Podcasts about Exxon

Dr. Shea Bradley-Farrell, Ph.D. is a strategist in national security and foreign policy and president of Counterpoint Institute for Policy, Research, and Education in Washington, D.C. She is author of Last Warning to the West: Hungary's Triumph Over Communism and the Woke Agenda (Dec. 2023), endorsed by multiple high-level conservative leaders. Shea worked directly with the Trump administration (2016-2020) at the highest levels including at the White House, U.S. Department of State, and Senior Advisor Ivanka Trump, on multiple issues while serving as VP of International Affairs for Concerned Women for America. Shea also served as Professor and Subject Matter Expert (SME) for the Defense Security Cooperation University (DSCU) of the U.S. Department of Defense (DoD) for a Trump administration national security mandate; she possesses an active U.S. security clearance and executive-level certifications.  Shea works with multiple nations around the world at the highest senior levels of government to build U.S. relations and promote U.S. interests and security. Previously, she worked in international development focusing on economic development and research in the Middle East, Africa, and South America with donors including the U.S. Department of Labor, World Bank, Exxon, FedEx, and Kuwait Foundation for Advancement of Science.   Shea regularly publishes Op-eds in outlets such as RealClear Politics, Human Events, NewsMax, National Review, Daily Signal,  The Washington Times, The European Conservative,  Daily Caller, the Federalist and many others. She is a weekly guest on TV news and radio and presents to venues all around the world such as Wilson Center for International Scholars, Foreign Services Institute, the U.S. Dept. of State, the Heritage Foundation, CPAC Hungary and the Gulf Studies Symposium. Shea holds a Ph.D. and M.S. in International Development from Tulane University, where she was Adjunct Lecturer in the International Development Studies Program in 2015. She has served in a variety of other academic positions, including at the American University of Kuwait and George Mason University.FOLLOW Counterpoint Institute on X: @CounterpointDCFOLLOW Dr. Shea Bradley-Farrell on X: @DrShea_DCVISIT: https://www.counterpointinstitute.org/ORDER: https://www.amazon.com/Last-Warning-West-Hungarys-Communism/dp/6156476164

Send us a textAlaska State House Representative for South Anchorage, Girdwood & Whittier Ky Holland was born and raised in Anchorage. He is the eldest son of Federal Judge Russ Holland who was the judge in the case against Exxon after the Exxon Valdez Oil spill. Ky left Alaska for college in Oregon and stayed away for over a decade. Returning in the late 90s, he continued his work as a mechanical engineer, but expanded into academia and eventually into entrepreneurship. Lack of state investment in the private sector has motivated his legislation during his freshman session in Juneau. But it was a fear that we wouldn't properly fund our schools that led him to run for office for the first time in 2024. We talk about all of that and the case against ten American Samoans in Whittier who have been charged with voter misconduct.

In this week's episode of State of the Arc, we dive into: ExxonMobil's proposed $8.6B plastics plant in Texas and its potential impact on welding jobs. OSHA's intensified enforcement on confined space violations and what it means for welders. The growing trend of welding schools partnering with industries to create direct job pipelines. The surge in welding opportunities within the agricultural and heavy equipment sectors. Plus, we explore NASA's 1991 breakthrough in friction stir welding and its lasting impact on the industry. Stay informed and ahead in the welding world with State of the Arc.

Story of the Week (DR):UnitedHealth Group CEO Andrew Witty steps down for 'personal reasons' MM DRUnitedHealth Under Investigation: UnitedHealth Group is facing a criminal probe by the U.S. Department of Justice for potential Medicare fraud related to its Medicare Advantage program. The company is also dealing with a civil fraud investigation and has suspended its 2025 financial forecast amid rising medical costs. CEO Andrew Witty resigned unexpectedly this week.Steve will receive a golden hello again consisting of a one-time $60M option award. While the company claims there will be no additional annual equity awards during the first three years of Steve's employment, there are no performance hurdles tied to this award meaning Steve could make a boatload of cash even if the stock market goes up independent of his work as CEO.A Kohl's board member resigned because she was 'continually disappointed' by governance and a lack of transparency MM DRKohl's Director and Compensation Committee Chair Christine Day resigned from the board on May 5, 2025.Kohl's initially claimed: “Ms. Day's decision [to resign] was not due to any disagreements with the Company on any matter relating to the Company's operations, policies or practices.”Day later sent an email (included in SEC filing) saying:I want to stress my concern that this is an inappropriate way to handle this. All shareholders deserve the same access to the same information. [ . . .] and for us to not respond to ISS is not good governance. In the 8K filing, for my departure, it would not be accurate to say I have no disagreements with the board. Unfortunately I have been continually disappointed with the level of governance process. The 8k needs to reflect this.”In another email she called out Board Chair Michael Bender: “There is no delegation to committees or chairs, Michael “handles” everything, maybe speaks to one person or 2, then “tells” everyone what the decision is. Some people know more than others leading to board members feeling alienated, out of the loop, and worse—developing a culture where real discussions rarely occur.”In a meeting held yesterday (may 14), only 5% of Kohls shareholders said NO to Board Chair Michael Bender while 45% said NO on Pay while average director support was 92% YESJohn Tyson joins Tyson Foods Inc. board, 9 months after criminal charges led him to step down as CFO MM DRDespite being part of the controlling family, The Tyson children will be paid $315,000 annually like all other non-employee directors.FedEx board member David Steiner to lead US Postal ServiceLD since 2009; CEO Waste Management; $15M in sharesGoodliest of the Week (MM/DR):DR: Boulder's landmark lawsuit against Suncor, Exxon can proceed, Colorado Supreme Court rulesMM: NLPC Urges Exxon Mobil Shareholders To Vote Against Election Of CEO Darren Woods For Board On Exxon Mobil's 2025 Proxy Ballot DR MMThey are running a vote no campaign on Darren Woods… for being too woke! After suing his own shareholder who wanted him to be woke!Assholiest of the Week (MM):NasdaqNasdaq Supports Texas Senate Bill 29, Strengthening Corporate Governance and Business Growth in the State DREd Knight of Nasdaq says: “Senate Bill 29 is a milestone for corporate governance in Texas. By embracing smart, innovation-focused regulation like SB 29, Texas is showing the world what it means to lead on economic growth and modern, clear governance principles,” said Ed Knight, Executive Vice Chairman of Nasdaq. “We commend Senator Bryan Hughes, Representative Morgan Meyer, and Governor Greg Abbott for advancing legislation that strengthens Texas' position as a global center for capital formation.”The major features include a Musk “board independence” rule that allows an evidentiary hearing by a court to say a committee overseeing a transaction is “independent”, then they can exclude any lawsuits or challenges to the committee findings/approval - say, on something like a massive pay package - without the ability of a shareholder to get recourseThey also can refuse books and records if they THINK you might sue them, and they only allow derivative lawsuits for groups with 3% or more of the sharesEd Knight biography: A Texas native, Knight received his Bachelor of Arts, with honors, in Latin American Studies from the University of Texas at Austin and his Juris Doctorate from the University of Texas School of Law.Stewardship teamsHarley-Davidson Leaders Survive Proxy FightThe company didn't reveal the preliminary vote total during its shareholder meeting. About 48% of shares voted withheld support from Zeitz, while about 40% withheld support from directors Thomas Linebarger and Sara Levinson, two people familiar with the tally said.Harley's bylaws require directors to resign if more than 50% of shares voted withhold support.Seriously investors? Seriously? Levinson has been a director since Clinton's FIRST TERM - AND SHE HAS A CHECKMARK FOR INDEPENDENT. 30 years isn't too much for you investors? 30? For an ex NFL and MTV executive at a company that makes motorcycles? If you're anti-woke, isn't this an easy vote out?? Not even for her woman-ness, but for the fact that she has literally nothing to do with making motorcycles? She started a women-focused dot com media company called “Club Mom”!If Blackrock and Vanguard voted to support Harley directors, they truly do not care - and ISS's fuckwit half-assed non-assessment is what's driving investors to do-nothingness. And I know ISS is listening, we've been told they don't like our criticism - tough shit, your assessments are feckless bullshit nothingburger with no real backing, and pension funds are starting to notice you give them a whole lot of puffery for 200k a yearIn other news… BlackRock wins 67% support for pay as CEO Fink assures on global economyEach of its 18 director nominees were easily elected with average support over 98%.Press ReleasesLumen Technologies Appoints Michelle J. Goldberg and Steve McMillan to Board, Strengthening Company's AI and Digital StrategyBecause no one cares, no one reads the bios to determine if, at least on paper, the headline matches the humans - “strengthening company's AI and digital strategy”Michelle J. Goldberg brings over 20 years of experience in early-stage technology, finance, and board governance. She served as a Partner at venture capital firm Ignition Partners and currently sits on the boards of both Bakkt Holdings and Ally Financial, previously having held board roles at Legg Mason, Taubman Centers, and Plum Creek Timber. Her expertise and guidance in early-stage technology startups has helped scale businesses through critical phases of innovation and expansion. Michelle holds a BA from Columbia University and an MA from Harvard University.Steve McMillan is a seasoned executive in global enterprise technology strategy, data analytics and big data. Since 2020, he has served as President and CEO of Teradata Corporation. His previous leadership roles at F5, Oracle, and IBM specialized in security, cloud management, and managed services—making him a key voice in modernizing technology platforms for customer success. Steve earned a First-Class Honours degree in Management and Computer Science from Aston University in Birmingham, England.So… not AI or digital strategy experts?Headliniest of the WeekDR: Elon Musk says everyone will want their 'personal robot' — but warns of 'Terminator'-style risksDR: Elon Musk's AI says it was ‘instructed by my creators at xAI' to accept the narrative of ‘white genocide' in South AfricaMM: Women contribute less to climate-heating emissions than men, study finds - this explains the anti woke movement, the atmosphere is super woke MM: Elon Musk's pro-Trump PAC failed to pay swing state petition signers, new suit allegesWho Won the Week?DR: Olivia Tyson, for being the nepobaby nobody notices (when standing next to John R. Tyson)MM: The A in AI, since Elon has proven that you really don't need the “intelligence” part.PredictionsDR: After Disney CEO Bob Iger hears me on The Responsible Investor Podcast with Gina Gambetta he sends a cease and desist letter forcing me off all podcasts until 1001 years of the next popeMM: Exxon sues the NLPC for its exempt solicitation, and no one knows who to root for.

Sheryl Glick host of Healing From Within Interviews JD Messenger author of “11 Days In May”, the story of a spiritual transformation that started after JD had his second near death experience. The book reveals Messinger's journey into his moral center and the insights generated from a deep understanding of our true inner nature that allows for inspired self- actualization, leadership and a profound gratitude for life and love. JD Messinger was a CEO at Ernst and Young Consulting in Singapore, one of 37 distinguished graduates from the US Naval Academy in l981 and a nuclear submarine officer and advisor to cabinet officials, a former fireman, and former radio and television show creator, producer and host, and the Exxon executive who helped supervise the Valdez Oil Spill cleanup. Weaving together experiences from more than 30 years and four careers, he began to ask the deepest questions asked throughout human history; Who am I, Why am I here, What is a Thought, What are Intentions, What is Matter, Time, Love, War, Sex, Death, Souls, and so on. Learn more about Sheryl here: http://www.sherylglick.com/

When we go into the environment where the toxic investments are prepared, and we begin to sing, and invite the bankers to find a way out of the carbon money trap, we feel their sadness. You can't delete the fire and flood; you can't delete whole cities bursting into flames. You walk around in your suit and haircut in the biggest bank in America. You know that you are, year in and year out, the top investor in poison gases and liquids in the world. Exxon is on your board, and your CEO makes $100,000 each business day. And you stand behind the carbon wall, watching the pain and suffering in the distance, shuffling your computer files with the sadness of your lost life. You know, you don't have to do this. Leave the bank with us and sing.

De wonderen zijn de wereld nog niet uit. Sloot Trump gisteren ineens een handelsdeal met de Britten, dit weekend gaat 'ie heel ver voor een deal met de Chinezen. Zo ver zelfs dat 'ie bereid is de tarieven drastisch te verlagen.Ze staan er in China zelf ook van te kijken. Waarom wil Trump zo graag? We bespreken het deze aflevering. Dan hoor je ook waarom China het (ondanks die handelsoorlog) extreem veel exporteert. Sterker nog: de binnenlandse vraag valt nauwelijks terug. Verder vertellen we je over BP. Het aandeel zit in een diep dal en dat zet concurrenten aan het denken. Die zijn allemaal aan het berekenen of zij de Britse oliereus willen overnemen. Shell zegt dat het ze niet waard is, maar is dat ook echt zo? We hebben het ook over de Duitse beurs. Beleggers daar hebben een nieuwe bondskanselier en die zal dit succes vast willen claimen: de DAX-index tikt namelijk een nieuw record aan. En Elon Musk vindt de 260.000 ontslagen die hij bij de Amerikaanse overheid regelde nog niet genoeg. Hij heeft een stukje software ontwikkeld die zijn taken daar kan overnemen. En we blikken terug op de week waarin Jelle eindelijk analisten meekreeg in zijn enthousiasme over Disney. Ook een beursweek waarin Ahold zei geen last te hebben van de handelsoorlog. En die waarin de eerste deal in die oorlog gesloten werd.See omnystudio.com/listener for privacy information.

