By Jonathan Stempel(Reuters) - Tesla (NASDAQ:TSLA) has settled a racial discrimination lawsuit by a Black female employee who claimed a manager at its Fremont, California, plant sometimes greeted workers by saying "welcome to the plantation" or "welcome to the slave house."Raina Pierce, who installed latches on car doors, and the automaker led by billionaire Elon Musk agreed to a settlement propos ...
By Ross Kerber(Reuters) -U.S. energy regulators gave BlackRock (NYSE:BLK) renewed permission to own major stakes in public utility companies on Thursday, a win for the world’s top asset manager over politically-charged concerns that it wields too much influence.The decision by the U.S. Federal Energy Regulatory Commission included a concurring opinion by Mark Christie, its Republican chairman. H ...
By Douglas Gillison and Tim ReidWASHINGTON (Reuters) -The U.S. Consumer Financial Protection Bureau, the agency created to serve as a watchdog for American consumers against predatory business practices, said on Thursday it planned to dismiss as much as 90% of its remaining workforce, resuming mass firings less than a week after a federal court ruling granted the Trump administration leeway in set ...
By Stephen Nellis and Karen Freifeld(Reuters) -Nvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government limited exports of its H20 artificial intelligence chip to China, a key market for one of its most popular chips.Nvidia (NASDAQ:NVDA)’s AI chips have been a key focus of U.S. export controls as U.S. officials have moved to keep the most advanced chips from be ...