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BlackRock supports effort to boost number of women board members

July 14, 2017 By Trevor Hunnicutt NEW YORK (Reuters) – BlackRock Inc voted for eight proposals pushing U.S. and Canadian companies to adopt policies boosting their boards’ diversity during the most recent quarter, the world’s largest asset manager said on Thursday. BlackRock said it supported the shareholder motions to press companies to develop or disclose policies geared to promote gender diversity. It did not name the companies it pushed but said the “majority” had boards of directors lacking women. “We’ve been particularly focused on increasing the number of women on…

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Carolyn Porco climate change Money Top News Weird Science First Westchester Square 

Weird Science: First jobs of some leading scientists

July 7, 2017 By Chris Taylor NEW YORK (Reuters) – While top scientists may be deploying their brainpower on critical projects such as climate change research and conservation, they often entered the workforce in far more modest ways. For Reuters’ monthly ‘First Jobs’ series, we chatted with a few leading scientists about how they got their starts. Jane Goodall Founder, Jane Goodall Institute; UN Messenger of Peace First job: Secretary “When I left school, we had no money for university, but just enough for a boring secretarial course. Before getting a…

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China Premier Li climate change DALIAN Economy speech Top News 

China capable of achieving full-year GDP growth target, says premier

June 27, 2017 DALIAN, China (Reuters) – China is entirely capable of achieving its full-year growth target and controlling systemic risks despite many challenges facing its economy, China’s Premier Li Keqiang said on Tuesday. Beijing is targeting economic growth of around 6.5 percent in 2017, compared with the actual 6.7 percent pace in 2016 – the slowest in 26 years. In a speech at the World Economic Forum (WEF) in the northeastern city of Dalian, Li said the Chinese economy remains steady with improving momentum in the second quarter, as…

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climate change Economy GM tax Texas Top News 

America’s hungriest wind and solar power users: big companies

June 21, 2017 By Nichola Groom LOS ANGELES (Reuters) – Major U.S. corporations such as Wal-Mart Stores Inc and General Motors Co have become some of America’s biggest buyers of renewable energy, driving growth in an industry seen as key to helping the United States cut carbon emissions. Last year nearly 40 percent of U.S. wind contracts were signed by corporate power users, along with university and military customers. That’s up from just 5 percent in 2013, according to the American Wind Energy Association trade group. These users also accounted…

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Big U.S. companies stay on White House panel despite climate jolt

June 2, 2017 By David Shepardson and Susan Heavey WASHINGTON (Reuters) – Several major U.S. companies, including Wal-Mart Stores Inc , JP Morgan Chase & Co and IBM Corp , on Friday said their CEOs will remain in an influential presidential advisory group despite objecting to President Donald Trump’s withdrawal from the Paris climate accord. Citing the need to stay engaged with the administration, business leaders said they would remain in their advisory roles to continue working to influence White House policies. Trump, a Republican, on Thursday said he would…

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Oil slides as U.S. climate withdrawal compounds glut concerns

June 2, 2017 By Libby George LONDON (Reuters) – Brent crude tumbled below $50 on Friday, heading for a second straight week of losses, on worries that U.S. President Donald Trump’s decision to abandon a climate pact could spark more crude drilling in the United States, worsening a global glut. Benchmark Brent crude futures were off by nearly 3 percent at $49.14 per barrel at 1034 GMT (6:34 a.m. ET), down $1.49 from the previous close. U.S. West Texas Intermediate crude futures fell $1.45 cents to $46.91 per barrel. Both…

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Exclusive: Fidelity may back climate resolutions, a milestone for activists

May 26, 2017 By Ross Kerber BOSTON (Reuters) – Fidelity Investments may support shareholder proxy proposals calling on companies to report on sustainability matters this year, a major shift by the Boston asset manager as climate activists gain more traction at large U.S. corporations. While Fidelity will generally vote as company managers recommend on environmental or social issues, “Fidelity may support shareholder proposals calling for reports on sustainability, renewable energy and environmental impact issues,” states a new section of its proxy voting guidelines. The guidelines were put in place in…

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Trump budget would cut oil stockpile, open Arctic refuge to drilling

May 23, 2017 By Timothy Gardner WASHINGTON (Reuters) – U.S. President Donald Trump’s White House would sell half of the nation’s emergency oil stockpile and open the Alaska National Wildlife Refuge to drilling as part of a plan to balance the budget over the next 10 years, documents released by the administration on Monday showed. The White House budget, which will be delivered to Congress on Tuesday, is meant as a proposal and may not take effect in its current form. But it reveals the administration’s policy hopes, which include…

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Cannes to open with feast for art-house movie buffs

May 16, 2017 By Robin Pomeroy CANNES, France (Reuters) – No Hollywood blockbusters this year, but the 2017 Cannes Film Festival, which opens on Wednesday, has a rich line-up of art-house movies that one critic has called the most appealing in a decade. While a fight between American streaming giant Netflix and French movie theaters has overshadowed the opening, fans of auteur cinema are excited to see the latest works by the likes of Noah Baumbach, Francois Ozon and Lynne Ramsay. Todd Haynes, director of acclaimed lesbian drama “Carol”, has…

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Protectionism off the agenda but high in minds at G7 finance meeting

May 10, 2017 By Gavin Jones ROME (Reuters) – Europe, Japan and Canada hope a G7 meeting in Italy this week will give them a better picture of U.S. President Donald Trump’s direction on key policies that he has yet to spell out. The official agenda for Group of Seven finance ministers and central bankers in the city of Bari from Thursday to Saturday focuses on inequality, international tax rules, cyber security and blocking the funding of terrorism. However, many participants will be looking to Treasury Secretary Steven Mnuchin to…

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