Bloomberg Business

Biden Administration Argues to Pause Social Media Contact Ban

The Biden administration said a court order barring some federal agencies and officials from communicating with social media companies is overbroad and “ambiguous,” and asked a judge to pause it while the government appeals.

Lazard Dismissed Snellenbarger for Alleged Misconduct at Party

Reid Snellenbarger, Lazard Ltd.’s co-head of restructuring in North America, was fired just months after he joined the firm because of allegedly inappropriate behavior at a party last weekend, people with knowledge of the matter said.

Venezuela Banned Opposition Contender Machado Leads Primaries

Venezuela’s banned presidential hopeful María Corina Machado is leading by a large margin a pack of 14 opposition contenders vying to run against the ruling party’s candidate, widely expected to be President Nicolás Maduro, in next year’s election.

Toyota Taps US ESG Bond Market to Fund Electric-Car Push

Toyota Motor Corp. sold socially conscious debt denominated in dollars for the first time in two years as the Japanese carmaker looks to boost its production of electric vehicles to compete with Tesla Inc.

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