Their Boss Has A Ferrari And Bought A Lamborghini For His Teen Daughter. Employees? They Were Denied an Increase in the Cost of Living

Their Boss Has A Ferrari And Bought A Lamborghini For His Teen Daughter. Employees? They Were Denied an Increase in the Cost of Living

A post on Reddit sparked outrage after one worker shared how their company owner indulges in luxury while denying workers fair compensation. The boss reportedly bought himself a Ferrari and gave his 17-year-old daughter a brand new Lamborghini Urus. Meanwhile, employees were denied a cost-of-living adjustment and forced into a cheaper health insurance plan. The … Read more

High-end car sales sink in China as its economy slows, weighing on European carmakers

High-end car sales sink in China as its economy slows, weighing on European carmakers

HONG KONG (AP) — Chinese demand for foreign luxury cars is waning as customers opt for more affordable models from Chinese brands, often sold at deep discounts, that rekindle their taste for electronics and front-end comfort. This is bad news for European carmakers such as Porsche, Aston Martin, Mercedes-Benz and BMW who have long dominated … Read more