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Sustainable Finance Newsletter - Activist says Exxon directors lost the Scope 3 script

Sustainable Finance Newsletter - Activist says Exxon directors lost the Scope 3 script By Ross Kerber Feb 28 (Reuters) - What was that epic Exxon Mobil proxy battle in 2021 all about anyway? The oil company's recent lawsuit over a shareholder climate proposal got me thinking about the three Exxon directors who joined the company's board in 2021. Both Exxon XOM.N and its critics see the suit as raising important questions about the power of investors - whose leverage brought the new directors ont
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New York Times business news - Feb 28

PRESS DIGEST-New York Times business news - Feb 28 Feb 28 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Macy's M.N said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy's stores over the next three years while expanding its upscale Bloomingdale's and Bluemercury chains.
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Starbucks Says Starbucks And Workers United Have Agreed To Begin Discussions On A Foundational Framework

BRIEF-Starbucks Says Starbucks And Workers United Have Agreed To Begin Discussions On A Foundational Framework Feb 27 (Reuters) - Starbucks Corp SBUX.O : STARBUCKS - STARBUCKS AND WORKERS UNITED HAVE AGREED TO BEGIN DISCUSSIONS ON A FOUNDATIONAL FRAMEWORK STARBUCKS - AGREED WITH WORKERS UNITED TO BEGIN DISCUSSIONS TO ACHIEVE COLLECTIVE BARGAINING A
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Starbucks agrees to US union organizing 'framework'

UPDATE 2-Starbucks agrees to US union organizing 'framework' Adds details beginning in paragraph 5, background By Daniel Wiessner Feb 27 (Reuters) - Starbucks SBUX.O and a union seeking to organize the coffee chain's U.S. workforce said on Tuesday they have agreed to create a "framework" to guide organizing and collective bargaining and potentially settle scores of pending legal disputes.
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Starbucks agrees to begin talks with union on bargaining deals

UPDATE 1-Starbucks agrees to begin talks with union on bargaining deals Adds details from the statement and background throughout Feb 27 (Reuters) - Starbucks SBUX.O said on Tuesday that it had agreed with the Workers United union on beginning discussions to arrive at bargaining agreements, including a process for fair organizing, and resolve outstanding litigation.
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Starbucks, US union agree to form 'framework' for organizing, bargaining

Starbucks, US union agree to form 'framework' for organizing, bargaining Feb 27 (Reuters) - Starbucks SBUX.O and a union seeking to organize the coffee chain's U.S. workforce said on Tuesday that they have agreed to create a "framework" to guide organizing and collective bargaining and potentially settle scores of pending legal disputes. Reporting
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Starbucks agrees to begin talks with union on bargaining deals

Starbucks agrees to begin talks with union on bargaining deals Feb 27 (Reuters) - Starbucks SBUX.O on Tuesday said that it has agreed with the Workers United union on beginning discussions to achieve bargaining agreements including process for fair organizing and to resolve some outstanding litigation. Reporting by Jaiveer Singh Shekhawat in Bengal
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Alsea sees 2024 like for like sales growth in high single digits

UPDATE 1-Alsea sees 2024 like for like sales growth in high single digits Adds details, background MEXICO CITY, Feb 27 (Reuters) - Mexican restaurant chain operator Alsea ALSEA.MX sees like for like sales growth in the high single digits in 2024, its Europe finance chief Federico Rodriguez said on Tuesday. Rodriguez, who Alsea announced earlier on Tuesday would take over as the company's chief financial officer in March, made the comment a day after Alsea announced a 37% jump in fourth-quarter n
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Restaurant operator Alsea's profit jumps nearly 40% on improved consumer trends

UPDATE 3-Restaurant operator Alsea's profit jumps nearly 40% on improved consumer trends Adds analysts' comments in paragraphs 11-12 By Sarah Morland MEXICO CITY, Feb 26 (Reuters) - Mexican restaurant chain operator Alsea ALSEA.MX on Monday posted a 37% jump in its net profit for the last three months of 2023, citing an uptick in sales linked to better consumer trends.
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Starbucks operator Alsea posts Q4 profit up 37%

Starbucks operator Alsea posts Q4 profit up 37% MEXICO CITY, Feb 26 (Reuters) - Mexican restaurant chain operator Alsea ALSEA.MX on Monday posted a 37 % jump in its net profit for the last three months of 2023, reaching 1.05 billion pesos ($62 million). Alsea, which operates chain stores including Starbucks SBUX.O , Burger King QSR.TO and Domino's Pizza DPZ.N , also reported quarterly net revenues up 8% from a year earlier to 19.88 billion pesos.
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US court tries to bring SpaceX lawsuit against US labor board back to Texas

