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)
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.
-
Who are Syria's resurgent rebels?The Explainer Surprise Aleppo offensive, led by controversial faction, has blindsided Bashar al-Assad and his allies
-
Magical festive light trails around the UKThe Week Recommends These twinkling displays have pulled out all the stops to get you in the mood for Christmas
-
Donald Trump has said 'the most beautiful word in the dictionary is tariff'Today's Big Question Donald Trump's threat to impose crippling tariffs 'part of a broader turn towards protectionism in the West'
