Workers cannot sue over COVID spread to households, California court rules

By Daniel Wiessner (Reuters) -Employers cannot be held liable when workers contract COVID-19 on the job and spread it to their household members, California’s top court has ruled, siding with business groups that warned of a potential flood of litigation. The seven-member California Supreme Court on Thursday ruled unanimously that allowing so-called “take-home COVID” claims…

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Tesla wants EPA to finalize tougher vehicle emissions rules

By David Shepardson WASHINGTON (Reuters) -Tesla wants the Biden administration to finalize more stringent vehicle emissions limits than those proposed in April by the Environmental Protection Agency (EPA), putting the automaker at odds with other manufacturers. The EPA in April proposed 2027-2032 vehicle standards that would cut emissions by 56% and result in an estimated…

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Factbox-Companies in Alzheimer’s race after US nod for Eisai/Biogen drug

(Reuters) – Eisai Co Ltd and Biogen Inc’s Leqembi emerged as the first Alzheimer’s treatment to win the U.S. Food and Drug Administration’s standard approval on Thursday, a milestone in drug development for a disease that has seen multiple failures in the past. The following is a list of companies that are currently developing treatments…

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Central bankers lay out digital currency cyber threat

By Marc Jones LONDON (Reuters) – The central bankers’ central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks on the new wave of digital national currencies under development. Around 130 countries are now exploring central bank digital currencies (CBDC) to keep up with…

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Brazil’s lower house approves ‘historic’ tax reform bill

By Maria Carolina Marcello and Gabriel Araujo BRASILIA (Reuters) -Brazil’s lower house of Congress approved on Friday the main text of a tax reform that will restructure the country’s complex consumption taxes, a move President Luiz Inacio Lula da Silva touted as a “great victory”. Such a reform – previously attempted by various administrations without…

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Rivian’s stock rallies to highest in 2023 after posting strong deliveries

By Chibuike Oguh NEW YORK (Reuters) -Shares of Rivian Automotive surged more than 18% on Friday as it continued to rally after the electric vehicle (EV) maker reported better-than-expected quarterly deliveries early this week. Rivian said on Monday it delivered 12,640 vehicles in the second quarter on steady demand from customers, beating market estimates. That…

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