The head of the House tax-writing committee said a proposal to put a levy on the assets of billionaires has been dropped in negotiations over revenue measures to pay for President Joe Biden’s social-spending bill.
(Bloomberg) -- The United Nations climate talks haven’t even started and host-nation U.K. is already conceding that a key goal -- a deal to end coal burning -- is off the table.
(Bloomberg) -- Ebanx SA, a Brazilian financial technology firm backed by Advent International, has filed confidentially for a U.S. initial public offering, according to people familiar with the matter.
President Joe Biden was counting on sweeping climate legislation to prove the U.S. commitment to the fight against global warming, but even his allies are conceding the most he will have is a framework subject to further negotiations as world leaders gather for a summit on the topic this weekend.
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