Wisconsin Law Firm Sues Biden Administration over Woke ESG Investing Policies

The Biden administration’s woke Environmental, Social and Corporate Governance (ESG) policies are putting politics ahead of people and hurting retirees savings, a federal lawsuit filed Tuesday alleges.

The complaint, filed by the Wisconsin Institute for Law & Liberty (WILL) on behalf of two Waukesha County residents, seeks a temporary restraining order prohibiting the U.S. Department of Labor from implementing its controversial ESG rule, pending the resolution of the lawsuit. Ultimately, the suit seems a declamatory judgment that the rule violates federal law on administrative powers.

Read More

BlackRock Scrambles to Clarify Stance on Climate-Focused Investing

The world’s largest asset manager, BlackRock, responded to more than a dozen Republican attorneys general explaining its approach to environmental, social and corporate governance (ESG) investing after the attorneys general alleged that the company is violating its fiduciary duties, according to a company letter.

Read More

Apple CEO Tim Cook Made Nearly $100 Million in 2021

Apple chief executive Tim Cook made nearly $100 million in compensation in the company’s fiscal year, according to SEC filings published Thursday.

SEC filings show that Cook took home $98.73 million in the 2021 fiscal year, more than 500% more than the previous year’s $14.8 million, The Wall Street Journal reported.

Cook’s $3 million base salary remained stable in 2021, but he received a $12 million bonus for hitting Apple’s financial and environmental sustainability goals, $1.39 million in other compensation and $82.35 million in stock awards.

Read More