DIRS.INFO The most relevant business & tech news

☆ Florida allies back down on $5 million in state funds for Trump's legal bills after DeSantis threatens to veto
▼ + stars: | 2024-01-23 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewOne of Florida's highest-profile billionaires will no longer get state funds to help pay his legal fees, as a newly proposed bill from his allies unraveled on Monday. In 2022, the state spent $13.015 million in matching funds given out to candidates, including Gov. The new bill would modify the existing restrictions on releasing state funds to eligible presidential candidates who live in Florida. AdvertisementPayments for candidates' legal fees through the fund would be replenished by voluntary taxpayer donations collected through driver's license registrations. He claimed late last year that he has racked up $100 million in legal fees, The Hill reported.

Persons: —, unraveled, Donald Trump, Florida State Sen, Ileana Garcia, Jimmy Patronis —, Trump, DeSantis, Ron DeSantis, kkc2yyqVK0, Garcia, @JimmyPatronis, Patronis, wieqYQ8Woq — Ileana Garcia, We've, — Donald Trump, that's Organizations: Service, Business, Fighters, state's Department of Financial Services, Florida State, Florida's, Bloomberg, Trump, Florida Republican, Fighters Fund, Free, Sunshine State, White, Gov, Department of Financial Services, Forbes Locations: Florida, New York, Washington, Atlanta, Free State of Florida, Citrus County

☆ Florida CFO Jimmy Patronis on Hurricane Idalia and the state's insurance crisis
▼ + stars: | 2023-08-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFlorida CFO Jimmy Patronis on Hurricane Idalia and the state's insurance crisisJimmy Patronis, Chief Financial Officer for the state of Florida, joins 'Squawk Box' to discuss the latest Hurricane Idalia updates, the state's insurance crisis, and more.

Persons: Jimmy Patronis, Idalia Locations: Florida

☆ BlackRock names Saudi Aramco CEO Amin Nasser to board
▼ + stars: | 2023-07-17 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Amin H. Nasser, president and CEO of Saudi Aramco, speaks during a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. BlackRock said Monday that Amin Nasser, the CEO of Saudi Aramco, the world's largest oil company, is joining the asset manager's board of directors. The world's largest asset manager said the move reflects the firm's emphasis on the Middle East as part of its long-term strategy. In August 2022, Texas Comptroller Glenn Hegar targeted BlackRock, putting the asset manager on a list of financial companies that "boycott energy companies." "It's got nothing to do with maximizing returns and is the opposite of what an asset manager is paid to do."

Persons: Amin H, Nasser, Amin Nasser, Amin's, Larry Fink, Fink, Glenn Hegar, Jimmy Patronis, It's Organizations: Plaza Conference, BlackRock, Saudi Aramco, Aramco, BlackRock Board, Republicans Locations: Saudi Aramco, Dhahran, Saudi Arabia, Saudi, East, BlackRock, Texas, Florida

☆ Vivek Ramaswamy's firm courts GOP officials as he pushes businesses to stay out of politics
▼ + stars: | 2023-05-12 | by ( Brian Schwartz | ) www.cnbc.com time to read: +14 min

Scott Olson | Getty ImagesRepublican presidential hopeful Vivek Ramaswamy built his White House bid around urging companies to stay out of politics. The messages show Ramaswamy's firm actively engaged with GOP state leaders who have defended the fossil fuel industry and criticized environmentally conscious investment standards. Ramaswamy on Thursday defended the firm's engagement with GOP officials, saying bigger firms BlackRock, Vanguard and State Street have conducted similar practices with state officials across the country. Strive has become one of the more vocal opponents of ESG investing and has gained enough notoriety to challenge the likes of fossil fuel giant ExxonMobil . Ron DeSantis, have often attacked ESG investing standards and corporations that support social causes — an increasingly common refrain within the GOP.

☆ BlackRock Communications Specialists Exit As Fink Scrutiny Mounts
▼ + stars: | 2023-03-29 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +7 min

At least nine people have left or are transitioning out of BlackRock's communications group. The corporate communications team has some 90 employees globally, up from 48 in 2019, a BlackRock spokesperson said. "We're fortunate the BlackRock communications team includes some of the most talented professionals in the industry and that we have continued to attract top talent as the team has grown in recent years," Badenhausen said in a statement to Insider. Jonathan Posen, a veteran speechwriter who worked as former Treasury Secretary Tim Geithner's chief writer on the financial crisis and other economic matters, joined BlackRock's communications group in 2013. The criticism reached new heights in 2022 as Republican state officials coordinated attacks on Fink and BlackRock and some pulled their investments.

☆ How Trump allies and wealthy donors helped to fuel the GOP fight against ESG investing platforms
▼ + stars: | 2023-03-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +8 min

The conference was organized by the conservative leaning State Financial Officers Foundation, a tax exempt 501(c)(3) nonprofit group that does not publicly disclose its donors. Members of the State Financial Officers Foundations are all powerful state Republican officials, many of whom have scrutinized ESG practices or pulled back billions of dollars from investing firms. A representative for the State Financial Officers Foundation did not return a request for comment. Some of those organizations participated in a similar State Financial Officers Foundation gathering in Washington D.C. in November 2022, according to an agenda. One of the organizations that attended last February is the 1792 Exchange, a nonprofit sponsor of the State Financial Officers Foundation.

