BUSINESS

Tesla Worker Rejects $15 Million Payout In Race Bias Lawsuit

The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020.
A Black former elevator operator at Tesla Inc's flagship California assembly plant on Tuesday rejected a $15 million award in his lawsuit alleging racial abuse by coworkers, opening the door for a new trial after a judge slashed a $137 million jury verdict.
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The outdoor sign seen at the DaVita Dialysis clinic in Denver February 16, 2016.

U.S. Supreme Court Rules Against DaVita Over Dialysis Coverage

The U.S. Supreme Court on Tuesday rejected dialysis provider DaVita Inc's claims that an Ohio hospital's employee health plan discriminates against patients with end-stage kidney disease by reimbursing them at low rates in hopes they would switch to Medicare.
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021.

U.S. Supreme Court Rejects Musk-backed Challenge To SEC's 'Gag' Rule

The U.S. Supreme Court on Tuesday rejected a challenge brought by a former Xerox Corp executive and backed by Elon Musk to a Securities and Exchange Commission (SEC) rule requiring people who agree to settlements with the agency not to deny its allegations against them.
A pair of Louis Vuitton brand sneakers is pictured in a travel box, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 16, 2022.

Luxury Sales To Grow At Least 5% This Year - Bain

Sales of luxury goods are set to rise at least 5% this year as shoppers in the United States and Europe continue to snap up high-end watches, jewelry and shoes despite the conflict in Ukraine and soaring inflation, consultancy Bain said Tuesday.

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