John is a Stanford guy, but not Wall Street. He has spent his entire career in the real world solving the biggest problems facing the largest companies.Problems like how to win, grow sales, and improve the stock price. He has driven value across diverse industries: Consulting, Technology, Industrial, Retail, and Transportation. But he no longer works for McKinsey, HP, Exxon, AutoZone, or GM. Now he works for you! And he applies that problem-solving, creativity, and corporate background to decide how to best invest your assets. It would be his honor if people would consider him a money manager.On a personal note, he is married with 3 children. He is the 7th of 9 children in an extended family where everyone still gets along. They were raised by faithful parents who taught strong values, including that they are all part of a greater family of brothers and sisters. He served a 2-year full-time mission in the Netherlands & Belgium to help share that message.Learn more: http://www.stellar-assets.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-john-wright-cfa-chief-investment-officer-of-stellar-assets-discussing-beating-the-market

John is a Stanford guy, but not Wall Street. He has spent his entire career in the real world solving the biggest problems facing the largest companies.Problems like how to win, grow sales, and improve the stock price. He has driven value across diverse industries: Consulting, Technology, Industrial, Retail, and Transportation. But he no longer works for McKinsey, HP, Exxon, AutoZone, or GM. Now he works for you! And he applies that problem-solving, creativity, and corporate background to decide how to best invest your assets. It would be his honor if people would consider him a money manager.On a personal note, he is married with 3 children. He is the 7th of 9 children in an extended family where everyone still gets along. They were raised by faithful parents who taught strong values, including that they are all part of a greater family of brothers and sisters. He served a 2-year full-time mission in the Netherlands & Belgium to help share that message.Learn more: http://www.stellar-assets.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-john-wright-cfa-chief-investment-officer-of-stellar-assets-discussing-beating-the-market

John is a Stanford guy, but not Wall Street. He has spent his entire career in the real world solving the biggest problems facing the largest companies.Problems like how to win, grow sales, and improve the stock price. He has driven value across diverse industries: Consulting, Technology, Industrial, Retail, and Transportation. But he no longer works for McKinsey, HP, Exxon, AutoZone or GM. Now he works for you!And he applies that problem-solving, creativity, and corporate background to decide how to best invest your assets. It would be his honor if people would consider him a money manager.On a personal note, he is married with 3 children. He is the 7th of 9 children in an extended family where everyone still gets along. They were raised by faithful parents who taught strong values, including that they are all part of a greater family of brothers and sisters. He served a 2-year full-time mission in the Netherlands & Belgium to help share that message.Learn more: http://www.stellar-assets.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-john-wright-cfa-chief-investment-officer-of-stellar-assets-discussing-managing-market-risk

John is a Stanford guy, but not Wall Street. He has spent his entire career in the real world solving the biggest problems facing the largest companies.Problems like how to win, grow sales, and improve the stock price. He has driven value across diverse industries: Consulting, Technology, Industrial, Retail, and Transportation. But he no longer works for McKinsey, HP, Exxon, AutoZone or GM. Now he works for you!And he applies that problem-solving, creativity, and corporate background to decide how to best invest your assets. It would be his honor if people would consider him a money manager.On a personal note, he is married with 3 children. He is the 7th of 9 children in an extended family where everyone still gets along. They were raised by faithful parents who taught strong values, including that they are all part of a greater family of brothers and sisters. He served a 2-year full-time mission in the Netherlands & Belgium to help share that message.Learn more: http://www.stellar-assets.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-john-wright-cfa-chief-investment-officer-of-stellar-assets-discussing-managing-market-risk

Donald Trump a fait campagne sur la promesse de relancer la production d'hydrocarbures aux États-Unis, reprenant à son compte le fameux slogan « Drill baby drill », (« Fore, bébé fore »), et tant pis pour l'environnement. Fin mars, son administration a de nouveau autorisé l'exploitation pétrolière et gazière des réserves naturelles de l'Arctique en Alaska. Mais même au très conservateur Texas, source de plus de 40% de la production pétrolière des États-Unis, cette politique du tout pétrole est loin de faire l'unanimité.  De notre envoyé spécial au Texas, Nous voici à Beaumont, tout à l'est du Texas. La Louisiane est toute proche. C'est ici même au tout début du XXe siècle qu'a été découvert un immense gisement pétrolier qui a lancé une véritable ruée vers l'or noir. À tel point que la ville consacre un musée à l'événement : « Après trois mois de travail acharné, les frères Hamill percent le secret de la plus importante découverte pétrolière de l'histoire. Le 10 janvier 1901, l'éruption projette du pétrole brut sur 30 mètres de haut », commente un film diffusé dans le musée. Le célèbre gisement est depuis longtemps épuisé, mais comme nous l'explique Heather qui travaille au musée, l'or noir reste au cœur de l'économie locale : « Le pétrole est essentiel pour Beaumont. L'université de la ville forme les gamins du coin aux métiers de l'industrie. Les usines pétrochimiques n'arrêtent pas de s'étendre et de recruter. Les gens de la région font jusqu'à deux heures de trajet par jour juste pour venir ici travailler dans nos raffineries. »Devant la grande raffinerie ExxonMobil de Beaumont, nous rencontrons Mike qui vient de finir son « shift » : « Si vous regardez une carte de Beaumont, vous allez voir que la raffinerie représente un tiers de la ville. C'est énorme ! » Alors, on lui demande ce qu'il pense de la politique pro-pétrole de Donald Trump : « Je ne suis pas la politique, pour tout vous dire, je ne vote même pas. Mais pour mettre les choses en perspective, pendant le Covid, Exxon a augmenté ses employés de 12%, alors que toutes les autres entreprises étaient en difficulté et dépendaient du gouvernement ! Donc pourquoi ne pas travailler ici ! »« Je suis préoccupé par l'environnement »Le musée de Beaumont propose une reproduction de la ville telle qu'elle était au moment de la découverte du premier gisement pétrolier. Il y a même un forgeron. « Quand l'industrie pétrolière est née, les forgerons fabriquaient la plupart des outils, les foreuses, rappelle l'intéressé, Rob Flurry. Et cette forge en particulier fabriquait des chariots, c'était le seul moyen de transporter le pétrole. Bien sûr, après, les voitures sont arrivées et les forgerons ont dû s'adapter. »Rob Flurry, lui, a fait le chemin inverse : « J'ai travaillé dans l'industrie pétrolière presque toute ma vie. Le pétrole a eu son moment, mais aujourd'hui, je suis préoccupé par l'environnement : il est temps de faire les choses plus proprement. Mais dans le climat politique actuel, ce n'est pas vraiment à l'ordre du jour, mais je suis sûr que ça reviendra ! » Comme quoi au Texas, on trouve de tout, même un forgeron écolo dans un musée du pétrole.À lire aussiEtats-Unis: la baisse des prix du pétrole et la crainte d'une récession freinent l'exploration

Donald Trump a fait campagne sur la promesse de relancer la production d'hydrocarbures aux États-Unis, reprenant à son compte le fameux slogan « Drill baby drill », (« Fore, bébé fore »), et tant pis pour l'environnement. Fin mars, son administration a de nouveau autorisé l'exploitation pétrolière et gazière des réserves naturelles de l'Arctique en Alaska. Mais même au très conservateur Texas, source de plus de 40% de la production pétrolière des États-Unis, cette politique du tout pétrole est loin de faire l'unanimité.  De notre envoyé spécial au Texas, Nous voici à Beaumont, tout à l'est du Texas. La Louisiane est toute proche. C'est ici même au tout début du XXe siècle qu'a été découvert un immense gisement pétrolier qui a lancé une véritable ruée vers l'or noir. À tel point que la ville consacre un musée à l'événement : « Après trois mois de travail acharné, les frères Hamill percent le secret de la plus importante découverte pétrolière de l'histoire. Le 10 janvier 1901, l'éruption projette du pétrole brut sur 30 mètres de haut », commente un film diffusé dans le musée. Le célèbre gisement est depuis longtemps épuisé, mais comme nous l'explique Heather qui travaille au musée, l'or noir reste au cœur de l'économie locale : « Le pétrole est essentiel pour Beaumont. L'université de la ville forme les gamins du coin aux métiers de l'industrie. Les usines pétrochimiques n'arrêtent pas de s'étendre et de recruter. Les gens de la région font jusqu'à deux heures de trajet par jour juste pour venir ici travailler dans nos raffineries. »Devant la grande raffinerie ExxonMobil de Beaumont, nous rencontrons Mike qui vient de finir son « shift » : « Si vous regardez une carte de Beaumont, vous allez voir que la raffinerie représente un tiers de la ville. C'est énorme ! » Alors, on lui demande ce qu'il pense de la politique pro-pétrole de Donald Trump : « Je ne suis pas la politique, pour tout vous dire, je ne vote même pas. Mais pour mettre les choses en perspective, pendant le Covid, Exxon a augmenté ses employés de 12%, alors que toutes les autres entreprises étaient en difficulté et dépendaient du gouvernement ! Donc pourquoi ne pas travailler ici ! »« Je suis préoccupé par l'environnement »Le musée de Beaumont propose une reproduction de la ville telle qu'elle était au moment de la découverte du premier gisement pétrolier. Il y a même un forgeron. « Quand l'industrie pétrolière est née, les forgerons fabriquaient la plupart des outils, les foreuses, rappelle l'intéressé, Rob Flurry. Et cette forge en particulier fabriquait des chariots, c'était le seul moyen de transporter le pétrole. Bien sûr, après, les voitures sont arrivées et les forgerons ont dû s'adapter. »Rob Flurry, lui, a fait le chemin inverse : « J'ai travaillé dans l'industrie pétrolière presque toute ma vie. Le pétrole a eu son moment, mais aujourd'hui, je suis préoccupé par l'environnement : il est temps de faire les choses plus proprement. Mais dans le climat politique actuel, ce n'est pas vraiment à l'ordre du jour, mais je suis sûr que ça reviendra ! » Comme quoi au Texas, on trouve de tout, même un forgeron écolo dans un musée du pétrole.À lire aussiEtats-Unis: la baisse des prix du pétrole et la crainte d'une récession freinent l'exploration

Alleen al één deal met Google kan Apple een kwart van de winst kosten. Die deal brengt ze nu nog 20 miljard dollar per jaar op. Maar daar kan snel verandering in komen. Als de Amerikaanse overheid en de EU het techbedrijf echt willen aanpakken kan die winst zomaar verdwijnen. Als dat nog niet dreigend genoeg is, heeft Apple nóg twee grote problemen. Die bevinden zich allebei in China. Daar daalt de omzet voor het zesde kwartaal op rij, omdat de iPhone er niet meer goed verkoopt. En het moet ook nog eens de productie uit China verplaatsen om niet aan Trumps tarieven te moeten geloven. En dat laatste grapje kost de iPhone-maker het komende kwartaal al bijna een miljard dollar. Wat kan en moet Apple doen om aan al die gevaren te ontkomen? Dat zoeken we in deze aflevering voor je uit. En dan kijken we ook naar de problemen bij Amazon. De cloudtak van Amazon stelt voor het derde kwartaal op rij teleur. En dat terwijl het geluk bij de concurrentie niet op kan. Daarnaast staat ook de webwinkel nog onder druk van de handelsoorlog. Volgens de topman valt er 'geen peil op de toekomst te trekken'. Verder hebben we het over ING. Dat koopt voor twee miljard euro aan eigen aandelen in, omdat het anders te veel geld op zak heeft. En ondertussen blijft de topman zoeken naar leuke bedrijven om over te nemen. Eerder waren er geruchten over een overname in Italië, maar daar wil de topman bij BNR niks over zeggen. De VEB is er in ieder geval niet blij mee dat ING zo serieus op overnamepad is. En je hoort over Shell. Ook daar worden rijkelijk cadeaus uitgedeeld. De topman komt zijn belofte van historisch veel teruggeven aan aandeelhouders na met een inkoopprogramma van 3,5 miljard euro aan eigen aandelen. See omnystudio.com/listener for privacy information.

250502PC: Die Klimaaktivistin und Ökofeministin redet uns ins GewissenMensch Mahler am 02.05.2025Wenn wir in Deutschland über die Folgen der Klimakatastrophe hierzulande reden, ist das ein laues Lüftchen gegenüber dem, was die nigerianische Klimaaktivistin und Ökofemnistin Adenike Titilope Oladosu zu berichten hat.Der Klimawandel zerstört das Leben und die gewachsene Kultur in Afrika. Dürren und Überschwemmungen machen es fast unmöglich, Landwirtschaft mit Ertrag zu betreiben. Adenike schildet auf dem Kirchentag in Hannover den Alltag von Mädchen. Bis zu 6 Stunden am Tag sind sie unterwegs, um Wasser zu holen bzw. zu suchen. An einen Schulbesuch ist nicht zu denken. An Erwerbsarbeit auch nicht. Zum einen, weil sie keine Zeit dafür haben und zum anderen, weil das Land den Männern gehört und Frauen keine Rechte haben. Häufig werden Mädchen schon unter 10 Jahren verkauft, damit der Brautpreis den Familien das Überleben sichert. Das Land ist durch die Ölwirtschaft ruiniert. Die Lecks der Pipelines machen die Böden kaputt. Der allgegenwärtigen Ruß führt zu Erkrankungen – vor allem Kinder sind betroffen. Eudenike kämpft unentwegt auf Klimakonferenzen, in nationalen und internationalen Foren und mit zahlreichen Publikationen vor allem für die Rechte der Mädchen und Frauen – und für einen Wandel in der Klimapolitik auch in Afrika. Aber solange die Gelder von den Öl- und Gas-Multis kommen, ist an ein Weiterkommen fast nicht zu denken. Die nigerianische Aktivistin fordert deshalb, dass Exxon, Shell, Total und wie die Multis alle heißen, endliche von den Verhandlungstischen der Klimakonferenzen verbannt werden. Und dass die Klima-Killer-Staaten, allen voran China, endlich zur Kasse gebeten werden, um die Opfer zu entschädigen. Aber: wieviel ist ein Menschenleben wert, das durch die Klimakatastrophe gar nicht stattfinden konnte? Wenigen gelingt die Flucht – nicht weil sie weg wollen, sondern weil sie weg müssen um zu überleben. In den Ländern, die maßgeblich Schuld an der Misere tragen, sind sie nicht willkommen. Diese Stimme aus Afrika hat mich kleinlaut gemacht. Ich habe die wahren Opfer der weltweiten Klimapolitik kennengelernt. Hosted on Acast. See acast.com/privacy for more information.

John is a Stanford guy, but not Wall Street. He has spent his entire career in the real world solving the biggest problems facing the largest companies.Problems like how to win, grow sales, and improve the stock price. He has driven value across diverse industries: Consulting, Technology, Industrial, Retail and Transportation.But he no longer works for McKinsey, HP, Exxon, AutoZone or GM. Now he works for you!And he applies that problem-solving, creativity, and corporate background to decide how to best invest your assets. It would be an honor, if people would consider him a money manager.On a personal note, he is married with 3 children. He is the 7th of 9 children in an extended family where everyone still gets along. They were raised by faithful parents who taught strong values, including that they are all part of a greater family of brothers and sisters. He served a 2-year full-time mission in the Netherlands & Belgium to help share that message.Learn more: http://www.stellar-assets.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-john-wright-cfa-chief-investment-officer-of-stellar-assets-discussing-investing-in-individual-equities

Twenty years ago, Big Oil companies like Shell and Exxon were the stars of the capital markets. Huge revenues, stellar profits, high share prices, robust price/earning ratios and reliable dividends placed these companies among the world's best, magnets for top engineering talent and voices of influence in the halls of governments globally. But no more. They lost the market leadership crown to the digital giants, including Apple, Microsoft, Amazon, and Google. Oil and gas concerns are still market leaders as measured by revenue, but not by other measures of value. The gap now is so vast it's hard to imagine how they might ever regain their market positioning. And now the digital companies are stretching into energy for their data centers, but not yet clean liquid energy, which creates the opportunity. In this podcast I set out several steps the industry can take to recapture its former glory.  ⚒️ Additional Tools & Resources

John is a Stanford guy, but not Wall Street. He has spent his entire career in the real world solving the biggest problems facing the largest companies.Problems like how to win, grow sales, and improve the stock price. He has driven value across diverse industries: Consulting, Technology, Industrial, Retail and Transportation.But he no longer works for McKinsey, HP, Exxon, AutoZone or GM. Now he works for you!And he applies that problem-solving, creativity, and corporate background to decide how to best invest your assets. It would be an honor, if people would consider him a money manager.On a personal note, he is married with 3 children. He is the 7th of 9 children in an extended family where everyone still gets along. They were raised by faithful parents who taught strong values, including that they are all part of a greater family of brothers and sisters. He served a 2-year full-time mission in the Netherlands & Belgium to help share that message.Learn more: http://www.stellar-assets.com/Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-john-wright-cfa-chief-investment-officer-of-stellar-assets-discussing-investing-in-individual-equities

Nadat Prosus maaltijdbezorger Just Eat Takeaway overnam, dreigt nu hetzelfde te gebeuren bij het Britse Deliveroo. De Amerikaanse concurrent DoorDash wil het bedrijf kopen voor dik 3 miljard euro. Doordash is in de VS al de grootste, maar wil met de inlijving van Deliveroo ook z'n positie in Europa verder uitbouwen. Maar doe je er wel verstandig aan om de eeuwige nummer 2 te kopen? Tegelijk is het een mooi moment om te kijken of beleggers in Just Eat wel een eerlijke prijs krijgen. Of komen die er bekaaid vanaf? En niemand had dat gedacht: het oer-conservatieve ExxonMobil dreigt nog groenere praatjes te krijgen dan de 'Jesse Klaver' onder de oliebedrijven. Eerder deed ExxonMobil al dat duurzame gedoe nog af als een 'schoonheidswedstrijd', die klimaatverandering niet zou stoppen. Ook waarschuwt Klaas Knot dat zijn laatste ECB-vergadering 'echt een ingewikkelde' wordt. Verfmaker AkzoNobel staat op het punt om de grootste overname in jaren te doen. En Apple raakt steeds verder op achterstand in China.See omnystudio.com/listener for privacy information.

