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BMW plans car-subscription pilot in Nashville

Bloomberg BMW AG will begin a car-subscription pilot in Tennessee next week, joining the ranks of automakers experimenting with new ownership models as ride hailing and smartphones upend traditional auto retailing. The service, called Access by BMW, will be offered by a local BMW dealership in Nashville starting from April 2, according to a person familiar with the company’s plans ...

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Facebook: Zuckerberg won’t testify to British lawmakers

Bloomberg Facebook Inc. CEO Mark Zuckerberg has said he will not appear before a UK parliamentary committee to give evidence in the wake of allegations that information on millions of its users was misused. Damian Collins, the head of the committee that is also investigating the impact of social media on recent elections, had invited Zuckerberg to answer for a ...

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Rift opens between Germany, France over US steel tariffs

Bloomberg Germany is willing to offer the US concessions to stop President Donald Trump from slapping tariffs on European steel and aluminum, exposing a divide with France on how to avert a trade war. Germany is ready to discuss with the European Union in every respect measures to counter the US threat to impose tariffs, according to a government official ...

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