Help power Marketplace this winter when you support the show today. Donate Now!
The little engine that did … shake up the Exxon boardroom
May 27, 2021

The little engine that did … shake up the Exxon boardroom

HTML EMBED:
COPY
Activist hedge fund Engine No. 1, pushing for a change in Exxon Mobil's climate strategy, got enough support from other shareholders to win at least two seats on the oil and gas company's board. These types of challenges from activist investors tend not to get far. Plus, for the first time since President Joe Biden took office, the top trade representatives from the U.S. and China are talking. And, a study on the need for better, higher-paying jobs for young women as the pandemic recession recovery continues.

Segments From this episode

Hedge fund Engine No. 1 wins at least 2 Exxon board seats in climate push

It's the first time climate change activists have succeeded in challenging a big oil company, says business professor Erik Gordon.
The activist hedge fund Engine No. 1 yesterday won enough support from other shareholders to get at least two seats on the board of the oil company Exxon Mobil.
Logan Cyrus/AFP via Getty Images

Study: Young women need better, higher-paying jobs after pandemic recession

May 27, 2021
Young women were already falling behind economically after the Great Recession.
Higher Purpose Co., a nonprofit, positions itself as a "capital matchmaker" and partner for Black-owned businesses in the state.
andreswd via Getty Images

The team

Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director