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...fact, the sixth year in a row that shareholder activist Robert Monks, representing clients at his investment advisory firm, presented the resolution at the Exxon annual meeting. Over the years, the percentage of shareholders voting with Monks has increased from about 20% to 40% last year. With the backing of the Rockefeller family, hopes were high for a better showing this year, even though only 10 such proposals have ever managed to garner majority support, according to RiskMetrics, a firm that advises proxy voting. If the vote had reached a majority, it wouldn't have forced Exxon to separate...
...Hollywood to bring glamor to the Riviera, with non-competition movies like Indiana Jones and the Kingdom of the Crystal Skull and Woody Allen's Vicky Cristina Barcelona. But when the Jury gets down to business, art wins out over entertainment. Indeed, for the second year in a row, not a single English-language movie was honored at Cannes...
...taken meticulous notes throughout the day suddenly stopped. One twentysomething white juror put a hand across one of his ears. One middle-aged black woman lowered her head, obviously disgusted. Kelly, meanwhile, leaned back in his chair, at some points hardly able to watch. In the seventh row, a group of not-so-prim young women sat with their hands stuffed into puffy jackets. One of the women sucked her teeth as the female in the video screamed, "Daddy...
Taking home a gold medal, the second novice eight finished with fireworks. Finishing four seconds ahead of Navy, the boat which has been forced to row most of the season as a four brought home the shiniest medal...
...such as immigration reform, he believed it was better to pass something and then work to fix it later on. It was thanks to Kennedy's willingness to work with the other side that the immigration legislation came as close as it did to passage two years in a row. Kennedy "is a legendary lawmaker and I have the highest respect for him," Senator John McCain, the presumptive Republican nominee for President and Kennedy's partner on immigration reform, said in a statement Saturday. "When we have worked together, he has been a skillful, fair and generous partner...