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UPDATE 1-Rare run of oil finds is little respite for price-hit explorers

*Seven oil and gas discoveries made in recent weeks. LONDON, May 29- Exploration firms have made a rare run of oil and gas discoveries in recent weeks as more targeted search strategies bear fruit, but they offer little respite to a sector that remains severely bruised by the oil price slump. Seven successful discoveries with potential to become commercial have...
Source: Reuters | By: a consortium including ExxonMobil, Hess and China's
Rare run of oil finds is little respite for price-hit explorers

*Seven oil and gas discoveries made in recent weeks. LONDON, May 29- Exploration firms have made a rare run of oil and gas discoveries in recent weeks as more targeted search strategies bear fruit, but they offer little respite to a sector that remains severely bruised by the oil price slump. Seven successful discoveries with potential to become commercial have...
Source: Reuters | By: Ron Bousso
Beat the millennials with these 9 stocks

Nine S&P 500 stocks, including Kroger and Hanesbrands, outperform the most widely owned stocks by Millenials, USA Today reports.
Source: USA Today | By: Matt Krantz
UPDATE 1-Exxon, Chevron holders say 'no' to adding climate experts to boards

HOUSTON, May 27- Shareholders of the top two U.S. oil companies on Wednesday rejected proposals to add directors with climate change expertise to their boards, but a measure passed at one, Chevron Corp, could give new power to minority investors with environmental concerns. Proposals to add an independent director with expertise in climate change received the...
Source: Reuters | By: Anna Driver
Nasdaq sets record, Dow up triple digits as stocks rebound; Greece eyed

U.S. stocks closed higher, recovering from Tuesday's selloff, as Greece news cheered investors amid a slight pause in the dollar and yield climb.
Source: CNBC.com | By: Evelyn Cheng
Exxon shareholders to vote on climate change, fracking

The votes at meetings of Exxon Mobil Corp. and Chevron Corp. shareholders on Wednesday were expected. At the Exxon Mobil meeting in Dallas, CEO Rex Tillerson said the company is positioned to withstand ups and down in oil prices and give shareholders a good return on their money. Exxon has completed more than a dozen major projects in the past three years and...
Source: The Associated Press | By: By DAVID KOENIG, AP Business Writer
Shareholders press for board voice on climate at Exxon, Chevron

HOUSTON, May 27- Progressive shareholders are pushing to add directors with climate change expertise to the boards of Exxon Mobil Corp and Chevron Corp, arguing the largest U.S. oil companies need more depth of knowledge to navigate environmental issues. In January, Europe's Royal Dutch Shell Plc backed a measure from activist investors asking it to be more...
Source: Reuters | By: Anna Driver
REFILE-RPT-INSIGHT-Funds feel heat of coal and tar divestment drive

LONDON, May 24- For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. The second-year engineering student from Balliol College is not alone. Norway's $900 billion sovereign wealth fund and the Church of England are among recent...
Source: Reuters | By: Simon Jessop and Ron Bousso
Media CEOs dominate ranks of top-paid executives

The best-paid chief executive of a large American company was David Zaslav, head of Discovery Communications, the pay-TV channel operator that is home to "Shark Week." Les Moonves, of CBS, held on to second place in the rankings, despite a drop in pay from a year earlier. The remaining four CEOs, from entertainment giants Viacom, Walt Disney, Comcast and Time Warner, have...
Source: The Associated Press | By: By STEVE ROTHWELL and RYAN NAKASHIMA, AP Business Writers
Cell boom leading to more crashes: Safety group

With people increasingly plugged in to mobile devices, drivers are also more distracted than ever, according to a safety group, creating accidents.
Source: CNBC.com | By: Nana Sidibe