Exxon Mobil is introducing a unique shareholder voting mechanism that will allow retail investors to automatically cast ballots in step with board recommendations during annual meetings, a move that may help the top U.S. oil producer fend off activist campaigns.

With U.S. President Donald Trump railing against corporate diversity, equity and inclusion (DEI) efforts and axing government ones, it may come as no surprise that U.S. companies are reporting fewer race and gender details about their directors.

When fund manager State Street installed the bronze statue known as "Fearless Girl" in 2017 to stare down Wall Street's massive "Charging Bull" sculpture, it was hailed as a breakthrough moment in financial messaging.

State Street's asset management unit on Friday dropped targets for the number of women and minority directors who should serve on corporate boards, according to new proxy voting guidance posted on its website.

The Trump White House on Wednesday sent termination notices to at least some U.S. Attorneys around the country who had been appointed by Democratic President Joe Biden, according to an excerpt of the email reviewed by Reuters.

Yesterday I called up New York City Comptroller Brad Lander for his take, as an activist investor, on a move by Institutional Shareholder Services to end diversity considerations in its boardroom recommendations.

Top proxy adviser Institutional Shareholder Services said on Tuesday it will no longer consider the gender, racial or ethnic diversity of U.S. company boards when making its voting recommendations.

Top mutual fund manager Vanguard removed some of its guidance for U.S. companies to include women and minority directors, a sign of the shifting dynamics of corporate diversity efforts that have come under attack from the new Trump administration.

Costco Wholesale shareholders voted against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, against the backdrop of intense scrutiny of such policies.

While leaders from the White House to Wall Street order workers back into their offices, one Boston CEO uses carrots rather than sticks to lure his employees to work.

Republican-led Tennessee and asset manager BlackRock settled a dispute over the company's use of ESG factors in its investment decisions, according to a statement by the state's Attorney General Jonathan Skrmetti on Friday.

Big investors are about to weigh in on corporate diversity, equity & inclusion efforts. Many of their U.S. portfolio companies are in retreat mode from the DEI values they embraced in 2020 during the Black Lives Matter movement, as executives now worry about attacks from conservative influencers and Republicans holding power in Washington.

Los Angeles-based asset management firms overseeing more than $4 trillion in assets are grappling with the impact of the region's destructive wildfires on their operations, with some relocating office space and supporting staff members who have lost their homes.

A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock , the world's biggest investor, left amid a political backlash in the United States.

Executives' concerns for environmental, social and governance (ESG) factors seems in retreat by many measures. Banks have withdrawn from climate groups, companies are toning down diversity efforts, and boardroom demographics get a lower priority in director searches.

UnitedHealth Group shareholders on Wednesday said they requested the company prepare a report on the costs and public health impact related to its "practices that limit or delay access to healthcare."

A former FBI informant who admitted to lying about U.S. President Joe Biden and his son Hunter Biden’s interactions with a Ukrainian energy company was sentenced to six years in prison on Wednesday, court records showed.

A 2014 Free Press survey found Michigan was one of only two states where both the governor and the Legislature were exempt from open records laws.

The Republican-led U.S. House of Representatives Judiciary Committee is seeking information from some 60 U.S. asset managers about their involvement with an investor climate group, adding pressure against environmental efforts by large investors.

We already knew that BlackRock's global customer base brings it conflicting pressures from clients, but developments in the past week drive home the point for the world's top asset manager.