#Supreme Court to consider overruling Chevron doctrine

#Supreme Court to consider overruling Chevron doctrine

The Supreme Court on Monday announced it will hear a case that could significantly scale back federal agencies’ authority, with major implications for the future of environmental and other regulations. The justices next term will consider whether to overturn a decades-old precedent that grants agencies deference when Congress left ambiguity in a statute. Named for…

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#Warren Buffett reveals big stakes in Verizon, Chevron

#Warren Buffett reveals big stakes in Verizon, Chevron

“#Warren Buffett reveals big stakes in Verizon, Chevron” Warren Buffett’s Berkshire Hathaway on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications and a $4.1 billion stake in oil company Chevron. The investments were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed stock holdings as of Dec….

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#ExxonMobil, Chevron reportedly discussed merger last year

#ExxonMobil, Chevron reportedly discussed merger last year

“#ExxonMobil, Chevron reportedly discussed merger last year” The heads of ExxonMobil and Chevron considered merging the two oil giants last year in a deal that may have been the largest corporate marriage ever, according to reports. Exxon CEO Darren Woods and Chevron chief Mike Wirth discussed the megadeal after the start of the coronavirus outbreak…

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