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BlackRock, other funds clash with Republican states over evidence in climate-investing case

(Reuters) -A lawyer for BlackRock said on Monday that Republican states' claim that asset managers violated antitrust law through their work with industry climate groups was not "plausible," as several firms pressed to have the case dismissed. But a lawyer for the states, which include Texas and 12 others, told the U.S. District Judge Jeremy Kernodle that even calling attention to environmental matters, such as by signing on to industry agreements, could have an impact. BlackRock, the world's largest asset manager, Vanguard and State Street are seeking to dismiss the claims in the closely watched antitrust case.

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Oil Edges Up as Traders Await Outcome of US-China Trade Talks

(Bloomberg) -- Oil extended last week’s gain as a renewed round of US-China trade talks offered the potential for reduced global tensions.Most Read from BloombergNext Stop: Rancho Cucamonga!Where Public Transit Systems Are Bouncing Back Around the WorldTrump Said He Fired the National Portrait Gallery Director. She’s Still There.US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnSenator Calls for Closing Troubled ICE Detention Facility in New MexicoWest Texas Intermediate futur

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Tata Motors plans $4.1 billion investment in new models, EV production

Investing.com -- Tata Motors (NYSE:TTM), India’s leading electric vehicle manufacturer, has announced plans to invest up to 350 billion rupees ($4.1 billion) over the next five years, according to the company’s latest investor day presentation released on Monday. The investment is aimed at strengthening its position as the top electric vehicle maker in the country, amidst growing competition and a nationwide push towards the adoption of clean vehicles.

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Can Nike Stock Double a $1,000 Investment in 5 Years?

Nike’s focus on its direct-to-consumer channels helped drive greater interest in competitors' offerings. The new CEO wants to lean on Nike’s powerful brand while reigniting product innovation. The leader in athletic footwear and apparel has a storied history, to be sure.

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