Bloomberg Business

Tesla Inc. was sued by the US Equal Employment Opportunity Commission, which alleges it created a hostile work environment for racial minorities at its California factory.

(Bloomberg) — United Parcel Service plans to use automation and efficiency on package sorting to reduce some of the roughly 140,000 “inside” workers who aren’t drivers, according to a Citigroup report by analyst Christian Wetherbee.  

(Bloomberg) — Former Vice President Mike Pence accused Donald Trump of abandoning his commitment to low taxes, saying his former running mate’s proposal for a 10% universal tariff would cost US jobs and worsen inflation for American families.

Federal prosecutors charged a former employee at Goldman Sachs Group Inc. and Blackstone Inc. with securities fraud for allegedly tipping his friends to more than half a dozen deals.

Whoever wins next month’s general election in New Zealand will inherit one of Asia Pacific’s worst-performing stock markets, with more downside likely ahead.

Australia’s central bank will stand pat for a fourth straight meeting next week as past interest-rate increases gain greater traction, giving new Governor Michele Bullock scope to wait and assess.

Oil’s rally to $95 a barrel faltered as investors cashed out and the market settled in overbought territory.

Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers shouldn’t place too much weight on the traditional economic idea that steep job losses are needed to quell inflation, which he said could lead officials to raise interest rates too high.

White House staff received guidance about how they will be affected by a government shutdown, the latest sign preparations for the federal workforce are accelerating as a spending deal remains out of reach ahead of Sunday’s deadline.