(Bloomberg) — The Biden administration is set within days to propose long-awaited quotas for blending biofuels into gasoline and diesel, according to people familiar with…
Biden gets a break on oil and gas prices
Gasoline prices will soon follow oil prices, which have dropped 20% during the last few weeks.
BuzzFeed could fetch lesser capital through merger with blank-check firm – WSJ
A number of investors in the SPAC are redeeming their shares, which would mean the online media outlet will receive only a fraction of the…
U.S. Sues to Block Nvidia Deal for Chip Designer Arm
(Bloomberg) — U.S. antitrust officials sued to block Nvidia Corp.’s proposed $40 billion takeover of Arm Ltd., saying the deal would harm competition in the…
TREASURIES-Risk-on sentiment, Fed taper talk lift yields
The benchmark 10-year yield, which had fallen to a session low of 1.409%, was last about a basis point higher at 1.4426%. It was last…
FTC sues to block Nvidia’s $40 billion ARM deal
The FTC on Thursday filed suit against Nvidia to block its proposed acquisition of ARM.
Welcome to the Tinderverse: Tinder’s CEO talks metaverse, virtual currency
Dating app Tinder is exploring how to blur the boundaries between offline and online worlds, CEO Renate Nyborg said in an interview at the Reuters…
Despite pledge, U.S. still wastes more than a third of its food – EPA
More than one-third of food produced in the United States is thrown out, according to a report from the U.S. Environmental Protection Agency, which said…
GLOBAL MARKETS-Dollar gains, shares rise as Omicron fears subside
A gauge of global equities surged on Thursday as Wall Street rallied on hopes the Omicron COVID-19 variant will prove mild and will not halt…
US STOCKS-Wall Street ends higher in robust rebound from Omicron-driven sell-off
A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains…