The little engine that did … shake up the Exxon boardroom
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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
It's the first time climate change activists have succeeded in challenging a big oil company, says business professor Erik Gordon.
U.S., China trade representatives talk, but there's no sign of negotiations to end trade war
Marketplace's Nova Safo reports.
Young women were already falling behind economically after the Great Recession.