- Bloomberg
Exxon Investor Sued for Climate Proposal Promises to Back Off
(Bloomberg) -- The Exxon Mobil Corp. investor that the oil giant is suing for its climate-related shareholder proposal is promising not to file similar motions in the future in a bid to get the legal action dropped.Most Read from BloombergIsraeli Airstrike, Egyptian Guard’s Death Ratchet Up TensionsWall Street Moves to Fastest Settlement of Trades in a CenturyFor Private Credit's Top Talent, $1 Million a Year Is Not EnoughCatering to the Ultra-Rich Is a Booming Business in AustraliaMusk’s xAI Ra
- Zacks
ExxonMobil (XOM) Faces Opposition Over Climate Activist Lawsuit
ExxonMobil's (XOM) recent decision to file a legal action against investors pushing for more substantial measures to reduce greenhouse gas emissions sparks a reaction from several investors.
- Barrons.com
Chevron-Hess Deal Vote Is Looking Like a ‘Coin Toss’
The agreement Chevron signed last year to buy Hess for $53 billion was expected to transform the oil giant, giving it new assets in fast-growing regions of the world. Everything comes down to a Hess shareholder vote on Tuesday. “It’s trading as a coin toss,” said Roy Behren, co-chief investment officer of Westchester Capital Management, which owns 2.1 million Hess shares, worth about $315 million.
