Bloomberg A Tennessee employee of Volkswagen AG sued the automaker and alleged that it has been systematically discriminating against older workers in wake of a massive emissions scandal that tarnished company’s reputation. Jonathan Manlove, former assistant manager in logistics at the automaker’s Tennessee plant, said he was demoted as part of company’s effort to shed its “old diesel image” and ...

Bloomberg US consumer spending rose less than forecast in May as outlays on services fell and Americans saved more of their incomes. Inflation topped the Federal Reserve’s goal by more than expected. Purchases rose 0.2 percent from April after a 0.5 percent advance that was less than previously estimated, Commerce Department figures showed. The Bloomberg survey median called for a ...

Bloomberg Apple Inc. will soon land a second supplier for the organic light-emitting diode screens used in high-end iPhones, according to people familiar with the matter, a key step in the US company’s push to reduce iPhone costs and its dependence on Samsung Electronics Co. South Korea’s LG Display Co. will initially supply between 2 million and 4 million units, ...