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BlackRock admits CEO’s ESG activism focus could hit business

BlackRock CEO Larry Fink’s efforts to adopt “woke” environmental, social and governance policies, commonly known as ESG, could have a “material adverse impact” on the company’s core business The investment giant acknowledged this in a regulatory filing. “Risk factors” for BlackRock’s stock price include the fact that “BlackRock’s business, size, and investments have received significant […]

Joe Biden got $40K from China funds, brother James admits

WASHINGTON — His eldest son, James Biden, said in testimony in the impeachment inquiry that a $40,000 check written to former Vice President Joe Biden in 2017 was received by James from a Chinese government-linked company. While admitting that the funds had been spent, Mr James also revealed that until recently he had been earning […]

NYCB shares fall 28% as bank admits weak loan oversight, CEO change

New York Community Bancorp shares plunge as much as 28% in premarket trading on Friday after the community lender said it discovered “material weaknesses” in how it tracks loan risk and announced its CEO would step down. did. The New York-based company announced late Thursday that CEO Thomas Cangemi will step down after a 27-year […]

Janet Mello admits to stealing $108M from US Army to buy luxury homes and cars

A Texas “Gucci goddess” who stole millions of dollars from the U.S. military and splurged on luxury homes, cars and handbags pleaded guilty Wednesday to fraud and tax charges. Janet Yamanaka Mello is accused of defrauding the government of $108 million while working as a private finance program manager at Fort Sam Houston. Janet Yamanaka […]

Kiké Hernandez admits why he picked Dodgers over Yankees

TAMPA — It appears the Yankees are still on the market for a proven utility player to add to their bench. After signing a one-year, $4 million contract with the Dodgers on Monday, Quique Hernandez said Thursday that the Yankees are his other final choice. This also shows that the team is still trying to […]