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Congress mulls reviving tax breaks prized by ADM, Tesla

Bloomberg US lawmakers led by Senate Finance Committee Chairman Charles Grassley are negotiating a potential revival of expired tax breaks in last-minute negotiations over a government spending bill. The talks are focussed on reinstating the so-called tax extenders, a move that could be a boon to the biofuel and short-line railroad industries that were hoping to see renewal of valuable ...

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Live Nation facing suit over violation of Ticketmaster deal conditions

Bloomberg The US Justice Department is readying a lawsuit against Live Nation Entertainment Inc over alleged violations of conditions imposed on the company by regulators when it bought Ticketmaster nearly a decade ago, according to a person familiar with the matter. The department’s antitrust division approved the merger in 2010 after imposing a host of rules that that were intended ...

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Mercedes delays US EV debut as Audi, Jaguar SUVs flop

Bloomberg Mercedes-Benz is putting off the US debut of its first electric vehicle by a year in the latest sign of just how difficult a time automakers are having replicating Tesla Inc’s success. Daimler AG’s luxury brand will start sales of the EQC crossover in 2021 rather than early next year. The German carmaker said in an emailed statement that ...

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