Global Glance: France looks toward presidential vote following attack; Trump orders probe into whether steel imports harming US

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Here are today’s top business headlines from across the nation and world:

After attack, France looks toward weekend presidential vote

PARIS (AP) — France began picking itself up Friday from another deadly shooting claimed by the Islamic State group, with President Francois Hollande convening the government’s security council and his would-be successors in the presidential election campaign treading carefully before voting this weekend. Investigators found a pump-action shotgun and knives in the car of the gunman who targeted police on the Champs-Elysees, and were working to determine whether he had accomplices. One of the key questions was whether, and how, the attack that killed one police officer and wounded three other people might impact voting intentions. Read more

Trump orders probe into whether steel imports harming US

WASHINGTON (AP) — President Donald Trump directed his administration Thursday to expedite a just-launched investigation into whether steel imports are jeopardizing U.S. national security, saying, “This is not an area where we can afford to become dependent on other countries.” Executives from U.S. steelmakers, who support the review, stood behind Trump as he signed a memo directing Commerce Secretary Wilbur Ross to return recommendations in the “very, very near” future. Trump said that could be as soon as 30 to 50 days. Read more

Sentence next for Volkswagen in US diesel emissions scandal

DETROIT (AP) — Volkswagen and the U.S. government are asking a judge to approve a $2.8 billion criminal penalty against the automaker for cheating on diesel emissions tests. Federal Judge Sean Cox is holding a hearing Friday in Detroit, six weeks after the German automaker pleaded guilty to conspiracy and obstruction of justice. The judge wanted more time to consider the plea deal and fine negotiated by VW and the U.S. Justice Department. Read more

Greece beats a key bailout target but faces hard choices

ATHENS, Greece (AP) — Greece has beaten a key bailout target for its public finances, but will still face some painful choices as it tries to negotiate with creditors how much more budget austerity it should impose on its people in coming years. Read more

Trump’s budget chief says money for border wall a must

WASHINGTON (AP) — Money for the wall President Donald Trump wants to build along the U.S. border with Mexico must be part of the massive spending bill Congress is preparing, the White House budget director says. Additional funding also must be included to hire more immigration agents, Mick Mulvaney told The Associated Press in an interview in which he laid out the top priorities of the president. Read more

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