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Trump pushes limits on unpaid workers

Bloomberg The Trump administration has ordered thousands of furloughed federal employees back to work without pay to inspect planes, issue tax refunds, monitor food safety and facilitate the sale of offshore oil drilling rights. The efforts in recent days illustrate how President Donald Trump is trying to limit the impact of the partial government shutdown and shield favoured industries as ...

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Volkswagen-Ford alliance leaves investors feeling jilted

Bloomberg The much-anticipated alliance announcement by Volkswagen AG and Ford Motor Co left investors feeling let down as it lacked a big-bucks plan to join forces on electric vehicles and self-driving cars. Wall Street was hoping for a blockbuster deal, such as the billions of dollars General Motors Co. landed for its self-driving unit from Honda and SoftBank Vision Fund ...

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US home sales dip, price growth hits 6-year low

Bloomberg Home sales in the US slumped in December, while prices inched up slightly, marking the smallest annual increase since the end of the last housing crash in 2012, according to data from brokerage Redfin. The median home price rose to $289,800 in December, a gain of 1.2 percent, the slowest monthly pace since March 2012. Sales dropped by almost ...

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