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5 things to know before the stock market opens Monday U.S. stock futures started the new month moving sharply higher Monday, trying to put a dent in the late February decline. Amazon workers in a warehouse in Alabama have received new support to unionize on Sunday, that is, from President Biden, saying workers should be able to make their own choice about unionizing, free from corporate pressure, according to Bloomberg. Jennifer Epstein, White House reporter at Bloomberg, said the Biden administration released a new direct-to-camera video featuring Biden who weighed in on the push for Amazon warehouse employees at the Bessemer, Alabama, Amazon Fulfillment Center, to unionize. He told workers to make their voices heard, saying it s up to them to unionize. ....
Hedge Fund and Insider Trading News: Jeff Ubben, Bill Ackman, Chase Coleman, Michael Burry, Electrameccanica Vehicles Corp (SOLO), American Assets Trust, Inc (AAT), and More Exxon Mobil announced two board seat changes Monday, including activist investor and ESG proponent Jeff Ubben, in a sign that the company is confronting its uncertain future as the world moves toward cleaner energy and as investors shy away from oil stocks. Exxon said the other new board member is Mike Angelakis, chairman and chief executive officer of Atairos and former CFO of Comcast. Eric Lane, the co-head of Goldman Sachs Group Inc.’s asset-management business, is quitting the firm to join Chase Coleman’s ....