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Anti-ESG concerns dog Vanguard as it rounds up fund board votes

Anti-ESG concerns dog Vanguard as it rounds up fund board votes

By Ross Kerber(Reuters) - A group of Republican U.S. state treasurers will withhold votes for Vanguard fund board nominees on concerns the slate is "tone-deaf" on sustainability matters, presenting a political hurdle for the top mutual fund manager as it looks to build turnout for a rare fund trustee election on Wednesday.The officials oversee just a small fraction of Vanguard's total assets of $1 ...

2025-02-27 04:31:08
Luigi Mangione, accused of US CEO murder, depicted in London mural

Luigi Mangione, accused of US CEO murder, depicted in London mural

LONDON (Reuters) - An unknown artist has created a public mural in London of Luigi Mangione, the man accused of shooting and killing a U.S. health insurance executive in New York last year.The large portrait of Mangione was spotted under a railway bridge in Bethnal Green, east London, depicting the 26-year-old in a green hoodie with his hair framed by an arch on the brick wall.It is unclear when e ...

2025-02-27 04:29:30
TJX forecasts annual sales growth, profit below estimates on muted consumer spending

TJX forecasts annual sales growth, profit below estimates on muted consumer spending

By Neil J Kanatt(Reuters) - Off-price retailer TJX (NYSE:TJX) Cos on Wednesday forecast annual comparable sales growth and profit below Wall Street estimates amid concerns of muted consumer spending, even as it beat expectations for the crucial holiday quarter.TJX's tepid forecast follows cautious annual projections from retailers, including behemoth Walmart (NYSE:WMT) and home improvement chains ...

2025-02-27 04:27:50
US examining whether UK's encryption demand on Apple broke data treaty

US examining whether UK's encryption demand on Apple broke data treaty

By Stephen Nellis(Reuters) -U.S. officials are examining whether the UK broke a bilateral agreement by reportedly demanding that Apple (NASDAQ:AAPL) build a "backdoor" allowing the British government to access backups of data in the company's encrypted cloud storage systems.Apple last week withdrew an encrypted storage feature for UK users, after reports that it had refused to create such a backdo ...

2025-02-27 04:26:07