☆ Here's why Florida pulled $2 billion out of Blackrock's ESG fund
▼ + stars: | 2023-02-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Florida pulled $2 billion out of Blackrock's ESG fundJimmy Patronis, Florida CFO, joins 'Squawk Box' to discuss the growing anti-ESG movement, how much money the state pulled from the Blackrock investment and more.

☆ DeSantis casts himself as a national leader at his inauguration amid 2024 speculation, promising Florida will 'carry the torch' of freedom and fight 'woke'
▼ + stars: | 2023-01-03 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

Florida Gov. The Florida inauguration offered a split screen from the national conversation back in Washington, DC, where Republicans performed poorly in the midterms. Florida Gov. Zackary Atkins hangs a street sign with the name of Florida Gov. Retired broadcaster Gene Deckerhoff, who was the voice of the Florida State Seminoles for 43 years, was the MC for the event.

☆ Republicans went after BlackRock and sustainable investing in 2022. Meet 12 officials crusading against 'woke capitalism.'
▼ + stars: | 2022-12-28 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +14 min

A group of vocal conservative officials are criticizing aspects of ESG investing. Players in the ESG ecosystem, like S&P Global and BlackRock, the world's largest money manager and an influential proponent of ESG investing, are often the subject of their critiques. Instead, officials often paint large financial firms' ESG strategies as functions of left-leaning agendas. Here are key GOP players who are taking aim at ESG investing. Abbott, who is seeking reelection in November, was early to denouncing ESG investing.

☆ One of the best bets in real estate is no longer a sure thing
▼ + stars: | 2022-12-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

The sure thing that's no longer a sure thing. But the shine is starting to come off what is considered one of the safest, and smartest, bets in real estate. The two largest single-family rental REITs — Invitation Homes and American Homes for Rent — have recently seen their ratings downgraded by Wall Street analysts, Insider's Alex Nicoll reports. More on the potential deal, which also might have participation from a former Wall Street CEO. If you want to leave Wall Street but don't know where to start, read this.

☆ Florida pulls $2 bln from BlackRock in largest anti-ESG divestment
▼ + stars: | 2022-12-01 | by ( Ross Kerber | ) www.reuters.com time to read: +2 min

This will allow them to hold hearings on ESG and grill the chief executives of BlackRock and other major assets managers about their ESG policies, and also pressure regulators to scrutinize them. Patronis accused BlackRock of focusing on ESG rather than higher returns for investors. U.S. Democratic officials have argued BlackRock doesn't press ESG concerns enough. read moreSo far, only Republican-controlled states have made major reallocations away from BlackRock, including $794 million pulled by Louisiana's treasurer read more and $500 million by Missouri's treasurer, both in October. Reporting by Ross Kerber in New York; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Meet 12 Republican officials crusading against BlackRock and ESG investing
▼ + stars: | 2022-12-01 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +14 min

☆ Florida's attorney general says Americans from blue states are moving to the Sunshine State because it's tough on crime: 'It's not rocket science'
▼ + stars: | 2022-11-28 | by ( Isabella Zavarise | ) www.businessinsider.com time to read: +3 min

Florida AG Ashley Moody says Americans are moving to Florida because it's a law and order state. Americans have flocked to the Sunshine State largely due to its low taxes, and business-friendly policies, according to the state's CFO, Jimmy Patronis. Using data from the FBI's 2018 Uniform Crime Reporting Program, USA Today ranked states from lowest violent crime rate to highest. Florida ranked 21st with a violent crime rate of 384.9 per 100,000 people, while California — the most populous state — ranked 14th with a violent crime rate of 447.4 per 100,000 people, according to the news outlet. New York was 25th on the list with a violent crime rate of 350.5 per 100,000 people.

☆ Ron DeSantis violated state spending law when he spent Florida dollars to fly Venezuelan migrants to Martha's Vineyard, a new lawsuit says
▼ + stars: | 2022-09-23 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

The lawsuit accuses DeSantis of improperly using state funds by picking up migrants in Texas. Last year, the federal government sent 80 flights carrying migrants into Florida, according to Politico. The latest lawsuit, spanning 15 pages, was filed in state court in Leon County, where the state capital of Tallahassee is located. Pizzo filed the lawsuit in his personal capacity as a Florida resident. Pizzo filed his lawsuit against DeSantis, Chief Financial Officer Jimmy Patronis, and Department of Transportation Secretary Jared Perdue.

☆ Everyone talks about all the people moving to Florida. But high prices, hot weather, and shattered expectations are pushing residents out, too.
▼ + stars: | 2022-07-13 | by ( Jordan Pandy | Madison Hoff | ) www.businessinsider.com time to read: +7 min

Florida was the top 2021 destination for movers, with 221,000 more US residents moving in than out. The leavers say the high cost of living, including skyrocketing insurance prices, is a big factor. Take car insurance: Lovelace, a private investigator who uses her car regularly for work, paid $430 a month. The state's chief financial officer, Jimmy Patronis, said in May 2021 that 900 people a day were moving to Florida. A study by Joblist that compared wages to cost of living ranked Florida last out of all 50 states in affordability.

Search resuls for: "Patronis"

15 mentions found