Business + Money

A Tesla factory in Fremont, California, has been sued by its Black employees for continued discrimination since 2015, including graffiti that showed “Swastikas, threats, and nooses.” Allegations of Racial Harassment at Tesla Tesla, the electric car manufacturer, is facing serious allegations of fostering a hostile work environment for its Black employees. Lawsuit by the EEOC … Read more

The U.S. could be about to break China’s dominance in the rare mineral industry after discovering a reported 2.34 billion tons of rare minerals in a site in Wyoming. Groundbreaking Discoveries in Rare Earth Minerals American Rare Earths Inc. revealed a 64% increase from its original estimate of rare minerals found in Wheatland, Wyoming.  China … Read more

Record-high cocoa prices are affecting the chocolate industry, with major manufacturers like Hershey issuing profit warnings to consumers facing increased costs amidst concerns over climate change’s impact on cocoa production. Here’s the whole story.  Bitter Reality At times, it seems things cannot get any worse, but unfortunately for us all, they can. In what is … Read more

The United States is witnessing a significant exodus from its workforce, with approximately 10,000 older adults bidding farewell each day. The COVID-19 pandemic hastened this trend, which was first sparked by the aging baby boomer population. More and more people are choosing to retire early and prioritize their health. Stagnant Labor Force The ramifications are … Read more

The luxurious city of Beverly Hills has been dealt what some believe to be a huge blow after a judge ruled residents could not build luxury amenities in their mansions until more affordable housing was created. Beverly Hills Residents Stalled in Home Renovations Beverly Hills has paused all home renovations until the city addresses the … Read more

As video game companies make massive amounts of money, layoffs and restructuring are happening all across the industry, leading to calls for unionization. Here’s the full story.  The Game of Life During the pandemic, starved of human interaction and a place to gather safely, millions picked up a controller to console their deep-seated need to … Read more

Meta’s quarterly results have been released, and it has seen Mark Zuckerberg’s already considerable wealth skyrocket despite low expectations. An Incredible Net Worth Facebook founder Mark Zuckerberg now has a $170.5 billion net worth, with Meta’s quarterly results adding a whopping $28 billion to his personal wealth.  Soaring Beyond Expert Expectations Despite Wall Street’s less-than-stellar … Read more

The U.S. House of Representatives recently passed a landmark tax package, delivering a significant policy shift aimed at supporting American families and businesses.  A $78 Billion Package The Tax Relief for American Families and Workers Act of 2024, valued at $78 billion, will provide extensive support through expanded child tax credits and revived business tax … Read more

Nevada narrowly avoided a huge walkout from hospitality employees ahead of a Super Bowl weekend that would see hundreds of thousands of tourists flood the Las Vegas strip. Biden used the deal to fulfill his promise to become the “most pro-union President.” Deadline Looms for Agreement Hospitality workers and their employers had until early Monday … Read more

U.S. courts have announced that $108 million in cash and $25 million worth of oil has been seized from a global network of Iranian oil smugglers. U.S. Justice Department Launches Legal Cases The U.S. Justice Department initiated a potential indictment on three separate counts targeting Iran’s oil trade, revealing a network established by Iran in … Read more