Bloomberg Zygmunt Solorz, a media-shy Polish billionaire who owns lignite-fired power plants and a TV network, just spoke out on an unexpected subject: ecology. Solorz, who made his $2.5 billion fortune on mobile phones and television, plans to set up an association called Clean Poland Program that will encourage Poles to care more about clean air. The European Union’s largest ...

Bloomberg The US National Highway Traffic Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy group. NHTSA lawyers took issue with an October 7 Tesla blog post that said the Model 3 had achieved the lowest ...

Bloomberg The escalating trade war between the US and China is nudging the world economy towards its first recession in a decade with investors demanding politicians and central bankers act fast to change course. In the US alone, the recession risk is “much higher than it needs to be and much higher than it was two months ago,” Lawrence Summers, ...