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California agrees for $15-an-hour minimum wage

Sacramento / AP California legislators and labour unions have reached a tentative agreement that will take the state’s minimum wage from $10 to $15 an hour, a move that would make for the largest statewide minimum in the nation by far. “This is not a done deal,” Sen. Mark Leno, a Democrat from San Francisco, said. “Everyone’s been operating in ...

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Brazil unemployment at its highest since 2012

Sao Paulo / AP Unemployment in Latin America’s largest country is at its highest level since 2012, the Brazilian government said on Thursday. The country’s IBGE statistics bureau said that the jobless rate in the three months through January was 9.5 percent, compared to the 6.8 percent posted in the same period one year ago. The number of people out ...

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Newest Tesla electric will aim at middle market

New York / AFP Tesla is set to unveil the Model 3, its long-anticipated pitch to middle class drivers and a key component in founder Elon Musk’s vision to mainstream the electric car. Tesla Motors, until now a purveyor of luxurious all-electric cars with equally luxurious price-tags, plans to sell the Model 3 for $35,000, half the base price of ...

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