1. Articles from New York Post

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    1. Larry Fink Shakes Big Bucks From Lefty Joe’s Environmental Social Governance

      Larry Fink Shakes Big Bucks From Lefty Joe’s Environmental Social Governance

      The revolving door between Washington and Wall Street always stirs passionate objections from progressive good-governance groups — except, it appears, when it involves corporate wokeism. For proof, all you need to do is unpack the Biden administration’s so-called Environmental Social Governance agenda and its ties to BlackRock , the world’s biggest money-management company headed by Larry Fink, which manages more than $9 trillion in assets...

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    2. Activist Hedge Fund Wants Macy’s to Mimic Rival Saks’ Online Strategy

      Activist Hedge Fund Wants Macy’s to Mimic Rival Saks’ Online Strategy

      An activist hedge fund that took a stake in Macy’s is is pushing the department-store giant to follow its upscale rival Saks Fifth Avenue’s online playbook, The Post has learned. In March, Saks separated its bricks-and-mortar business from its online division , with the latter becoming a new private company controlled by Saks whose value has exploded as demand for online luxury goods has boomed during the pandemic...

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    3. Activist Investor Elliott Management Takes a Stake in Toshiba

      Activist Investor Elliott Management Takes a Stake in Toshiba

      Hedge fund Elliott Management said it has built a stake in troubled Japanese industrial conglomerate Toshiba, which is undertaking a strategic review amid pressure from other shareholders. Elliott, one of the world’s most powerful activist investors, which oversees some $48 billion in assets, said in a statement to Reuters it is now a “significant” investor in Toshiba...

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    4. GE’s Immelt-Down: Harsh Light on in-the-Dark CEO’s Failure

      GE’s Immelt-Down: Harsh Light on in-the-Dark CEO’s Failure

      In March of 2017, Jeff Immelt was in his 16th year as CEO of General Electric and — at least in his head — he was remaking the iconic conglomerate into the very model of the modern industrial company. He was expanding the old — GE’s historic footprint in power and aviation — while embracing a new world of clean ­energy and software analytics...

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    5. Paul Singer’s Giant Hedge Fund is Leaving NYC for Florida

      Paul Singer’s Giant Hedge Fund is Leaving NYC for Florida

      Billionaire Paul Singer is about to become the latest snowbird of prey to fly out of New York City. The relentless activist investor — who lately has rattled cages at Twitter and AT&T, and who famously locked horns with the government of Argentina — is moving the headquarters of his $41 billion hedge fund Elliott Management to Florida...

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    6. Wells Fargo CEO: ‘Limited pool of black talent to recruit from’

      Wells Fargo CEO: ‘Limited pool of black talent to recruit from’

      Wells Fargo chief executive Charles Scharf exasperated some black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there was not enough qualified minority talent, two participants told Reuters. He also made the assertion in a company-wide memo June 18 that announced diversity initiatives as nationwide protests broke out following the death of George Floyd , an unarmed African American man, in police custody...

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    7. BlackRock ‘intrudes’ on Office Romances

      BlackRock ‘intrudes’ on Office Romances

      If you work for Larry Fink, he ­really wants to know who you’re hooking up with. Fink, the voluble chief executive of BlackRock — the world’s largest money manager — recently “updated” his company’s dating policy. In the past, employees were on notice to tell HR anytime they had a romantic relationship with another employee, an understandable but intrusive part of corporate life in the era of ­#MeToo...

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    1-24 of 76 1 2 3 4 »
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