Reuters US Business

By Daniel Wiessner (Reuters) – A U.S. anti-discrimination agency has asked a federal judge to reject Tesla Inc’s bid to pause a lawsuit alleging widespread racial bias at the electric carmaker’s flagship Fremont, California, assembly plant. The Equal Employment Opportunity Commission (EEOC) in a filing in federal court in San Francisco late on Wednesday said …

US agency suing Tesla for race bias says no need to pause lawsuit Read More »

By Daniel Wiessner (Reuters) – Alphabet Inc’s Google violated U.S. labor law by refusing to bargain with a union representing contract workers for YouTube Music, a federal agency has ruled. The National Labor Relations Board (NLRB) in a decision on Wednesday rejected claims by Google, which owns YouTube, that it should not be considered the …

Google must bargain with YouTube worker union, US labor board rules Read More »

By Nicole Jao NEW YORK (Reuters) – The U.S. solar industry will experience modest growth in 2024, as electricity prices decline and support from the Inflation Reduction Act (IRA) rolls in, SolarEdge Chief Financial Officer Ronen Faier said on Thursday. “We’ve bottomed in the last two quarters,” Faier told investors at a Goldman Sachs conference …

SolarEdge sees moderate growth in U.S. solar industry this year Read More »

By Lewis Jackson SYDNEY (Reuters) – Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country’s automotive association, however light vehicle sales remained dominated by emissions-intensive trucks and sports utility vehicles (SUVs). Battery-electric vehicles were 7.2% of all vehicles sold last year, more than double the 3.1% recorded in …

Australia struggles to ditch SUV habit even as electric vehicle sales hit record Read More »

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials in December launched an expansive debate about a coming turn in U.S. monetary policy, with fresh concerns voiced about how long the economy could hold up under current high interest rates and at least initial discussion about when to halt the rundown of its balance sheet, according …

Fed minutes cite lower inflation risks, concern about ‘overly restrictive’ policy Read More »

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell to nearly a three-year low in November as the labor market gradually cools, which could pave the way for the Federal Reserve to start cutting interest rates this year. Americans are also feeling the shift in the labor market, with the report from the Labor …

US job openings, quits near three-year low as labor market eases Read More »

By Chris Taylor NEW YORK (Reuters) – Loretta Day was facing a financial emergency. The Delta Air Lines flight attendant’s daughter was moving apartments and needed quick cash for a deposit – but did not have enough in savings. In the old days, the Atlanta resident might have put it all on credit cards at …

How to save for an emergency, with help from your employer Read More »