Baxter Plans Divesting Renal Care Business Into Separate Public Company, Shares Fall

Baxter International Inc (NYSE: BAX) announced spinning off its Renal Care and Acute Therapies global business unit into an independent, publicly traded company. The new kidney care company will benef...

Fanatics is divesting its 60% stake in NFT company Candy Digital

Michael Rubin’s sports platform company Fanatics is divesting its 60% stake in NFT company Candy Digital, according to an internal email obtained by CNBC. Fanatics, who previously held the major...

Arizona divesting pension funds from BlackRock over ESG push

Arizona is forging ahead with its plan to divest its pension funds from BlackRock due to concerns over the massive investment firm’s push for environmental, social, and governance (ESG) policies...