BlackRock CEO Larry Fink says stakeholder capitalism is not 'woke'

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 11%
  • Publisher: 53%

Larry Fink, BlackRock founder and CEO, defended his push for corporate America to adopt more climate-friendly policies, arguing that stakeholder capitalism is about turning a profit – not being 'woke.'

United States Headlines News

United States Latest News, United States Headlines

BlackRock execs who worked with Deese question his qualifications to lead economic council: GasparinoLarry Fink, the founder and CEO of investment giant BlackRock, defended his push for corporate America to adopt more climate-friendly policies in the face of conservative criticism, arguing that stakeholder capitalism is about turning a profit – not being "woke.

Larry Fink, chief executive officer of BlackRock Inc., speaks during a Bloomberg Television interview in New York on April 19, 2017. In his letter two years ago, Fink told CEOs that climate change will be a "defining factor in companies' long-term prospects," warning that "we are on the edge of a fundamental reshaping of finance.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

USA Deaths-------Cases 877,240------68,767,004 from the Trump Virus CA--78,263----7,007,034 TX--77,733-----5,689,167 FL--63,455----5,201,030 NY--62,869----4,699,690 PA--38,655----2,487,925 IL---32,851-----2,682,983 GA--32,030----2,160,549 OH--31,245-----2,418,722

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlackRock CEO Larry Fink says stakeholder capitalism is not ‘woke’'Stakeholder capitalism is not about politics. It is not a social or ideological agenda. It is not 'woke,'' Fink said. You Suck + Ratio Yes it is, believing that you should have a voice when you are investing other peoples money, not even your own, it is pure woke capitalism. Power without putting even your own money in the line ... makes no sense. your going down hedgies AMCNOTLEAVING
Source: CNBC - 🏆 12. / 72 Read more »

BlackRock CEO Larry Fink to chief executives: Treat your workers wellThe influential BlackRock chief says it's a whole new work world. Why did no one think of this until now? Who?
Source: axios - 🏆 302. / 63 Read more »

BitMEX CEO, CFO to Buy One of Germany's Oldest BanksBXM Operations, a firm founded by BitMEX's CEO and CFO has agreed to buy 268-year old German private bank Bankhaus von der Heydt. By JamieCrawleyCD BitMEX JamieCrawleyCD Overstating the history of this bank a tad. In reality it is a financial institution with 16 employees that was formed in 2005 by buying the naming rights for a no-longer-operating entity from Commerzbank.
Source: CoinDesk - 🏆 291. / 63 Read more »

Penzeys Spices CEO declares MLK weekend 'Republicans are racists weekend'Penzeys Spices CEO Bill Penzey renamed the weekend celebrating Martin Luther King, Jr. as 'Republicans are racists weekend' in a promotion for his company. 😂😂😂 And I care about his opinion how again? Not an R or D, AND not a Penzeys customer anymore, either.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Cryptocurrency prices continue to fall because buying demand is absent: CEOBitcoin prices continued to tumble Tuesday, one day after stock and bond markets were closed in the U.S. for the Martin Luther King holiday Stay away from crypto, it is highly risky and too much fraudulent schemes use it Walk away
Source: FoxBusiness - 🏆 458. / 53 Read more »

How Volkswagen can reinvent itself as an EV company, with CEO Herbert DiessAfter Dieselgate, Volkswagen is all in on electric and software. In this week’s Decoder, reckless talks with Herbert_Diess about keeping Volkswagen ahead of its competitors and bringing back the groovy Microbus. Listen to their full conversation and subscribe here: I did nazi that coming I read that twice as 'When CEO Herbert dies.' I'm like why is he so against EVs that we have to wait for him to die to start pushing electric cars? 🤣🤣🤣
Source: verge - 🏆 94. / 67 Read more »