With a month to go before a showdown with activists at its annual meeting, Exxon Mobil Corp is putting its best face forward. The activist argument rested on two pillars. First, Exxon’s strategy for managing the energy transition was, at best, unclear and at worst barely in existence. Exxon has moved to defang that with a shift in messaging around ...

Bloomberg Deutsche Lufthansa AG reined in capacity plans and London’s Heathrow airport lowered passenger forecasts as new waves of coronavirus infections dent prospects for a travel rebound by the start of summer. Lufthansa now expects to offer only 40% of its pre-pandemic capacity for 2021 as a whole, according to a statement, a figure that’s below the level it has ...

Bloomberg Passengers on airplanes, buses and railroads in the US will have to keep wearing masks to guard against the spread of Covid-19 as federal officials extended a mandate that was set to expire within days through the busy summer travel season. The Transportation Security Administration (TSA) announced it was extending the mandate through September 13. The move is in ...