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News & Updates
November 6, 2015 Exxon Mobil Investigated in New York Over Possible Lies on ClimateSource: NY Times
The New York attorney general has begun a sweeping investigation of Exxon Mobil to determine whether the company lied to the public about the risks of climate change or to investors about how those risks might hurt the oil...
November 5, 2015 The Executive Paycheck MythSource: NY Times
Pay-for-performance is the fundamental tenet of the American approach to executive compensation. While groups in Britain and Switzerland have proposed capping executive pay, investors and regulators in the United States are...
“Companies are well aware of the time, distraction and expense involved in defending against an activist proxy fight and many are looking for avenues to avoid those fights in a way that benefits both sides,”
November 5, 2015 Kraft Heinz to close 7 plants in US, Canada, cut 2,600 jobsSource: Seattle Times
IOWA CITY, Iowa— Kraft Heinz will close seven plants in the U.S. and Canada as part of a downsizing that will eliminate 2,600 jobs, or roughly 14 percent of its North American factory workforce, the newly merged food company...
November 5, 2015 Six ways VW’s CO2 scandal will impact EuropeSource: Politico
Volkswagen’s admission that its cars may emit more carbon dioxide than they are supposed to raises questions for the already reeling German carmaker, as well as the European auto industry, national and EU regulators, politicians,...
November 4, 2015 Chipotle now linked to 35 confirmed E. coli casesSource: Reuters
The number of confirmed E. Coli food poisoning cases linked to Chipotle Mexican Grill Inc (CMG.N) in Oregon and Washington state rose to 35 on Tuesday, as the company announced steps to improve food safety.
November 4, 2015 CFO Perks Didn’t Perk Up in 2014Source: CFO
According to research from Compensation Advisory Partners (CAP), the median value of CFO perks among Fortune 500 companies held steady at $24,900 in 2014. Back in 2012 that figure fell sharply to $21,400, compared with $36,200...
November 4, 2015 Holy Land Principles Appeal to Cisco Investors
CSR Wire - WASHINGTON, Nov. 03 /CSRwire/ - In the countdown to the Cisco Shareholder's Annual Meeting on November 19, investors are coming under increased appeals to vote for the resolution on the Holy Land Principles an 8-point...
November 4, 2015 Natural gas losing its shine as Asia holds faith in coal powerSource: Reuters
The shine is coming off once bright prospects for natural gas as the future fossil fuel of choice in Asia as power companies in India and Southeast Asia tap abundant and cheap domestic coal resources to generate electricity.
November 4, 2015 Volkswagen Shares Plummet After New Emissions BombshellSource: Fortune
Company’s shares shed another 10% after the company says it exaggerated the fuel efficiency of some diesel and gasoline models.
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