The author of “Business and the Five Horsemen” on the radically changing realm of climate risk.


Yahoo Finance

Link between rig count, oil production is breaking
Houston Chronicle
Years ago, it wasn't too hard to predict how many new barrels of crude the energy industry could harvest over a stretch of time. A big part of it was just counting the number of drilling rigs in the oil patch. Simple enough. But times change. During
US Rig Count Up 15 This Week to 462New York Times

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Washington Post

The fall of Roger Ailes: He made Fox his 'locker room' — and now women are telling their stories
Washington Post
One day in early June, an embattled but determined news anchor, a public relations man and a group of attorneys settled into chairs around the conference table on the 35th floor of a law office on Madison Avenue in Manhattan. Gretchen Carlson's tenure
What's Really Happening at Fox News? A Conversation With the Reporter Who Knows the Network Best.Slate Magazine
Fox News' First Day Without Roger Ailes: Rupert Murdoch's Meeting, Employee Morale IssuesHollywood Reporter
The long rise and very quick fall of Fox News boss Roger AilesPBS NewsHour
Houston Chronicle –Variety –The Detroit News –ABC News
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Wall Street Journal

US Stocks Rise; S&P 500 Hits Record
Wall Street Journal
The S&P 500 capped the slowest trading week in 2016 with a record close Friday. An average of roughly 5.9 billion U.S. shares changed hands per day this past week, about 1.7 billion fewer shares than has been typical so far this year and the quietest
S&P 500 Rally Streak Hits Fourth Week as Defensive Sway WeakensBloomberg
S&P 500 hits new record high close as stocks rally for fourth weekMarketWatch
Wall St. rises, racks up fourth straight week of gainsReuters
New York Times –USA TODAY –Los Angeles Times –TheStreet.com
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Houston Chronicle

Southwest still delaying, canceling flights after technology outage
Houston Chronicle
Southwest Airlines passengers stand in line outside Hobby Airport on Thursday, July 21, 2016, in Houston. A computer problem in the Southwest Airlines system caused flights across the country to be held up or cancelled as the airline worked to fix …
Southwest Airlines Still Dealing With Delays After OutageCBS Local
Southwest flight cancellations continue following tech disruptionATWOnline
Southwest cancellations causes nightmare for localsKFDA
Seeking Alpha –TheStreet.com –Austin American-Statesman –San Bernardino County Sun
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San Francisco Chronicle

California's unemployment rate rises for first time since 2010
San Francisco Chronicle
An Aarrow Sign Spinners representative spins a "Job Fair Today" sign during a Choice Career Fair in Los Angeles, California, U.S., on Wednesday, June 22, 2016. The U.S. Department of Labor is scheduled to release initial jobless claims figures on June 23.
Ohio gained 12400 jobs in June; unemployment rate 5.0%cleveland.com
California's latest jobs report shows big gains in LA County, mixed gains for Inland EmpireSan Bernardino County Sun
California, Sacramento unemployment rates climbSacramento Bee
89.3 KPCC –The Turlock Journal –Toledo Blade –Fresno Bee
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Wall Street Journal

Hershey Trust to Reach Settlement With Pennsylvania Attorney General's Office
Wall Street Journal
Hershey Co.'s largest shareholder—a trust that oversees billions of dollars for a local, nonprofit school—has agreed to make significant governance changes that could affect the future of the chocolate company, according to people familiar with the
Hershey Trust Reaches Tentative Deal With Pennsylvania on GovernanceNew York Times
Attorney general, Hershey Trust reach tentative dealPhilly.com
Hershey Trust, AG office agree to changes 1 week before deadlinePennLive.com
Allentown Morning Call –Reuters –Stock Transcript –FOX43.com
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Wall Street Journal

Verizon Nears $5 Billion Deal for Yahoo's Internet Businesses
Wall Street Journal
Verizon Communications Inc. VZ 1.32 % is close to paying around $5 billion to buy Yahoo Inc. YHOO 1.36 % 's core business, people familiar with the matter said, absorbing a company that helped usher in the internet age but surrendered most of the
UTA's Jay Sures Says VP Pick Tim Kaine Is a "Home Run"Hollywood Reporter
Verizon Still an Ad Laggard to Google, Facebook After Yahoo DealBloomberg
Yahoo sale nears end, Verizon reportedly in the leadCNNMoney
The Boston Globe –TechCrunch –Alaska Dispatch News –VentureBeat
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Economic Times

UPDATE 3-EU approves Monsanto, Bayer genetically modified soybeans
Reuters
… * Europe key market for North American soybeans. * GMOs are a focus of environmental campaigners. * Authorisation for feed, food use but not cultivation (Recasts throughout; adds ADM comment, analyst comment, Monsanto share prices). By Karl Plume.
Monsanto Wins EU Nod for New Biotech SoybeansWall Street Journal
Monsanto (MON) Stock Up After EU Approves Biotech Soybeans ImportTheStreet.com
EU approves imports of genetically modified Monsanto soybeansRT
High Plains Journal –Northwest Arkansas News –Farm and Ranch Guide –St. Louis Business Journal
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Atlanta Journal Constitution

American Airlines' profit, revenue clipped by falling fares
Atlanta Journal Constitution
Want more news? Sign up for free newsletters to get more of the AJC delivered to your inbox. FORT WORTH, Texas — Compared with their checkered track record, major airlines are enjoying boom times. Planes are full, and jet fuel is still much cheaper
Boom times for big US airlines: $3.9 billion in 2Q profitsOmaha World-Herald
American Says Actions Against Discount Airlines Paid OffSkift
Enjoy your cheap summer airfares. You'll pay more next year.Chron.com
WFAA.com –Seeking Alpha
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