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California, EPA trade barbs on fuel efficiency as deadline looms

Bloomberg US and California officials agreed on one thing about auto emissions standards: they’re still miles from an agreement, with a crucial deadline just two months away. In separate comments, Sacramento and Washington’s top environmental regulators said they’ve yet to overcome a long-running impasse over the Trump administration’s proposal to cap auto emissions and fuel economy standards after 2020 and ...

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UK services sector raises risks for economic growth

Bloomberg The UK economy is at risk of stalling after growth in the services sector came close to a standstill, with firms growing increasingly anxious about Brexit. The purchasing managers index for services dropped to a 2 1/2-year low in January, IHS Markit said in a survey, falling more sharply than economists had forecast. Companies said they were less likely ...

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J&J to settle bulk of consumer lawsuits

Bloomberg Johnson & Johnson, the world’s largest maker of health-care products, has agreed to settle the bulk of consumers’ lawsuits alleging it sold defective artificial hips and misled patients about their dangers, according to a lawyer for the plaintiffs. “The parties have reached an agreement that hopefully will resolve most, if not all, of the litigation,’’ said attorney Mark Lanier, ...

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