Good Day, Bad Day
Retaking the lead, being grounded
GOOD DAY FOR: Retaking the lead, after Exxon Mobil once again became the world’s largest company by market value, following a five-day decline for PetroChina. PetroChina overtook Exxon five months ago, after its IPO valued it at $1 trillion. Exxon is now worth $455.8 billion, PetroChina $453.1 billion. (Bloomberg)
BAD DAY FOR: Being grounded, after a U.S. appeals court struck down New York State’s “Passenger Bill of Rights,” which guaranteed stranded airline passengers fresh air, water, food, and working toilets. The court ruled that the 2007 law would encourage other states to come up with laws governing airlines, in violation of a 1978 federal law relaxing regulation of the airline industry. (Bloomberg)
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
How to enjoy the Proms 2024
The Week Recommends This year's concert highlights, how to buy tickets, and where to watch and listen
By Adrienne Wyper, The Week UK Published
-
Why more men are wearing jewellery
The Week Recommends Pop culture is boosting interest in earrings and necklaces, alongside classic tie pins and lapel pins
By Adrienne Wyper, The Week UK Published
-
7 magnificent hotels to visit before the summer crowds descend
The Week Recommends Have beach time in the Dominican Republic or a spa day in Saint-Tropez
By Catherine Garcia, The Week US Published