NC Treasurer Answers NLPC; Will ‘Comply’ with Law on Ben & Jerry’s

North Carolina Treasurer Dale Folwell issued a press release on Friday in response to NLPC's Oct. 6th letter that requested "the immediate divestiture of Unilever holdings in all...

Walmart Exposed for Forcing Critical Race Theory on Executives, 1,000 Employees

The Manhattan Institute's Christopher Rufo has become the top watchdog and repository for information from whistleblowers about Corporate America's efforts to impose Critical...

Who’s Buying Hunter’s Art? NLPC’s Tom Anderson Offers a Possibility 10/12/21 America's Voice- Tom Anderson of the National Legal and Policy Center discusses the group's Complaint to the Inspector General of the Small...

Ben & Jerry’s Co-Founders Stumped When Asked About Anti-Israel Hypocrisy

The co-founders of Ben & Jerry's, Ben Cohen and Jerry Greenfield, no longer have anything to do with day-to-day management of the company they sold to Unilever over 20 years...

NLPC Files Complaint with SBA Inspector General

Following Sunday's report in the New York Post that the owner of the SoHo gallery that plans to feature and sell Hunter Biden's paintings received federal COVID aid upwards of...

Hunter Biden’s Art Dealer Has 2 Employees, But Got $580K in COVID Aid

Isabel Vincent reports today in the New York Post that the art gallery owner/dealer for rookie painter Hunter Biden, George Berges, received $500,000 from the Small Business...

JOHN STOSSEL: Why I Am Suing Facebook

Longtime reporter John Stossel, who now operates independently after having worked for all the major broadcast television networks, announced this week that he is suing Facebook....

McDonald’s CEO Bows to Green-Left; Gets Little Love in Return

McDonald's Corporation this week announced it would join the United Nations' meaningless "Race to Zero" program, which is intended to motivate businesses, organizations and...

Funds Emerge as Alternatives to Investing in ‘Woke’ Corporations

James Varney at the Washington Times reported last week that, in response to recent increased attention to corporations’ focus on “environmental, social and corporate” governance that focuses on “stakeholders,” alternatives have been created that remember a company’s main purpose: its shareholders.

Two new funds — the American Conservative Values ETF and the 2ndVote Advisers ETF — seek to exclude from their portfolios corporations that pursue political agendas, to the detriment of profits.

From Varney’s article:

The ETFs seek to influence not only the behavior of investors but also of company directors.

“I sometimes say this real slow when talking to professional economists, but we believe the companies that focus on their profits will be better investments than those that focus on social justice,” said Andy Puzder, a director of 2ndVote Advisers.

On Friday, the American Conservative Values ETF said it had dumped shares in several companies that have recently embraced critical race theory in seminars and training, according to investigative reports by Christopher Rufo, a senior fellow at the Manhattan Institute.

“Recent actions by Bank of America Corp., Lowe’s Co. Inc., American Express Co. and Nasdaq Inc. have caused considerable concern and outrage among politically conservative investors,” the American Conservative Values said in a statement, adding that it would encourage investors to boycott those companies.

William Flaig, CEO of the American Conservative Values ETF, said reports of left-wing-mandated training at those companies required the fund to dump shares during one of its rebalancing periods.

Both funds are beating the Standard & Poor’s 500 year-to-date average, according to the report.