Apr 26, 2023
Tesla broke U.S. labor law by silencing workers, official rules

By Daniel Wiessner (Reuters) - Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official…

Apr 01, 2023
US unveils stricter EV tax credit rules, effective April 18

By David Shepardson and David Lawder WASHINGTON (Reuters) -The U.S. Treasury Department unveiled stricter electric vehicle tax rules on Friday that will reduce or remove tax credits on some zero-emission models but grant buyers another two weeks before the new…

Mar 29, 2023
Germany unveils immigration reform plan to tackle labour shortages

BERLIN (Reuters) -Germany on Wednesday unveiled draft reforms on immigration, skills training and promoting immigration from Western Balkan countries, a bid by Chancellor Olaf Scholz's government to plug labor shortages in Europe's largest economy. "Securing our skilled labor base is…

Mar 23, 2023
U.S. Fed delivers small rate hike amid global banking turmoil

By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the…

Mar 21, 2023
Credit Suisse, UBS deal: What you need to know

(Reuters) - Investors took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS, though concerns lingered about the risk of shockwaves further damaging credit markets and smaller U.S. banks. Attention is now on this…

Mar 20, 2023
Scratched EV battery? Your insurer may have to junk the whole car

By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles -…

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