Today: September 08, 2024
Today: September 08, 2024

Latest From Ross Kerber

Economy

Exclusive-Proxy adviser ISS expands offerings for 'ESG skeptic' clients

Institutional Shareholder Services (ISS), the influential proxy adviser majority owned by Deutsche Boerse that recommends how shareholders should vote in corporate elections

Business|Technology

Vanguard vote switch helped pass Tesla CEO Elon Musk's $56 billion pay package

Tesla's largest outside investor Vanguard said it voted in favor of CEO Elon Musk's $56 billion pay package, citing the company's performance, contributing to the passage of

Vanguard vote switch helped pass Tesla CEO Elon Musk's $56 billion pay package
Business

Investors file record number of climate resolutions for North American companies

A record 263 climate-related shareholder resolutions have been filed so far this year for annual meetings of North American companies, a new tally showed on Tuesday,

Investors file record number of climate resolutions for North American companies
Business

US climate rule will boost sustainable accounting industry

New U.S. climate-disclosure regulations should boost demand for services of the Big Four accounting firms and more specialized reviewers, and could sharpen a rivalry between

US climate rule will boost sustainable accounting industry
Business

US SEC meets to vote on climate rule

Wall Street's top regulatory body was meeting on Wednesday to vote on rules that would force public companies to disclose certain climate-related risks, in first-of-its-kind

US SEC meets to vote on climate rule
Business

Religious investors urge Exxon to drop lawsuit against activist shareholders

A group of religious investors urged Exxon Mobil to drop a lawsuit against climate activists, saying in a letter to the energy company's board seen by Reuters on Thursday

Religious investors urge Exxon to drop lawsuit against activist shareholders
Business

Analysis-Tesla activist investors to seize on Elon Musk pay ruling

Activist investors who have for years accused Tesla's board of failing to rein in Elon Musk say this week's court ruling on the electric vehicle maker CEO's compensation

Analysis-Tesla activist investors to seize on Elon Musk pay ruling
Business

US regulator denies Apple, Disney bids to skip votes on AI

Apple and Disney cannot avoid shareholder votes about their use of artificial intelligence put forward by a labor group, the top U.S. securities regulator has ruled.

US regulator denies Apple, Disney bids to skip votes on AI
Business

Trailblazer Elon Musk pushes a profane new frontier

Elon Musk is keen to achieve what no business leader has done before, from mass-producing electric cars to developing reusable space rockets.

Trailblazer Elon Musk pushes a profane new frontier
Business

Sustainable cotton group boosts tracking for top retailers

Swiss-based sustainability group Better Cotton said on Thursday it has added new functions to a platform that big retailers use to trace materials through their supply

Sustainable cotton group boosts tracking for top retailers
Business|Economy|Environment

Vanguard says it backed Exxon board, but cites investor rights concerns

Vanguard said its funds supported the election of Exxon's director nominees at its annual meeting last week, but the mutual fund giant cited lingering concerns about the

Vanguard says it backed Exxon board, but cites investor rights concerns
Business|Economy

Top proxy adviser ISS recommends against Tesla CEO Musk's 'excessive' $56 billion pay

Top proxy advisory firm ISS recommended Tesla shareholders vote against ratifying CEO Elon Musk's $56 billion pay package, calling the compensation excessive in a rejection

Top proxy adviser ISS recommends against Tesla CEO Musk's 'excessive' $56 billion pay
Business|Economy|Environment

US state officials urge votes against directors as Exxon sues climate activists

A group of state financial officers and other public and labor leaders called on Tuesday for major asset managers to vote against top Exxon directors, citing the U.S. oil

US state officials urge votes against directors as Exxon sues climate activists
Business|Economy

Conservative investor pulls JPMorgan resolution, cites changes addressing 'politicized finance'

A conservative shareholder withdrew a resolution filed for a vote at Tuesday's annual meeting of JPMorgan, according to the investor's representative, who said the move

Conservative investor pulls JPMorgan resolution, cites changes addressing 'politicized finance'
Business|Economy

T. Rowe Price says 2018 Tesla pay aligned with investor interests

Mutual fund firm T.

T. Rowe Price says 2018 Tesla pay aligned with investor interests
Economy

State Street adds option to fully back corporate boards

State Street's asset-management arm will give retail investors an option to fully back corporate boards as it brings online features to allow fund shareholders to

State Street adds option to fully back corporate boards
Business|Technology

Tesla turns to Musk's small shareholder fans to back $56 billion payday

With major Tesla shareholders appearing divided over whether to endorse Elon Musk's $56 billion pay package, the company also is looking for support from retail investors

Tesla turns to Musk's small shareholder fans to back $56 billion payday
Economy|Environment|News|Science|Technology

Record $8.8 billion pulled from US sustainable funds in Q1

European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8

Record $8.8 billion pulled from US sustainable funds in Q1
News

US Senator Warren renews call for gun sale code regulation

U.S.

US Senator Warren renews call for gun sale code regulation
News

Democratic lawmakers ask payment firms to renew work on gun code

U.S.

Democratic lawmakers ask payment firms to renew work on gun code
News

New York City investment chief calls on Tesla to sanction Musk unless he apologizes

New York City Comptroller Brad Lander told Reuters on Tuesday that Tesla's board of directors should sanction CEO Elon Musk if he does not apologize for endorsing

New York City investment chief calls on Tesla to sanction Musk unless he apologizes

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