United States
Tesla is under scrutiny by the federal agency that enforces workplace civil rights laws
Signage is displayed on the Tesla Inc. assembly plant in Fremont, California, on Tuesday, Sept. 22, 2020. David Paul Morris | Bloomberg | Getty Images A federal agency responsible for enforcing civil rights laws against workplace discrimination issued a cause finding against electric vehicle makers Tesla in June, according to a financial filing out Monday. […]
Read More
Wheat prices rise after Odessa attack; Russia says it targeted Ukraine military
Kremlin says Odessa strikes hit military infrastructure A spokesperson for the Kremlin on Monday insisted that the strikes in Odessa at the weekend targeted military infrastructure. Repeating an earlier statement from the defense ministry, Dmitry Peskov told reporters that the strikes wouldn’t influence the gain exports from the region. Ukrainian President Volodymyr Zelenskyy called the […]
Read More
Travelers should act now to capitalize on a strong dollar for trips abroad, says travel editor: ‘Don’t be too greedy’
Glowimages | Glowimages | Getty Images It’s a good time to be an American traveling abroad. The value of the U.S. dollar has been at its strongest in years relative to many major global currencies of late— meaning travelers can buy more overseas than in the recent past. Put another way, Americans are effectively getting […]
Read More
GM is far behind Tesla in electric vehicle sales. CEO Mary Barra has bet the company that will change
GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — In September 2017, General Motors CEO Mary Barra and her top executives visited the automaker’s design dome, considered hallowed ground within the company for its role in […]
Read More
How the Fed’s escalating fight against inflation is hitting the hot housing market
The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything higher. The U.S. Federal Reserve, though, is waging an intense fight against rising prices, using interest rates as its primary weapon. A side effect of raising […]
Read More
Russia-Ukraine expected to sign grain export deal; U.S. says Moscow deliberately weaponized food
Turkey says Russia and Ukraine are close to signing grain export deal A farm implement harvests grain in the field, as Russian-Ukrainian war continues in Odesa, Ukraine on July 04, 2022. Metin Aktas | Anadolu Agency | Getty Images A U.N.-backed deal to resume exports of Ukrainian grain could be signed on Friday, easing a […]
Read More
Former Coinbase manager and two others charged in crypto insider trading scheme
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Three people have been charged in the first-ever crypto insider trading tipping scheme, according to the U.S. Attorney’s Office for the […]
Read More
Airlines temper flying ambitions after chaotic — but profitable — travel rebound
An American Airlines Boeing 737-800, equipped with radar altimeters that may conflict with telecom 5G technology, can be seen flying 500 feet above the ground while on final approach to land at LaGuardia Airport in New York City, New York, U.S., January 6, 2022. Bryan Woolston | Reuters The leaders of the country’s biggest airlines […]
Read More
Amazon’s first U.S. union faces an uphill battle after historic win at Staten Island warehouse
When more than 2,600 workers at a Staten Island, New York, warehouse called JFK8 voted to join Amazon’s first U.S. union in April, it was a historic moment. But it was only the first step in a long uphill climb toward a contract. A week after the union won the election at JFK8, Amazon filed […]
Read More
Domino’s earnings miss expectations as pizza chain cites tough labor market, higher costs
An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported mixed quarterly results as the pizza chain struggled with higher costs and an ongoing shortage of delivery drivers. The Ann Arbor, Michigan-based company also said it’s […]
Read More