Bloomberg When a potential cliff-edge Brexit loomed last spring, Albion Stone stockpiled equipment and materials as a precaution against disruptions. Not this time around. Michael Poultney, the business director at the Redhill, England-based firm, is still smarting after spending more than $240,000 on preparations, only to see Britain’s exit from the European Union pushed back to October 31, or perhaps ...

Bloomberg California, New York and 10 other states sued the Trump administration for weakening Obama-era auto regulations intended to increase industry compliance with federal fuel-efficiency standards. The suit filed in the federal appeals court in Manhattan challenges a final rule issued by the National Highway Traffic Safety Administration that reduces financial penalties for companies that fail to meet corporate average ...

Bloomberg Supercar manufacturers typically operate in the rarefied sphere of recession-proof consumption, where wealthy customers possess enough money to drop $300,000 or more on their purchases. Ferrari NV experienced the limits of that behaviour, reporting growth in the second quarter far behind the first three months of the year, sending its stock tumbling. Both profit and shipments slowed from more ...