'A Seismic Shift' for Big Oil: Activist Investors Score Surprise Win With ExxonMobil Board Seats

In a historic rebuke of fossil fuel giant ExxonMobil, shareholders on Wednesday voted to elect at least two people to the company’s board of directors who were backed by activist investors eager to accelerate the transition to clean energy. During Exxon’s annual shareholder meeting, an activist hedge fund called Engine No. 1—which “owns only about […]

Read More

Coalition Pressures Key Democrat Gregory Meeks to Back Resolution Blocking Arms Sale to Israel

A coalition of press freedom and human rights organizations on Friday implored Democratic Congressman Gregory Meeks—the chairman of the powerful House Foreign Affairs Committee—to support a resolution aimed at blocking the Biden administration’s proposed sale of $735 million in advanced U.S. weaponry to Israel. “The U.S. government should not be selling weapons to a government […]

Read More