ExxonMobil is a shadow of its former self, but it’s still far from finished. Last Thursday, Exxon announced that it will lay off 14,000 employees, not raise its dividend for the first time in almost four decades, and cut project spending. After more than a century as the biggest corporate America baddie, today, it’s humiliatingly smaller not only…
Talk about mixed signals. Last week, Walmart asked its U.S. store managers to remove all guns and ammo from its sales floors over fears of civil unrest. Just a day later, the giant retailer reversed its decision, saying that incidents of civil unrest were geographically isolated. Given the stress test the country is facing this week, the decision is…
— Rob Walker, The No-Brainer Case for Making Election Day a Company Holiday
