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Activist hedge fund wins Exxon board seats in seismic day for big oil : CityAM - Vimarsana News

Activist hedge fund wins Exxon board seats in seismic day for big oil : CityAM

The oil industry was rocked today as hedge fund minnow Engine No. 1 saw two of its nominees elected to behemoth Exxon Mobil's famously insular board.

Source: cityam.com
Exxon loses board seats to activist hedge fund in blow to oil giant's strategy - Vimarsana News

Exxon loses board seats to activist hedge fund in blow to oil giant's strategy

A tiny hedge fund won a seismic victory over Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's business strategy and growth plans.

To reduce costs, Ala Wai Canal flood prevention project to be reassessed yet again - Vimarsana News

To reduce costs, Ala Wai Canal flood prevention project to be reassessed yet again

To reduce costs, Ala Wai Canal flood prevention project to be reassessed yet again Ala Wai Canal (Image: Hawaii News Now) (Source: Hawaii News Now) By HNN Staff | May 13, 2021 at 10:01 PM HST - Updated May 13 at 10:01 PM HONOLULU, Hawaii (HawaiiNewsNow) - The US Army Corps of Engineers proposed a general reevaluation of the Ala Wai Canal Flood Risk Management project in order to reduce costs. The plan to protect Waikiki from severe flooding has gone through numerous revisions. Honolulu District commander and engineer, Lt. Col. Eric Marshall, said that although the current design met qu...

Analysis: Buffett's ESG snub risks alienating Wall Street - Vimarsana News

Analysis: Buffett's ESG snub risks alienating Wall Street

Sustainable BusinessAnalysis: Buffett’s ESG snub risks alienating Wall Street Jessica DinapoliRoss KerberJonathan Stempel 4 minute read Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018. REUTERS/Rick Wilking Berkshire Hathaway Inc (BRKa.N) shareholders can accept Chairman Warren Buffett’s hostility to bitcoin, blank-check acquisition firms and wild bets on trading app Robinhood. But when it comes to environmental, social and corporate governance (ESG) standards, many are drawin...

Buffett's ESG snub risks alienating Wall Street - Vimarsana News

Buffett's ESG snub risks alienating Wall Street

Berkshire Hathaway Inc shareholders can accept Chairman Warren Buffett's hostility to bitcoin, blank-check acquisition firms and wild bets on trading app Robinhood. Buffett and his board opposed two shareholder resolutions at Berkshire Hathaway's annual shareholder meeting last week that called for annual reports on how its companies are responding to the challenge of climate change, as well as reports on diversity and inclusion in the workplace.

Source: yahoo.com