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US papers - Tesla Motors, BMW Envision Healthcare and more

Last updated: 07:08 09 Jun 2016 EDT, First published: 02:08 09 Jun 2016 EDT

Pictured a Tesla electric motor car

German car giant BMW has beaten California-based Tesla Motors Inc by winning a contract to supply the Los Angeles Police Department with 100 electric cars, the LA Times writes in an intriguing piece today.

BMW is leasing 100 of its i3 all-electric plug-in vehicles, which the LAPD plans to use for community outreach and other police business — but not patrols or car chases.

That will bring to almost 200 the number of electric vehicles the city is using in its various departments, the papers says.

Weak and small compared with the mighty Tesla, the BMW is also more affordable. The small German electric car costs $42,000, or well under half the Tesla’s price.

The same paper runs  a headline: 'Key government reports were wrong about methane leaks' severity, environmental group alleges'

An environmental organization filed a federal complaint Wednesday, alleging that key reports by a top US Environmental Protection Agency official wrongfully stated the severity of methane leaks across the nation’s natural gas industry.

In its 68-page complaint to the EPA’s Office of Inspector General, NC Warn, a 28-year-old climate and energy justice organization based in North Carolina, alleges that David Allen, a university faculty member who was head of the EPA’s Science Advisory Board at the time of the reports, should have corrected studies about methane leaks after the equipment used for the reports was proved faulty.

In other news, it is widely reported that 85 year old  billionaire investor George Soros has become more involved in trading at his family office.

He does so concerned about the outlook for the global economy and the risk that large market shifts may be at hand, according to a person familiar with the matter.

Soros, 85, has been spending more time in the office directing trades and recently oversaw a series of big, bearish investments, said the person, who asked not to be identified discussing private information.

The Wall Street Journal writes that AmSurg and  Envision Healthcare are holding merger talks.

It adds that a deal could be announced next week, forming a company valued at more than $9 billion

It would bring together two big providers of physician and other health-care services with a combined value of more than $9 billion, the paper says.

It adds that it isn’t clear how the deal would be structured and, as always, it is possible the talks could break down before one is reached.

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