Bloomberg A panel of state finance ministers cleared a bill that will compensate states for any revenue lost as a new nationwide goods and services tax is introduced in July. The government will now present the compensation bill in the second phase of the parliament’s budget session, Finance Minister Arun Jaitley told reporters in the northwestern city of Udaipur …

TOKYO / AP Japan’s economy expanded at a steadily slowing pace in 2016, though a modest recovery in exports helped offset sluggish spending by households and businesses, according to data reported. The 1.0 percent annual pace of expansion for the year compared with 1.2 percent growth in 2015. For all but one quarter of the year, private demand was flat …

  Bloomberg After a rocky start, Boeing Co. Chief Executive Officer Dennis Muilenburg appears to have gained the ear of President Donald Trump. The US planemaker was one of Trump’s first post-election corporate targets, and a tweet about soaring Air Force One costs briefly tanked the company’s shares in December. But the Twitter tirade also gave Muilenburg an opening to …