US court tries to bring SpaceX lawsuit against US labor board back to Texas By Daniel Wiessner Feb 26 (Reuters) - A U.S. appeals court in an unusual step on Monday moved to claw back rocket maker SpaceX's lawsuit claiming a U.S. labor board's structure is unconstitutional, after a judge in Texas granted the agency's request to send it to California. A panel of the New Orleans-based 5th U.S.
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SpaceX, NLRB duel over proper venue for attack on agency's structure

UPDATE 1-SpaceX, NLRB duel over proper venue for attack on agency's structure SpaceX wants to nix order sending case from Texas to California Lawsuit claims labor board's structure is unconstitutional Company sued after agency accused it of illegally firing engineers Adds further developments in paragraphs 6-8 from Friday By Daniel Wiessner Feb 23 (Reuters) - SpaceX on Friday doubled down on claims that a judge was wrong to send the rocket maker's lawsuit challenging the structure of the Nationa
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SpaceX, NLRB duel over proper venue for attack on agency's structure

SpaceX, NLRB duel over proper venue for attack on agency's structure SpaceX wants to nix order sending case from Texas to California Lawsuit claims labor board's structure is unconstitutional Company sued after agency accused it of illegally firing engineers By Daniel Wiessner Feb 23 (Reuters) - SpaceX on Friday doubled down on claims that a judge was wrong to send the rocket maker's lawsuit challenging the structure of the National Labor Relations Board from Texas to California, telling a U.S.
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Mubadala-backed Zamp in talks to operate Starbucks brand in Brazil

UPDATE 1-Mubadala-backed Zamp in talks to operate Starbucks brand in Brazil Adds Mubadala increasing stake in paragraph 3, context in paragraphs 4-5 SAO PAULO, Feb 21 (Reuters) - Food retailer Zamp ZAMP3.SA , which operates Burger King and Popeyes restaurants in Brazil, is in talks with Starbucks SBUX.O to operate the brand in Latin America's largest economy, the firm said on Wednesday.
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Mubadala-backed Zamp in talks to operate Starbucks brand in Brazil

Mubadala-backed Zamp in talks to operate Starbucks brand in Brazil SAO PAULO, Feb 21 (Reuters) - Food retailer Zamp ZAMP3.SA , which operates Burger King and Popeyes restaurants in Brazil, is in talks with Starbucks SBUX.O to operate the brand in Latin America's largest economy, the firm said on Wednesday. Zamp, which is backed by Abu Dhabi state investor Mubadala, added in a securities filing that no proposal had been made so far.
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Zamp in talks to buy license to operate Starbucks in Brazil - local media

UPDATE 2-Zamp in talks to buy license to operate Starbucks in Brazil - local media Adds comment from Starbucks SAO PAULO, Feb 20 (Reuters) - Brazil's food retailer Zamp ZAMP3.SA , which operates Burger King and Popeyes in the country, is in talks to buy the license to operate Starbucks in the South American nation, Valor Economico newspaper reported on Tuesday, citing unnamed sources.
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Zamp in talks to buy license to operate Starbucks in Brazil - local media

REFILE-Zamp in talks to buy license to operate Starbucks in Brazil - local media Corrects the day of the week to Tuesday (not Monday SAO PAULO, Feb 20 (Reuters) - Brazil's food retailer Zamp ZAMP3.SA , which operates Burger King and Popeyes in the country, is in talks to buy the license to operate Starbucks in the South American nation, Valor Economico newspaper reported on T uesday , citing unnamed sources.
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Mondelez revamps European operations after boycotts over Russian business, internal memos show

EXCLUSIVE-Mondelez revamps European operations after boycotts over Russian business, internal memos show Adds Mondelez' plan to present at conference, paragraph 8 By Jessica DiNapoli NEW YORK, Feb 16 (Reuters) - Oreo cookie-maker Mondelez MDLZ.O put new management in place at its profitable Russian business this week, according to two internal company memos seen by Reuters that reveal fresh details of a corporate overhaul in Europe.
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Union-backing shareholder asks Starbucks to disclose 'anti-union spending,' approaches SEC

UPDATE 1-Union-backing shareholder asks Starbucks to disclose 'anti-union spending,' approaches SEC Rewrites throughout, adds response from Starbucks in paragraph 5 Feb 16 (Reuters) - A labor union-backing shareholder wrote a letter to the U.S. Securities and Exchange Commission on Friday, saying that Starbucks SBUX.O has failed to disclose costs arising from anti-union campaigns, which was estimated at about $240 million.
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Mondelez revamps European operations after boycotts over Russian business, internal memos show

EXCLUSIVE-Mondelez revamps European operations after boycotts over Russian business, internal memos show By Jessica DiNapoli NEW YORK, Feb 16 (Reuters) - Oreo cookie-maker Mondelez MDLZ.O put new management in place at its profitable Russian business this week, according to two internal company memos seen by Reuters that reveal fresh details of a corporate overhaul in Europe.
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