1. Louisiana Divests from BlackRock over ESG policies: 'Would Destroy Louisiana’s Economy'

    Louisiana Divests from BlackRock over ESG policies: 'Would Destroy Louisiana’s Economy'

    Louisiana Treasurer John Schroder penned a letter to BlackRock CEO Larry Fink, explaining the state would liquidate all BlackRock investments within three months and, over a period of time, divest nearly $800 million from the bank's money market funds, mutual funds or exchange-traded funds. The state treasurer blasted Fink's pursuit of so-called environmental, social and governance (ESG) standards that promote green energy over traditional fossil fuels...

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