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Nobody wants Russian assets for ‘few options’

  A common problem in environmental, social and governance investing is that if you own stock in a coal company, and you care about ESG, so you sell that coal company stock, you are sort of by definition selling it to someone who does not care as much about ESG. And then what? It is fairly straightforward to say “I ...

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Target gets top post-earnings pop since 2020 on forecast

Bloomberg Target Corp soared after unveiling a forecast for new profit gains on top of the pandemic-related boom that has already sparked robust growth. Operating profit will post a percentage increase in the low single digits this year, the retailer said, bucking Wall Street’s expectations that the closely watched number would decline. Target also predicted steady financial gains beyond 2022 ...

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United Airlines avoids using Russian airspace

Bloomberg United Airlines Holdings Inc will stop flying over Russia for its daily flights to India, becoming the last major US passenger carrier to withdraw from the airspace following the invasion of Ukraine. The airline expects short-term disruptions as it reroutes flights to Mumbai and New Delhi from its hubs in Chicago, Newark and San Francisco, spokeswoman Leslie Scott said. ...

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