Nadat Prosus maaltijdbezorger Just Eat Takeaway overnam, dreigt nu hetzelfde te gebeuren bij het Britse Deliveroo. De Amerikaanse concurrent DoorDash wil het bedrijf kopen voor dik 3 miljard euro. Doordash is in de VS al de grootste, maar wil met de inlijving van Deliveroo ook z'n positie in Europa verder uitbouwen. Maar doe je er wel verstandig aan om de eeuwige nummer 2 te kopen? Tegelijk is het een mooi moment om te kijken of beleggers in Just Eat wel een eerlijke prijs krijgen. Of komen die er bekaaid vanaf? En niemand had dat gedacht: het oer-conservatieve ExxonMobil dreigt nog groenere praatjes te krijgen dan de 'Jesse Klaver' onder de oliebedrijven. Eerder deed ExxonMobil al dat duurzame gedoe nog af als een 'schoonheidswedstrijd', die klimaatverandering niet zou stoppen. Ook waarschuwt Klaas Knot dat zijn laatste ECB-vergadering 'echt een ingewikkelde' wordt. Verfmaker AkzoNobel staat op het punt om de grootste overname in jaren te doen. En Apple raakt steeds verder op achterstand in China.See omnystudio.com/listener for privacy information.

Nadat Prosus maaltijdbezorger Just Eat Takeaway overnam, dreigt nu hetzelfde te gebeuren bij het Britse Deliveroo. De Amerikaanse concurrent DoorDash wil het bedrijf kopen voor dik 3 miljard euro. Doordash is in de VS al de grootste, maar wil met de inlijving van Deliveroo ook z'n positie in Europa verder uitbouwen.

David Dietze, chief investment strategist at Dietze Wealth Management Group discusses any significant dips in the market should be bought. He also shares the rationale behind some of his current stock picks including Intel, Pfizer, Exxon. He also any significant dip should be bought. See omnystudio.com/listener for privacy information.

Ein deutsches Staatsunternehmen kauft trotz Ukrainekrieg russisches Gas, das Volumen hat zuletzt sogar zugenommen. SPIEGEL-Redakteurin Susanne Götze erklärt, wie die Deals ablaufen und wie sich das Bundeswirtschaftsministerium verhält. Sagt uns, wie euch Shortcut gefällt. Hier geht's zur Umfrage. »SPIEGEL Shortcut« – Schneller mehr verstehen. Wir erklären euch jeden Tag ein wichtiges Thema – kurz und verständlich. Für alle, die informiert mitreden wollen. Neue Folgen von Shortcut gibt es von Montag bis Freitag auf Spiegel.de, YouTube und überall, wo es Podcasts gibt. Links zur Folge: Die sibirischen Gas-Deals eines deutschen Unternehmens Wie sicher sind die norwegischen Erdgaspipelines? Russische Propaganda: Putins heilige Röhre ► Host: Regina Steffens ► Redaktion: Kolja Fach ► Redaktionelle Leitung: Dirk Schulze, Martin Sümening ► Produktion:Kim Höbel ► Postproduktion: Natascha Gmür, Christian Weber ► Musik: Above Zero ►►► Lob, Kritik, Themenvorschläge? Schreibt uns: hallo.shortcut@spiegel.de+++ Alle Infos zu unseren Werbepartnern finden Sie hier. Die SPIEGEL-Gruppe ist nicht für den Inhalt dieser Seite verantwortlich. +++ Den SPIEGEL-WhatsApp-Kanal finden Sie hier. Alle SPIEGEL Podcasts finden Sie hier. Mehr Hintergründe zum Thema erhalten Sie mit SPIEGEL+. Entdecken Sie die digitale Welt des SPIEGEL, unter spiegel.de/abonnieren finden Sie das passende Angebot. Informationen zu unserer Datenschutzerklärung.

Tech Bro NonsenseFormer Google CEO Tells Congress That 99 Percent of All Electricity Will Be Used to Power Superintelligent AIbillionaire tech tycoon and former Google CEO Eric Schmidt comments to the House Committee on Energy and Commerce: "What we need from you is we need the energy in all forms, renewable, non-renewable, whatever. It needs to be there, and it needs to be there quickly.""Many people project demand for our industry will go from 3 percent to 99 percent of total generation... an additional 29 gigawatts by 2027 and 67 more gigawatts by 2030. If [China] comes to superintelligence first, it changes the dynamic of power globally, in ways that we have no way of understanding or predicting.”Meta Says It's Okay to Feed Copyrighted Books Into Its AI Model Because They Have No "Economic Value"In the ongoing suit Richard Kadrey et al v. Meta Platforms, led by a group of authors including Pulitzer Prize winner Andrew Sean Greer and National Book Award winner Ta-Nehisi Coates, the Mark Zuckerberg-led company has argued that its alleged scraping of over seven million books from the pirated library LibGen constituted "fair use" of the material, and was therefore not illegal.Meta's attorneys are also arguing that the countless books that the company used to train its multibillion-dollar language models and springboard itself into the headspinningly buzzy AI race are actually worthless. Meta cited an expert witness who downplayed the books' individual importance, averring that a single book adjusted its LLM's performance "by less than 0.06 percent on industry standard benchmarks, a meaningless change no different from noise." Thus there's no market in paying authors to use their copyrighted works, Meta says, because "for there to be a market, there must be something of value to exchange," as quoted by Vanity Fair — "but none of [the authors'] works has economic value, individually, as training data." Other communications showed that Meta employees stripped the copyright pages from the downloaded books.Tellingly, the unofficial policy seems to be to not speak about it at all: "In no case would we disclose publicly that we had trained on LibGen, however there is practical risk external parties could deduce our use of this dataset," an internal Meta slide deck read. The deck noted that "if there is media coverage suggesting we have used a dataset we know to be pirated, such as LibGen, this may undermine our negotiating position with regulators on these issues."Lauren Sánchez in Space Was Marie Antoinette in a Penis-Shaped RocketKaty Perry Boasts About Ridiculous Rocket Launch While NASA Is Scrubbing History of Women in Space“It's about a collective energy and making space for future women. It's about this wonderful world that we see right out there and appreciating it. This is all for the benefit of Earth.”Last month, the Orlando Sentinel first reported, NASA scrubbed language from a webpage about the agency's Artemis missions declaring that a goal of the mission was to put the first woman and first person of color on the Moon; just a few days later, NASA Watch reported that comic books imagining the first woman on the Moon had been deleted from NASA's website.A webpage for "Women at NASA" is still standing, but pictures of women and people of color — astronauts, engineers, scientists — have reportedly been removed from NASA's real-world hallways amid the so-called "DEI" purge. Per Scientific American, the word "inclusion" has been removed as one of NASA's core pillars. And as 404 Media reported in February, NASA personnel were directed to remove mentions of women in leadership positions from its website.OpenAI NonsenseOpenAI Is Secretly Building a Social NetworkOpenAI has been secretly building its own social media platform, which The Verge reports is intended to resemble X-formerly-Twitter — the social media middleweight owned by CEO Sam Altman's arch-nemesis, Elon MuskOpenAI updated its safety framework—but no longer sees mass manipulation and disinformation as a critical riskOpenAI said it will stop assessing its AI models prior to releasing them for the risk that they could persuade or manipulate people, possibly helping to swing elections or create highly effective propaganda campaigns.The company said it would now address those risks through its terms of service, restricting the use of its AI models in political campaigns and lobbying, and monitoring how people are using the models once they are released for signs of violations.OpenAI also said it would consider releasing AI models that it judged to be “high risk” as long as it has taken appropriate steps to reduce those dangers—and would even consider releasing a model that presented what it called “critical risk” if a rival AI lab had already released a similar model. Previously, OpenAI had said it would not release any AI model that presented more than a “medium risk.”Saying 'please' and 'thank you' to ChatGPT costs OpenAI millions, Sam Altman saysBeing nice to your AI chatbot requires computational power that raises electricity and water costsAltman responded to a user on X (formerly Twitter) who asked how much the company has lost in electricity costs from people being polite to their models: “Tens of millions of dollars well spent — you never know,” the CEO wrote.AI models rely heavily on energy stored in global data centers — which already accounts for about 2% of the global electricity consumption. Polite responses also add to OpenAI's water bill. AI uses water to cool the servers that generate the data. A study from the University of California, Riverside, said that using GPT-4 to generate 100 words consumes up to three bottles of water — and even a three-word response such as “You are welcome” uses about 1.5 ounces of water.Antitrust NonsenseTrump DOJ's plan to restructure Google hurts consumers, national security, says exec: 'Wildly overbroad'Kent Walker, Google's president of global affairs: "We're very concerned about DOJ's proposal. We think it would hurt American consumers, our economy, our tech leadership, even national security. The proposed reform from DOJ "would result in unprecedented government overreach that would harm American consumers, developers, and small businesses — and jeopardize America's global economic and technological leadership at precisely the moment it's needed most."8 revelations from Mark Zuckerberg's 3 days on the witness stand in Meta's antitrust trialThe FTC alleges Meta "helped cement" its illegal monopoly in the social media market with its acquisition of Instagram and the messaging app WhatsApp more than a decade ago.8 revelations:Antitrust worries surfaced years agoTwo years before the FTC initially sued Meta over allegations that it violated US competition laws, Zuckerberg considered breaking Instagram out into its own company to avoid potential antitrust scrutiny, according to a 2018 internal email revealed by the government at trial."I wonder if we should consider the extreme step of spinning Instagram out as a separate company," Zuckerberg wrote in the email to company executives. "As calls to break up the big tech companies grow, there is a non-trivial chance that we will be forced to spin out Instagram and perhaps WhatsApp in the next 5-10 years anyway." If a break up were to happen, Zuckerberg wrote, history showed that companies could end up better off.Asked about this view at trial, Zuckerberg said, "I'm not sure exactly what I had in mind then."A 'crazy idea' to boost Facebook's relevanceZuckerberg's "crazy idea" for Facebook in 2022 involved purging all users' friends. The CEO — fearful that Facebook was losing cultural relevance — made the proposal in a 2022 email to the social network's top brass."Option 1. Double down on Friending," Zuckerberg wrote in the message. "One potentially crazy idea is to consider wiping everyone's graphs and having them start again."Sheryl Sandberg wanted to play Settlers of CatanZuckerberg once offered to give Sheryl Sandberg, the former COO of Meta, a tutorial in the board game Settlers of Catan.The lesson offer came up in 2012 messages in which the two discussed the fresh $1 billion purchase of Instagram, partially redacted missives presented by the FTC during Zuckerberg's testimony showed."We would love it. I want to learn Settlers of Catan too so we can play," Sandberg told Zuckerberg in the message. He responded: "I can definitely teach you Settlers of Catan. It's very easy to learn."Meta's rivalry with TikTok has only just begunDuring his testimony, Zuckerberg hammered home Meta's argument that the tech giant faces massive competition from other apps, especially TikTok."TikTok is still bigger than either Facebook or Instagram," Zuckerberg testified. "I don't like it when our competitors do better than us. You can sort of bet that I'm not going to rest until we are doing quite a bit better than we are doing now.”Facebook Camera app struggles were a source of worryInstagram's early rise shook Zuckerberg. As his company struggled to mount its response with the Facebook Camera app, the CEO began to lose his patience."What is going on with our photos team?" Zuckerberg wrote in a 2011 message to top executives, as revealed by the FTC in court. Zuckerberg then described a number of individuals, whose names were redacted, as being "checked out." He added another person didn't want "to work with this team because he thinks this team sucks."In May 2012, Facebook launched a photo-sharing app called Facebook Camera, which aims to make it simpler for the social network's users to upload and browse photos on smartphones. Only weeks after Facebook spent $1 billion on a similar photo-sharing app called Instagram. Zuckerberg tried to buy Snapchat for $6 billionZuckerberg's failed bid to buy Snapchat was highlighted by the government to bolster its argument that Meta sought to maintain its dominance in the social media market through acquisitions rather than competition.Facebook isn't really for friends anymoreWhile under questioning by the FTC, Zuckerberg said that Facebook had greatly evolved since he launched the platform more than 20 years ago and that its main purpose wasn't really to connect with friends anymore.The FTC argues that Meta monopolizes the market for "personal social networking services.""The friend part has gone down quite a bit," Zuckerberg testified. He said the Facebook feed has "turned into more of a broad discovery and entertainment space."Not impressed by WhatsApp cofounderZuckerberg wasn't too impressed with one of WhatsApp's cofounders after a 2012 meeting he had with company leadership."I found him fairly impressive although disappointingly (or maybe positive for us) unambitious," Zuckerberg wrote in an email to colleagues after the meeting, it was revealed at trial.Jan Koum and Brian Acton cofounded WhatsApp in 2009. Zuckerberg said in his testimony that he thinks he was referring to Koum. Asked about his email, Zuckerberg seemed uneasy. He said that Koum was clearly smart but that he and Acton were staunchly opposed to growing their messaging app enough to be a real threat to Facebook. Zuckerberg would go on to buy WhatsApp in 2014 for $19 billion.Mark Zuckerberg's Meta Platforms adds former Trump advisor to the board days before an antitrust showdown with the FTCMeta Platforms is further boosting its lineup of heavy hitters with the additions of Stripe CEO Patrick Collison and Dina Powell McCormick to the mix. Powell McCormick was the former Deputy National Security Advisor to President Donald Trump during his first term. Married to Republican Senator Dave McCormick, former CEO of Bridgewater Associates, one of the world's largest hedge fundsStakeholder/shareholder activism NonsenseBP suffers investor rebellion at first AGM since climate strategy U-turnBP suffered an investor rebellion on Thursday after facing shareholders for the first time since abandoning its climate strategy at a meeting marred by protest.About a quarter of shareholders (24.3%) voted against the chair, Helge Lund, which marked the first time in at least a decade that more than 10% of BP's shareholders voted against the re-election of the chair.The outgoing chair told shareholders that the company had “pursued too much while looking to build new low-carbon businesses” but that “lessons have been learned”.BP's CEO Murray Auchincloss (2.7% against), repeated his previous claim that BP's optimism in the global green energy transition was “misplaced”, and that the board's “one simple goal” was to “grow the long-term value of your investment”.Mark Van Baal, the founder of the green activist investor group Follow This, said shareholders had “made it clear that weakening climate commitments is unacceptable”. He added: “This historical result serves as a wake-up call to BP's board and emphasises investor expectation for robust governance mechanisms and genuine leadership on ESG issues.”Starbucks CEO faces major backlash after details of his work routine are revealed: 'Ill-conceived decision'A press release from the National Center for Public Policy Research reported on the hypocrisy of Starbucks CEO Brian Niccol's transportation practices when considering the company's public commitment to eco-friendly practices.Niccol travels regularly from his home in Newport Beach, California, to Starbucks' headquarters in Seattle, Washington, via private jet. Each 2,000-mile round-trip commute releases nearly nine tons of carbon dioxide.The National Center for Public Policy Research's Free Enterprise Project's director Stefan Padfield pointed out the discrepancy of policy and practice during his presentation of Proposal 8 requesting an annual report on emissions congruency. He noted that each round trip made by Niccol "is roughly the annual energy-consumption footprint of the typical American household."This analogy paints a vivid picture of the hypocrisy between Starbucks' public environmental commitments and the practices of the CEO. Gaps are apparent. Target CEO Cornell meets with Sharpton to discuss DEI rollback as civil rights leader considers boycottCEO Brian Cornell met with the Rev. Al Sharpton in New York on Thursday as the retailer faces calls for a boycott and a slowdown in foot traffic that began after it walked back key diversity, equity and inclusion programs, the civil rights leader told CNBC Wednesday.The meeting, which Target asked for, comes after some civil rights groups urged consumers not to shop at Target in response to the retailer's decision to cut back on DEI. While Sharpton has not yet called for a boycott of Target, he has supported efforts from others to stop shopping at the retailer's stores.“You can't have an election come and all of a sudden, change your old positions,” Sharpton told CNBC in a Wednesday interview ahead of the meeting. “If an election determines your commitment to fairness then fine, you have a right to withdraw from us, but then we have a right to withdraw from you.”IBM Informs Staff of DEI Retreat as Trump-Era Scrutiny GrowsEmployees were told of the changes earlier this week, in a memo that cited “inherent tensions in practicing inclusion.” Legal considerations and shifting attitudes to DEI were among the factors for the company. IBM CEO Arvind Krishna discussed the changes in his monthly video update to employees Thursday.Anti-DEI activist Robby Starbuck said he first contacted the company in February to question its policies. IBM confirmed it discussed its changes with Starbuck.The company (-10% gender influence gap) also disbanded a diversity council that represents the views of employee groups as part of its reevaluation.Exxon Faces No Shareholder Proposals for First Time in 25 YearsThe absence of requests in Exxon's proxy statement comes a year after the company sued two climate-focused investors to remove what it described as their “extreme agenda.” It also tracks with the US Securities and Exchange Commission's decision to back guidelines that make it easier for corporations to block votes on shareholder resolutions at their annual meetings.Exxon said in a statement late Monday that it received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company.”Occidental Petroleum Corp., Valero Energy Corp. and Dow Inc. are other companies with no shareholder proposals up for vote at this year's annual meetings.Exxon said this year marks “the first time in recent history that our proxy includes zero proposals from activists.” It was just four years ago that a small fund scored a victory over Exxon, placing three directors on the company's board.Climate activist shareholder group Follow This pauses big oil campaignClimate activist shareholder group Follow This said on Thursday a lack of investor appetite has forced it to suspend its nearly decade-long campaign seeking stronger commitments from major oil and gas producers to emission cutsHarley-Davidson slams activist investor, saying its campaign is messing up its CEO searchIn early April, H Partners' Jared Dourdeville, who had been a Harley director since 2022, abruptly resigned from the board, saying among other things that Harley had “cultural depletion” because of its work-from-home policies and the exit of several senior leaders. And that was not his only point of contention with the rest of the board.Investment firm H Partners, a major investor with 9.1% of Harley's shares, in an open letter filed on Wednesday, urged fellow shareholders to remove three longtime directors from Harley's eight-member board at its annual meeting in mid-May by withholding votes for them. H Partners said the board had not held Harley CEO Jochen Zeitz accountable for what it called his repeated “strategic execution failures” and “severe underperformance.”CEO/Chair Zeitz (2007, 30%)Lead DIrector Norman Thomas Linebarger (2008, 13%)Sara Levinson (1996, 20%)"We believe Mr. Zeitz, Mr. Linebarger, and Ms. Levinson should be held accountable for the destruction of shareholder value,"Harley's bylaws stipulate that directors who win less than 50% of votes in an election must tender their resignations.Harley announced last week that Zeitz, CEO since 2020 and board member for 18 years, would resign but stay in his role until a successor is found. H Partners wants him out now.That followed a letter issued a day earlier by Harley-Davidson, which accused H Partners of “publicly campaigning” against it and saying that those efforts are also “adversely impacting the CEO search process and ongoing execution of the Hardwire strategic plan,” referring to a turnaround plan it launched in 2021.Harley said that it began a CEO search late last year after Zeitz expressed interest in retiring and has interviewed three potential CEOs, including one supported by Dourdeville, but declined to offer any the job. The company has also said that Dourdeville had cast only one vote against the majority during his time as a director and that as recently as November 2024 he had expressed support for Zeitz.Harley-Davidson faces board fight from H Partners amid calls for CEO to exit soon

