A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its ...

American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...

The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...

A federal judge struck another legal blow against ESG, ruling that non-financial decisions made in 401(K) accounts were ...

The company’s retirement plan was found to favor socially conscious goals over financial returns.

This was the first challenge to a DC plan sponsor’s use of environmental, social and governance principles, and the judge’s ...

NR has reached out to American Airlines for comment. BlackRock routinely points to high returns on its ESG products and its ...

U.S. district judge rules American Airlines violated retirement investment laws by prioritizing socio-political outcomes over ...

The presiding judge found the airline breached its fiduciary duty under federal law by prioritizing non-financial ...

A federal district court in Texas found that American Airlines prioritized ESG investment goals ahead of employees’ financial ...

A Texas district judge has ruled that American Airlines broke federal laws and let down employees who invested in the company ...

Delta Air Lines said on Friday it expects 2025 to be the most profitable year in the company's 100-year history, thanks to ...