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.
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