In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner discuss key energy topics, including the rise of Russian LNG exports despite EU efforts to phase it out, the implications of seized Russian assets and the U.S. gaining leverage over the EU, and the recent $8 billion loss in U.S. clean energy projects. They also touch on the U.S. military's strike on a Houthi oil port, the recent surge in U.S. LNG exports, and the potential for BP to merge with other energy giants like Chevron or Exxon, amid challenges posed by U.K. regulatory policies. They also highlight the broader geopolitical energy landscape, focusing on Iran, China's economic struggles, and future energy market shifts.Highlights of the Podcast 00:00 - Intro02:15 - To Be or Not to Be – Russian LNG Revisited04:34 - Here's How Gas Pipelines & Seized Russian Assets Could Give The US Lots Of Leverage Over The EU07:05 - Clean Energy Projects in the United States have been lost in the wind to the tune of $8 Billion – But how much cheaper will be our electricity?12:16 - U.S. Conducts Its Deadliest-Known Recent Strike on Houthi Oil Port14:24 - US LNG exports climb to 34 cargoes18:44 - Markets Update23:41 - Rig Count Update24:48 - Energy Oil giant BP is seen as a prime takeover target. Is a blockbuster mega-merger in the cards?29:18 - OutroPlease see the links below or articles that we discuss in the podcast.To Be or Not to Be – Russian LNG RevisitedHere's How Gas Pipelines & Seized Russian Assets Could Give The US Lots Of Leverage Over The EUClean Energy Projects in the United States have been lost in the wind to the tune of $8 Billion – But how much cheaper will be our electricity?U.S. Conducts Its Deadliest-Known Recent Strike on Houthi Oil PortUS LNG exports climb to 34 cargoesEnergy Oil giant BP is seen as a prime takeover target. Is a blockbuster mega-merger in the cards?Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –

Early this year American energy giant Chevron expressed interest in exploring for hydrocarbons in Greek waters off the coast of the Peloponnese. Just a few weeks ago, it expressed new interest in areas south of Crete. This vote of confidence is not only raising questions about what potential discoveries could mean for Greece and Europe, but are also delivering an important win for international law as they essentially “kill” the illegal Turkish-Libyan accord. John Psaropoulos joins Thanos Davelis as we look into why energy giants like Chevron and Exxon are looking at Greece, and break down why Chevron's moves south of Crete are a victory for international law.John Psaropoulos is an independent journalist and Al Jazeera's correspondent in southeast Europe. He also publishes Hellenica, a weekly deep dive into Greek current affairs and history that you can find on Substack.com.You can read the articles we discuss on our podcast here:Gas interest off Crete kills Turkish-Libyan accord EU once denounced as “illegal"Greece to repay first bailout loans by 2031, 10 years earlyErdogan's main rival in Turkey makes first court appearance since arrest

While the Idiots are off enjoying Spring Break, Kaity takes us on a special trip back in time to uncover the hidden VIP lounges of EPCOT's past. Before Club 33 and DVC spaces, there were secret spots tucked inside Future World pavilions—exclusive to employees of corporate sponsors like Siemens, Exxon, and GE. From the high-tech Explorer's Lounge in Spaceship Earth to the executive retreat in Horizons, these lounges offered unique perks, from AR mirrors to private ride access.Join us for this deep dive into a forgotten era of EPCOT history, and don't worry—the Idiots will be back next week with a brand-new original Imagineering project!Send us a textSupport the showDon't forget to check us out on Instagram and our website!

In this episode of the Age of Adoption podcast, host Keith Zakheim welcomes Duncan Meisel, Executive Director of Clean Creatives, an organization challenging PR and advertising agencies to reject fossil fuel clients. Drawing from his background in climate NGO communications, Duncan has pioneered a global movement to eliminate ties between creative agencies and fossil fuel companies. The conversation explores how Clean Creatives provides a pledge for agencies and brands, targets those working with polluters, and confronts the conflicts of interest that arise when agencies serve both sustainability-focused clients and fossil fuel companies simultaneously.Despite current political headwinds facing climate initiatives, Duncan maintains an optimistic outlook grounded in planetary urgency and market fundamentals. He highlights how twice as much capital now flows into renewable energy compared to fossil fuels, and emphasizes that engagement typically increases during challenging political climates. For businesses navigating the climate transition, Duncan stresses the importance of focusing on material climate impacts that directly affect bottom lines—like insurance companies losing advertising revenue due to climate disaster—and building strategic plans that position organizations for success when the pendulum inevitably swings back toward climate action.Duncan Meisel, Executive Director of Clean Creatives, leads a global movement challenging advertising and PR agencies to cut ties with fossil fuel companies through their industry pledge system. Drawing from his background in climate NGO communications at organizations like 350.org, Duncan identifies how agencies serve conflicting interests when representing both sustainability-focused brands and fossil fuel clients. In this episode, he reveals the concerning "climate doomer" mentality among many agency professionals working with polluters and explains how Clean Creatives connects the dots between climate impacts and business consequences—like State Farm's $8 million Super Bowl ad cancellation due to climate disasters while their agency also represented Exxon. Despite current political headwinds, Duncan maintains that planetary urgency and strong market fundamentals, including twice as much capital flowing to renewables versus fossil fuels, provide reasons for optimism in the climate transition. Based in Austin, Texas, Duncan has been recognized as one of Adweek's Young Influentials and PRovoke Media's Innovator 25.In This Episode: (00:00) Introduction - Duncan Meisel of Clean Creatives(03:39) Duncan explains Clean Creatives' mission and fossil fuel pledge(07:44) Discussion of agency conversations and rationalizations for fossil fuel work(11:06) Brand perspective on agencies with fossil fuel clients(14:42) Duncan shares his Age of Adoption story amid political challenges(18:07) Clean Creatives' tactical focus on materiality and real impactsShare with someone who would enjoy this topic, like and subscribe to hear all of our future episodes, send us your comments and guest suggestions!About the show:  The Age of Adoption podcast explores the monumental transition from a period of climate tech research and innovation – an Age of Innovation – to today's world in which companies across the economy are furiously adopting climate solutions - the Age of Adoption. Listen as our host, Keith Zakheim, CEO of Antenna Group, talks with experts from across the climate, energy, health, and real estate sectors to discuss what the transition means for business and society, and how corporates and startups can rise above competitors to lead in this new age. Access more curated content on the subject by visiting, www.ageofadoption.com.This podcast is brought to you by Antenna Group, an award-winning integrated marketing, public relations, public affairs and digital agency that partners with the world's most exciting and disruptive companies across cleantech, mobility, real estate, healthcare, and emerging B2B tech sectors. Our clients are transformational and distinguished corporations, startups, investors, and nonprofits that are at the bleeding edge of the Age of Adoption. Visit antennagroup.com to learn more.Resources:Duncan Meisel LinkedInClean Creatives WebsiteAntenna GroupAge of Adoption WebsiteKeith Zakheim LinkedIn

Join Michelle Martin on her tour of markets! Host Michelle Martin and Ryan Huang discuss Trump’s sweeping tariffs sparking global sell-offs. We track the fallout from Wall Street to Seoul — and why BYD is climbing as Kia feels the heat. We dive into the steep losses suffered by Nasdaq, S&P 500, Dow, and fintech names like Affirm and PayPal. Plus, a look at new IPOs in Singapore and Gulf Development’s rocky debut. We also explore winners like Frasers Centrepoint Trust and CapitaLand Integrated Commercial Trust - and wrap with a delicious debate on the great croissant boom. Plus: new IPOs on SGX, Exxon’s outlook, and the croissant takeover of NYC! See omnystudio.com/listener for privacy information.

AI is transforming oil and gas, but not all AI is created equal. Many companies have wasted millions on failed AI projects, chasing optimization without real breakthroughs. But what if AI could think like a scientist—applying physics and chemistry to accelerate decision-making and innovation? In this episode, TC Zoboroski, Head of Sales for Energy at NobleAI, explains how their science-based AI is reshaping everything from production forecasting to molecular design. Unlike traditional generative AI, which relies on pattern recognition, NobleAI operates on scientific principles, enabling faster, more accurate results for R&D, product development, and enhanced oil recovery. TC shares fascinating use cases where AI has cut R&D timelines from decades to months, optimized drilling decisions, and even created new chemical formulations in real-time. We also discuss why AI skepticism is still strong in oil and gas, how to overcome it, and why AI should be seen as a force multiplier, not a job threat. About the Guest TC Zoboroski is the Head of Sales for Energy at NobleAI, a company specializing in science-based artificial intelligence for industries like oil & gas, materials science, and biotech. With a background in technology and experience at Halliburton, Dell, AWS, and Exxon, TC brings deep insight into how AI can bridge the gap between traditional energy challenges and cutting-edge digital solutions. Connect with TC and NobleAI:

Apart from Real Estate, there are many private placement vehicles to invest in, including Oil and Gas, pre-IPO companies, and many others. Some of these opportunities are less well known, but present higher returns than commercial real estate. Marshall Sykes, Founder and Owner of Capitano Investing Group, has been involved in over 20 syndications across multiple asset classes. After some initial wins, and some crucial lessons in Multifamily, and as an ex-Exxon executive, much of Marshall's current focus is on the lucrative oil and gas sector with existing wells and proven production. 

