Exxon Mobil’s $59.5B Deal & CEOs Speaking Up Against Antisemitism 10/11/23

Exxon Mobil has struck a $59.5 billion deal to acquire Pioneer Natural Resources in an all-stock merger. Pioneer Natural Resources CEO Scott Sheffield and Exxon Mobil CEO Darren Woods discuss how the deal came about, potential regulatory hurdles, and what role fossil fuels will play in our future. Incidents of religious-based hate and discrimination are on the rise as the fifth day of fighting in the Israel-Hamas War is underway. Anti-Defamation League CEO Jonathan Greenblatt explains why Fortune 500 CEOs should sign the ADL’s pledge to condemn antisemitism, and what American corporations can do to support their Jewish employees. Plus, Novo Nordisk stock is popping on more Ozempic success, Congress is seeking a new House Speaker, the White House wants to crack down on junk fees, and testimony at Sam Bankman-Fried’s trial illuminates the internal goings-on of FTX before its collapse. 

 

Darren Woods and Scott Sheffield - 15:04

Jonathan Greenblatt - 28:19

In this episode:
Jonathan Greenblatt, @JGreenblattADL

Andrew Ross Sorkin, @andrewrsorkin
Becky Quick, @BeckyQuick

Cameron Costa, @CameronCostaNY