Bloomberg The Trump administration announced that fuel-efficiency regulations for cars and light trucks are too stringent and must be revised, beginning a process sought by the US auto industry to pare anti-pollution targets. The EPA also said it was considering whether to revoke the waiver that allows California to set its own, tougher emissions rules. The national greenhouse gas emission ...

Bloomberg Walt Disney Co. offered to buy Sky News to help Rupert Murdoch’s 21st Century Fox Inc. win over UK regulators reviewing Fox’s 11.7 billion-pound ($16.5 billion) acquisition of broadcaster Sky Plc. Disney is interested in acquiring Sky News regardless of whether its larger $52.4 billion takeover of most of Fox goes through, guaranteeing the editorial independence of the operation, ...

Bloomberg Blackstone Group LP said its female employees in the UK earn an average of 30 percent less than male colleagues, providing a rare glimpse into the gender pay gap in the private equity (PE) industry. Although more than 400,000 people work in private equity in the UK, most of the firms have fewer than 250 employees, exempting them from ...