The Dow Jones just dropped its oldest member: Exxon Mobil
In another sign that times “are a-changing’, the Dow Jones has dropped Exxon Mobil from its influential index. Why does this matter? Well, the Dow Jones Industrial Average is the classic blue-chip stock index. Exxon Mobil is an iconic blue-chip stock and the longest-tenured member of the Read More...
Major hedge fund dumps oil companies for lobbying against climate action
That oil, gas, and mining companies extract resources while damaging the environment is already bad enough, but what is absolutely unacceptable is that some of these companies lobby against climate action. That’s why a Nordic hedge fund worth more than $90bn (£68.6bn) has dumped its stocks in Read More...