SAN FRANCISCO (Reuters) -Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mex[...]
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April 24, 2024
US bans worker ‘noncompete’ agreements as business groups vow to sue
By Daniel Wiessner (Reuters) -The U.S. Federal Trade Commission on Tuesday approved a rule to ban agreements commonly signed by workers not to join their employers’ rivals or launch competing bu[...]
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US Supreme Court leans toward Starbucks in the case of pro-union workers
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday signaled support for Starbucks in the coffee chain’s challenge to a judicial order requiring it to re[...]
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Lynas Rare Earths’ revenue slumps, misses expectations
MELBOURNE (Reuters) -Australian miner Lynas posted a slump in third-quarter sales revenue on Wednesday, missing analyst expectations on the back of a plunge in prices for rare earths, while it flagged[...]
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Tesla prices Model 3 performance version at $46,364 in China, to deliver from Q3
BEIJING (Reuters) – Tesla Inc has priced its latest Model 3 performance version vehicle at 335,900 yuan ($46,364.29) in China. The automaker will start delivery of the vehicle from the third qua[...]
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Tesla could start selling Optimus robots by the end of next year, Musk says
By Akash Sriram (Reuters) – Tesla’s humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday. Several comp[...]
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Japan’s corporate service inflation perks up in March
TOKYO (Reuters) – Japan’s annual business-to-business service inflation accelerated for the second month to hit 2.3% in March, data showed on Wednesday, suggesting firms continued to pass[...]
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Wall Street closes higher as investors digest earnings, megacap outlook
By Chibuike Oguh (Reuters) -U.S. stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other[...]
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FAA probes union claims Boeing retaliated against two engineers in 2022
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said Tuesday it is investigating a union’s claims that Boeing retaliated against two employees who in 2022 insisted[...]
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