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Chamath Palihapitiya, founder and CEO of Social Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017.

U.S. Judge Says Palihapitiya Must Face Clover Shareholders' Lawsuit

A U.S. judge has ruled that venture investor Chamath Palihapitiya, Clover Health Investments Corp and its executives must face a lawsuit that claims they misled investors about the health insurance company when it went public via one of Palihapitiya's many special purpose acquisition companies.
A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018.

Exxon To Exit Russia, Suspend Further Investments

Exxon Mobil will exit Russia operations, including oil production fields, it said on Tuesday, becoming the latest major Western energy company to quit the oil-rich country following Moscow's invasion of Ukraine.

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