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Elliott wins ISS support in Phillips 66 proxy battle

By Svea Herbst-Bayliss NEW YORK (Reuters) – Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended that investors elect all four of the activist’s director... Read More.

US House Republicans seek to kill EV tax credit, loan program

By David Shepardson WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax reform bill. The proposal,... Read More.