Biden’s plan to raise corporate taxes would have a modest impact on profits of big U.S. banks and probably not before 2022, analysts said.
Singer is reportedly relocating Elliott Management to West Palm Beach.
Bloomberg has denied a media report that claimed the company is exploring a deal to sell a minority stake to a company controlled by Bill Ackman.
Berkshire has agreed to pay $4.1 million to settle its potential civil liability for 144 apparent violations of Iran sanctions by a rogue subsidiary.