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 ...

BofA upgraded American Airlines (AAL) to Neutral from Underperform with a $20 price target Stay Ahead of the Market:Discover outperforming ...

ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...

AdvisorNet Financial Inc lessened its holdings in iShares ESG Aware MSCI USA Small-Cap ETF (BATS:ESML – Free Report) by 37.2% in the 4th quarter, Holdings Channel reports. The firm owned 5,283 shares ...

Large parts of the world want access to the things we take for granted, and that means large amounts of reliable and ...

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...

I’ll confess that I didn’t want a second of Joe Biden’s self-congratulatory farewell speech last night. I was busy watching ...

Attempts to mandate diversity and inclusion in companies when it is already second nature to most Australians can appear ...