U.S. households and businesses facing unequal recovery, Fed report finds

Businesses and households improved their balance sheets late last year with the help of government support, but some consumers and the smallest businesses continued to struggle, according to a report released on Thursday by the Federal Reserve that highlighted the unenven nature of the economic recovery. “Vulnerabilities from both business and household debt have declined,” […]

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Investor group pushes Exxon board for new leadership to challenge CEO

An investor group on Thursday called on Exxon Mobil’s (XOM.N) board to recruit directors and senior executives with energy and clean fuels experience, echoing calls at the center of an ongoing proxy fight. The Coalition for a Responsible Exxon (CURE), which includes Seattle City Employees Retirement System, Dana Investment Advisors and Interfaith Center on Corporate […]

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