Billionaire Tom Steyer recalls a dinner at the U.S. Treasury in Washington with two senior department officials and six money managers. It was August 2012, and the meal was part of an effort by the agency to keep up with what the financial community was worrying about. The diners discussed China’s slowdown, Federal Reserve policy and other trends affecting the U.S. economy.
Toyota Motor Corp. has long held out hydrogen as the ultimate alternative to gasoline for powering autos. Soon, consumers will be able to kick the tires of its fuel cell-powered car and those of other automakers.
Germany’s players face the most uncomfortable start to the World Cup in Brazil, with a projected average temperature of 28 degrees Centigrade (83 Fahrenheit) and high humidity for its first three games, according to data compiled by Bloomberg.