Twitter executives may have lied to the court about fake accounts on the platform, according to screenshots posted online by Elon Musk just days after taking over the company. The finding suggests that Musk could take legal action against the fired Twitter executives and expose the types of manipulation and censorship that were taking place…
Musk Suggests Twitter Board Lied to Court; BlackRock’s ESG Agenda Begins to Crumble
November 1, 2022
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LIVE 10:30 AM ET: Musk Suggests Twitter Board Lied to Court; BlackRock’s ESG Agenda Begins to Crumble
November 1, 2022
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BlackRockboardCrossroadsElon MuskEpochTVESGfake accountsFeatured TopicsFraudinvestmentsLive VideosMuskplatformPolicies & ImpactsTwitterUSVideo
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Twitter executives may have lied to the court about fake accounts on the platform, according to screenshots posted online by Elon Musk just days after taking over the company. The finding suggests that Musk could take legal action against the fired Twitter executives and expose the types of manipulation and censorship that were taking place…
LIVE 11/1, at 10:30 AM ET: Musk Suggests Twitter Board Lied to Court; BlackRock’s ESG Agenda Begins to Crumble
October 31, 2022
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BlackRockboardCrossroadsElon MuskEpochTVESGfake accountsFeatured TopicsFraudinvestmentsLive VideosMuskplatformPolicies & ImpactsTwitterUSVideo
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Twitter executives may have lied to the court about fake accounts on the platform, according to screenshots posted online by Elon Musk just days after taking over the company. The finding suggests that Musk could take legal action against the fired Twitter executives and expose the types of manipulation and censorship that were taking place…
Blackrock-Backed Firm Wins Contract to Build ‘Super Battery’ in Australia’s Most Populous State
October 24, 2022
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AustraliabatteryBlackRockBusiness & MarketsCompaniesenergyESGInternationalMatt KeanNew South WalesUSUS NewsWaratah Super BatteryWorld
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BlackRock-backed battery storage company Akaysha Energy has been chosen to build a “Super Battery” in Australia’s most populous state New South Wales. Its partnership with the U.S. investment giant began in August after BlackRock invested A$1 billion (US$701 million) into the Melbourne-based energy firm. The firm already has nine projects underway across Australia, including the…
Missouri Latest State to Divest from BlackRock Over ‘Woke Political Agenda’
Missouri plans to remove $500 million of its pension fund investments from BlackRock, making it the latest state to divest from the giant asset manager in response to the company’s overt leftist agenda. Missouri’s State Treasurer Scott Fitzpatrick announced the plans on Oct. 18. The realignment followed Louisiana’s Oct. 5 announcement on its pending removal…
BlackRock Downgraded by UBS Over Growing ESG Investing Risks
BlackRock’s latest focus on the latest Wall Street craze—environmental, social, and governance (ESG) investing—has turned into a risky affair for the world’s largest asset manager, a UBS analyst recently stated. Brennan Hawken, an analyst at the bank, downgraded BlackRock’s stock from Buy to Neutral and slashed the stock price target from $700 to $585 over…
Republican-Led States Pull Over $1 Billion From BlackRock, Cite Concerns Over ESG Strategies
A string of Republican states have announced they are pulling out their investments in the world’s largest asset manager, BlackRock, due to concerns over the company’s move to embrace environmental, social, and governance (ESG) investment strategies. In an interview with the Financial Times, Curtis Loftis, South Carolina’s state treasurer, said he would pull $200 million from BlackRock…
BlackRock and the Government Unite to Force Transition to Electric Vehicles
California passed a law in August banning the sale of new gas-powered vehicles in 2035. Seventeen states, including Washington, New York, and Oregon, are expected to follow suit. The same month, President Joe Biden signed the Inflation Reduction Act into law. Despite its name, the bill is the most significant climate action bill in U.S. history…
Louisiana Dumps BlackRock Over ‘Crippling’ ESG Policies
October 6, 2022
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Louisiana has informed BlackRock that the state will be liquidating all investments in the corporation, blaming it for the promotion of politically driven green energy—under environmental, social and governance (ESG) standards—over fossil fuels critical to the state’s economy. “Your blatantly anti-fossil fuel policies would destroy Louisiana’s economy,” Treasurer John Schroder wrote (pdf), on Oct. 5,…
Anti-ESG Movement Gains Momentum
News Analysis Only a few years after declaring that “climate risk is investment risk” and mandating corporations to meet certain environmental standards, Larry Fink, chairman and CEO of BlackRock, is facing a growing resistance. Even the most ardent champions of sustainable investing are experiencing a rude awakening. Fink, who leads the world’s largest asset management…
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