BlackRock Forges a New Bond With Big Oil

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Mr. Fink backed out of the kingdom’s Future Investment Initiative conference in 2018 after the murder of the Saudi dissident and journalist Jamal Khashoggi, but he returned the next year and has since defended doing business with the country. The Massachusetts Democrat called on the agency to examine potential “conflicts of interest, misappropriation of corporate assets” and more, citing reports about Elon Musk bringing over Tesla employees to work at Twitter after he bought the social network. As screenwriters and actors — including celebrities like Jason Sudeikis and Kevin Bacon — walked picket lines on Monday, media moguls are starting to sweat over the reality of a two-headed Hollywood strike. TV studios are continuing to introduce contingency plans for the fall: CBS became the latest on Monday, announcing a lineup composed of reruns of “Yellowstone” and reality and game shows. So this actually will have devastating effects, if it is not settled soon.” And the analyst Michael Nathanson of MoffettNathanson noted that American studios could suffer if platforms like Netflix turn to overseas content producers for new movies and shows.

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