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California, carmakers come to agreement on emissions standards

Bloomberg California and the auto industry mostly agree that the state should maintain a role in setting vehicle emissions standards despite Trump admin- istration efforts to curb its authority, according to the head of the California Air Resources Board. “We are now, I think it is fair to say, in a confusing situation,” Mary Nichols said at the Edison Electric ...

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Imerys unit settles Talc claims for $5mn

Bloomberg A unit of Imerys SA agreed to settle claims by 22 women that talc it supplied to Johnson & Johnson for baby powder was tainted with asbestos and caused their cancers. The Paris-based minerals company’s unit didn’t acknowledge that the talc was tainted or dangerous. The terms of the settlement are closely guarded and won’t be made public. But ...

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Breakneck pace of US job gains seen getting tougher to sustain

Bloomberg US job growth in May vaulted payroll gains above 1 million in 2018, reaching the milestone a month earlier than in the past two years. Whether the labor market can maintain such a breakneck pace amid a diminishing pool of skilled workers is another question. Employers added 223,000 jobs last month, more than forecast and bringing payroll gains for ...

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