Bank Of America Backs Away From Funding Coal Mining


www.huffingtonpost.com | Published May 6, 2015

WASHINGTON — Bank of America is cutting off its financing for coal extraction projects, the company announced at its shareholder meeting Wednesday.

“With regard to coal, over the past several years, we have been gradually and consistently reducing our credit exposure to companies focused on coal mining,” said Andrew Plepler, Bank of America’s Corporate Social Responsibility executive, at the meeting. The new policy, he said, “reflects our decision to… read more>


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Switch IPO the latest to limit investor voting rights

As many of 15 percent of U.S. IPOs in recent years have used dual share classes meant to give insiders outsized voting rights, according to the Council of Institutional Investors.

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Wells Fargo executives, board must face lawsuit over fake accounts, federal judge says

http://www.reuters.com/article/us-wells-fargo-accounts-decision/wells-fargo-executives-board-must-face-lawsuit-over-fake-accounts-federal-judge-says-idUSKBN1CA1ZY

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As Ford pushes into electric vehicles, U.S. union aims to save jobs

Ford’s presentation to investors this week under new chief executive Jim Hackett, included a slide touting a 30 percent reduction in “hours per unit” to build electric vehicles.

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