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley explore key energy developments, including President Trump's potential impact on energy projects, particularly in Democratic states, and the continued fossil fuel investments by BP, Shell, and Exxon despite underwhelming returns from green energy. They highlight Alaska's efforts to restore oil and gas leasing, with support from Native Alaskan tribes, and the geopolitical dynamics shaping global energy markets. The hosts also discuss upcoming tariffs, their potential effects on trade imbalances, and how they might influence the energy sector. The episode wraps up with insights on oil market trends and expectations for President Trump's upcoming announcements.Highlights of the Podcast00:00 - Intro02:20 - Why the Rubio Ceasefire Plan is DOA Part 8: The BLUF and the Overview of the Next Tranche of Papers05:05 - BP, Shell, and Exxon Signal One Thing: Oil Isn't Going Anywhere07:20 - Trump admin considers killing big energy projects in Dem states11:04 - Alaskan Tribes ‘Applaud' Interior's Move To Restore Oil And Gas Leasing13:04 - Trump's Trade Tactics Are Driving New LNG Deals16:42 - Markets Update18:38 - Rig Count Overview18:53 - Energy trader Vitol eyes $3 billion sale of US shale producer, sources say20:11 - OutroPlease see the links below or articles that we discuss in the podcast.Why the Rubio Ceasefire Plan is DOA Part 8: The BLUF and the Overview of the Next Tranche of PapersBP, Shell, and Exxon Signal One Thing: Oil Isn't Going AnywhereTrump admin considers killing big energy projects in Dem statesAlaskan Tribes ‘Applaud' Interior's Move To Restore Oil And Gas LeasingTrump's Trade Tactics Are Driving New LNG DealsFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –

Er gaat gi-gan-tisch veel geld naar de aandeelhouders van Shell. Miljarden aan dividend, miljarden aan de opkoop van eigen aandelen én er worden miljarden bespaard. Shell trekt alles uit de kast om beleggers te paaien. 'Historisch veel', zegt het er zelf over. Allemaal om de beurskoers op te pompen. Deze aflevering kijken we naar de strategie van Shell. Heeft het echt zin om zoveel geld uit te geven? Wordt Shell daarmee net zoveel waard als de Amerikaanse concurrent Chevron? En hoe ver moet (en kan) het bedrijf gaan om dat doel te bereiken? Wordt het geen obsessie? De aandeelhouders van Shell zijn blij, die van Tesla wat minder. De verkopen van Tesla in Europa zijn niet incidenteel gekelderd, maar nu al meerdere maanden op rij. Het lijkt meer op een boycot, wat de kopzorgen van topman Elon Musk vergroot. Kopzorgen waren er ook onder Europese beleggers. Heffingenkoorts hadden sommige. Ze dumpten hun Europese aandelen, vanwege de importheffingen waarmee Trump ze bestookte. Maar de koorts lijkt inmiddels wat weg te ebben. Valt de handelsoorlog dan toch mee? Ook hoor je meer over KPN. Daar mogen werknemers zélf bepalen wanneer ze op vakantie gaan. We hebben het over een beursgang van een bedrijf waar een van onze vrienden van de show werkt én je leert meer over Warren Buffett. Hij deelt flink uit. See omnystudio.com/listener for privacy information.

On this day in 1989, an Exxon supertanker crashes, causing an oil spill which is now considered to be one of the worst in U.S. history. The supertanker, known as the Exxon Valdez, was owned and operated by the Exxon Corporation when it crashed on a reef in southern Alaska. Learn more in today's KTAR timeline brought to you by Beatitudes Campus.   

Send us a textOil and gas investments can be a goldmine — but only if you know how to navigate the complexities. In this episode, Vinki Loomba sits down with expert Courtney Moeller to discuss strategies, risks, and the unique tax benefits of investing in this lucrative yet volatile sector.Key Takeaways:The State of the Oil and Gas Market: Despite political shifts and the “drill baby drill” mindset, Courtney explains why major oil operators aren't ramping up production anytime soon. Infrastructure improvements are key before drilling can truly expand.Tax Benefits of Oil and Gas Investments: Unlike other asset classes, oil and gas offers powerful tax incentives, including massive depreciation (up to 85% in the first year) and a depletion allowance that can save investors thousands in taxes.Navigating Market Volatility: Oil prices are inherently volatile, but there are ways to mitigate risk. Courtney suggests focusing on projects with low break-even prices and working with experienced operators who can optimize production based on market conditions.The Role of Due Diligence: Just as in real estate, thorough due diligence is critical in oil and gas. Whether partnering with major companies like Exxon or smaller operators, vetting the track record and history of operators is essential to a successful investment.Mitigating Risks: While dry holes and market fluctuations pose risks, investing in mineral rights or partnering with experienced operators can reduce the likelihood of total loss and ensure long-term returns.

Dominic Chu and the Investment Committee debate the setup for stocks following the Dow's worst week in a year. Plus, the desk discusses the latest Calls of the Day on Netflix, Exxon and Diamondback Energy. And later, we hit some Committee stocks on the move today.  Investment Committee Disclosures

Het is de belofte van bedrijven zoals Shell: als we op Wall Street een notering hadden, dan hadden beleggers veel meer geld voor ons over gehad. Dat blijkt helemaal niet zo te zijn, ontdekte de Financial Times. Die volgden tal van Europese bedrijven die naar Wall Street trokken en zagen in de helft van de gevallen de waardering zelfs dalen. En meer aandacht zit er in de VS ook niet in. Bedrijven kregen namelijk ook niet meer analisten die hen gingen volgen na hun verhuizing. Waar die mythe van de hogere koersen in de VS vandaan komt, dat vertellen we je in deze uitzending. Dan hebben we het ook over de onzekerheid op de beurs. Die hakte er afgelopen cijferseizoen flink in. Beleggers reageerden een stuk heftiger dan normaal op de kwartaalcijfers van bedrijven. De reden voor die onzekerheid is het beleid van Donald Trump, die iedere dag iets anders roept. En met die onzekerheid is het nog lang niet gedaan, denkt ook de OESO. Die ziet de wereldeconomie het komende jaar zelfs stagneren. Verder hoor je over Klarna. De papieren zijn ingeleverd bij de toezichthouder, dus de stap naar Wall Street komt eraan. Volgens Bloomberg mikt het uitgesteld-betaalbedrijf op een waardering van 15 miljard dollar. En we ontvangen een nogal betreurende boodschap van Ferrari. Steeds meer leeftijdsgenoten zijn klant bij de autobouwer, want ondertussen is 40 procent van het klantenbestand van Ferrari onder de 40. Uithuilen kan bij ons, want wij weten al zeker dat wij daar nooit toe gaan behoren.See omnystudio.com/listener for privacy information.

My guest for Episode #524 of the Lean Blog Interviews Podcast is John Willis, an accomplished IT management expert with over 45 years of experience. His extensive body of work includes contributions to Deming's Journey to Profound Knowledge and co-authoring The DevOps Handbook. See video, transcript, and more Hosts a podcast that I was recently on, "Profound." John focuses his current research on DevOps, DevSecOps, IT risk, modern governance, and audit compliance. Over the course of his career, he has sold companies to Docker and Dell, and he played a foundational role at Opscode (now Chef). In addition, John founded Gulf Breeze Software, an award-winning IBM business partner recognized for its successful deployment of Tivoli technology for enterprise clients. He has authored six IBM Redbooks on enterprise systems management and served as the founder and chief architect of Chain Bridge Systems. Altogether, John has written more than 11 books and launched over 10 startups, cementing his reputation as a significant innovator in the IT industry. In this episode, the discussion navigates the intersection of lean principles, agile methodologies, and Deming's philosophies as they apply to modern IT and operations. John delves into how systems thinking, profound knowledge, and psychological safety underpin effective incident management and cybersecurity practices. The conversation explores practical challenges and the proactive strategies necessary for integrating legacy improvement methods with today's cloud innovations and infrastructure as code. Throughout the episode, John examines the real-world application of these timeless principles, offering listeners actionable insights into continuous improvement and risk management. He highlights the importance of questioning established norms and embracing complexity to drive operational excellence, providing a compelling roadmap for navigating the evolving digital landscape. Questions, Notes, and Highlights: Could you share your origin story regarding Lean and continuous improvement--specifically, what you learned during your early years at Exxon? How have you seen Deming's principle of eliminating fear put into practice in IT and entrepreneurial settings? Is the phenomenon you described established fact or more of a hypothesis? How can we confirm or measure the validity of that knowledge? Why do you consider cyber terrorism one of today's most significant threats? This podcast is part of the #LeanCommunicators network. 

Big earnings moves are shaking up the market! This episode dives into the biggest stock swings of the week, from Nvidia's jaw-dropping revenue growth to Salesforce's post-earnings dip. Traders are scrambling to figure out if these moves signal buy-the-dip opportunities or if more downside is ahead.

IntroductionLIVE from your ESG and DEI Teeth Bleaching Kit, it's a Business Pants Friday Show here at February 21st Studios, featuring AnalystHole Matt Moscardi. On today's weekly wrap up: Canada still cares, Rupert Murdoch knows how to text, the illusion of meritocracy, and an important new announcement from YouTubeOur show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.Story of the Week (DR):ESG Week MMBlackRock and Vanguard halt meetings with companies after SEC cracks down on ESGBlackRock resumes stewardship talks after reviewing new ESG guidanceProxy vote support for ESG drops to record low in 2024Clarification: ShareAction analyzed how 70 of the world's largest asset managers voted on 279 ESG shareholder resolutions during the 2024 proxy voting season:In 2024, only four (1.4%) out of the 279 resolutions we assessed received majority support, less than half of the percentage that gained a majority vote in 2023 (3%), and far lower than the 21% which passed in 2021.This is reflected in an ongoing downward trend in the average percentage support that these resolutions received, which was 20.6% in 2024 compared to 40% in 2021.Vanguard, the world's second largest asset manager, performed the worst of all the managers we assessed, voting in favour of 0% of shareholder proposals.Top 26 all in Europe1 GenAM (Italy) 982 BNP Paribas Asset Management (France) 973 PGGM Investments (Netherlands) 9728 Federated Hermes (top in US) 80BlackRock at #67 with a score of 5; Vanguard to out of 70 with a 0.Tesla Targeted With Worldwide Protests, Vandalism Tesla showrooms are being hit by a wave of anti-DOGE protestsSheryl Crow says goodbye to her Tesla and donates to NPR: 'You have to decide who you are willing to align with'Sign That Says “We Hate Him Too” Appears in Window of Tesla DealershipEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"Jesse Rothstein, DOL's chief economist at the start of the Obama administration: "This is going to be very, very bad."James Murdoch lays bare his relationship with ‘misogynist' father amid succession fight in rare interviewThe interview, published in the Atlantic, reveals James Murdoch, now 52, regarded his father, now 93, as a “misogynist” and described Fox News as a “menace” to US democracy.A series of “withering questions” put to James by Rupert's lawyer in a nearly five-hour session at a Manhattan law office. According to the Atlantic, the questions included:“Have you ever done anything successful on your own?”“Why were you too busy to say ‘Happy birthday' to your father when he turned 90?”“Does it strike you that, in your account, everything that goes wrong is always somebody else's fault?”The lawyer also referred to James and his sisters as “white, privileged, multibillionaire trust-fund babies”.James realised Rupert, who was seated silently, was texting the questions to the lawyer. “How fucking twisted is that?” he asks Coppins.UnitedHealth's rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three monthsUnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs and faces sharp criticism from billionaire Bill Ackman.It extends a tumultuous period for its parent company, UnitedHealth Group, marked by the killing of a top executive, a costly cyberattack against its subsidiary and high medical costs.The Department of Justice has launched a civil fraud investigation in recent months into UnitedHealth's billing practices for its Medicare Advantage plansThe probe specifically examines whether diagnoses were routinely made to trigger extra payments in those plans, including at physician groups the insurer ownsGoodliest of the Week (MM/DR):DR: Canadian banks must reveal diversity of board, top managers under new rulesCanadian banks and other national institutions have to disclose information about the diversity of their boards of directors and top management under new rules published on Saturday, in sharp contrast with the U.S. Trump administration which is ending such practices.Federally regulated financial institutions must also disclose policies to increase diversity while sending out notices of annual meetings to shareholders."Investors lack transparent and standardized information on the representation of women, Indigenous peoples, persons with disabilities and members of visible minorities in senior leadership positions … Diversity is fundamental to creating a thriving and successful financial sector that reflects Canadian values."DR: DEI is good for our business, Coca-Cola saysIn an annual filing, the company said its business could be adversely affected if it was "unable to attract or retain specialized talent or top talent with diverse perspectives, experiences and backgrounds."DR: REVERSAL: Trump rescinds DOT approval for NYC congestion toll, condemns city to pollutionDR: REVERSAL: Amazon workers reject union in vote at North Carolina warehouseOf the 3,276 ballots cast, there were 2,447 votes opposing the union and 829 in favor, according to the National Labor Relations Board.CAUSE was founded in 2022 by RDU1 employees Mary Hill and Rev. Ryan Brown to voice concerns about the company's response to the Covid pandemic, which they viewed as inadequate. The group sought to organize RDU1 to boost wages and secure longer breaks.Starting pay at RDU1 is $18.50 an hour. CAUSE has pushed to negotiate for wages of $30 an hour.Unions have enjoyed increasing support across the country, with 67% of Americans saying they approve of labor unions, according to Gallup.North Carolina had the lowest union membership rate in the country last year, with only 2.4% of workers in the state represented, according to the BLS.MM: NASA Has Some Good News About The Asteroid That Could Hit EarthMM: Finally, a future lawsuit against return to office mandates is here: Afternoon Naps Boost Your Problem-Solving, Study Finds110 minute nap!!MM: What's in that drink? Starbucks becomes less Instagrammable. MM DRAssholiest of the Week (MM):Meritocracy, the new buzzword DRExxon Swaps 'Diversity' for 'Meritocracy' in Report to InvestorsAccording to our data, ONE of Exxon's TWELVE directors meets relatively unimpeachable “merit” measures: advanced knowledge of the industry, network power, economic interest in the company, performance (earnings and TSR) at any company board they sit on, and CEO or leadership positions in the past.The ONE member that hits three of the five is Kaisa Hietala, who was a dissent director put there by Engine No 1 in an activist voteHere's why merit's missing: 7 of 12 directors are white menThere are no people of color anywhere except the two twofers - the woman born in Egypt who lived in Texas her whole life and was part of Trump 1.0, and the black guy on three other boards?Our data shows on average black women have more merit on paper than any other cohortNew plan: companies need to announce “increased meritocracy targets” - increasing the number of employees, executives, and directors meet meritocracy requirements by 2050The result will be: 100% of every company is black womenYou're welcomeIt's your job, assholeBoeing CEO praises Elon Musk for helping with the delayed Air Force One delivery: 'He's a brilliant guy'Your literal job is to build that thing for a client - imagine if we developed sucky director data, then said we hired ISS to build it because, “they're better at it!”Investors - you elected this board, this fool, and it's your money - is your job as owner the company to keep on a board and management team that needs help to do its basic job?Just a reminder: Ohio AG sued Boeing's board for safety failures - they can't keep their planes safe, they can't build new planes, they can't figure out how to deal with their employees… and the lowest vote against wasn't for prior CEO Dave Calhoun, it was for the guy who chaired the safety committee… for one year!Ohio voted FOR THEM ALLWhat it was always aboutThe worst version of fuck, marry, kill… fuck anyone with a vagina since you're a middle school boy, marry money, and kill… peopleAn Influencer Says She Had Elon Musk's Baby and the Drama Is Pretty Spectacular, Even by His StandardsElon Musk has a problem with X's Community Notes when he disapproves of the resultsElon Musk Is Flagrantly Gutting an Agency in Charge of Regulating TeslaTesla recalls more than 375,000 vehicles due to power steering issueHeadliniest of the WeekDR: Zuckerberg's New Metaverse Ad Is So Bad That the People Who Created It Must Be Secretly Trying to Embarrass HimMM: YouTube picked a new shade of red for its logo because the old red was too red - because the old color, hex code #FF1B1B was super loud and diverse, they made it a less diverse woke red, hex code #EB2F3BWho Won the Week?DR: NYC pollutionMM: Investor Relations Teams: BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG. BlackRock resumes stewardship talks after reviewing new ESG guidance. Not said but implied: “don't worry, we totally can't actually do stuff now, we're just talking here”PredictionsDR: Robbie Starbuck sues Coca-Cola because color of Coke is “too DEI”MM: Apple, prior to their upcoming meeting, sues Inspire Investing and Wayne Franzten, who copy pasted a shareholder proposal submitted by Bowyer Research, the company propped up by ISS, to Deere for a meeting in the same week. The lawsuit is on the grounds that Wayne Franzten doesn't exist (the only search result for his name is the Apple proposal, not even in voter records or political donation or real estate records can I find him - and this is his ONLY shareholder proposal in our database EVER), and on the grounds that a religious investor cannot sue on the grounds of financial materiality since Jesus said, “Children, how hard it is to enter the kingdom of God! It is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.” | Mark 10:24b-25 and “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.” | Luke 12:13-15, which means churches are anti-shareholder value.

