A major legal victory over woke investment

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A major legal victory over woke investment

A federal judge in Texas granted a victory Friday to American Airlines pilots suing the company for sacrificing the profitability of their 401(k) fund to pursue liberal causes.It’s a potentially major blow in a long battle against political investing, called ESG (or environmental, social, and governance). And it paves the way for battles against BlackRock and other globe-dominating businesses that funnel trillions of Americans’ retirement and in…