BlackRock, State Street among asset managers closing ESG funds

BlackRock Inc. and other money managers spent years rolling out sustainable funds, seeking to capitalize on surging interest in ESG investing. Now they’re abandoning an increasing number of those products in the U.S. amid political backlash and investor scrutiny. State Street Corp., Columbia Threadneedle Investments, Janus Henderson Group and Hartford...

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Hollywood studios, writers near agreement to end strike, hope to finalize deal Thursday, sources say

Writers and producers are near an agreement to end the Writers Guild of America strike after meeting face-to-face on Wednesday, people close to the negotiations told CNBC's David Faber on Wednesday.The two sides met and hope to finalize a deal Thursday, the sources said. While optimistic, the people told...

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