Nov 1, 2018

BlackRock CEO: Still doing business in Saudi Arabia

BlackRock CEO Larry Fink at the 2015 DealBook conference. Photo: Neilson Barnard/Getty Images for New York Times.

Speaking at the New York Times DealBook conference on Thursday, BlackRock CEO Larry Fink said the company's decision to pull out of Saudi Arabia's Future Investment Initiative summit hasn't cost BlackRock any business in the country.

I am sure what I'm saying may not be approved by some people, but our future business with [Saudi Arabia] is something that I'm not ashamed of.
— Larry Fink, BlackRock CEO

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Updated 34 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

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  5. 2020: Trump courts Asian American vote amid coronavirus.
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Trump's big, empty beef with Twitter

Illustration: Aïda Amer/Axios

President Trump finally acted on his now year-old threat to take action against social media platforms for alleged bias against conservatives. But so far, according to experts in both government and the industry, the threat looks mostly empty.

Driving the news: Trump escalated his war on Twitter Friday morning, tweeting repeatedly that the company needs to be regulated after it overnight added a warning label to a tweet of his calling for the military to start shooting looters, which violated Twitter’s rules against glorifying violence.

In photos: Protests over George Floyd's death grip Minneapolis

The Third Police Precinct burns in Minneapolis on Thursday night. Photo: Stephen Maturen/Getty Images

Demonstrators demanding justice burned a Minneapolis police station and took control of the streets around it last night, heaving wood onto the flames, kicking down poles with surveillance cameras and torching surrounding stores.

What's happening: The crowd was protesting the death of George Floyd, an unarmed black man whose life was snuffed out Tuesday by a white Minneapolis police officer who kneeled on his neck for about eight minutes.