Business

Trump rollback of Obama climate agenda may prove challenging

Trump rollback of Obama climate agenda may prove challenging

Daniel Becker, director of the Safe Climate Campaign, said the standards already have pushed average new-vehicle gas mileage up by 5 mpg since 2007, reducing America's oil use and helping to drive down gasoline prices worldwide. The EPA has until April 2018 to make a final determination. Trump's transition team did not immediately respond to a request for comment. If the rules for model years after 2021 are left in place, the emission standard will increase to about 43 miles per gallon ...



Will Italy's political drama spawn a new eurozone crisis?

That could see "a prolonged muddle-through period, the emergence of an ineffective patched-up coalition government in the post-election phase and continuously poor economic performance", Piccoli said in an emailed comment. The result will certainly embolden the two important opposition movements - the Five Star Movement and Northern League, said Chris Bickerton, a lecturer at Cambridge University and author of "The European Union: A Citizen's Guide".



Trump's tariff plan hits a hurdle: Congressional Republicans

Trump said he'd impose a 35 percent tax, called a tariff, on companies that close US factories, cut American jobs, then relocate overseas and try to sell their products back to the United States. The answer would be we're going to have tax reform. "This is not a fight he can win", said Jim Manley, a lobbyist and former adviser to Senate Minority Leader Harry Reid.


Presidential recount in Michigan expands to Detroit area

Presidential recount in Michigan expands to Detroit area

Stein sued Pennsylvania election officials in federal court, demanding a statewide recount. Green Party candidate Jill Stein is trying to force recounts in three states. A hearing is scheduled Tuesday on those actions. It would require any candidate who loses by more than 5 percentage points to pay 100 percent of the estimated cost of the recount.


Court blocks expansion of overtime pay rule after states sue

Court blocks expansion of overtime pay rule after states sue

The new rule would have doubled the salary threshold necessary to be exempt from overtime requirements. In a last-minute decision, a judge in Texas has put the nationwide overtime rule on hold just days before it was set to go into effect December 1, 2016.



Figures show Cyber Monday still the year's biggest sales day

They saw more discounts early this year and use services like buying item online and picking them up in the store, Cannata said. Between midnight and 10:00 a.m. "I'm shopping soon rather than later, to get it over with and not having to worry about things being sold out", Agnello said. Don't sleep on this day of online deals though.