Nikola Founder Asks Judge To Block Evidence Of ‘wealth’, ‘lifestyle’ In Fraud Case
(Reuters) – Trevor Milton, the billionaire founder and former chief executive of Nikola Corp has asked a federal judge to…
June 2022
Yen Drops To Fresh 24-year Low Vs U.S. Dollar
By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) – The Japanese yen plunged against the U.S. dollar on Tuesday…
2 Black executives leave Amazon amid changes in leadership
Two Black executives at Amazon are leaving the company, the e-commerce juggernaut confirmed Tuesday, hours after CEO Andy Jassy named…
Tesla Worker Rejects $15 Million Payout In Race Bias Lawsuit
By Daniel Wiessner (Reuters) -A Black former elevator operator at Tesla Inc’s flagship California assembly plant on Tuesday rejected a…
Microsoft Stops Selling Emotion-reading Tech, Limits Face Recognition
By Paresh Dave OAKLAND, Calif. (Reuters) – Microsoft Corp on Tuesday said it would stop selling technology that guesses someone’s…
Anticipating US Downturn, Elon Musk Details Tesla Staff Cuts
By Andrew Mills, Yousef Saba and Hyunjoo Jin DOHA (Reuters) -Elon Musk, CEO of Tesla, said a 10% cut in…
UK rail strike strands commuters, pits workers against govt
LONDON (AP) — Tens of thousands of railway workers walked off the job in Britain on Tuesday, bringing the train…
Fed’s Powell facing rising criticism for inflation missteps
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic…
U.S. Home Sales Slump Further; Median House Price Hits Record High
By Lucia Mutikani WASHINGTON (Reuters) -U.S. existing home sales tumbled to a two-year low in May as prices jumped to…
Oil Climbs $1 Per Barrel On Strong Demand, Tight Supply
By Arathy Somasekhar HOUSTON (Reuters) -Oil rose $1 per barrel on Tuesday on high summer fuel demand while supplies remained…