FossilFeud: California sued Exxon, Shell, Chevron, ConocoPhillips, and BP, saying they downplayed fossil-fuel risks. The Golden State wants the oil titans to help pay for increasingly common climate disasters.
FeeReturns: H&M has joined a cascade of retailers like Kohl’s, TJ Maxx, and JCPenney in charging customers for returns. With its $6 online return fee, H&M hopes to discourage bulk buy-and-returns as shipping costs soar.
Thrill: Disney plans to nearly 2X its spending on its parks-and-cruises biz with $60B in investments over the next decade. As Disney’s media divisions struggle, its OG parks biz is still bringing the magic.
Latest Stories
Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.