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Biden names Fed vice chair as top economic advisor
Biden names Fed vice chair as top economic advisor
Business and Economy
by  AFP

US President Joe Biden has chosen Federal Reserve Vice Chair Lael Brainard to be his top economic advisor, ahead of a potential reelection campaign and as the administration battles stubbornly high inflation. Brainard was previously viewed as a potential pick for Biden's Treasury secretary, though she was passed over in favor of Yellen, a former Fed chair and the first woman to serve in that role.

Buffalo workers launch drive to become 1st Tesla union
Buffalo workers launch drive to become 1st Tesla union
Business and Economy
by  AFP

A group of workers at Tesla's Buffalo, New York plant announced a campaign Tuesday to form the first union at Elon Musk's electric car company. In 2021, the National Labor Relations Board concluded that the electric car company had illegally fired a worker for organizing at Tesla's California plant and that Musk had illegally threatened workers with loss of stock options if they unionized.

Pharrell Williams in talks to be Louis Vuitton designer: reports
Pharrell Williams in talks to be Louis Vuitton designer: reports
Business and Economy
by  AFP

Hip-hop artist Pharrell Williams is in talks to take over as head of menswear for Louis Vuitton, media reports said on Tuesday. Williams, who came to fame in the 1990s as part of hip-hop group The Neptunes, was not often mentioned in the rumours around the succession, but would fit perfectly with the label's recent moves to attract a younger streetwear-focused audience.