Bonus Episode for Feb. 19. President Trump wants to slash regulations to help big energy companies. But he also wants to see the price of crude oil fall, an unwelcome prospect for companies such as Exxon and Chevron . In their latest quarterly earnings reports oil giants watched their annual profits dip as a result of anemic natural-gas prices and slimmer margins in their refining operations. Now, many are trying to prepare for far less favorable market conditions and more strategy shifts ahead.  Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies' earnings reports and analyst calls to find out what's going on under the hood of the American economy. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In April of 1992, Exxon executive Sidney Reso left for work like he did every day.  When his car was discovered running in his driveway, the police and FBI were called.  They quickly began an investigation into Sidney's disappearance, which they learned was an abduction.  After cooperating with the kidnappers and getting together the 18.5 million dollar ransom though, the kidnappers began to make sporadic contact, often days and weeks between phone calls.  This lasted for 51 days before a break which led the kidnappers right to the FBI, and we ultimately found out what happened to Sidney Reso.  Want access to our first 45 episodes? Grab em here! We've made them available for free to anyone who signs up! Remember, these episodes were recorded when we had no idea what we were doing, so just keep that in mind. The audio isn't the quality we would want to put out now, but the cases are on point! Visit killerqueens.link/og to download and binge all the archived episodes today! Hang with us: Follow Us on Instagram Like Us on Facebook Join our Case Discussion Group on Facebook Get Killer Queens Merch Bonus Episodes Support Our AMAZING Sponsors: Fay Nutrition: Listeners of Killer Queens can qualify to see a registered dietician for as little as $0 by visiting FayNutrition.com/QUEENS.  Hungryroot: Go to hungryroot.com/queens and use code QUEENS to get 40% off your first box and a free item of your choice for life! Orgain: For 30% off your order, head to Orgain.com/QUEENS30 and use code QUEENS30.  Adore Me: For bra and panty sets for as low as $19.95, head to AdoreMe.com. © 2025 Killer Queens Podcast. All Rights Reserved Audio Production by Wayfare Recording Music provided by Steven Tobi Logo designed by Sloane Williams of The Sophisticated Crayon Learn more about your ad choices. Visit megaphone.fm/adchoices

Andy Leyland (@andyleyland1 on X) is the founder and MD of Supply Chain Insights (@insights_SC on X). Supply Chain Insights is a leading advisory firm on all things related to the lithium ion battery supply chain.Topics:State of the LIB supply chainChina vs the rest of the worldBattery demand growth in 2025Korea's bet on the USIs LFP "the answer" for North America?President Trump and critical metalsMarket "reset" or "new normal"CATL's lepidolite restartPrice in 2025 and beyondThe incentive price for western projectsContracts: the latest trendsThe cost curveConversion projects ex ChinaThe change industry structure (Rio, Exxon, etc)The futures market

Scott Wapner and the Investment Committee discuss the big tech trade as Alphabet, Amazon and Apple all under pressure today. Plus, Joe Terranova details more of his JOET rebalance. And later, the Committee discuss the latest Calls of the Day on Exxon and Robinhood. 

Email Us:dbahnsen@thebahnsengroup.comwill@calpolicycenter.orgFollow Us:@DavidBahnsen@WillSwaim@TheRadioFreeCAShow Notes:Julie Hamill: @hamill_lawCalifornia Justice CenterExxonMobil sues Rob Bonta over defamation campaignRob Bonta gives back more fraught campaign fundsSeneca Scott: @SenecaSpeaks21What's next in the Oakland FBI corruption case? Barbara Lee officially launches campaign for Oakland mayor“If we do not change course, we will be roughly $115 million negative. We have already breached into our emergency reserve.”

