US EditionBlackrock, State Street, Vanguard sued by Republican states over climate accords
- A federal lawsuit has been filed by 11 Republican attorneys general against BlackRock, Vanguard, and State Street for alleged antitrust violations related to coal supply.
- The lawsuit accuses these companies of pressuring coal firms to lower carbon emissions, which the states claim are anti-competitive practices.
- Nebraska Attorney General Mike Hilgers stated that the companies are accused of 'weaponizing' their shares, while State Street described the lawsuit as 'baseless.
21 Articles
21 Articles
Alabama AG, other Republicans sue investment firms over ‘woke’ climate action efforts • Alabama Reflector
The Lawrence Energy Center in Kansas burns coal for electric power. A federal lawsuit filed by 11 Republican attorneys general claims institutional investors BlackRock, Vanguard and State Street committed antitrust violations to lower supply and increase the cost of coal. (Jill Hummels/Kansas Reflector)This story originally appeared on Kansas Reflector. Major institutional investors have artificially lowered coal production and raised energy cos…
Investment Giant Vanguard Issues AI Warning
The chief economist of American asset management giant Vanguard has warned that market players betting “wildly” on the technology are risking a correction. According to the Financial Times, investor enthusiasm for AI equities in the [...] The post Investment Giant Vanguard Issues AI Warning appeared first on The People's Voice.
BlackRock, Vanguard, State Street Sued by Republican States Over Climate Push
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Hilgers, other GOP AGs sue BlackRock, other investment firms over ‘woke’ climate action efforts
Major institutional investors have artificially lowered coal production and raised energy costs for consumers in an effort to lower global carbon emissions, a federal lawsuit claims. Republican attorneys general in
Republican AGs sue BlackRock, other investment firms over ‘woke’ climate action efforts • West Virginia Watch
The Lawrence Energy Center in Kansas burns coal for electric power. A federal lawsuit filed by 11 Republican attorneys general claims institutional investors BlackRock, Vanguard and State Street committed antitrust violations to lower supply and increase the cost of coal. (Jill Hummels/Kansas Reflector)This story has been updated to add a comment from BlackRock. Major institutional investors have artificially lowered coal production and raised e…
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