1. Articles from CNBC.com

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    1. Alphabet Settles Shareholder Lawsuit Over Alleged Mishandling of Sexual Misconduct by Execs

      Alphabet Settles Shareholder Lawsuit Over Alleged Mishandling of Sexual Misconduct by Execs

      Alphabet has reached a settlement on a shareholder lawsuit that accused the board of allegedly mishandling sexual misconduct by its executives. Execs will not be able to receive severance or amend their stock sale plans while they are while they are subject to investigations or a lawsuit for sexual misconduct, according to a summary of the settlement provided by the plaintiffs’ attorneys...

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    2. JC Penney Is Planning to File for Bankruptcy in the Next Day, Sources Say

      JC Penney Is Planning to File for Bankruptcy in the Next Day, Sources Say

      The Plano, Texas-based retailer is planning on filing for bankruptcy in Corpus Christi, Texas, the people said. It has been negotiating with its first lien lenders a $450 million loan to finance the bankruptcy, which would require the troubled retailer to hit certain goals to receive the second half of it, CNBC previously reported...

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      Mentions: Sears stake JC Penney
    3. ValueAct’s Jeffrey Ubben Buys BP and Says Oil Company Can Be ‘Part of the Solution’

      ValueAct’s Jeffrey Ubben Buys BP and Says Oil Company Can Be ‘Part of the Solution’

      As the sustainable investing movement gains traction investors have increasingly shied away from traditional energy stocks. But ValueAct Capital’s Jeffrey Ubben believes that oil and gas companies that are working to clean up their operations can belong in portfolios focused on sustainable companies...

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