Lesley Logan dives into financial independence with Steve Selengut. Discover actionable insights on managing your portfolio, minimizing risks, and building income-producing investments. Steve shares decades of expertise to help you achieve financial security and freedom.If you have any questions about this episode or want to get some of the resources we mentioned, head over to LesleyLogan.co/podcast. If you have any comments or questions about the Be It pod shoot us a message at beit@lesleylogan.co. And as always, if you're enjoying the show please share it with someone who you think would enjoy it as well. It is your continued support that will help us continue to help others. Thank you so much! Never miss another show by subscribing at LesleyLogan.co/subscribe.In this episode you will learn about:The meaning of income independence and why it matters.Breaking down portfolio basics for beginners.How to use diversification to minimize financial risks.The value of income-producing investments like dividends and bonds.Why emotional decision-making can hinder financial growth.How to vet financial advisors and ensure alignment with your goals. Episode References/Links:Steve Selengut's Website - https://theincomecoach.netRetirement Money Secrets by Steve Selengut - https://a.co/d/caqcgnTVetting An Investment Advisor - https://beitpod.com/articleGuest Bio:Steve Selengut is a 40+ year professional investment manager, advisor, RIA, and IAR who now coaches both individuals and fellow advisors on creating what he calls “income independence.” He wrote Retirement Money Secrets, his second book, which uses a conversation-style narrative to guide readers from chasing market value to building sustainable portfolio income. A former private investment manager for 44 years, Selengut personally oversaw around 325 individual portfolios in the U.S. and abroad. Drawing on a “department store” metaphor, he treats each portfolio asset like “merchandise on a shelf,” taking strategic profits while reinvesting for consistent growth. Selengut retired from day-to-day portfolio management in 2022, devoting himself to a coaching practice that frees investors from market-driven stress and uncertainty. He remains one of the few investment authors who have directly managed other people's money. If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox.DEALS! DEALS! DEALS! DEALS!Check out all our Preferred Vendors & Special Deals from Clair Sparrow, Sensate, Lyfefuel BeeKeeper's Naturals, Sauna Space, HigherDose, AG1 and ToeSoxBe in the know with all the workshops at OPCBe It Till You See It Podcast SurveyBe a part of Lesley's Pilates MentorshipFREE Ditching Busy Webinar Resources:Watch the Be It Till You See It podcast on YouTube!Lesley Logan websiteBe It Till You See It PodcastOnline Pilates Classes by Lesley LoganOnline Pilates Classes by Lesley Logan on YouTubeProfitable Pilates Follow Us on Social Media:InstagramThe Be It Till You See It Podcast YouTube channelFacebookLinkedInThe OPC YouTube Channel Episode Transcript:Steve Selengut 0:01  It doesn't matter what the stock market is doing. It doesn't matter what interest rates are doing. It won't impact your income, your ability to live your life the way you want to financially. Lesley Logan 0:14  Welcome to the be it till you see it. Podcast where we talk about taking messy action, knowing that perfect is boring. I'm Lesley Logan, Pilates instructor and fitness business coach. I've trained 1000s of people around the world, and the number one thing I see stopping people from achieving anything is self doubt. My friends, action brings clarity, and it's the antidote to fear. Each week, my guests will bring bold, executable, intrinsic and targeted steps that you can use to put yourself first and be it till you see it. It's a practice, not a perfect. Let's get started. Lesley Logan 0:52  All right, Be It babe. Here's the deal. We're gonna talk money. I say it straight up on the interview. It's good stuff. Don't be scared. He is going to say words you may not know or you've only heard of, and you usually nod along when you hear about it, but he doesn't talk nearly as fast as I do, so he's gonna absolutely inform you in the best way about how to manage your retirement, how to not even to your retirement, how to manage your portfolio so that you can retire. This is a whole different conversation than what I've had in the past about money investment. That's a new way of looking at it. Honestly. I've never heard of it before, so I have a lot of, I have, like, notes that I'm like, okay, I gotta go research this. Gotta research this. I already have committed to doing the Be It Action Item. And the reality is, it's like, I want you to have whatever you want in this world, and money isn't a bad thing, right? Shitty people with money can be a bad thing, but you're an amazing person who listens to this podcast. You deserve to have portfolios that support you, so that you can support the people that you love, because I know how generous you are. You know, they actually have proven that when women have money, they actually put it back into the community. They support other people. And so I want you to have as much as you want and more than that, so you can continue to do that and be the amazing person you are and have the impact you want to make on this world. But first, let's educate ourselves. So here is Steve Selengut. Lesley Logan 2:15  All right, Be It babe, we're gonna talk money, and I think I'm just gonna stay it right there. Do not fast-forward, skip this episode. I know no one like money, but we have to talk about money and being it till you see it. If you've ever been like, I just want to be good with money. I'm so excited for our guest today. His name is Steve Selengut and he is actually going to help us, really, he's going to demystify all this stuff that you hear. I mean, we hear negative stuff about the economy, we hear negative stuff about the stock market. And I'm really excited because Steve's going to help us understand not all bad things are bad, and how they can be good, and also how we can really take a charge of our money and our retirements the way he has for so many. So Steve, will you tell everyone who you are and what you rock at?Steve Selengut 2:53  Sure. Thank you. Good to be on your program. My name is Steve Selengut, like you said, and I guess I'll leave it with what I was for about 45 years. I was professional investment manager where I made all the investment decisions for about 135-145 families, and ran about $110 million for them. Our objectives were always to put them in a position where they were, what we used to call it, income independent, that their portfolios generated all the income they needed to get their lives done, whatever that happened to be, whatever they wanted to do, you know, depending on themselves. Now I'm an income coach. I sold my business last May 23. Lesley Logan 3:45  Wow. Steve Selengut 3:45  A little more than a year ago, and started a coaching business. So now I teach people had to do that. I can't actually do it for them anymore, which is fine for me. Fine with me. I look at their portfolios and I try to put them on a path to what I call income independence. And it's something, it doesn't matter what the stock market is doing, it doesn't matter what interest rates are doing, it won't impact your income, your ability to live your life the way you want to financially. Okay? So that, I think that's a big thing. I mean, I've enjoyed being in that situation for a long time, and I know a lot of people are also there, but I also know there are hundreds of people out there that are really, you know, coming towards the end of their career, and they're saying, you know, I don't think I can replace my six figure income from my investment portfolio?Lesley Logan 4:44  Yeah, yeah, no. I mean, that's one of the reasons I like to talk about this. Is because, first of all, so many people aren't taught about investment portfolio. I think the word portfolio might even need to be deconstructed for some of our listeners. And by the way, if that's you, don't be embarrassed. This is not taught in schools. They don't teach this. And I happened to when I was working for a high-end fitness company as a Pilates instructor, my trainer was like, oh, did you get on the 401(k)? And I was like, we have a 401(k)? And he's like, you have to get on there and you should just ask, like, they'll match the max. Just do that. And I was like, okay, that was my money advice in my 20s, was with my trainer at work. And then when I did reach out to someone who could help me, because someone said, oh, this person's helping with me with my portfolio, I was like, okay. I found out after six years of them doing it, that they had me as if I was an 80-year-old. There was no aggressiveness. A snail is more aggressive than what they were with my, so then I got really frustrated, because I'm like, I don't know enough to know that someone's screwing up with my money. And so I think we all would love to be income-independent. But also some people, especially after the pandemic, even though we're several years out now, some people had to rely on their retirement, so they're kind of starting over. So can you, first of all, break down what a portfolio is and then also kind of talk about, if you're someone who's where the income in (inaudible) is so far away, what are some things you need to know or should be thinking about?Steve Selengut 6:11  I can try. A portfolio is really all your investment accounts, your IRAs, Roth IRAs, 401(k)s, speaking of 401(k)s, you'd be surprised how many people don't even realize they're investing in the stock market. 401(k). They just think it's a 401(k) is the investment. But all of those things put together your personal accounts, if you set aside money for your kids already and education stuff like that. That's all part of your investment portfolio. Lesley Logan 6:41  Okay. Steve Selengut 6:41  Doesn't include your fancy jewelry and your cars and your stuff like that. Lesley Logan 6:46  Okay. Steve Selengut 6:46  So there's two types of securities, two general classes of assets that would be in a portfolio, and those are equity-based, where you own an interest in a company that would be a stock. You know? Anytime you want to share a stock, you are an owner of that company. They may not treat you like an owner, but you are. And then there's the other class of securities or securities you're in, mainly because they produce income, and those can also be dividend stocks, which produce some income. Some funds do as well, but what's inside is usually bonds, preferred stocks, mortgages, things of that nature, that are really, they're there. Your main purpose is to get income from them. So the combination of the two, like you alluded to, was, you know, when you're younger, it's okay to have more of an exposure to the ownership side of things, stocks, than when you get to be, you mentioned, those people that are 80, well, I'm only a few, six months away from that. Lesley Logan 7:57  No way. Stop. You guys have to be watching YouTube right now. No way.Steve Selengut 8:01  But, you know, you, at my age, my account still contains 35% in the stock market, but mainly because the kind, the way I invest in the stock market is also in income-producing securities that just happen to be invested in stocks, and the type of securities that I use are not very well known. You'll never find any in your selection universe for a 401(k), for example, but a lot of people have discovered their use in IRAs and things like that, because they're actually managed to produce income and to give it to their shareholders. Whereas stocks, the company's management is there to make a lot of money and to grow its influence and size, not to give a lot of money back to its shareholders. Mutual funds are there to gain market value. That's their primary objective, because people feel good when their bottom line is high. And the same with ETFs, their focus is on growing the market value. The dilemma, as you again, you mentioned the crisis around COVID, when the market really crashed for a couple of months, fortunately or unfortunately, when we get done with this conversation, you will agree with me that if it stayed down longer, it would have been better. You know? So, you know, so that kind of thing happens, but when you're focused totally on market value, that becomes very painful and very scary, because when the market value goes down, you know, that's what you're, what you're all about, whereas in my eyes, when the market value goes down, I recognize that the securities I have are going to pay the same income, irrespective where the market or interest rates are going. So I see it as an opportunity to add to those securities at a lower price, therefore increasing my income percentage.Steve Selengut 8:34  That makes sense to me. Like, you know, someone we work with, they're like, okay, it's an election year. Here's what you can expect. It's gonna go down. It always does. Doesn't matter who's in office, of go down, and then that's when we can invest more, because you can get it for a lower and I was like, oh, okay. Steve Selengut 10:23  Okay, that's, that person has the right mindset, a similar mindset to the one I have as an income investor as so that's what a portfolio is. That's what its content is. And everybody says they talk on radio shows and stuff, but all the uncertainty is way up here. It's so high.Steve Selengut 10:44  Is there ever certainty? Lesley Logan 10:45  I know. Steve Selengut 10:46  There's never, ever certainty. Lesley Logan 10:49  There isn't. I know. And everyone's out there like pretending like the past has certainty in it. If we all looked back at how we're feeling, it was pretty uncertain. I've heard you talk about how a portfolio is a department store or like, a shopping center. Is that what you mean we have these different area, like, different types of things that can go in the portfolio. Is that what you mean by a department store or a shopping center? Steve Selengut 11:13  You're good. Exactly, exactly. You have to, my mindset, I, and I guess we have to realize there are thousands of different types of stocks, all different sectors, healthcare, every different imaginable sector, then there is international. We are, regardless of what anybody tells you, a global economy. You know, we rely on China, even though they're angry at us all the time, and we're the same with them. It's a global economy, and you have to position yourself with this portfolio so that you own a little bit of everything. You have a presence in each place. It's difficult to do if you're just doing individual stocks, because it requires a lot of money to have all those different things, right? But when you use income-focused funds that I use, which are called closed end funds, and we can get into more with what they are, but you can get them in all shapes and sizes, all sectors, all focuses, income or equity. So that's what I use. And like you said, I think of them as merchandise on the shelves in my department store, you know, and I set a target markup which I'm comfortable with that profit, and I'll sell that merchandise because I know I have this unlimited supply of others to replace it with on my shelves. And that's exactly how I do it. I say, okay, I got a 5% markup. That would be nice if you had that in department stores, by the way, instead of 15, a 30% markup, 5% markup, somebody wants to buy it for a 5% profit, I'll take the profit and I'll add something else, and I just do that over and over and over, and I just replace them all, because once you are experienced enough to judge their quality, their amount of risk involved in different types of securities. You get comfortable with this. I call it a selection universe. Lesley Logan 13:10  Yeah.Steve Selengut 13:11  Comfortable to the extent that it doesn't matter which one you use, which product you put back on your shelf.Lesley Logan 13:17  Yeah. And I like the visualization of it, because I think, and you know, you guys, it's okay to hit pause, look something up, you know, and come back to this, because it can be overwhelming. But also, if we think about a department store or a shopping center, no one actually goes to a shopping center that has five shoe departments. They want a shopping center that has, oh, it's got the shoe department, it's got the pro, I'm going there because I can get the grocery, I can get groceries, I can get gas, I can get these things, and so more people are attracted to that. It can do really well, because, in case you don't need shoes, you're still going to the shopping center. There's still going to be something doing well. Am I describing your analogy correctly? Steve Selengut 13:50  Yeah, yeah. And what is the biggest thing that brings you to a shopping center or an individual store? What brings you there? Lesley Logan 13:59  Something you need or. Steve Selengut 14:00  Yeah, but, sale. The sale.Lesley Logan 14:04  The sale. Yes.Steve Selengut 14:05  There's another part of this analogy, when prices are down their bargains, the same stock market. When the price of Microsoft goes down as short a time as that thing's been in business, unlike Exxon or some of the other healthcare companies, every time it's gone down in price, it's always been an opportunity to buy it and then to be able to sell it. Most people don't sell. Lesley Logan 14:30  Yeah. We can get into that. So you mentioned risk, and I think, like one of the things that makes it difficult for some people, some listeners, to kind of get involved in their portfolios more is like the idea that you don't know enough to know what you're doing. Steve Selengut 14:48  Right. Lesley Logan 14:48  And also to kind of learn, you said, you should get experience with the risk of it, the experience could cost you money. And I think some of us, going back to certainty, were like, ah, I have this money, though. So I would just rather hold on to this than "lose" because if we go off of what you've said, if we actually stick with what is known is that the longer you're in there, it always ends up up guys. So it's almost feels like you're learning on your own dime, and you can lose a lot of money. And I think people get scared.Steve Selengut 15:17  That's the way. That's true of most people's entry into the marketplace, and when they get started, and that's a lot of what eventually leads them to a financial advisor to help them with that, especially when the size of their investment gets bigger, and it's scarier if you were to lose it, like, you know, oh my God, as you get older, how am I going to rebuild if I get these losses. In the book that I wrote after I sold my business, it's called Retirement Money Secrets, it spends a lot of time on six principles of investing, and four of them are risk minimization tools. When you're looking at a security, it doesn't matter if it's one of those regular stocks in the New York Stock Exchange or on any of the markets. You're looking at any security, you want to judge its quality. You want to come up with a way of determining what its quality is. And what I look at is things like, how long it's been in business. Is it profitable? Does it pay me a dividend as an owner? I mean, the chief executives getting $12 million a year. If I'm not getting the dividend, that doesn't seem right to me. I'm an owner. Lesley Logan 16:30  Yeah. Steve Selengut 16:30  I'm paying his salary, theoretically. Lesley Logan 16:33  Yeah. Steve Selengut 16:33  So that type of thing. So there are things you can look at to determine the quality. How long it's been in business is a big one. Then the next one is diversification. When I set up a portfolio, even if AI is crazy hot right now, you don't want a portfolio that's all in AI. I mean, Buggy Whips used to be the biggest thing, you know, years ago. So, you know, you just, so you have to diversify. Yeah, I have AI, but I also have everything else. So diversification is a second way to minimize your risk. The third way is to make sure everything you own pays you income. There's two reasons for that. First, you deserve it, and secondly, it's a clear way of knowing if there's something wrong with the company. No corporation wants to cut their dividend, that's why they're so reluctant to start paying dividends in the first place. But what if something happens? They have to cut it. It's a sure sign that they're in trouble. So that's why we want to have something that pays a dividend, because we want to know when they get in trouble. And if they cut their dividend, they can't keep it from us. And it's the same with bonds and things like that. They have to pay that regular interest every six months, and if they don't, everybody's going to sue them and they're going to be gone. So income is a very important thing for that and for the fact that you then have the wherewithal to take advantage of opportunities in the market, because you have income coming in, many people make the mistake of automatically reinvesting their income into the same securities. It's a big mistake, because then they don't have that luxury of having money that they can put back into Microsoft when it goes down, or put back into Exxon when it goes down, that type of thing, or pay a bill, buy Christmas presents, whatever. Those are the big three. And then the fourth one, and this is where most people fail miserably. It's a function of emotions. They fall in love with securities that go up in price. They just totally fall in love. They get convinced, I'm just going to keep adding to this one and adding to this, always goes up. It's wonderful. It's so green on my whole portfolio looks beautiful because this one security, or these three securities, are up so much. But then they go down. Then you have a COVID, then you have a dotcom bubble. Were you?Lesley Logan 19:05  Oh, I was around. I wasn't investing. I was alive. But I do remember, I do remember the year where the Super Bowl commercials were all dotcom commercials, and they were terrible. They were awful. And then when they and then they collapsed, and everyone was pissed, yes.Steve Selengut 19:21  Well, I remember the first Super Bowls when Green Bay was, the very first ones.Lesley Logan 19:27  Oh, the very first Super Bowls. There was no ad.Steve Selengut 19:29  My first, my first market correction, big one, was the crash of '87th. You know, it's interesting about the crash of '87 because it wasn't AI and it wasn't high-tech, but it was the first time when they started using computers in the stock exchanges. In the very, very old days, you never had a day where, where a million shares were traded in one day. The Dow was, I don't even know, was at 1000 back in '87 you know? But what happened was they started to put in these programs where people could trade on like a signal would come off, you know, this one went down that triggers a cell. And to me, I was pretty certain little I knew about automation, but it was just a computer loop, because if you you say, okay, you're going to sell, it goes to this level, and everybody sells. And then the mob hears about it, and they start to sell. It goes to the next level, the next level, next level. Lesley Logan 20:29  Right. Steve Selengut 20:30  And it was across the board. Everything was down. It wasn't just tech, it wasn't just this everything. Lesley Logan 20:36  It was just that, you know how the birds, like, they take off, they all fly together. It's kind of like everyone kind of goes, oh shoot. I must, everyone freaks out the same time, because somebody like. Steve Selengut 20:46  Everybody freaks out the same time. And that's how the stock market, everybody does freak out at the same time. Lesley Logan 20:51  Well, that's how the depression was. Everyone went to the banks to take somebody out at the same time.Steve Selengut 20:56  Run on the bank, right? Yeah, those days there was no protection. Lesley Logan 21:00  Yes. Steve Selengut 21:00  You didn't have all those controls and protections that we have now in our bank accounts and our.Lesley Logan 21:06  I just listened to an episode about Sam Bankman-Fried of how did he do what he did? And like, people lost their life savings. And whenever I hear of them, I'm like, you put all of your life savings in one thing? Like, not that you're deserving. No one is deserving of that. But also, I'm just like you put your life savings in one thing? And what's interesting is, whoever took over, they've actually been able to replenish and pay people back, which I think is amazing that they're very lucky. But I love that you brought up these different risk minimizers, because it does mean, like, things can go up and things can go down, and you're gonna be okay. But there's a part of my brain, and that is like the listener in here, going, how much time does this take every day? Because, how much time do I have? Because if I have a job and I've got, like, if someone wants to be it until they see it and be in charge of all these things, how much time do they need to spend on looking at their portfolios, or do you suggest they don't?Steve Selengut 22:01  Oh yeah, no, absolutely. If you're going to run your own portfolio, you better be there to, you can, well, there's two ways of looking at it. There's two streams of income that you can have in investments. The one is the regular distributions, bonds, stocks, whatever pay. And you get that on a regular basis, and maybe once a month, you see how much your cash position is, and you decide what to reinvest it in. So you can be pretty passive with it. And that's one stream of income. And right now in closed-end funds, I mean, even in those that are invested in the stock market, this is what I'm talking about, the spreadsheet with all these things on it. There's 100 of them that I look at and that I own that are yielding over 99% and they've all been tested for, like, quality diversification income, and I do the profit-taking myself. But if you could have a diverse portfolio like this made up of diverse portfolios themselves, you can be very passive, if you choose to. And you know, the income is going to come in at 9% and let's say you've got a million dollars. So that's what 90 grand a year you're going to make. Is that going to be enough for you? You make that decision, you know? So if it is, yeah, you can be as passive as you want to be, but then you have somebody like me who hasn't quite seen all of the world yet, and I'm determined that, while I can still walk, I'm going to see the world, the whole world. So I need more than just that base income is what I call as base income. Yeah, I need more than that, and I know how to get that, because I'm looking, I know how the market works, but I don't know when things are going to happen, because nobody does, but it's a cyclical beast, right? I mean, if you think back and you look at a chart, you can see that it goes up and down and up? Lesley Logan 24:01  Yeah. Steve Selengut 24:02  Highs and lows are not predictable, but you can tell if you're at a higher level or at a lower level, right? You can just look where you are. So depending on where you are, how I do my decision making, I buy less of things if the market is high, I buy more of them if the market is low. Lesley Logan 24:22  Got it. Steve Selengut 24:22  I'm looking to sell more when the market is high. I'm looking to buy more when the market, so all those things go into my thinking. Lesley Logan 24:30  I like that you pointed out based on what you want to make from your investments, can determine the level of your participation in it? Steve Selengut 24:42  Yes, exactly. So with me, I want I set these targets on my profits, just like my store, if it's just looking at the income, you're more like a bank with a very high level of earnings on the savings in the bank. You got this diversified portfolio spitting out all this income. You you don't need to do much except reinvest it selectively. But I want more than that. So what I want to do is I'm going to look at my prices, and if I have somebody comes into the store and I get my 5% markup, or even a 2% you know, when prices are down, I'll take it, and that builds up my capital every time I make a couple bucks. That way I can also reinvest it, add new securities, add to existing securities, and increase my level of income. Lesley Logan 25:34  Yeah. Steve Selengut 25:34  So for example, like right now, when you have an account statement like a fidelity or Schwab, they give you every month they tell you your estimated income for the next 12 months is this, so I know how much mine is for the next 12 months, but I also know that so far as of today, I've made nearly five months additional income by trading the securities in my account. So that tells me, Sandie, if you want to go to Japan next year, yeah, no problem.Lesley Logan 26:08  Yeah. I know, Sandie is your partner. And also, have you seen you can go on a two-year long around the world cruise? I already looked. It has internet, so you could totally do what you're doing. You can see the whole world. My husband and I did the math, because I was like, well, how much does this, I heard the price, which can sound like a lot, but I was like, well, just divide it by. Steve Selengut 26:28  200,000 something like that. Lesley Logan 26:30  Yeah, yeah. So then you divide it by like, 24 months, or whatever it is, and you're like, it wasn't much more than my mortgage.Steve Selengut 26:37  It's a whole lot cheaper than doing it the way I have, by individual trips. You know, a week in Southeast Asia, two weeks in Australia and in separate times. You know, when you're going here, if we added up all that we'd spent, going to all these places we better be a whole lot more than that.Lesley Logan 26:53  I know. I told them. I said, okay, I don't know if we'll ever not have dogs, because I don't know if I could leave my pet for two years. But if we ever got to a place where we had no pets, even if I've seen the place already, what a cool way to spend two years of your life. I hope you do that. I guess my next question for you is just, if someone's feeling overwhelmed, they're with you. They're like, okay, this guy, Steve, he gets it. I understand most of the words he's saying. I'm sure most people don't realize that they're like, stocks could just like income-produce for them on top of what they're already doing, where do they start? How do we take the overwhelm off?Steve Selengut 27:26  Okay. Well, you know how they say there's an app for that? Lesley Logan 27:30  Yes. Steve Selengut 27:30  There's a book for that. Lesley Logan 27:31  Okay. Steve Selengut 27:32  And that's why I wrote the book. It's a conversation between, really, my wife and I and this couple we meet on one of our trips in Amsterdam, and they've come into this trip by selling a chunk of their assets to fund the trip and we've come into it by paying a couple months income to do it. And we talked about how we got from A to B, and how they can get from where they are to where we are without really changing anything, because most people have the same securities in their model portfolios or their funds, or whatever they have in their 401(k)s, and these closed in funds that I have that deal in equities pretty much own the same things. It's just the focus of the managers of the fund are in line with my interest. My interests are income production. So I have these guys, hundreds of them, working directly for me, right? Because they're running these portfolios and they're giving me income, and then I am selling their poor souls every now and then for profits, but, you know, I buy them right back again soon, not immediately, but eventually. So that's the thing. You got to educate yourself. Like you said, in this country, most people come out of high school, they can't even balance a checkbook. They come out of college, and they don't have a clue unless they're majors, right? But there are certainly many books that you can read. I know the textbooks that I read in college, and I did take business courses, so yeah, I knew a little bit. You can learn about what stocks and bonds are. I mean, some of the people that are listening to you and I talk today don't know the difference between one and the other, or what they mean, what you know they're and that's unfortunate. You got to know that. You really need to know that before you can say to somebody, I'm going to trust you to manage my money. You don't know what he's doing. You've got to know and you've got to give him some direction. You've got to tell him, I'm not particularly concerned if you buy a stock that goes up and makes me a lot of money, unless you actually capitalize on that, because when it goes down, you don't look so smart anymore, you know? Lesley Logan 29:49  Yeah, I find it fascinating the idea of doing it myself, and also like I'm not in that place of my life where I'm there yet. So I've educated myself to a place where I ask questions of my person and they have to know them. And. I've been really impressed with this person I've worked with recently because no stuttering, definitely had it, got me the information, did better than the things that I asked. And the more I educate myself, the more questions I have. So every meeting we have, and he'll meet with me as much as I want, I'm like, okay, I have more questions that you're still securing your job, because I'm learning more. And so until I am able to do it myself, and that day will come, I just have a lot going on my own business, and I want to make sure that something is happening. But it is true, we have to educate ourselves, and we can't be scared of it. And I love that your book is like a conversation, because I think that that takes the overwhelm off. I read The Psychology of Money a couple years ago, and that was really helpful information from that guy, because he was just like, hey, the type of person you have to be to make a lot of money is not so good at keeping it. And he explained that. I was like, oh, that's very fascinating information. You know? Steve Selengut 30:55  Interesting. That's interesting. The education, the learning what you do, the amount of time you spend again will depend on back to where we were. How much money you really want to make. If you could be happy with this amount of money. Fine. Otherwise, you have to do other things. You have to take charge and trade those things to make really significant. And I mean, really significant.Lesley Logan 31:16  Yeah, I'm really excited for what you're doing, your book and stuff like that, because I do think that people need to hear what's possible. I also worry about people who are just relying on their 401(k) or their IRA. I think it's nice and it's important, but also it might not be enough, especially because we're living longer, thankfully, we're living longer and hopefully healthy. But that doesn't always mean so. Things happen all the time. There are disasters that are outside of your control, and so I do kind of worry about people. So I think educating people like you do, having you on it, is really important, because being it until you see it, you could have all these dreams of being this amazing boss who owns this awesome company, but at the same time, there's money behind everything comes back to that money. It's the energy that fuels things, and so having an understanding of how it works and different ways you can work it, I think it's so cool. I've never heard of something. I've never heard of it. I've never dove deep on the idea of the income producing, like getting those dividends, and using that as a measuring stick in that way. I mean, it's obvious once you said it, but it's not something I thought abou because I just thought, well, I want to be aggressive. I want the money to grow. I want these things. But also, like, how cool that you coach on that income-producing investment. Steve Selengut 32:32  What would you say your income is in your portfolio?Lesley Logan 32:36  Right now? (inaudible) What's it produced in the last month? Or what's it valued at right now? Steve Selengut 32:43  No, no. Market value doesn't matter. Lesley Logan 32:45  Okay, then I don't know that answer today. I have a meeting next week. Steve Selengut 32:48  Right. Most people don't ask that, and most people who have advisory people, and normally an advisor is getting about 1.5% not him personally, but the company that he works for. So when I used to tell people when I was managing their money, I was telling them that I would make it a point to make more in profits each year than they were paying me in fees. That was the objective as far as that goes. I'm taking care of the fees by making you actual more capital to replace it. I wrote an article recently about vetting an investment advisor. Lesley Logan 33:29  Cool. Steve Selengut 33:30  And that was one of the things that I said, you know? Number one is look at his portfolio first and if what he's got you in is not in his personal portfolio, find out why. I mean, your objectives may be different, but if your stuff sounds more speculative than his stuff, you don't want to take advice from somebody who doesn't have as much money as you do. Lesley Logan 33:52  Yeah. Steve Selengut 33:52  So the young guy just getting started, he's not the one you want as your financial advisor. And I learned that quick when I started, because I had my first two clients to get started with. I don't think I got another client for six or eight months, you know. So there are things to do when you're with your advisor, and one of the things is, take a look at his portfolio, make him assure you that he will take at least enough profits to pay his fees, and that he will produce at least 4% in income on your portfolio. And why do I say 4% because if you ask for advisors as you approach retirement, the key number is you'll have to use 4% of your market value each year to pay your expenses in retirement, unless you're like you and I, where we're going to make enough money while we're working that it's going to provide more than the amount we were making when we were working. Lesley Logan 33:52  Yeah, yeah. Steve Selengut 33:53  That's our objective. Lesley Logan 33:54  Yeah. Steve Selengut 33:54  But normally, people are going to spend about 4% of their market value. So since you're telling me that that's what's going to happen, I want you to make me at least 4% so that means you're going to make me 4% plus one and a half percent every year in income. You can grow the portfolio with the rest of the portfolio all you want, but that's the income I want you to start producing now.Lesley Logan 35:22  I like this, okay, that article you wrote, I would love to link to it, or you can, you know, put it behind a lead magnet. I think it's such a cool way for people to be armed with that because they don't have that information.Steve Selengut 35:34  It's on LinkedIn. Lesley Logan 35:35  It's on LinkedIn. Steve Selengut 35:36  It's on my profile or my articles. Lesley Logan 35:38  Okay, cool, cool. Steve Selengut 35:39  It's the last article I wrote. Lesley Logan 35:41  We will link to your LinkedIn for sure. We're going to take a brief break, and then we're going to find out where people can find you, follow you, work with you and your Be It Action Items. Lesley Logan 35:49  All right, Steve, where do you hang out? LinkedIn, sounds like and you said you advise people or you coach them. How can people connect with you? Steve Selengut 35:56  Theincomecoach.net I have two Facebook groups. One is called The Retirement Income Independence Coach and the other one is called Closed End Funds for Retirement Income and Equity Trading.Steve Selengut 36:05  Cool. You are busy for someone who is retired. Steve Selengut 36:14  Yeah, right. I get that a lot. I'm busier now schedule-wise than I was when I was managing money, because that was a, you know, couple hours in the morning, couple hours in the evening. Now it's all day long, with podcasts, writing a book, coaching, meetings and so on. Lesley Logan 36:33  And speaking of your book, Retirement Money Secrets, where can people order that? Can they get it wherever books are sold? Can they get it at your website? Where should they (inaudible)? Steve Selengut 36:33  Wherever books are sold, they can get it. The audiobook is only available on Amazon. All the other forms can be gotten anywhere. Lesley Logan 36:39  Yeah, well, you guys, it's money. You should probably read it instead of listen to it, because you want to be able to highlight, research, all that stuff. Amazing. Okay, you've given us a ton of amazing stuff already. But for the person who is ready to take some action, bold, executable, intrinsic, targeted steps people can take to be it till they see it. What do you have for us? Steve Selengut 37:06  Bold execution things is the one that I just asked you to do. Take a look at your portfolios and look at the actual income production, where it says dividends received this year or amount you can expect to receive this year with the portfolio just as it is, and see what that is as a percentage of your portfolio. And then the second action thing is, either yourself or your advisor approach them and say, I want that number to be about between four and 5%.Lesley Logan 37:06  I love it. I'm gonna take you up on that before I even do this recap, because I have a meeting with my advisor. So already scheduled. It's to go over, it's to go over my rest of my year. And am I supposed to be spending a little bit of money? Am I supposed to be investing in a certain way? How can I make that tax write off a little bit different? So I got a big meeting. I'm going to add this to it. I know that, especially for those of you who are over 40, you've got a lot going on. It can be just really overwhelming. But honestly, the more you educate yourself, the more these terms and words don't seem so crazy. And you can start with where you're at. And if you're going to start with an advisor, you can read Steve's article on how to vet them, and you can demand that they do that. And you know what? That's kind of why they have a job. So they can certainly rise to the occasion if they can't go find someone else. Until you want to be like Steven, do it yourself, which is impressive and amazing. Thank you so much. Until next time everyone, Be It Till You See It. Lesley Logan 38:43  That's all I got for this episode of the Be It Till You See It Podcast. One thing that would help both myself and future listeners is for you to rate the show and leave a review and follow or subscribe for free wherever you listen to your podcast. Also, make sure to introduce yourself over at the Be It Pod on Instagram. I would love to know more about you. Share this episode with whoever you think needs to hear it. Help us and others Be It Till You See It. Have an awesome day. Be It Till You See It is a production of The Bloom Podcast Network. If you want to leave us a message or a question that we might read on another episode, you can text us at +1-310-905-5534 or send a DM on Instagram @BeItPod.Brad Crowell 39:26  It's written, filmed, and recorded by your host, Lesley Logan, and me, Brad Crowell.Lesley Logan 39:31  It is transcribed, produced and edited by the epic team at Disenyo.co.Brad Crowell 39:35  Our theme music is by Ali at Apex Production Music and our branding by designer and artist, Gianfranco Cioffi.Lesley Logan 39:42  Special thanks to Melissa Solomon for creating our visuals.Brad Crowell 39:45  Also to Angelina Herico for adding all of our content to our website. And finally to Meridith Root for keeping us all on point and on time.Support this podcast at — https://redcircle.com/be-it-till-you-see-it/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

