New York City’s plan to charge motorists driving into Manhattan’s central business district inched forward as a proposed tolling structure received an initial approval from the Metropolitan Transportation Authority.
Canada plans to limit emissions from the country’s oil and gas industry using a cap-and-trade system, a policy that will become a cornerstone of Prime Minister Justin Trudeau’s efforts to help curtail global warming and is almost certain to meet resistance in the western provinces.
Venezuela is in advanced talks on new deals with European energy majors Repsol SA and Eni SpA as the Andean nation seeks to reassert itself as a global oil producer after the US eased sanctions.
Ken Moelis said the deal pipeline at Moelis & Co. is at the highest level ever due to significant pent-up demand for mergers and acquisitions after almost two years of Federal Reserve interest-rate hikes.
Berkshire Hathaway Energy Co.’s PacifiCorp said it will pay $299 million to settle claims over wildfires that burned homes in southwest Oregon, averting another jury trial in litigation that has already exposed the utility to billions in damages.
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