Tag: BDO

Virginia Joins State Attorneys General to Challenge Financial Service Providers ESG Alliance

The Center Square

Twenty-three attorneys general, most recently including Virginia’s Jason Miyares, have banded together to challenge the Net Zero Financial Service Providers Alliance’s (NZFSPA) commitment to a net-zero future by 2050, saying that the alliance may violate state and federal antitrust and consumer protection laws. 

The alliance is a global group of 21 heavy-hitting financial services corporations, including BDO, Bloomberg, the Big Four and S&P Global, that have jointly committed to operating by the terms of the Paris Agreement and achieving its goals. 

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Retail Sales Beat Expectations Amid Surging Inflation

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Woman shopping in a department store

U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported Friday.

Retail sales increased 0.7% in September, beating experts’ estimates of 0.2%, according to the Census Bureau report.  The number rose 0.8%, excluding auto sales, beating the 0.5% forecast.

Sales were up 13.9% compared to September 2020, and they increased 15.6% compared to September 2020, excluding auto sales, according to the Census Bureau.

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