Daily Digest: Zuckerberg to shutter tuition-free school; Affordable housing tax breaks in question

Good morning, Bay Area, and happy Earth Day. Starting off with oil and gas, the Chronicle reports that California could lose about 20% of its oil refining capacity in 12 months as two major refineries, Phillips 66 in Los Angeles and Valero Energy Corp. in Benicia, announced that they may close their refineries by the end of the year. Turning to the markets, the Dow Jones, S&P 500 and Nasdaq all ticked up about 2% this morning. Elsewhere on Wall Street, San Francisco-based Forge Global Holdings (NYSE:…

Apr 22, 2025 - 17:15
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Daily Digest: Zuckerberg to shutter tuition-free school; Affordable housing tax breaks in question
Good morning, Bay Area, and happy Earth Day. Starting off with oil and gas, the Chronicle reports that California could lose about 20% of its oil refining capacity in 12 months as two major refineries, Phillips 66 in Los Angeles and Valero Energy Corp. in Benicia, announced that they may close their refineries by the end of the year. Turning to the markets, the Dow Jones, S&P 500 and Nasdaq all ticked up about 2% this morning. Elsewhere on Wall Street, San Francisco-based Forge Global Holdings (NYSE:…