Despite pausing its annual meeting for an entire hour, during which executives allegedly called shareholders and pressured them to change their vote, Exxon Mobil gained two climate activists as new board members.
Banks are recommending corporate treasurers protect themselves against FX swings, which have been muffled recently by record-low interest rates and Fed liquidity support.
From tax credits to changes in RMDs to allowing CITs in 403(b)s, this legislation has many provisions meant to encourage employers to offer retirement plans.
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Federal agencies are drafting rules to identify threats to government programs, assets, and liabilities; reduce risks to the nation's financial stability; and bolster disclosures of climate risk.
Despite a Twitter-user outcry, and loss of value for some cryptocurrency-related assets, market observers point out that this matches IRS treatment of cash transactions.
