Good Business: The meteorologist at the bank
Inside: Predicting the weather is a growing business on Wall Street; Sustainable investing assets hit $30.7 trillion globally; It might be the top for oil drillers; Amazon has bested everyone this year — in shareholder proposals. — Emily Chasan
Meteorologists are heading to Wall Street. Blaming the weather for poor performance just doesn't work as well in a warming world where billion-dollar disasters from droughts and storms are common. That is making meteorologists the new high priests of finance as they help predict weather-related shipping delays or risks to floating oil rigs.