UnitedHealth stock has rallied for three consecutive days since reporting first-quarter earnings and revenue early Tuesday.
A leading shareholder advisory firm recommended on Thursday that Berkshire Hathaway shareholders withhold votes to reelect five directors at Warren Buffett's conglomerate, citing concerns about climate change and governance. Institutional Shareholder Services (ISS) said lead independent director and audit committee chair Susan Decker deserved a "withhold" vote at Berkshire's May 4 annual meeting. It said this was because Berkshire is a significant emitter of greenhouse gases, is not disclosing enough about climate change-related risks and opportunities it faces, and is not taking minimum steps needed to address those risks.
Republican attorneys general from 25 states on Thursday sued the U.S. Environmental Protection Agency to block rules intended to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing, arguing the agency exceeded its legal authority. The lawsuit challenging the regulations for passenger vehicles, finalized on March 20 by President Joe Biden's administration, was filed by attorneys general from states led by Kentucky and West Virginia in the U.S. Court of Appeals for the District of Columbia Circuit.
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