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Steve Mnuchin Dissed 181 Major CEOs in a New Battle Over the Future of Profits
Steve Mnuchin joined the ranks of those not happy with the Business Roundtable's revised statement on the “Purpose of a Corporation,” signed by 181 CEOs of major corporations. The Treasury Secretary said he would not have signed it.
- Region
- North America
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Viewpoint: Opportunity Zones: We’re Doing It Wrong
When we look at who will ultimately benefit from the wave of Opportunity Zone investments, the outcome is arguably more weighted towards the financial gain of investors, over the value add for community members.
- Categories
- Investing
- Region
- North America
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How a Trump Tax Break to Help Poor Communities Became a Windfall for the Rich
Many of the projects that will enjoy special tax status were underway long before the opportunity-zone provision was enacted. Financial institutions are boasting about the tax savings that await those who invest in real estate in affluent neighborhoods.
- Region
- North America
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Study: Investors Want ESG, but Advisors Are the Missing Link
“Financial professionals have a huge opportunity in front of them to proactively discuss ESG investing with clients,’ said Todd Hedtke, chief investment officer for Allianz Investment Management, in a statement. “It’s important to work with them to identify what issues are important and help them build their portfolio in a way that reflects their values.”
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Investors Embrace ESG Investing but Don’t Target Gun Stocks
Several large banks last year limited financing for gun makers and retailers, but the move had little impact on an industry whose many small manufacturers are able to tap other sources of credit.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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US Fund Managers Grapple With Socially Responsible Investing
Some firms looking to establish ESG protocols are trying to set strict quantification for guidelines and develop indices that rely on them.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Jamaica Wants To Expand Agriculture, But Agribusinesses Are Finding It Impossible to Access Capital
Due to limited access to financial markets and a lack of legally recognized ownership of land, female-led agribusinesses are even more financially vulnerable.
- Categories
- Agriculture, Finance
- Region
- North America
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Facebook Is Inviting Washington to Regulate Libra — Good Luck With That
By not being classified as a bank, Facebook is able to avoid some of the rules that other banks have to follow.
- Categories
- Finance, Technology
- Region
- North America