On Our Radar

A curated collection of links to news, analysis, trends, ideas and views from elsewhere.

Impact Alpha: BlackRock just did one thing that changed the game for anyone who invests

Larry Fink, chief executive of BlackRock, which manages $6 trillion in investments, told business leaders that if they want to do business with BlackRock moving forward, they’re going to need to contribute to society in addition to making a profit. It’s an enormous step from one of the world’s most influential money managers.

International Business Times: Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

The Trump administration has waived part of the punishment for five megabanks. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire and has also been fined for its role in a Russian money laundering scheme.

NYT: How ‘Not in My Backyard’ became ‘Not in My Neighborhood’

The expectation that homeowners should be able to reach beyond their property lines has become deeply embedded. The new tax law has raised the possibility that homeownership may be losing some of its privileged status in American society, as the benefits of the mortgage interest and property tax deductions shrink.

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