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White House finalizes permitting reform rule included in debt ceiling deal

The White House Council on Environmental Quality (CEQ) on Tuesday finalized a rule aimed at streamlining the environmental review process under the National Environmental Protection Act. The final rule is part of last summer’s deal that raised the federal debt ceiling and creates a new way for the federal government to establish clear exemptions. These […]

WeWork rejects Adam Neumann’s $650M bid, reaches bankruptcy deal with creditors

Shared office space provider WeWork on Monday announced a settlement with junior creditors and an infusion of new capital from senior lenders, rejecting a $650 million offer from co-founder and former owner Adam Neumann. proceeded with a bankruptcy transaction. At a hearing in Newark, New Jersey, U.S. Bankruptcy Judge John Sherwood said the New York-based, […]

Elon Musk’s full self-driving ‘really big deal’

Christopher Tsai, CIO and President of Tsai Capital, discusses Tesla’s rapid growth in the market and plans for robotaxi. Musk appeared to promote Tesla’s Fully Self-Driving (FSD) software on Monday, as the company reportedly took a big step toward bringing it to China and attracted a lot of attention. wall street journal Media reported on […]

Billionaire Texas Oilman Inks Deal to Revamp Venezuela’s Onshore Oil Fields

LNG Energy Group, a Canadian-based company owned by billionaire Texas businessman Rodney Lewis, has signed a deal with Venezuela’s state oil company PDVSA to rehabilitate five onshore oil fields, according to the Associated Press. mediated. report Wednesday. The deal was announced days after US President Joe Biden took office. returned Oil and gas sanctions against […]

Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip

The Biden administration announced Thursday that it has reached a preliminary agreement with Idaho-based semiconductor manufacturing company Micron, the latest in a series of investments under the bipartisan CHIPS and Science Act. President Biden is scheduled to visit Syracuse, New York, on Thursday to tout the benefits of the agreement with Micron, which includes up […]