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  WASHINGTON / AP Facing a new wave of questions about his ties to Russia, President Donald Trump is telling advisers and allies that he may shelve — at least temporarily — his plan to pursue a deal with Moscow on the IS group and other national security matters, according to administration officials and Western diplomats. In conversations with diplomats ...

  Bloomberg The Trump administration plans to open the door to a possible reconsideration of greenhouse gas emission standards for cars and light trucks that has been sought by automakers, according to a person familiar with the plans. The Environmental Protection Agency in the final days of the Obama administration decided to lock in the emissions standards through 2025 that ...

  Bloomberg The UK government said it is leaning toward intervening in 21st Century Fox Inc.’s proposed 11.7 billion-pound ($14.3 billion) takeover of Sky Plc, citing the potential impact on media plurality and broadcasting standards, and will make a final decision within 10 days. “I have concerns that there may be public-interest considerations — as set out in the Enterprise ...

  Bloomberg AT&T Inc., the largest US phone-service provider, will bring about 3,000 jobs back to the US as part of a tentative labor agreement with union employees in Texas and four other states. The Dallas-based phone company has committed to adding the jobs in its Southwest district by the end of 2018, a spokesman said Friday. The Communications Workers ...

  Bloomberg Mexico’s top trade negotiator will grant President Donald Trump this: Nafta is in need of updating. He doesn’t agree, however, that the US auto industry has gotten the short end of the stick. The North American Free Trade Agreement has served the US, Canada and Mexico well, Economy Minister Ildefonso Guajardo said on Friday at a luncheon hosted ...

  Bloomberg PSA Group and General Motors Co. are set to announce on Monday the purchase of the Opel brand by the French company, creating the region’s second-largest automaker and allowing GM to exit the European market, according to people familiar with the matter. The two carmakers, which sent an invitation for a joint press conference in Paris on Monday, ...

  Being the fastest-growing large economy in the world is India’s destiny, and even the most poorly conceived economic policy imaginable can’t stop destiny. At least, that is, if you believe the government’s statisticians, who said on Tuesday that India’s GDP grew at 7% in the very quarter that the government withdrew high-value currency notes from circulation. Is India becoming ...

  When making a decision such as whether to hire, insure or lend to someone, is more data better? Actually, when it comes to fairness, the opposite is often true. Consider a recent Harvard Business Review experiment, which involved sending 316 fake applications to the largest U.S. law firms. All the applicants were among the top 1 percent of students ...

  Beijing had the best of intentions when it started to promote all-electric taxis in 2011. Not only would the green cars reduce the city’s choking pollution, but they’d highlight its commitment to becoming a center of innovation. There was just one problem: cold weather. Electric cars lose their charge quickly when temperatures drop, reducing their range, utility and — ...

  Bloomberg Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the lowest levels since 2013, according to Gazprom PJSC. Europe’s appetite for natural gas will probably meet or even exceed last year’s growth as the region needs to replenish its lowest gas storage levels since 2013, according to Gazprom ...