-act-2020, #creed-greg, #davebusters-inc, #dimon-james, #fast-food-industry, #fink-laurence-d, #kentucky-fried-chicken, #mcdonalds-corporation, #papa-johns-international-inc, #restaurants, #stock-buybacks, #yum-brands-inc

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