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Bay Area consumer prices hop higher as pace of inflation worsens

by Vera Ward
Bay Area consumer prices hop higher as pace of inflation worsens

The inflation rate in the Bay Area rose at a faster pace in April compared with the last several months, a disquieting sign that the bouts of elevated costs have …

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Singapore airfares set to rise on sustainable aviation fuel levy: ‘there will be a cost’

by Walter Watson
Singapore airfares set to rise on sustainable aviation fuel levy: ‘there will be a cost’

Singapore plans to introduce a levy on air fares to pay for sustainable aviation fuel, an early sign of how the industry’s decarbonisation efforts will increase the cost of travel. …

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Chinese EV makers face day of reckoning in 2024 as competition and price war force out underperformers

by Anas Siddiqui
Chinese EV makers face day of reckoning in 2024 as competition and price war force out underperformers

Slowing growth, intensifying competition and a bruising price war will pile pressure on the 200-plus Chinese electric vehicle (EV) makers this year, with some underachieving players likely buckle and fold. …

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Consumers Won’t Pay More For Cars Because Of Auto Worker Salary Increases

by Horatio Thompson
Consumers Won’t Pay More For Cars Because Of Auto Worker Salary Increases

In the recently ratified new contracts with the Big Three automakers, United Auto Workers members ensured they will receive a minimum 25 percent wage increase over the next four and …

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PG&E quietly lobbies regulators as state preps vote to raise bills

by Vera Ward
PG&E quietly lobbies regulators as state preps vote to raise bills

OAKLAND — During a delay ahead of a state panel’s vote to unleash higher monthly PG&E bills, the utility leviathan quietly lobbied regulators about plans that may enrich shareholders as …

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Groups team up to combat fast-rising PG&E electric and gas bills

by Vera Ward
Groups team up to combat fast-rising PG&E electric and gas bills

OAKLAND — Consumer groups, politicians, labor unions and advocacy organizations have teamed up to combat fast-rising increases in PG&E monthly bills and demand more accountability from the utility behemoth. FAIR …

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