Tag: substantially

Internal documents show Exxon’s plan to substantially boost carbon emissions

Irving-based Exxon Mobil Corp. has been planning to increase annual carbon-dioxide emissions by as much as the output of the entire nation of Greece, an analysis of internal documents reviewed by Bloomberg shows, setting one of the largest corporate emitters against international efforts to slow the pace of warming.

The drive to expand both fossil-fuel production and planet-warming pollution comes at a time when some of Exxon’s rivals, such as BP Plc and Royal Dutch Shell Plc, are moving to curb oil and zero-out emissions. Exxon’s own assessment of its $210 billion investment strategy shows yearly emissions rising 17% by 2025, according to the internal documents.

The largest U.S. oil producer has never made a commitment to lower oil and gas output or set a date by which it will become carbon neutral, and its near-term plans have been disrupted by fallout from the COVID-19 pandemic. Exxon has also never

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CBIZ Small Business Employment Index finds hiring increased substantially

Small businesses were active in their hiring during September, according to the latest CBIZ Small Business Employment Index.

Independence-based business services firm CBIZ Inc. (NYSE: CBZ) said in a news release on Friday, Oct. 2, that the index rose by a seasonally adjusted 1.5% last month — a strong performance by historical standards, given that hiring “usually winds down in September, as summer comes to a close and businesses scale back their headcounts.”

The upswing in September “underscores the volatile nature of the current employment landscape,” CBIZ said.

The CBIZ index certainly has reflected that volatility. The index, which tracks payroll and hiring trends for more than 3,400 companies nationwide that have 300 or fewer employees, fell by 0.48% in August, breaking a positive trend of gains of 1.25% in July and 1.8% in June. It had dropped 2.5% in May and 9.4% in April, when the pandemic kept many

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