Bloomberg The Trump administration is proposing that limits on mercury pollution from power plants are too co- stly to justify and no longer “appropriate and necessary,” a finding that could make it difficult to impose more stringent curbs in the future. For now, at least, the Environmental Protection Agency isn’t seeking to rescind the 2012 standards, responding to a clamour ...

Bloomberg US consumer confidence slumped in December to the lowest since July as a gauge of labour market expectations fell by the most in 41 years, the latest sign Americans are growing less optimistic as stock markets gyrate and the expansion moderates. The confidence index decreased to 128.1 from 136.4, according to a report from the New York-based Conference Board. ...

Bloomberg Two years after the US Federal Trade Commission sued Qualcomm Inc, unleashing a series of existential challenges to the company’s business model, the chipmaker is about to get its chance to square the record. Lawyers for the regulatory agency and the company are set to begin presenting arguments on January 4 in a 10-day non-jury trial over claims that ...