(k) plans run by money management firms that incorporate environmental, social, and governance (ESG) factors in their investment decisions are under attack.

BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.

Last week, U.S. District Judge Reed O'Connor ruled that American airlines had breached the law by making investment decisions for its employee retirement plans based on non-financial factors like ESG.

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

A federal court held American Airlines liable for their mismanagement of employee retirement funds toward Environmental, ...

A major annual air finance gathering largely skirted round the topic of sustainability this week - a rare departure from the ...

Analysts on Wall Street project that American Airlines (AAL) will announce quarterly earnings of $0.64 per share in its forthcoming report, representing an increase of 120.7% year over year. Revenues ...