Bloomberg The European Union unveiled its long-term vision on combating climate change in a push for more ambitious action on the environment just days after US President Donald Trump rejected his government’s warning on the economic costs of global warming. The 28-nation bloc, responsible for 10 percent of global greenhouse-gas emissions, set a 2050 perspective to help give direction to ...

Bloomberg Microsoft Corp surpassed Apple Inc to become the world’s most valuable publicly traded company. All it took was a $300 billion rout. After briefly claiming the top spot, Microsoft shares rose 0.6 percent, pushing the company’s market value to $828.1 billion at the close. That exceeded by more than $1 billion the value of Apple, which has tumbled this ...

Bloomberg President Donald Trump’s threat to cut subsidies to General Motors Co in retaliation for the automaker’s plan to close US factories was met with immediate skepticism. While it’s true that GM, like other US automakers, has received substantial federal assistance over the years — including a nearly $50 billion bailout in 2009 — experts cast doubt on the idea ...