Bloomberg Wage growth is on fire. The Atlanta Fed’s Wage Growth Tracker indicates that the median US worker saw pay rise by 3.9 percent year-over-year in October, the fastest rate of growth since November 2008. This number comes on the heels of October’s non-farm payrolls report, which showed average hourly earnings increasing at the fastest annual clip of this ...

  Bloomberg The UK’s National Infrastructure Commission called on the government to press ahead with the reinstatement of a rail line between the university cities of Oxford and Cambridge and for the building of tens of thousands of new homes along the route to maximize its economic potential. “The corridor connecting Cambridge, Milton Keynes and Oxford could be Britain’s Silicon ...

  Bloomberg Uber Technologies Inc. is trying to finalize a settlement with California drivers to resolve potentially billions of dollars in claims stemming from the company’s refusal to give them the protections and benefits of employees. The case centers on allegations that the company failed to pay minimum wage and overtime to hundreds of thousands of drivers. Lawyers didn’t disclose ...

  Bloomberg Volkswagen AG lost market share in Europe for the 14th straight month since the emissions- cheating scandal erupted in September 2015, as competitors took advantage of the German automaker’s tarnished image to attract buyers. Volkswagen accounted for 24.9 percent of the region’s car sales in October, compared with 25.3 percent a year earlier, the Brussels-based European Automobile Manufacturers’ ...

  Montreal / AFP Canada expects to keep its 1989 bilateral free trade agreement with the United States if US President-elect Donald Trump withdraws from NAFTA, the Canadian ambassador to the US said. The Canada-US Free Trade Agreement was superseded in 1994 by the implementation of the North American Free Trade Agreement, which added Mexico to the pact. “Presumably… if ...

  Bloomberg For clues on how U.K. immigration policy might work after Brexit, try looking at a small island just off the northern coast of France. The U.K. government has studied how the British isle of Jersey —whose legislature and judiciary are still independent from the mainland — controls migration, according to local officials who met with Prime Minister Theresa ...

  Bloomberg Apple Inc. has big plans to outfit its next iPhone with vibrant, energy-sipping organic LED displays, seeking to entice consumers with new technology that’s already been embraced by other high-end smartphone makers. The trouble is that the four main suppliers for such components won’t have enough production capacity to make screens for all new iPhones next year, with ...

  ANICK JESDANUN / AP The best thing about Google’s new virtual-reality headset isn’t the headset at all. In fact, Daydream View would pale compared with Samsung’s Gear VR headset were it not for Daydream’s controller, a handheld device that responds to gestures and other motion. With Gear VR, I have to move my head to point a cursor at ...

  Bloomberg Jaguar’s working on its first electric car, a sport utility vehicle with a large glass roof and cutouts in the hood, as the luxury brand joins the race to meet ever-tightening emissions rules. Scheduled for production in 2018, the I-Pace will go more than 500 kilometers (311 miles) on a single charge, manufacturer Jaguar Land Rover said in ...

  Emirates Business Nissan has collaborated with UK-based design workshop Studio Hardie to transform its zero emission e-NV200 van into the world’s first all-electric mobile office — the e-NV200 WORKSPACe. This professional office environment on wheels features an integrated fold-out desk, touchscreen computer, wireless internet, smartphone-controlled LED lights, wireless phone charging, Bluetooth® audio system, mini fridge and barista-quality coffee machine. ...