American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...

The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...

A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...

American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...

Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...

Defined contribution plans using environmental, social and governance principles have suffered a setback and could face more ...

Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policies ...

Judge Reed O’Connor of the United States District Court for the Northern District of Texas ruled, following a four-day ...

The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial ...

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its ...