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Britain’s trickiest economic challenge is back in spotlight

Bloomberg Eclipsed by Brexit headlines, the most puzzling economic problem facing Britain is back in the limelight. Abysmal productivity growth has plagued the UK for a decade, sapping its underlying strength and undermining wage growth. Countless explanations and solutions have been proffered, and now the debate is raging again after a proposal that fixing it be made one of the ...

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Canadian auto parts maker urges US to abandon tariff plan

Bloomberg Canadian auto parts maker Magna International Inc. has joined a chorus of automotive companies urging the US not to impose tariffs on their products. The proposed tariffs would negatively affect both the US and Canada, cut jobs, and raise prices for consumers, Magna, among the the largest automotive suppliers in the US, said in a letter to US Commerce ...

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Tesla finally hits Model 3 production target

Bloomberg Tesla Inc. reached a milestone critical to Elon Musk’s goal to bring electric cars to the masses — and earn some profit in the process — by finally exceeding a long-sought production target with the Model 3. By building more than 5,000 of the sedans in the last week of the second quarter, Tesla “just became a real car ...

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