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Auto CEOs ask Trump to revisit Obama-era fuel efficiency rules

  Bloomberg The chief executives of 18 automakers asked President Donald Trump to reinstate a US Environmental Protection Agency review of fuel efficiency regulations through 2025 that they say was unfairly cut short during the final days of the Obama administration. In a February 10 letter, executives including Mary Barra of General Motors Co., Ford Motor Co.’s Mark Fields and ...

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Swiss reject tax reform, threatening country’s competitive edge

  Bloomberg Switzerland shot down the government’s plan to reform corporate taxation, a decision that risks hurting its appeal as a place for multinational companies. After opponents said the reform was a series of “complicated tax tricks,” voters opposed it by 60 percent to 40 percent, according to projections on broadcaster SRF. Polls had suggested the electorate was evenly split ...

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Coca-Cola tries to slim down business, not just drinks

  Bloomberg Coke is trying to slim down its business, not just its sodas. The Atlanta-based company said its profit fell 55 percent as global sales volume dipped and it booked charges related to getting out of the manufacturing and distribution of its drinks. Coca-Cola Co. has been selling those operations back to independent bottlers around the country and plans ...

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