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Oil Companies Snap Up Gulf of Mexico Drilling Leases Prior to Biden Pause

Hess Corp. was the high bidder in a US auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden administration imposes a two-year hiatus for future sales. ....

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Biden 2024 Campaign Holds Washington Retreat to Rally Donors

President Joe Biden’s reelection team will host donors for an end-of-year retreat as the campaign looks to shore up support among high-dollar fundraisers with just weeks before primary voters head to the polls. ....

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Astra, GSK, AbbVie Accused by Senator Warren of 'Abusing' Drug Patent System

AstraZeneca Plc, GSK Plc, AbbVie Inc. and other drugmakers are making “sham” claims to drug patents that drive up prices by preventing competition, US Senator Elizabeth Warren said in a series of letters to companies. ....

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Hunter Biden Tax Charges: Republicans Prepare Impeachment Proceedings

President Joe Biden faces a new threat to his reelection bid from the latest round of criminal charges against his son Hunter, with Republicans led by Donald Trump seizing on the case as a political gift. ....

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German Budget Crisis: Scholz Rules Out 'Dismantling' Welfare State

Chancellor Olaf Scholz told fellow Social Democrats he’s confident a deal can be reached in “very difficult” budget negotiations while ruling out cuts to social spending, green subsidies or military support for Ukraine. ....

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