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Bloomberg The Trump administration has launched a multipronged legal assault on an agreement California struck with four carmakers in defiance of the president’s plan to ease national standards on tailpipe emissions. Lawyers from the Transportation Department and Environmental Protection Agency sent a letter to California’s top air-pollution regulator, urging the state to abandon its pact with the automakers and warning ...

Bloomberg Novo Nordisk A/S will offer new US discounts for its insulin drugs NovoLog, Tresiba, and Levemir, joining other pharmaceutical companies that have announced enhanced discounts after public criticism over high prices. In a statement, the Danish insulin maker said it would start a new cash discount programme for the insulins that will allow many American patients to buy a ...

Bloomberg Carbonite Inc, a provider of data protection services, is exploring a sale after receiving takeover interest, according to people familiar with the matter. Its shares rose. The Boston-based company is working with a financial adviser, said the people, who asked to not be identified because the matter isn’t public. It has drawn interest from private equity, the people said. ...

Bloomberg As President Donald Trump dragged the brawl over his forecast for Hurricane Dorian into a sixth day, a US agency released a statement bolstering his account — prompting a scathing response from the leader of an agency union. Trump has repeatedly and defiantly continued to defend his assertion that Alabama was in Dorian’s path. He showed White House reporters ...

Bloomberg On paper, it’s the most expensive condo tower in the US. And at 1,550 feet above Manhattan, it’s also the Western Hemisphere’s tallest. Extell Development is building Central Park Tower, the firm’s ultra-luxury follow-up to One57, the Billionaires’ Row skyscraper that touched off the city’s high-end construction boom — and set the stage for the market’s current slowdown. Costly ...

Bloomberg Roku said on Saturday that it will be making its smart TV technology available in Europe. The Los Gatos, US-based company will let manufacturers license reference designs for its TVs and use Roku OS to create smart TVs for sale in Europe, it said in a statement. Roku already has a partnership with Hisense Home Appliances Group Co and ...

Bloomberg Iran said it was no longer abiding by limits imposed on its uranium enrichment and centrifuge research by the 2015 nuclear accord, throwing down a new challenge to European leaders struggling to sustain their diplomatic push to calm the Gulf. The Islamic Republic will forge ahead with plans to develop its advanced centrifuges and has started injecting them with ...

Bloomberg An Iranian oil tanker that the US is trying to seize is near the Syrian port of Tartus, the Associated Press reported, citing satellite images. The Adrian Darya 1 had disappeared from satellite-tracking not far from Syria’s coast, according to data compiled by Bloomberg. It is thought to have 2 million barrels of oil on board. Previously called Grace ...

Bloomberg US Defense Secretary Mark Esper said China shouldn’t intervene forcibly in Hong Kong and warned European countries against becoming too dependent on Chinese investment. “We would obviously urge restraint and not to act, and to sit down and talk with the protesters and resolve the differences,” Esper said at a press conference in Paris with his French counterpart Florence ...

Bloomberg The US envoy for North Korea said the Trump administration is ready to negotiate whenever Kim Jong-un’s regime is ready, effectively confirming that months of American efforts to bring the two sides back to denuclearisation talks have stalled. “We have made clear to North Korea we are prepared to engage as soon as we hear from them,” Stephen Biegun, ...