Exxon Barred From Trucking Oil From California Offshore Platform
Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks to ship crude to refineries on shore.
Bloomberg Business
Blackstone to Fund $3 Billion HealthComp-Virgin Pulse Merger
(Bloomberg) — Blackstone Inc. is helping fund the combination of New Mountain Capital’s HealthComp Holding Company LLC and Marlin Equity Partners’ Virgin Pulse, valuing the health-care merger at about $3 billion, according to a person familiar with the transaction.
Yellen Goes to Georgia to Tout Over $1 Billion in Infrastructure Spending
Treasury Secretary Janet Yellen will travel to the battleground state of Georgia this week to show off infrastructure investments funded by the Biden administration that she’ll say are benefiting residents of the Peach State.
Bond Selloff Grinds on as Oil Tests $94 a Barrel: Markets Wrap
Treasuries sold off while equities churned as investors contemplated the prospect of higher interest rates and rising oil prices as crude hit a one-year high. The dollar extended its climb for a sixth day.
Ultra-Rare Imperial 1982 Château Petrus to Sell in Billionaire Pierre Chen’s Wine Auction
Some 25,000 bottles of the collector’s rare wine will hit the market over the course of a year.
Even the Google Trial Is Talking Up the Taylor Swift-Travis Kelce Rumors
ChatGPT doesn’t know whether Taylor Swift is dating Kansas City Chiefs tight end Travis Kelce.
Bank Stocks Can’t Catch a Break With Rates Staying Elevated
There may not be respite in sight for beaten-down bank stocks as attention shifts to 2024 and a prolonged period of elevated rates, according to analysts.
QIC Explores Sale of CampusParc, Owner of Ohio State University Parking Lease
Australian investment firm QIC is exploring the sale of CampusParc, which owns a long-term concession for the parking operations at the Ohio State University, according to people with knowledge of the matter.
US Won’t Have Any Pandas for the First Time in 50 Years
Giant pandas are everywhere at Washington, DC’s National Zoo. Three live in the zoo’s $50 million Asia Trail. T-shirts, trucker hats and refrigerator magnets bear their image. A 24-hour panda-cam broadcasts the trio’s every move. Even the QR code to reserve zoo tickets features a panda silhouette.
Bitcoin’s Refuge Appeal Being Touted Again With Shutdown Prospects Rising
The increasing prospects of a US federal government shutdown has some Bitcoin advocates predicting a rally similar to one that happened in response to the regional bank crisis earlier this year.
