Bloomberg Energy Secretary Rick Perry has told confidants he plans to resign from the Trump administration by the end of the year. Perry, an Air Force veteran who was previously Texas’ longest serving governor, was to spend some time in the Oval Office but hadn’t intended to tell President Donald Trump of his departure timeline. Perry’s plan to depart comes ...

Bloomberg Apple Inc has told suppliers to increase production of its latest iPhone 11 range by as much as 10% to meet stronger-than-expected sales of the new handsets, the Nikkei Asian Review reported, affirming resilient demand for the company’s most important gadget. The boost would add 7 million to 8 million units to what the Cupertino, Calif-based company had initially ...

Bloomberg General Motors Co and the United Auto Workers (UAW) moved closer to a deal that would end the strike that’s divided them for almost three weeks. The automaker and union have agreed on most of the key issues, but two main sticking points remain. They are boosting employee pension plans and shortening the length of time required for entry-level ...

Bloomberg President Donald Trump lauded a tight labour market as the unemployment rate hit a 50-year low. He didn’t mention job losses appearing in manufacturing, a key industry for his base of supporters. Total payrolls at factories contracted by about 2,000 in September, when economists had expected a 3,000 gain. The data was released as part of the monthly jobs ...

Bloomberg Google Chief Executive Officer Sundar Pichai announced that the internet-search giant is signing on to presidential daughter and senior adviser Ivanka Trump’s pledge to train American workers. At an event in Dallas, Pichai said Google planned to provide training for 250,000 workers over the next year and provide a $3.5 million education grant. The Alphabet Inc unit will offer ...

Bloomberg The 2020 Chevrolet Corvette Convertible, which debuted at the Kennedy Space Center in Florida, is the first Vette in history to have a hard, retractable roof, rather than one made of canvas. The hardtop on the new mid-engine Corvette Stingray Convertible folds seamlessly into the body, maintaining the fighter jet-inspired lines of the coupe version, providing a quieter cabin, ...

Bloomberg North Korea said it’s not keen to hold more talks with the US until measures are taken to withdraw Washington’s “hostile policy” towards Pyongyang, South Korea’s Yonhap News Agency reported. The US was using the latest talks in Stockholm for the benefit of its domestic politics, the Yonhap report said, citing a statement from the North Korean foreign ministry. ...

Bloomberg Australia has rejected a US extradition request for an Iranian student who had been accused of conspiring to smuggle electronic military devices to his homeland. “I considered that, in all the circumstances of this particular case, Mr Dehbashi Kivi should not ultimately be extradited to the United States,” Attorney-General Christian Porter said in a statement, the same day Iran ...

Bloomberg Tunisians went to the polls on Sunday with the major political parties looking to rebound from their defeat by outsiders in last month’s presidential vote by securing a strong position in the powerful parliament. Choosing the 217-member assembly has traditionally been the principal election in the North African country since its 2011 uprising ushered in democracy. But the shock ...

Bloomberg Even before the prospect of impeaching Donald Trump arose, the US Supreme Court term that opens on Monday was going to thrust the justices into the nation’s political wars in the run-up to next year’s election. In its first full term with two Trump appointees, the court is planning to hear fights over deportation protections and gun regulations. The ...