ESG Blowback: Exxon, Chevron Investors Reject Climate Measures 
 

The shareholders' votes, along with others in Europe, deal a blow to activists.

 
Remy Cointreau Remains Cautious on Outlook 
 

Remy Cointreau reported a full-year operating profit of EUR430 million, above expectations, but said it still expects little growth in margins or sales in fiscal 2024, as U.S. consumption drops from recent highs.

 
Broadcom Is a Bellwether for Chips. Earnings Will Focus on Artificial Intelligence. 
 

Wall Street expects revenue to grow 7% year over year in the latest quarter.

 
Diddy Accuses Diageo of Abandoning His Tequila 
 

Music mogul Sean "Diddy" Combs sued the company, alleging it neglected his DeLeón brand while throwing its weight behind George Clooney's Casamigos.

 
Jamie Dimon Says He Never Discussed Epstein's Accounts; Staley Says He Did 
 

Former top JPMorgan executive Jes Staley said in legal documents that he communicated with CEO Jamie Dimon about the bank's business with convicted sex offender Jeffrey Epstein.

 
Purdue Appeals Court Ruling Curbs Lawsuits Against Corporate Leaders 
 

A federal appellate ruling lends support to third-party releases, empowering bankruptcy courts to force creditors to accept settlement terms with shareholders and other corporate insiders.

 
Facebook Parent Threatens to Remove News From Its Platforms in California 
 

The state's bill requiring tech firms to pay publishers may inspire a revision of similar federal legislation, a trade group says.

 
New Pfizer RSV Vaccine Rolls Out Into Headwinds of Hesitancy 
 

The shot won FDA approval as a new study finds a 14-percentage-point drop in vaccine confidence since the Covid pandemic.

 
Amazon Settles Complaints Over Ring Surveillance, Use of Children's Voice Recordings 
 

Amazon agreed to pay $30.8 million to settle claims that it improperly retained children's Alexa voice recordings and allowed Ring employees to surveil customers.

 
Salesforce Earnings Rise as Margins Grow 
 

Amid turnaround efforts, the company lifts its margin goals for the year.

(END) Dow Jones Newswires

June 01, 2023 05:15 ET (09:15 GMT)