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4 items- NEWSBarron's Weekend Stock Picks: GE, Meta And Turmoil At TeslaBenzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read. In "GE Just Released Its Final Annual Letter. CEO Larry Culp Looks Back, Reluctantly," Al Root writes that GE CEO Larry Culp reflected on the breakup of General Electric Co. (NYSE:GE) in the company's last annual letter, expressing optimism for the future of GE Aerospace and GE Vernova while citing past challenges like debt reduction. In "Meta Is Paying a Dividend. What History Says Happens to the Stock Next," Root says that Meta Platforms Inc's (NASDAQ:META) first-ever quarterly dividend of 50 cents, announced with a 20.3% stock surge, signals a shift in Big Tech's dividend appro
- NEWSStocks To Watch As The World Turns To The 2023 UN Climate Change Conference COP28A new report by the UN's Environment Program is shedding an unsettling new light on the current path of global warming. Released days before world leaders meet in Dubai for the COP28 summit, the report underscores that current pledges made by countries at the Paris Agreement are not enough to keep world temperatures below the desired 1.5°C (2.7°F) rise above pre-industrial levels. Also Read: ‘Beer Drinkers Will Definitely See Climate Change’: New Study Shows That Global Warming Will ‘Inevitably’ Change The Taste Of Beer By 2050 Nine days from now, leaders will meet in the United Arab Emirates city to begin sessions of the 2023 United Nations Climate Change Conference, where new agre
- NEWSBiden's ESG Rule, Termed 'Woke' By Republicans, Overturned By US Senate Bill; Biden To VetoThe U.S. Senate on Wednesday voted to adopt a resolution to overturn a Department of Labor rule which allows retirement plans to consider environmental, social and governance (ESG) investing when making investment decisions, according to multiple news outlets. What Happened: Republicans have been heavily critical of the President Joe Biden administration rule, saying it is part of a "woke" political agenda, although the rule merely gave retirement plans the ability to weigh ESG when making investment decisions as opposed to mandating the practice. Biden is expected to veto the bill, which will mark the first of such actions taken by the president during his term, according to Bloomberg. “
- PRCiti Issues Structured Investment linked to the iShares ESG Aware MSCI USA ETFNEW YORK--(BUSINESS WIRE)--Citi has issued a structured investment linked to the iShares ESG Aware MSCI USA ETF, which is an exchange-traded fund that seeks to track the performance of the MSCI USA Extended ESG Focus Index. The MSCI USA Extended ESG Focus Index is composed of U.S. companies that have positive environmental, social and governance characteristics, as determined by MSCI Inc. The Index attempts to exhibit risk and return characteristics similar to those of the MSCI USA Index. “This issuance was specifically tailored to investors who are looking for broad equity exposure through a structured investment, but who are keen to be associated with environmentally conscious