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Burger King’s shareholders reject adding women to board

  Bloomberg Shareholders of Restaurant Brands International Inc., owner of Burger King and Tim Hortons, rejected a proposal that would require a clear plan to add women to the company’s all-male board. OceanRock Investments Inc.’s motion was defeated at Thursday’s annual meeting in Oakville, Ontario, according to the Canadian Press. The Vancouver-based investor became a shareholder when Miami-based Burger King ...

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Renewables will top gas as America’s biggest power producer in 2031

  Bloomberg Renewables will overtake natural gas as the dominant source of electricity generation in the U.S. in 2031, even without subsidies as wind and solar costs plunge, a Bloomberg New Energy Finance analysis showed. This U.S. shift will be driven by $745 billion in investments in renewables through 2040, outstripping the projected $95 billion that will be spent on ...

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Oil extends losses as US rigs drilling for crude rise

  Bloomberg Crude fell a third day after the number of rigs drilling for oil in the U.S. rose for a second week. Futures fell as much as 1.8 percent in New York after dropping 4.2 percent in the previous two sessions. Rigs targeting crude in the U.S. rose by 3 to 328 last week, capping the longest run of ...

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