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Chevron CEO vows ‘higher returns, lower carbon’

Bloomberg Fresh from overtaking Exxon Mobil Corp as North America’s biggest oil company, Chevron Corp has a “simple promise” to investors: higher returns and lower carbon. Delivering on that promise is critical: an activist investor announced a campaign targeting Exxon for failing on both counts. “We’ve been able to remain very steady as others have had to change strategy, change ...

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Biden has the right to name his own cabinet

Republican senators are threatening to refuse to confirm President-elect Joe Biden’s choices for his cabinet. They appear to be especially unhappy about the selection of Neera Tanden to head the Office of Management and Budget, in part because she posted a number of tweets that were sharply critical of them. But they might choose to make the confirmation process a ...

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India’s farmers have reason to worry

The third rail of Indian politics has always been agriculture. While the economy has been partly liberalised since opening up to the world in 1991, the process has largely bypassed the three-fifths of Indians who depend for their livelihoods, directly or indirectly, on farming. In September, the government finally introduced a much-needed set of changes to how agriculture is organised ...

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