Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products.
U.S. Judge Denies States’ Bid to Block Biden Rule on E.S.G.

U.S. Judge Denies States’ Bid to Block Biden Rule on E.S.G.

Republican-led states accused the Labor Department of violating a federal law covering retirement plans, part of a battle that goes back several years.