Exxon loses board seats to activist hedge fund in landmark climate vote A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's carbon footprint and growth plans.
Engine maker Briggs & Stratton files for bankruptcy protection, agrees to sell assets to KPS Briggs & Stratton Corp. has filed for bankruptcy protection and agreed to sell assets to KPS Capital Partners LP as the company has faced declining sales and losses since the onset of the coronavirus pandemic.
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