Author: Marie Cabural

State Severance Tax Revenues from Fossil Fuels Drop

State Severance Tax Revenues from Fossil Fuels Drop

The U.S. Energy Information Administration (EIA) reported that the revenues of several states from severance tax on fossil fuels declined as energy prices continue to fall. According to the agency, several states are re-evaluating their current and upcoming operating budgets […]

Avenue Capital Junk Bond Fund Stops Reporting AUM Levels

Avenue Capital Junk Bond Fund Stops Reporting AUM Levels

Avenue Capital Management’s junk bond fund voluntarily stopped reporting its daily asset under management (AUM) figures to the top tracking firms of the mutual fund industry, according to Reuters. Billionaire Marc Lasry is the co-founder and chief executive officer of Avenue […]