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U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil
“We should be highly concerned about the integrity of the caverns anytime crude inventories drop below 300 million barrels,” one petroleum engineering professor warned.
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Ousted L3Harris CEO Chris Kubasik forfeits $45 million—but he’ll still walk away with $80 million in stock and options
The ex-CEO was previously forced to resign from Lockheed Martin after a 2012 ethics investigation confirmed he had a personal relationship with a subordinate.
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‘Only idiot startup founders stay in Cali’: Mark Cuban rips billionaire tax—and opens a rift inside the Democratic Party
The business mogul fired shots at the Democratic economic patriot over concerns of taxing young startup companies out of California.
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Chelsea shareholders Walter and Boehly in talks to sell stakes to Clearlake
Negotiations come amid clashes over strategy and as Walter’s business empire faces scrutiny from regulators
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UK government to pay KPMG and EY up to £456mn to train civil servants
Deal marks largest contract awarded to Big Four firms in at least a decade
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The ‘Jamie premium’ nears $1 trillion as JP Morgan flirts with historic market valuation
CEO Jamie Dimon has spent two decades building JP Morgan into the lion of Wall Street. Its market cap was $138 billion when he took over
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New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial
Raul Torrez, New Mexico’s attorney general, is drafting two bills as a separate 29-state trial over child safety opens in Oakland tomorrow.