The Securities and Exchange Commission is investigating Goldman Sachs’ asset management division over its ESG funds, according to people familiar with the matter quoted by The Wall Street Journal. The company manages at least four funds whose name includes the terms “clean energy” or “ESG”. The investigation could end without formal coercive action, the media said. This survey in the United States is the latest known example of the attention paid by regulators to ESG investments.
An FDA committee on Sunday said Pfizer and BioNTECH’s Covid vaccine for children under five was safe and effective. On Wednesday, a meeting organized by the FDA with outside experts will decide on the possibility of vaccinating the 18 million babies, toddlers and preschoolers in the country. Children under the age of 5 are the only group not yet eligible for vaccination against Covid-19 in the United States.
Revlon is preparing to file for Chapter 11 bankruptcy protection after years of battling excessive debt, fierce competition in the cosmetics industry and, more recently, inflation and pressures on the economy. supply chain, people familiar with the matter told the Wall Street Journal. A bankruptcy filing could end the control of Revlon by Ron Perelman, which his private equity firm bought in 1985.
This quarter has been very difficult, mainly due to supply chain and production issues in China, so we have to mobilize to get back on our feet! . This is what Elon Musk, the CEO of Tesla, would have written in an e-mail sent to his employees this weekend, according to information from the specialized site Electrek.
Last March, Tesla indicated that it was looking to achieve a new split of its title. In a regulatory document sent to the American stock market authorities, the firm of Elon Musk specified on Friday that it wanted to divide the nominal value of its action by 3. The date of the operation has not been specified. This project will be submitted to shareholders’ votes on August 4th. Tesla had already carried out such an operation in the summer of 2020 in order to make its action more accessible to employees and small investors.