On this episode of "On The Tape," hosts Guy Adami, Dan Nathan and Danny Moses make a huge announcement! "On The Tape" and "Okay, Computer." will merge, with the main show becoming "Risk Reversal Pod" airing Monday through Friday, while Danny Moses will continue independently with the "On The Tape" brand. The conversation then flows into a comprehensive market discussion, covering the Federal Reserve's recent meeting, which was described as a "nothing burger," and analysis of major company earnings including Apple, Tesla, Chevron, and Exxon. The hosts provide detailed insights on market trends, with particular attention to Tesla's earnings despite poor auto margins, Apple's performance with modest growth, and the challenges facing big oil companies. The discussion concludes with observations about gold prices reaching all-time highs and the impact of AI developments on tech stocks, particularly noting the market's reaction to news about Chinese AI company Deep Seek. Later, listen to a panel with "The Big Short" traders Steve Eisman, Danny Moses, Vincent Daniel, and Porter Collins from the iConnections Global Alts Conference in Miami. Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe — About the Show: On The Tape is a weekly podcast with CNBC Fast Money's Guy Adami, Dan Nathan and Danny Moses. They're offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we're here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We're on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Thomas @LizThomasStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

"Exxon's biggest headwind is macro," says Stewart Glickman. He and Kenny Zhu break down today's oil earnings, highlighting Chevron (CVX) and Exxon (XOM). They later go over the best positioned oil stocks and what's next for oil under the new administration. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

On the morning of April 29, 1992, Sidney Reso did what he did almost every morning: he took the long drive down to the end of his driveway to pick up the daily newspaper. However, this morning was different: the husband and father of five never made it to work that morning. Sidney was shot in the arm, bound and gagged, and thrown into the back of a waiting van at his home in Morris Township, New Jersey. Sidney's kidnappers quickly contacted not only Exxon but Sidney's wife, Pat. They asked for a notorious amount of money in exchange for the safe return of Sidney: $18.5 million in $100 bills. With a series of complex ransom notes, detectives worked against the clock in an attempt to rescue Sidney.SOURCES:1) YouTube--"Kidnapped: The Story of Sidney Reso"2) The Seattle Times: Mystery: Powerful, Private Man Vanishes -- No Clues In Disappearance Of Key Exxon Executive3) Obituary for Gregory Steve Reso4) Find a Grave: Sidney Reso5) The New York Times: Portrait of 2 Accused of Kidnapping: Ardent, Hapless Pursuit of Affluence6) United States of America v. Arthur Seale 7) The New York Times: Kidnapped Executive Dies After 4 Days in a Locked Wooden Box8) TIME Magazine: Four Days in Hell9) NJ.com: Killer involved in 1992 kidnapping and murder of Exxon executive denied compassionate release

COP29, the United Nations’ annual climate summit, is underway in Azerbaijan. This year's conference is all about how the world will pay to deal with climate change. But Donald Trump’s election victory looms large over the talks. President-elect Trump could roll back United States climate policy like he did during his first term. On the show today, Gautam Jain, senior research scholar at Columbia University’s Center on Global Energy Policy, explains why climate investment won’t come to a complete halt under the next Trump administration. Plus, he weighs in on who might fill the void in global energy transition talks. Plus, the message ExxonMobil CEO Darren Woods is sending Trump about the nation’s energy policy. And, how early is too early for Christmas lights? Here’s everything we talked about today: “What Trump can do to reverse US climate policy − and what he probably can't change” from The Conversation “COP29: What are the key issues at the UN climate summit in Baku?” from Reuters “Trump Victory Leaves China Calling the Shots at COP29 Climate Negotiations” from The Wall Street Journal “Burning Questions: What are the climate wins and setbacks from the election?” from Marketplace “Exxon chief urges stability in US climate policy, knocks carbon border tariffs” from Politico We want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.