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Bosses sell hundreds of millions of dollars in company shares this quarter in sign that markets may be peaking
...In 2022, West Virginia led the way when it barred five financial firms, including JPMorgan, BlackRock and Goldman, from new state business, saying they were “boycotting” the fossil fuel industry....
...In January 2022, West Virginia treasurer Riley Moore, who manages the US state’s cash and financial dealings, became the first red-state official to pull money out of BlackRock....
...with knowledge of Tesla’s plans said it would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat in the west...
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
Endorsement is boost for billionaire activist’s struggling campaign at entertainment giant
Norway’s wealth fund and LGIM back resolution asking iPhone maker to outline risks associated with artificial intelligence
Bond will fund recycling projects in Ghana and Indonesia that generate offset credits
China has been way ahead of the west in seeing the dangers of raising a generation of zombies
...(Patrick Temple-West) Smart read I recommend Kenza Bryan’s article with our colleague Joe Daniels, reporting from Georgetown, Guyana, about the country’s carbon credits....
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
...It also axed its best selling Yeezy brand, after antisemitic comments by its business partner rapper Kanye West, and exited Russia. The UK’s listed universe of sportswear merchants is a small one....
Report for 2024 on engagement priorities drops reference to global warming
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...Finally, I can’t resist citing my FT Alphaville colleagues’ takedown of Liz Truss, Britain’s shortest-serving prime minister, whose new book argues that only ten years remains to save the west....
...Additional reporting by Patrick Temple-West in New York...
...Joni Mitchell never lies, though Kanye West disagrees....
Senior minister Benny Gantz’s White House visit lays bare growing tensions within Israel’s war cabinet
...West coast editor Richard Waters says the magnitude of the EU’s giant test in micromanagement is hard to overstate....
Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
Industry says it can help lower costs and enable faster development of electric vehicles in the US and Europe
...Under chair Gary Gensler, the SEC has taken an aggressive approach to crypto, an industry he has defined as a “Wild West”....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...Last year, Suzhou, a city west of Shanghai, set up a trading platform to “co-ordinate the city’s computing resources”, according to its website....
...The outflows started in 2022 after West Virginia state treasurer Riley Moore included BlackRock on the nation’s first list of financial firms deemed to boycott fossil fuel companies....
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