White House officials have asked the US Energy Department to analyze whether a ban on exports of gasoline, diesel and other refined petroleum products would lower fuel prices, an indication the controversial idea is gaining traction in some corners of the Biden administration.
(This story was originally published Sept. 14. On Tuesday, Bloomberg broke the news that Elon Musk revived his bid to buy Twitter at the original price of $54.20 a share, pulling back from an attempt to withdraw from the deal and possibly avoiding a contentious court battle.)
Dan Och is escalating his fight with Sculptor Capital Management Chief Executive Officer Jimmy Levin, deepening the fissures in the relationship with his former protege and putting the publicly traded hedge fund firm in play.
Paradiso claimed the top spot from World’s 50 Best Bars.
SoftBank-backed small business loan servicer KServicing filed for bankruptcy after the company, which holds old loans made by online lender Kabbage, was weighed down by allegations of overly lax lending under the US government’s Paycheck Protection Program.
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